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Good morning. A happy little bump in airline stocks yesterday from some good Delta earnings. Vindication for Armstrong! Sort of! Email us: robert.armstrong@ft.com and ethan.wu@ft.com. JPMorgan and the economy JPMorgan Chase is the most important bank on Wall Street and, arguably, the world. Its shares have fallen 25 per cent in the past six months.

Good morning and welcome to Europe Express. Among the last policy announcements expected before the Easter break is the outcome of the European Central Bank’s governing council meeting today, which may shed further light on how the Frankfurt-based bank seeks to reconcile apparently clashing priorities. We’ll explore the conundrum of helping countries borrow at affordable

Funding slowdowns in the tech industry tend to be staggered across three different markets. First, shares in public companies fall. Then venture capital deal valuations decline. Finally, early stage investment dries up. The first two stages are under way. But early stage investment is flying high. This is good news for anyone worried about a

I am an 81-year-old widow. I own a flat in central London which is my second home. I inherited the flat from my husband who died last year, and there are no capital gains tax issues. On average, I stay in the flat two to three nights a month, and my three adult children, friends

Your browser does not support playing this file but you can still download the MP3 file to play locally. US president Joe Biden announced yesterday he would send $800mn in additional military aid to Ukraine, the FT’s John Paul Rathbone outlines Russia’s changing military strategy, and our US financial commentator, Robert Armstrong, unpacks the debate

Your browser does not support playing this file but you can still download the MP3 file to play locally. In a country besieged by war, Ukrainian politicians continued to meet in their parliamentary building, despite the clear threat of attack from Russian troops. Ukrainian MP Dmytro Natalukha shares his experiences of keeping parliament running while

Preserved Egg roams Shanghai’s empty streets with a megaphone strapped to its back. The robot dog is about the size of a terrier and barks orders to residents: stay inside, wash your hands, check your temperature. On some nights, when city officials have ordered mandatory midnight Covid testing, Preserved Egg – the name is reference

On May 9 1921, George V held a state dinner for Crown Prince Hirohito at Buckingham Palace — the first time a Japanese heir-apparent had “ever left his native shores”, according to the king’s toast. Consommé à l’Impérial and lamb chops à l’Orientale were on the menu, and the programme of music for that day

“The Woman Who Ate Photographs”, “The Woman Who Solved Her Own Murder”, “The Woman Who Was Fed By A Duck”. A cursory scroll through the episode titles of Roar may give the wrong impression. This new eight-part anthology series isn’t a catalogue of offbeat human interest stories but a work of inventive, feminist fiction. Developed

This is an audio transcript of the Rachman Review podcast episode: ‘That was frightening as hell’: Ukrainian MP on working in a war zone [MUSIC PLAYING] Gideon RachmanHello and welcome to the Rachman Review. I’m Gideon Rachman, chief foreign affairs commentator of the Financial Times. This week we’re hearing from inside Ukraine. I’m joined from

In a speech delivered less than a week after the Federal Reserve raised interest rates for the first time since 2018, chair Jay Powell acknowledged the historic challenge confronting the US central bank: tame the highest inflation in 40 years without causing a “hard landing” with painful job losses and a sharp economic contraction. “No

Sajid Javid’s right to the “non-dom” status he held before entering parliament has been questioned by tax experts, who said the fact the UK health secretary was an international banker and his father was born in Pakistan would not be enough to entitle him to the perk. Javid, who was briefly chancellor just over two

The writer is co-founder of footwear brand Sante + Wade It was a standard cardboard box, taped up on all sides, and I tore it open with glee. I knew what was inside, after all I had designed it. But when I spied the contents, my excitement turned to dismay. The item in the box

In using a subheading “Rising star Dvornikov tasked to repeat Syria success in south-eastern assault” on the story about Alexander Dvornikov, Russia’s new commander, surely your editors were on autopilot, under the sway of some malign robotic influence? For no one but a monster or the lackey of a tyrant could present anything to do

Although John C Mowinckel (Letters, April 12) questions the exact origins of the UK’s non-dom tax status, it is now widely known that its origins lie in the country’s colonial past. Less well known is that another quirk of our fiscal regime has a similar history — the tax-free pension lump sum. Expatriate members of

Norman’s Café in Archway, north London, is a modern take on a national institution: the great British greasy spoon. There are Formica tables and red gingham curtains. A chequered lino floor. A photo on the wall of Bobby Moore lifting the World Cup and blackboards with loads of things for under a tenner, including my

Jay Newman was a senior portfolio manager at Elliott Management, and is the author of Undermoney, a thriller about the illicit money that courses through the global economy. In 1965, Ralph Nader wrote Unsafe at Any Speed, exposing a car industry that systematically stifled safety features. Over the past two decades, the industry that peddles

Amazon-owned Twitch has moved to ban several accounts on the livestreaming platform after research detailed how pro-Kremlin propaganda had spread on the network. Shortly after Russia invaded Ukraine, Twitch said it would move to “prohibit harmful misinformation actors from using our service”. But a report from the Tech Transparency Project detailed multiple accounts pushing pro-Kremlin

Amazon is adding a 5 per cent surcharge to its delivery fees in response to rising fuel costs and inflation, the company told its third-party sellers on Wednesday. The fee, which takes effect April 28, will be applied to US sellers using Amazon’s logistics network to deliver products, known as Fulfillment By Amazon. It is

Boris Johnson suffered a fresh blow over the “partygate” scandal on Wednesday when his justice minister quit over “repeated rule-breaking and breaches of the criminal law” in Downing Street. Lord David Wolfson said he could not remain a minister following the revelations about Number 10 parties held during coronavirus lockdowns. Wolfson’s resignation came as senior

New York City was already on edge about rising gun violence, lawlessness and hate crimes. Then came Tuesday’s attack on a Brooklyn subway, in which a masked suspect detonated two smoke grenades and shot 10 people during the morning rush hour. On Wednesday, police arrested Frank James, a 62-year-old man who had earlier been named