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German fintech hits €12.5bn valuation in deal backed by Peter Thiel

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US defence act passes in rebuke to Trump administration’s stance on Europe

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Tesla’s article-to-Cybertruck delivery ratio currently stands at 219 to 1

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

El Salvador’s President Nayib Bukele steps down for contentious re-election bid

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‘Operation Influencer’: Portugal’s PM undone by wiretaps, lavish dinners and pile of cash

The scandal that toppled Portugal’s Socialist prime minister involved lavish business dinners with foreign investors,

Israel resumes fighting against Hamas after ceasefire expires

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Two executives of groups linked to troubled Chinese shadow bank go missing

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Restructure or liquidate? Deadline looms for China’s Evergrande

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PwC fined $7mn over exam cheating by China and Hong Kong staff

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JAB’s Panera Brands files confidential IPO paperwork

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Warm words in Beijing for ‘old friend’ Henry Kissinger but mixed legacy in Washington

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US judge blocks first-ever state ban on TikTok

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Russia bans LGBT movement as ‘extremist’

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Global stocks record best month in three years on interest rate cut hopes

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Tesla reveals Cybertruck pricing as it begins deliveries

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Ex-Goldman analyst and lawyer brother go on trial for insider dealing

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Disney clashes with Nelson Peltz as activist launches new proxy battle

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