Top headlines from across today’s paper
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FINANCIAL TIMES
Saturday, 10 May 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Pakistan says it has launched military retaliation against India
 
Tensions between the two nuclear-armed neighbours have escalated closer to a full-scale war
 
 
Donald Trump signals openness to cutting China tariffs ahead of Geneva talks
 
US president suggests reduction to 80% as Beijing announces increase in global exports
 
 
European leaders travel to Kyiv in push for 30-day ceasefire
 
German chancellor Friedrich Merz joins French, British and Polish leaders in show of solidarity with Volodymyr Zelenskyy
 
 
An American pope for the global south
 
Leo XIV could rekindle faith in a shrinking US church while embracing the world’s poor
 
 
OpenAI chief Sam Altman: ‘This is genius-level intelligence’
 
The tech entrepreneur on the risks and opportunities of AI, his dispute with Elon Musk and why he has the ‘most important job maybe in history’
 
 
 

Top Headlines from the International Editions

 
 
 
ECB’s Schnabel says higher prices from tariffs could limit rate cuts
 
Eurozone central banker warns splurge on defence spending and impact of tariffs risk feeding inflation
 
 
The mass delusion of Buffett worship
 
Humans seem to be irrationally predisposed to believing in stockpickers
 
 
China’s J-10 ‘Dragon’ shows teeth in India-Pakistan combat debut
 
Skirmish is first test of Beijing’s military hardware against advanced western technology
 
 
UK and Switzerland open way for direct rail link
 
Governments outline plan to encourage train companies to launch services that could cut journey time to five hours
 
 
Trump team gives ultimatum to UN over Gaza aid plan
 
US officials threaten funding cuts unless agencies support controversial project
 
 
 

Markets

 
 
 
Selling of dollar assets signals start of longer-term shift, warn investors
 
Big institutional money managers said to trim US exposure on concerns over policymaking
 
 
UK hits key figures in Russian oil trade with sanctions
 
Latest measures to increase economic pressure on Moscow target five Azerbaijani oil executives
 
 
German stocks hit record high as trade optimism buoys markets
 
Dax index becomes first major European benchmark to recover all losses sparked by US tariff threats
 
 
Sanjeev Gupta’s commodities trading firm to appoint administrators
 
Move would mark final chapter for one of the controversial metals magnate’s oldest companies
 
 
CoreWeave seeks new $1.5bn debt deal after downsized IPO
 
AI data centre provider returns to investors with potential bond offerings that could reduce cost of borrowing
 
 
 

Companies

 
 
 
Elton John and Dua Lipa urge Starmer to back UK artists in AI copyright row
 
Four hundred creatives and media executives seek PM’s support in battle to limit Big Tech’s use of their work
 
 
Yamaha looks for sax appeal among China’s ageing population
 
Instrument maker hopes growing retiree interest in saxophones and guitars will offset decline in piano sales
 
 
The unanswered questions over Donald Trump’s trade deal with Britain
 
Pact lacks clarity in many crucial areas, say trade experts and industry bodies
 
 
Stockpickers: How investors can take a leaf out of Warren Buffett’s book
 
One of the Sage of Omaha’s guiding principles is to view companies as businesses, not just shares
 
 
Directors’ Deals: Mobico’s COO buys in after share price plunges
 
Transport group held back by debt issues
 
 
 

Opinion

 
 
 
Tariffs won’t make Hollywood great again
 
Duties on foreign