Financial Times

"Trump says ceasefire still in effect after US and Iran clash."

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Russ Roberts (https://trendsingeopolitics.blogspot.com).

All newsletters | Read in browser Friday, 8 May 2026 Good morning. Here are the top stories from the FT

Top Headlines from the UK Edition

Middle East war: Trump says ceasefire still in effect after US and Iran clash   UAE intercepts Iranian drones and missiles as tensions escalate     UK elections: Labour suffers heavy early losses as Reform surges   More than 5,000 council seats are up for grabs in England, as parties also vie for control of the Scottish parliament and Welsh Senedd     Donald Trump’s 10% global tariff ruled illegal by US court   Court of International Trade says levies applied under Section 122 of trade act are ‘unauthorized by law’     Wall Street rebound driven by smallest number of stocks on record   Soaring S&P propelled by Big Tech equities prompts warnings about ‘fragility’ of rally     Why I don’t write about the Liberal Democrats   Britain’s third party is being drowned out by noisier insurgents

Top Headlines from the International Editions

‘Blissful ignorance’: Milken elite bask in glow of roaring markets   Financiers at the Beverly Hills gathering brush aside concerns over Iran conflict and private market strains     IMF warns new AI models risk ‘systemic’ shock to finance   Fund says preparations needed for ‘inevitable’ AI-enabled breaches of financial institutions’ cyber defences     Chinese overseas M&A hits 5-year high despite regulatory barriers   Offshore transactions worth nearly $10bn in first quarter as companies target resources, consumer and manufacturing sectors     Samsung workers demand bigger slice of surging AI profits   South Korean unions threaten strike action in battle for big bonuses and higher wages     ‘Maga divorce’: how Donald Trump’s Iran war is splitting the US right   Rightwing nationalists and influencers say the president has betrayed his ‘America first’ pledge

Markets

Macquarie’s commodities boss paid more than CEO as profits soar   Simon Wright awarded A$35mn annual pay as energy markets drive bumper returns at ‘millionaires’ factory’     Paying with your face will become mainstream, says Korean fintech group   Toss aims to ‘eliminate physical credit cards’ in South Korea in three years     Tech boom brings emerging markets and their rich cousins closer together   Asian manufacturers supplying the picks and shovels of the AI bonanza could be on a more durable footing     The Buy America trade   The rebound is real. Will it last?     US pension fund threatens to divest TotalEnergies stake over offshore wind exit   Symbolic move indicates growing resistance to Trump administration’s payments to stop such projects

Companies

ERG faces semi-nationalisation in boardroom showdown   Kazakh government official to be proposed as new chief executive in upcoming vote at privately owned mining group     McDonald’s warns of price pressures from rising beef and energy costs   Fast food group beats expectations but executives say rising expenses are constricting cash flows for franchisees     Trump’s tariffs and troop cuts could hurt America more than Europe   As the White House lashes out against Germany, US allies must get serious about strategic autonomy     Canadian miner Sherritt pulls out of Cuba on Trump sanctions fears   Termination of 32-year joint venture is a blow to communist island’s economy and could push up cobalt prices     Old IT makes its bid for AI relevance   Pendulum is swinging back to companies in areas such as servers, more general chips and software

Opinion

Why software firms are calling time on the SaaSpocalypse   SaaS companies can stay relevant by housing customer data and layering AI on top     David Attenborough: nature’s great communicator   At 100, his work should inspire a new generation of scientific truth-tellers     Polymarket anonymity must end   Without identity checks, prediction market regulation will be toothless     Let’s stop blaming retail investors for wonky markets   They are finance’s saviours as well as its villains     Who will drive the driverless car revolution?   US companies still lead in innovation but their Chinese rivals are speeding ahead in the deployment race

Work & Careers

Accelerating Business   A monthly series that examines how the legal ecosystem uses new technologies to serve fast-changing business needs. First burst for 2026: the mid-career switch from law firm to legal-tech start-up     Lula moves to end Brazil’s six-day working week   A hundred years after Ford gave workers a two-day weekend, Latin America’s largest country wants to follow suit     AI legal-tech start-ups’ alternative career path for lawyers   The opportunity to join a dynamic business and influence the wider legal sector holds increasing appeal               Follow the FT   Unsubscribe | My Account | Manage Portfolio | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2026. All rights reserved. You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Financial Times Group Limited (FT Group), registered office at Bracken House, 1 Friday Street, London EC4M 9BT. Registered in England and Wales with company number 879531.