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Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaThe hunt for Iran’s ballistic missile crewsAmerica chose this war — and must now choose how to end itThe guards rise again: the force still shaping IranSwitzerland votes to end ‘marriage penalty’ in historic tax referendumMuscat airport limits private jet flights as wealthy leave the GulfUSUS HomeUS EconomyUS CompaniesUS Politics & PolicyAmerica chose this war — and must now choose how to end itTrump raises the stakes in Iran by weighing deployment of US ground forcesChina signals it wants a Trump visit despite Iran warLiberals should be less shy about saying what they stand forDonald Trump calls for more US military action in Latin AmericaCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportMuscat airport limits private jet flights as wealthy leave the GulfOil surges past $100 a barrel for the first time in four yearsIn the centre of the storm: what does the Iran war mean for Dubai?Liberals should be less shy about saying what they stand forKKR eyes multibillion-dollar sale of data centre cooling companyTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaKKR eyes multibillion-dollar sale of data centre cooling companySamsung seeks AI deals to challenge Apple’s smartphone leadPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnUS draws up strict new AI guidelines amid Anthropic clashMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingOil surges past $100 a barrel for the first time in four yearsIs the nightmare scenario for global energy here?US faced with few good options to tamp down surging oil pricesBritain is now the home of the Middle ManInvestors are not ready for a true shockClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersAmerica chose this war — and must now choose how to end itWe’ll always have DubaiLiberals should be less shy about saying what they stand forThe war of unintended consequencesEurope’s impotence extends to energyLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItWhy it’s time to end the grim march of the touchscreenGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Life & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. Where does it stop?The curse of the ancient lead tabletsPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesThe real-world paths to hellHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InGerman politicsGerman chancellor’s party heads for narrow defeat in key regional electionGreens projected to take lead in Baden-Württemberg state while AfD almost doubles vote share, according to projectionsCommoditiesGermany secures US sanctions exemption for Rosneft refineryMove spares Berlin from risk of major fuel supply disruptionsWorldMerz should seize the opportunity to push back against TrumpUnlike his predecessors, Germany’s chancellor does not define himself by constraintsConstanze StelzenmüllerEurope’s Leading Start-up Hubs 2026How Munich became an engine for defence start-upsBavaria’s roots in arms manufacture date back to the 19th centuryEurope’s Leading Start-up Hubs 2026UnternehmerTUM: Munich hub has winning formula for entrepreneursCentre tops the FT’s ranking of Europe’s leading start-up hubs for the third timeTefaf Maastricht 2026Restoring a painting is one of life’s great pleasuresAn effervescent hunt scene by Rubens is set to spring into life, thanks to experts at Dresden’s GemäldegalerieMusicThe Cunning Little Vixen, Staatsoper Berlin — Simon Rattle masters Janáček but there’s magic missingDespite the conviction of conductor and musicians, this production proved awkward and unfinishedMiddle East warFriedrich Merz to meet Trump after justifying strikes on IranGerman chancellor says ‘now is not the time to lecture our allies’, hoping to mollify US president on Ukraine and tradeGazaGerman government weighs Berlinale chief’s future over Gaza controversyFestival director Tricia Tuttle faces criticism after a prizewinner accused Berlin of complicity in Gaza ‘genocide’EU-China relationsMerz urges Xi to reset trade relationsGerman chancellor calls on Beijing to appreciate currency, cut subsidies and reduce industrial ‘overcapacity’DronesGerman MPs cut contracts for kamikaze drones backed by Peter Thiel and Daniel EkMembers of parliament cut overall spending by more than half and imposed €1bn cap per producerGerman politicsBecoming a citizen is bittersweet in today’s GermanyA trip in honour of my Jewish great-grandmother was a reminder that we don’t all learn the same lessons from historyJuliet RiddellEU defenceEx-Airbus chief says German decision to work with France on fighter jet a ‘mistake’Tom Enders warns that any future national project risks becoming a ‘gigantic misallocation of resources’ for BerlinGerman economyMerz steps up scrutiny of arms procurement amid spending angstGerman chancellor enters debate over funding conventional weapons made by Rheinmetall vs defence start-upsEU-China relationsMerz seeks ‘reliable and fair partnership’ with XiGerman chancellor will urge China to curb unfair trade practices amid deindustrialisation woesTrump tariffsFrance says EU has the tools to hit back at Trump over tariffsCountry’s trade minister says bloc must be prepared to retaliate while Beijing warns of turmoilEuropean companiesAgeing populations will raise demand for lifts, says German manufacturerTK Elevator predicts boost from elderly people reluctant to take the stairsEurope ExpressWhat Friedrich Merz is going to tell Xi JinpingThe German chancellor will arrive in Beijing with a markedly tougher trade stance than his predecessorsEU defenceOnly an army — and true integration — will solve Europe’s defence problemAtlanticists fear this would hasten America’s departure from the continent, but what is the alternative?Adam ToozeFrieze LA 2026The powerhouse gallerists behind Sprüth Magers have never lost an artist. Here’s whyMonika Sprüth and Philomene Magers on going global while ‘staying small’European Central BankSpain first to enter race for Lagarde succession at ECBSpanish government seeks ‘influential and meaningful position’ at helm of Eurozone central bankEU defenceMerz says fighter jet project fails to meet Germany’s needsChancellor’s comments contradict Emmanuel Macron and hint at probable unravelling of the Future Combat Air SystemDemographics and populationGerman population set to shrink 5% by 2050Europe’s largest economy faces steeper demographic decline than previously estimated, says IfoEU defenceGermany vows more defence tech funding after backlash over tanksSenior officials will direct more money towards innovation following criticism of reliance on ‘legacy’ systemsMBAMBA study story: an Olympic medallist tests his mettleAfter taking gold in Paris, Oliver Zeidler had to dig deep to balance training and business schoolHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In

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