Top headlines from across today’s paper
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FINANCIAL TIMES
Tuesday, 21 January 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Donald Trump vows new ‘golden age’ for US as he moves to unwind Joe Biden era
 
President declares reversal on policies from immigration to climate but stops short of announcing new tariffs
 
 
Reeves intervenes in UK car finance mis-selling case to protect lenders
 
Treasury approach to Supreme Court is blow to consumer groups but chancellor fears damage to sector
 
 
Dollar slides as Donald Trump shies away from immediate trade tariffs
 
Euro, sterling and Canadian currencies rally sharply against greenback
 
 
Ørsted announces further writedown on its US offshore wind business
 
Danish developer blames interest rates, supply chains and ‘market uncertainties’ for the latest impairment
 
 
Trump-backed crypto venture to extend token sales after raising $1bn
 
Entrepreneur Justin Sun among investors buying into World Liberty Financial
 
 
 

Top Headlines from the International Editions

 
 
 
Joe Biden pardons Anthony Fauci, Liz Cheney and Mark Milley
 
Outgoing president moves to protect trio from potential legal action after Trump threatened retribution against political foes
 
 
Weight-loss drugs reduce risk of Alzheimer’s, large study shows
 
Analysis of drugs such as Ozempic finds a lower health risk for 42 conditions but a higher rate of disorders such as arthritis
 
 
Apple hit by Belgian probe over ‘blood minerals’ from Congo
 
Lawyers for DRC allege iPhones and other electronics use minerals supplied by armed groups behind atrocities
 
 
Europol chief says Big Tech has ‘responsibility’ to unlock encrypted messages
 
Catherine De Bolle warns companies risk threatening democracy unless they co-operate with lawmakers
 
 
Hedge fund managers pocket almost half of investment gains as fees
 
Industry has taken $1.8tn in charges since the 1960s, according to LCH research
 
 
 

Markets

 
 
 
EU urged to add industrial kiln commodity to list of key raw materials
 
Austria-based, London-listed RHI Magnesita says ingredient needs strategic designation to protect European industry
 
 
Donald Trump jolts markets with threat of tariffs against Mexico and Canada
 
Currency turmoil as US president dashes brief hopes of more measured approach
 
 
BHP boosts copper production as miners race to meet growing demand
 
Strong performance in metal used for key technologies contrasts with weak growth in traditional iron ore operation
 
 
What’s the value of Trump’s new memecoin?
 
Crypto-offerings from the president and his family have worth, but not necessarily the financial kind
 
 
IPO hopeful eToro grabs market bull by the horns
 
Israel-based company seeks to take advantage of equities and crypto boom despite its struggles to show consistent growth
 
 
 

Companies

 
 
 
Donald Trump says China tariffs could hinge on TikTok deal
 
President signs executive order giving popular video app’s owner 75 days to find US buyer
 
 
Huawei seeks to grab market share in AI chips from Nvidia in China
 
Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasks
 
 
Raiffeisen liable for €2bn charge after ruling from Russian court
 
Austrian lender to appeal against damages awarded to a company once owned by sanctioned oligarch Oleg Deripaska
 
 
UK ministers poised to approve expansion of Gatwick airport
 
The government could also give the go-ahead to development of Luton to allow more passengers
 
 
Donald Trump says he will withdraw US from Paris climate accord
 
Decision deals blow to worldwide efforts to slow global warming after hottest year on record
 
 
 

Opinion

 
 
 
America enters the second age of Trump