US president texts Norwegian leader that he no longer feels obliged ‘to think purely of Peace’ after missing out on award
Eight countries cut planned borrowing under scheme as deadline to spend the cash looms
US Treasury secretary derides the ‘dreaded European working group’
Donald Trump declines to rule out using force to seize control of Arctic island
Traders sell sovereign debt ahead of snap election that could give PM Sanae Takaichi fiscal spending mandate
Russian president’s spokesperson says Moscow is ‘studying all details of the offer’ to join board overseeing Gaza
‘It may sound like American chauvinism . . . and it is. We’re done apologising about that,’ says Trump official
Military exercise was ostensibly to show support for Arctic security, but US president saw it as a provocation
The president’s threats are an existential moment for the transatlantic alliance
Beijing trumpets trade and technology success yet many regions and people struggle amid an anaemic domestic outlook
Maga allies refuse to condone US president’s threats over Greenland, with many staying quiet or blaming Brussels
Currency slumps as concerns mount over institutional independence
US president says Keir Starmer’s plan to give away territory is ‘weakness’
Gold hits record high as US president insists he will ‘acquire’ island
Plus mid caps play catch-up
Also in this newsletter: Poland pledges to join retaliation against US tariffs and warns against division
Also in today’s newsletter: Unused EU Covid loans and Farage seeks UAE meeting
A successful snap election would strengthen Sanae Takaichi’s mandate for increased government spending
Chancellor told executives to highlight the country’s ability to offer ‘political and economic stability’
Bulk of new money last year eaten up by inflation, housing costs and the nuclear programme, industry experts say
January is not a natural time to start new things
The lure of pensioner-bashing doesn’t take real life into consideration
Silicon Valley bosses who lined up behind the US president for his inauguration have fared well under his administration
The fortunes of furniture makers in North Carolina and Foshan in China show the impact of Trump’s tariff regime
Lack of punitive tariffs targeting China encourages Nio, Aion and Zeekr to bring brands to Britain
Reflecting the UK’s growing taste for the spiced milky tea, young entrepreneurs of south Asian heritage have opened stylish chai cafés and stalls across the capital
Deep discounts, vast data and bespoke AI agents fuel new challenge in China’s multibillion-dollar enterprise market
A meeting with Sheikh Mohamed bin Zayed Al Nahyan would deepen Reform UK leader’s links to the oil-rich Gulf state
UK producers warn design of imports levy is flawed and will favour overseas competitors with high emissions
Lenders rebalance books as tight liquidity from kingdom’s megaprojects forces them to look overseas for funding
Also in this newsletter: New Delhi in US talks over Chabahar port, and Ashish Khanna’s mantra
Conglomerate makes overseas push as Narendra Modi vows to boost India’s exports
Diplomats rush to assemble EU response to US President Donald Trump’s pressure to ‘acquire’ the Arctic island
Government to encourage education providers to open campuses overseas as it focuses on reducing migration
Ministers believe bill is not best use of legislative time and will instead press on with modernising corporate reporting
Peter Kyle warns against ‘simple solutions’ for boosting growth in FT interview