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Macy’s says employee hid more than $132mn in delivery expenses

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Dollar falls after Donald Trump names Scott Bessent to Treasury role

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Munich police shoot gunman outside Israeli consulate

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Michel Barnier named as French prime minister

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Volkswagen gears up for historic battle to deal with painful EV transition

An attempt by Volkswagen’s top executives this week to defend their unprecedented plan to close

Kamala Harris steps up campaign in make-or-break Pennsylvania

Kamala Harris will make her second visit to western Pennsylvania in less than a week

AstraZeneca says ‘small number’ of employees under investigation in China

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Shell claims LNG group ‘wrongfully earned’ $3.5bn on shipment arbitrage

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CVC’s returns from exits more than double in first results since IPO

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Why is India so bad at sports?

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Germany faces jobs crisis ‘of a thousand cuts’

Post-pandemic labour hoarding and strong employee-protection rules are masking worrying changes in Germany’s market for

China’s Xi Jinping courts African leaders to ward off geopolitical rivals

China’s President Xi Jinping and African leaders hailed their shared future as they opened a

Disney’s latest pay TV bust-up comes at desperate moment

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

US Steel warns Pennsylvania jobs ‘at risk’ if Nippon Steel takeover fails

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OpenAI co-founder Ilya Sutskever’s ‘safe’ AI start-up raises $1bn

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Republican Liz Cheney endorses Kamala Harris for president

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Netanyahu’s defiance leaves Israel-Hamas deal out of reach

A day after Israel confirmed that Hamas had killed six hostages in Gaza, the Israeli