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UK unlikely to clear asylum backlog this year, warns watchdog
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JPMorgan claims Frank founder told staff to overstate user numbers
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Live news: Disney’s chief financial officer to step down for medical leave
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US bank regulator begins $460mn sale of SVB’s German assets
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How does data travel from one continent to another? In 99 out of 100 cases the answer is deep under the ocean using a cable like this one:
on.ft.com/3Nyqsjs
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Virgin Galactic set to start commercial space flights this month
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Just published: front page of the Financial Times UK edition Friday June 16 on.ft.com/3NdgpPa
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Just published: front page of the Financial Times international edition Friday June 16 on.ft.com/3Jit6qW
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Atlanta Fed chief Raphael Bostic reports fresh trading violation
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The proposed legislation argues Russia ‘bears responsibility for the financial burden of the reconstruction of Ukraine’
on.ft.com/3qJmUls
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UN chief attacks oil and gas industry ‘planet wreckers’ over fossil fuel expansion
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Opinion: Silicon Valley excitability has encouraged a surge of investment into AI
on.ft.com/3NcV4Fy
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Cava soars on debut as US restaurant chain tests appetite for IPOs
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Hacker gang Clop deploys extortion tactics against global companies
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Bullish valuation and poor economy blamed for WE Soda’s pulled IPO
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Revolut investor cuts book value by 40%
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🚨🇪🇺🇬🇧🚨This week's #Brexit newsletter looks at UK manufacturing's chilling challenge...via report on how the car industry's decline is a harbinger of what's to come.
ft.com/content/d2beca
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Computer-driven trading firms fret over risks AI poses to their profits
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Opinion: Boris Johnson’s resignation from parliament is nothing other than a good day for British democracy – but by saying he was leaving ‘for now’, Johnson hinted at a comeback like that of his hero, Winston Churchill. He should not be given the chance
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Polish banks face billions of additional losses after ECJ ruling on Swiss franc loans
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Has Rishi Sunak seen the back of Boris Johnson?
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A bipartisan bill is being filed to authorise US president Joe Biden to seize and transfer Russian sovereign assets to Kyiv for the long-term reconstruction of Ukraine
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Many of us remember making sourdough starters and watching Tiger King. But what else happened during Covid lockdowns? The rigid monotony of our lives back then did something to our memory, writes Jemima Kelly on.ft.com/3p8GjvG
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UK accused of ‘sleep walking’ over developing green hydrogen
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Cruise ships pumped four times more harmful sulphuric gases into the atmosphere in Europe than passenger vehicles last year on.ft.com/3PdmZrC
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The west must act now to break Russia’s nuclear fever
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Bank of England warns against reliance on reinsurers for corporate pension deals
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Breaking news: The European Central Bank has raised interest rates to their highest level in 22 years, warning that inflation is far from vanquished on.ft.com/3JDcgDt
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Generative AI is disrupting its own investment case
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ECB increases rates to highest level since 2001
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