businessfast

Financial services

Steel and aluminum stocks surge on Trump plan to impose 25% tariffs on imports to U.S.

A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024.Justin Merriman | Bloomberg | Getty ImagesSteel and aluminum stocks surged Monday after President Donald Trump said he will impose 25%...

Opinion

Equanimity mantra

There is a parable of a widowed farmer who lived with his son. He maintained his farm with his only horse. One day, the horse ran away, and the farmer's neighbours said, 'What bad luck!' The farmer replied, 'Maybe bad...

Sports

Bacary Sagna ‘expected more’ from £54m Chelsea signing

Former Premier League defender Bacary Sagna (Picture: Getty) Former Arsenal and Manchester City defender Bacary Sagna admits he ‘expected more’ from one of Chelsea’s big-money summer signings. Chelsea spent more than £200m on new signings last summer but FA Cup...

Energy

Drax UK power station to receive more government subsidies

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK has announced new subsidies for Drax, the country’s largest power station, despite a long-running battle over whether the wood pellets...

autos

The best coupes – driven, rated, ranked

Best for: Ferrari vibesFor a similar price to a well-specified Porsche 718 Cayman, you could demonstrate your confidence by choosing a Lotus Emira instead.Admittedly, with it backed by Geely and powered by Toyota or Mercedes-AMG, the risks are rather lower than with...

Finance

China's tit-for-tat tariffs on US take effect

China's tit-for-tat import taxes on some American goods are coming into effect on Monday, as the trade war between the world's two biggest economies escalates and US President Donald Trump threatens to hit more countries with tariffs. Beijing announced the...

Opinion

Biryani. Paani. Puri. Let that not sink in

Oh, don't get us wrong. We are all for being adventurous. And we've seen some really wild food mashups - Maggi milkshakes, dosa-waffles, chocolate phuchkas, ice cream samosas, ramen burgers, sushi burritos... we can go on. But just when we...

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