President’s historic decision upends White House contest against Donald Trump
‘Provisional’ agreement reached to allow Philippines to resupply military outpost on contested reef
Quota system had triggered deadly protests that resulted in clashes with security forces
Former president receives surge of donations since hush-money conviction while Democrats fret over their candidate
Heller Tools exported machinery to entities linked to a covert FSB smuggling network
Rise in freight costs could drive up the price of goods, slowing progress on disinflation
President’s departure from White House race in effect ends one of Washington’s most storied political careers
The president’s decision to drop out of the US election will trigger a rush to endorse a new Democratic candidate
The Democrats must now decide between a coronation of the vice-president or a divisive contested convention
The Chinese economy needs a clearer strategy to boost its lacklustre demand
Move to prop up peso triggers nerves over government’s ability to stick to long-term strategy
Also in today’s newsletter, Nippon Steel hires former Trump aide and Taiwan begins five-day combat drill
Changing demographics are set to keep older people employed despite risks highlighted by Biden
Plus, financial results from the worlds of Big Tech and banking
West Virginia senator says time for president to ‘pass the torch’ to younger generation as support ebbs away
We now have an important ingredient for progress that we did not in the past — political will
The vermilion double-header is now blooming in its thousands in Paris’s parks. It’s a chic expression of the city’s commitment to urban greening
Rachel Reeves to give statement on Labour’s ‘spending inheritance’ as new government grapples with early crises
Market Questions is the FT’s guide to the week ahead
Proposed legislation aims to better protect data ‘supply chains’ to essential public services
UK chancellor says ‘there is a cost to not settling’ even as Treasury grapples with straitened finances
Criticism from asset managers is increasingly leading big employers to walk back diversity and environmental measures
Trump’s ex-secretary of state to help Japanese company overcome opposition to deal
Energy infrastructure in port city of Hodeida targeted in retaliation against fatal strike in Tel Aviv
Disruptions in the sector are forcing some green energy developers to defer key projects
Annual Han Kuang exercise pivots from scripted performances to realistic battlefield scenarios
Short-term contracts leave Baku unable to raise investment needed to meet demand from bloc, says Azeri envoy
Executives see increasing signs of a shift to direct deals with cable manufacturers, car companies and other big buyers
Beijing’s exponential growth in renewables is propelling a dangerous narrative that masks wider political failure
Chief of Sony-Honda’s joint venture says Japan needs to shake up its conservative corporate culture
Republican candidate joined on stage by running mate JD Vance at rally in Michigan
Treasury launches review of Britain’s pensions system with threat to force local governments to co-operate
Financial services veterans call on chancellor to prioritise increasing minimum workplace pension contributions
Hedge funds and investors lured by high interest rates, but flows could leave country vulnerable to a shift in sentiment
Political upheavals in France and the US are causing anxiety in Berlin