Top headlines from across today’s paper
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FINANCIAL TIMES
Thursday, 24 April 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Donald Trump attacks Ukraine for not recognising Russian occupation of Crimea
 
US president says Kyiv’s position is ‘very harmful to the peace negotiations with Russia’
 
 
Scott Bessent warns mutual de-escalation required in US-China trade war
 
Treasury secretary denies reports Washington will make unilateral cuts to tariffs
 
 
Reeves opens door to cutting US car import tariffs in UK trade talks
 
Chancellor says a deal ‘can be done’ with Washington but insists Britain will not lower food or auto standards
 
 
Citi to close Málaga office that promised bankers better work-life balance
 
The US lender told the FT it was shutting its Spanish Costa del Sol office as part of a strategy to ‘simplify the firm’
 
 
There is no such thing as a Trump whisperer
 
Western leaders who are said to be on special terms with the US president have nothing to show for it
 
 
 

Top Headlines from the International Editions

 
 
 
South Korea GDP falls as political turmoil hits consumption
 
First-quarter data highlights economic weakness just as Seoul launches tariff talks with US
 
 
Davos founder accused of manipulating World Economic Forum research
 
Klaus Schwab denies whistleblower claims and says he is the victim of ‘character assassination’
 
 
Donald Trump to exempt carmakers from some US tariffs
 
President’s latest retreat follows intense lobbying by industry executives
 
 
The Maga Catholics trying to take back control of the church
 
A growing number of Americans hope that Pope Francis’s death will mark a decisive conservative shift for the papacy
 
 
From trains to tanks: Germany’s rearmament marks industrial shift
 
Push to increase defence production is offering a glimmer of hope for workers facing manufacturing job losses
 
 
 

Markets

 
 
 
Donald Trump’s memecoin surges as holders compete for private dinner with US president
 
The top 25 owners will be invited to a reception and VIP tour of the White House
 
 
ExxonMobil edges Occidental in US lithium race
 
Oil producers go to battle over mineral rights in Arkansas’ Smackover formation
 
 
US stocks end higher after Trump soothes Fed independence worries
 
Wall Street stages relief rally after president says he has no plans to fire Jay Powell
 
 
London Metal Exchange plans to introduce green metals premium
 
Move follows pressure from mining firms to distinguish their supplies from ‘dirty’ minerals with large environmental impact
 
 
Oil prices slide as traders brace for extra barrels amid Opec tensions
 
Brent crude falls by more than 2% as markets weigh possibility of faster production increases
 
 
 

Companies

 
 
 
SK Hynix profits double on memory chip stockpiling ahead of US tariffs
 
Analysts say key AI component supplier overtook South Korean rival Samsung in Dram memory in first quarter
 
 
UK to announce final go-ahead for flagship carbon capture project
 
The HyNet North West industrial cluster will be confirmed at a two-day energy security summit in London
 
 
Adidas nearly doubles operating profit despite trade tensions
 
Demand for retro trainers helps German sportswear company record its best ever first-quarter sales
 
 
Harvey Weinstein retrial puts #MeToo movement back into focus
 
Hollywood mogul’s lawyers hope attitudes to sexual assault have shifted five years after his conviction
 
 
Kering sales slump as crisis deepens at Gucci
 
Sharp sales decline at luxury group’s biggest brand underlines the huge challenge faced by Gucci’s new creative director
 
 
 

Opinion

 
 
 
Meloni’s meddling in Italian bank M&A is sadly on-trend