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Keep apprised through no-cost notificationsMerely enroll in the Chinese economy myFT Digest – delivered straight to your email inbox.The International Monetary Fund (IMF) has urged China to halve its governmental backing for industry, as global apprehensions intensify over the excess production capacity in the world’s second-biggest economy.The fund calculated that China dedicates approximately 4% of its Gross Domestic Product (GDP) to subsidizing enterprises within crucial sectors, suggesting a reduction of that amount by 2 percentage points in the medium term.China’s industrial policies “are causing international repercussions and strains” and, combined with sluggish domestic consumption, have rendered China “more dependent on…
Babcock International Group has unveiled a novel remunerated early infant leave provision for its UK-situated personnel, making it the pioneering defense firm to endorse The Employer with Heart Charter in collaboration with The Smallest Things charity, the corporation announced. This fresh regulation will grant extra remunerated time off to employees whose infants arrive early. Its objective is to furnish families with more time amidst what the firm characterized as a trying and sensitive phase. Babcock noted that this offering expands upon its current neonatal time-off structures, constituting an element of its broader strategy for supportive family employment. Louise Atkinson, Chief…
Access the White House Watch newsletter without chargeA primer on the implications of Trump’s subsequent tenure for Washington, commerce, and the globeJPMorgan Chase is negotiating to offer financial facilities to the Board of Peace, the US-spearheaded organization responsible for Gaza’s reconstruction, which Donald Trump endeavors to establish as an alternative to the UN, as reported by individuals knowledgeable about these discussions.This Board of Peace was initially envisioned as an element of the US president’s drive to forge a fresh administrative structure for Gaza, following the ruinous, protracted conflict between Israel and Hamas within the Palestinian territory.© Al Drago/Bloomberg
Feb 19, 2026, 12:11 AM ETTUCSON, Ariz. — Anthony Dell’Orso tallied a personal-best 22 markers as a reserve, while Ivan Kharchenkov contributed 18 more, as No. 4 Arizona recovered following its initial pair of season defeats, vanquishing No. 23 BYU 75-68 this past Wednesday evening.Arizona (24-2, 11-2 Big 12) commenced its campaign with 23 successive victories, occupying the top national spot for nine consecutive weeks prior to suffering consecutive defeats against No. 9 Kansas and No. 16 Texas Tech.Dell’Orso, a 6-foot-6 Australian, assisted the Wildcats in returning to victorious ways by converting 8 of 15 attempts from the floor, which…
Feb 18, 2026, 11:56 PM ETTUSCALOOSA, Ala. — Having donned a protective brace days prior, the celebrated Arkansas player, Darius Acuff Jr., promptly retorted when his coach, John Calipari, inquired about his potential absence from Wednesday evening’s matchup against Alabama.”Are you insane?” Acuff questioned, Calipari recounted.Not only did Acuff participate, but he excelled brilliantly. The rookie guard almost secured an astonishing win in a 117-115 double-overtime defeat, occurring on an evening when the 20th-ranked Razorbacks operated with merely a seven-player lineup against the 25th-ranked Crimson Tide.Acuff accumulated 49 points—ranking as the second-highest tally in a solitary collegiate basketball game this…
Gain complimentary access to the Editor’s SummaryEach week, Roula Khalaf, the FT’s Editor, curates her preferred articles for this bulletin.The administrations of the United States and the United Kingdom exhibit markedly distinct stances regarding their trade imbalances. While the Americans adopt an aggressive, dragon-like posture, unleashing fiery measures (duties) upon presumed offenders, the British appear largely composed. Such a disparity is scarcely astonishing, considering the contrasting temperaments of the nations’ leaders. However, is this stance warranted? Upon closer examination, I harbor doubts.Following the economic rationale of the ‘dragon’, Britain too ought to be incensed. In the preceding year, the United…
Gain access to the Editor’s Summary without costRoula Khalaf, the FT’s Editor, curates her preferred articles in this weekly e-publication.Christine Lagarde’s anticipated transition to lead the World Economic Forum is not anymore an “inevitable outcome”, as stated by individuals privy to the leadership transition arrangements at Davos.Lagarde, who is anticipated to resign prematurely as European Central Bank president prior to the French polls, was generally favored to assume the role as the subsequent enduring head of the WEF, whose founder Klaus Schwab suddenly stepped down last year. She presently sits on its administrative council.However, Lagarde has progressively been regarded among…
KNDS and EOS Defence Systems have concluded a collaboration pact, designed to broaden their joint efforts on remotely operated weapon systems and accompanying armaments, the entities have announced. This pact establishes a structure for collaborative endeavors spanning market outreach and solution creation. The firms declared their intent to pool their specialized knowledge in mid-range weaponry, remotely operated weapon platforms, and comprehensive anti-UAV systems. KNDS indicates that this alliance aims to meet the demand for mid-range armaments in the 30x113mm category, encompassing terrestrial and maritime uses. Furthermore, KNDS affirmed it will present its non-ITAR restricted 30M781 Versatile Firearm (30×113) as part…
Challenger 2 tanks from the UK have conducted maneuvers with U.S. Army armored units during the Winter Camp exercise in Estonia, where NATO’s multinational battlegroup evaluated its capacity to function amidst severe cold-weather conditions. This military drill unfolded close to Tapa, incorporating personnel from NATO’s battlegroup in Estonia, which is spearheaded by the British Army and has upheld an uninterrupted armored and mechanized deployment within the nation for nearly nine years. The training involved forces moving from their barracks into snowy, sub-zero field conditions to evaluate strategies, equipment, and logistical support in wintry settings. Visuals disseminated from the exercise depicted…
An American jury is poised to determine if Centerview made an error by dismissing a junior analyst who required at least eight hours of sleep every night.