Financial Times

"China's leaders hunt for strategic gain from U.S. quagmire in Iran."

Views expressed in this geopolitical news and analysis are those of the reporters and correspondents.  Accessed on 24 March 2026, 0649 UTC.

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FINANCIAL TIMES
Tuesday, 24 March 2026
 
 
 

Top Headlines from the UK Edition

 
 
 
China’s leaders hunt for strategic gains from US quagmire in Iran
 
Beijing hopes Washington’s redeployment of forces from Asia will further tip regional balance of power
 
 
SoftBank tests its own borrowing limits with $30bn bet on OpenAI
 
Masayoshi Son faces investor nerves with massive spending on AI investments
 
 
Middle East war live: Iran contradicts Donald Trump and says no direct talks to end war
 
US president postpones possible attacks on energy infrastructure after hailing ‘productive’ discussions with Tehran
 
 
Markets wrong on UK interest rate rises, say economists
 
Forecasters argue a weak economy will prevent the energy shock fuelling persistent inflation
 
 
Netanyahu is gambling with Israel’s future
 
Perpetual war and fading American popular support is a formula for disaster
 
 
 

Top Headlines from the International Editions

 
 
 
Dubai’s Indian expatriates hunker down amid Gulf conflict
 
Deep historic links and economic necessity underpin immigrants’ desire to see out the war
 
 
Apollo caps investor withdrawals from flagship private credit fund
 
Investor uncertainty intensifies as AI impacts on the enterprise software industry emerge
 
 
Estée Lauder in talks to combine with Jean Paul Gaultier owner Puig
 
Tie-up between US and Spanish groups would create a $40bn beauty giant
 
 
Pakistan steps up as go-between in Trump’s Iran crisis
 
Military strongman Asim Munir uses Tehran ties and warm relationship with US president to boost mediation effort
 
 
OnlyFans owner Leonid Radvinsky dies at 43
 
Ukrainian-American billionaire bought majority stake in controversial porn streaming platform in 2018
 
 
 

Markets

 
 
 
After the endgame, a levelling down
 
Capital stacks, or stacked capital requirements?
 
 
Traders placed $580mn in oil bets ahead of Donald Trump’s social media post on Iran talks
 
Thousands of Brent and WTI contracts changed hands 15 minutes before president’s message on Truth Social
 
 
Markets rebound after Donald Trump postpones attack on Iranian energy
 
Stocks reverse losses and oil tumbles after US president says there have been ‘constructive’ talks with Tehran
 
 
US to pay Total $1bn to switch from wind to oil and gas development
 
Deal comes as Donald Trump faces pressure to limit energy price increases triggered by Iran war
 
 
Elon Musk verdict suggests US shareholders are stepping into the regulatory void
 
The ruling against him may suggest the judicial system is leaning into its expanded role in securities law enforcement
 
 
 

Companies

 
 
 
US must suspend Nvidia AI chip exports to China, senators say
 
Lawmakers call for commerce department to suspend licences that let company send advanced semiconductors to south-east Asia
 
 
Companies will have to pay UK supplier invoices within 60 days or face fines
 
CBI praises legislation aimed at protecting small businesses for striking ‘the right balance’
 
 
AI child abuse images surge as watchdog warns of criminal misuse
 
Offenders exploit new technology to mass-produce increasingly violent illegal material
 
 
Gilead Sciences buys autoimmune biotech Ouro Medicines for $2.2bn
 
California-based drugmaker takes advantage of surging share price to strike takeovers
 
 
Italy’s mail-to-telecoms national champion gets a thumbs down
 
Poste Italiane’s €10.8bn bid looks unenticing for Telecom Italia’s investors — it should try harder to bring them onside
 
 
 

Opinion

 
 
 
The other Trump foreign adventure
 
US president looks for regime change in Cuba
 
 
The BBC is a victim of benign neglect
 
It is time for a director-general with bold thinking in this age of disruption
 
 
The politics of cricket in Pakistan
 
Tuning in to watch the country’s once-vaunted national team lose has become a mandatory, if masochistic, ritual
 
 
Gilts: blame the hedge funds?
 
No one’s doing it like the Brits
 
 
Trump’s Iran playbook was written in the 1980s
 
From oil threats to ultimatums, the US president has a decades-old view of how to confront Tehran
 
 
 

Work & Careers

 
 
 
The ghost bankers haunting the City
 
Unable to leave the financial district, some senior staff appear to be working long after handing in their pass
 
 
Memo from Paris: controversy and gastronomy at France’s biggest farm show
 
Despite the absence of cows this year due to disease concerns, the annual Salon International de l’Agriculture still dazzled with other livestock, as well as the finest regional flavours
 
 
 
 
 
 
 
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