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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia’s revenues soared in the quarter to the end of January as demand for its artificial intelligence-focused chips boomed. The company said its sales increased 78 per cent year over year to $39.3bn, above estimates
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Donald Trump signalled the US is prepared to forge an “economic” deal with Russia amid a sharp reversal of Washington’s policy towards Moscow, saying the two countries had held “very good talks” over ending the war in Ukraine. The US president’s comments, made while sitting alongside his French counterpart Emmanuel Macron in the Oval Office, came
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Donald Trump’s “minerals-for-aid” offer to Ukraine last week has put the spotlight on the country’s vast and rare mineral resources, to which Washington wants rights as payback for past military support. Ukraine has large underground deposits worth up to $11.5tn of critical minerals, including lithium, graphite, cobalt, titanium and rare earths such as gallium, that
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Emmanuel Macron has described Donald Trump’s return as an “electroshock” that should force Europe to secure its own future as well as Ukraine’s. In an interview at the Élysée Palace shortly after Trump agreed with Vladimir Putin of Russia to hold imminent peace talks, the French president championed the need for Europe to “muscle up”
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European officials fear they will have to bear the cost of postwar security and reconstruction as they reel from being cut out of US-Russia peace negotiations on Ukraine. Donald Trump said on Wednesday, after talking to Russian President Vladimir Putin, that their delegations would “start negotiations immediately” to end the war, blindsiding European capitals. More
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President Donald Trump said Washington and Moscow will begin negotiations “immediately” on ending the war in Ukraine after speaking with his Russian counterpart Vladimir Putin. Wednesday’s call indicated a dramatic turnaround in the US-Russia relationship amid signs Washington would dial back its support for Ukraine after almost three years of war. Trump wrote on his
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Holding bitcoin is cool again. President Donald Trump has vowed to make America the “crypto capital of the planet”, words that have helped supercharge the token’s price to eye-watering six-figure highs. Wall Street banks and money managers are preparing to jump in. Investors hope Trump will turn the often-derided token into a mainstream financial asset
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Israel’s Prime Minister Benjamin Netanyahu ordered his military to mass around the Gaza Strip and threatened to resume “intensive fighting” against Hamas if the Palestinian militant group failed to release Israeli hostages by midday on Saturday. Netanyahu’s ultimatum on Tuesday came after Hamas’s announcement that it was delaying “until further notice” the planned release of
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Trump trade” bets on a stronger dollar and higher bond yields have backfired so far this year, as investors take a more bearish view on the economic fallout from the new US administration’s global trade
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