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[EN] Financial Times

Renault’s European manufacturing better than China’s, chief says

François Provost claims superior ‘efficiency’ as carmaker speeds up research and development

US Senate confirms Warsh as Fed chair

Also in today’s newsletter, the importance of independent voters ahead of this year’s midterm elections

1536 is a cracking new play about turmoil in Tudor England

Ava Pickett’s drama follows the impact on three ordinary women of Henry VIII’s actions

The confident performer with a mixed record of reform

The health secretary’s ambition to succeed Keir Starmer was well known, but his time overseeing the NHS has proved trickier than expected

UK first-quarter growth ‘probably part illusion’, analysts warn

Budget-related uncertainty has made it harder to estimate GDP, top statistician says

Klarna breaks even for first time since blockbuster New York IPO

Shares in European fintech have plunged 70% since September

Wes Streeting resigns from government

Health secretary says he has ‘lost confidence’ in Starmer but stops short of launching leadership challenge

China warns UK over nationalisation of British Steel

Beijing says it will take ‘strong measures’ to protect rights of owner Jingye

NHS hospitals hit key target on waiting times in boost for Streeting

Cut in waiting lists in England revealed ahead of health secretary’s expected bid for Labour leadership

Paul Simon continues his magnificent return from retirement at London’s Royal Albert Hall

The 84-year-old delivered a stirring set that ranged from Simon and Garfunkel classics to the mini-masterpiece that is his latest album

What is the future of UK politics? You asked, we answered

The FT’s Stephen Bush, Miranda Green and Robert Shrimsley, replied to reader questions

Uprising — Tahmima Anam’s novel of rebellion is her finest to date

Seen through children’s eyes, this fable of oppression draws on one of Bangladesh’s real-life exploitative brothels as well as its revolutions

Revolut prepares to launch private bank as it woos wealthy

Europe’s largest fintech awarded licence to provide complex financial instruments to clients

US-China relations depend on Taiwan, Xi warns Trump

Chinese president tells US counterpart there are ‘no winners’ in trade war

AI desperately needs more adult supervision

The critical challenge is to build institutions that protect us from tech companies and the state

Palestinian president Abbas moves to tighten grip with role for son

Proposed elevation of Yasser Abbas to senior position comes despite pressure to reform father Mahmoud’s administration

Xi tells Nvidia, Tesla and Apple CEOs that China will ‘open wider’

US business leaders praise ‘great importance’ of Chinese market on visit to Beijing alongside Donald Trump

Dutton Ranch — Yellowstone sequel serves up full-bodied soapy fun

Kelly Reilly reprises her role as Beth Dutton as the neo-Western saga expands to Texas

Is an AI spending plateau on the horizon?

Also in today’s newsletter: carbon capture shows promise in decarbonising data centres

Britain isn’t ungovernable. It’s just been badly governed

Short-termism and poor choices are to blame for the country’s political predicament

Vessel seized off UAE coast and heading for Iran

Ship anchored outside Strait of Hormuz taken by ‘unauthorised personnel’

Merz vows to oppose new EU debt despite Germany’s borrowing spree

German chancellor urges member states to make ‘painful’ budget choices to fund rearmament

‘I’ve seen some things’: Eric Ries on why good companies go bad

Author of the start-up bible has turned his attention to corrupting influences at the heart of contemporary capitalism

The Lyric Hammersmith’s An Ideal Husband — a lavish, chaotic update of Oscar Wilde

Nicholai La Barrie’s production carries a thrillingly timely charge, but is often overwhelmed by its own excess