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Yair Lapid, head of Israel’s largest opposition group, said the prospect of the country establishing full relations with Saudi Arabia was ‘welcome’ © Bloomberg Israel’s opposition leader has hit out at the idea of allowing Saudi Arabia to enrich uranium in the kingdom, warning such a development would pose a threat to the Jewish state’s
Receive free UK inflation updates We’ll send you a myFT Daily Digest email rounding up the latest UK inflation news every morning. UK inflation was lower than expected in August, falling to 6.7 per cent from 6.8 per cent in July, rather than increasing on the back of higher petrol costs. The drop in almost
Receive free Canada updates We’ll send you a myFT Daily Digest email rounding up the latest Canada news every morning. Canada’s prime minister has said there are “credible allegations” that India’s government was involved in the fatal shooting of a prominent Sikh leader in British Columbia, citing intelligence from national security services. Justin Trudeau on
Western companies that have continued to operate in Russia since Moscow’s full-scale invasion of Ukraine have generated billions of dollars in profits, but the Kremlin has blocked them from accessing the cash in an effort to turn the screw on “unfriendly” nations. Groups from such countries accounted for $18bn of the $20bn in Russian profits
Rishi Sunak has told Chinese premier Li Qiang he has “significant concerns about Chinese interference in the UK’s parliamentary democracy” after the arrest of a British parliamentary researcher on suspicion of spying for Beijing. The Metropolitan Police has confirmed that two men were arrested under the Official Secrets Act in March over allegations of espionage-related
Germany is pushing the European Commission to postpone tariffs on electric vehicle sales between the UK and the EU after industry warned that the measure would backfire. In a boost for Rishi Sunak’s government, Berlin now supports the UK’s calls for a three-year delay to the duties, two people familiar with the situation said. At
Apple and Microsoft, the most valuable companies in the US, have argued some of their flagship services are insufficiently popular to be designated “gatekeepers” under landmark new EU legislation designed to curb the power of Big Tech. Brussels’ battle with Apple over its iMessage chat app and Microsoft’s search engine Bing comes ahead of Wednesday’s
Receive free Healthcare updates We’ll send you a myFT Daily Digest email rounding up the latest Healthcare news every morning. Are the British work-shy? The UK is now the only developed country where more people have continued to drop out of the workforce since the pandemic. The work and pensions secretary has urged the over-50s
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Chinese property stocks declined on Thursday after Country Garden, once the country’s largest developer by sales, reported record losses and China Vanke cancelled a share placement. The CSI 300 Real Estate index, which tracks property stocks listed on mainland exchanges, declined 4.1 per cent in morning trading. Hong Kong’s Hang Seng Mainland Properties index declined