Category: FT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China and India have achieved a “new environment” of “peace and tranquillity”, New Delhi’s national security adviser told Beijing’s top diplomat, as the world’s two most populous countries move to repair ties shattered by a deadly border clash in 2020. Chinese foreign minister Wang Yi on Tuesday had meetings with Indian Prime Minister Narendra Modi and India’s national security adviser Ajit Doval, encounters that will pave the way for Modi’s first visit…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SoftBank’s billionaire founder Masayoshi Son held talks with Intel’s chief executive about buying its faltering contract chipmaking business in the weeks before Monday’s announcement that the Japanese company would invest $2bn in the US group’s shares. Son has met Intel’s Lip-Bu Tan since the latter’s appointment in March to discuss a potential deal, according to multiple people with knowledge of the talks, as the US company tries to find a…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan believes that it can help African governments reduce high cost debt repayments built up in the last decade when China increased its lending to the continent. Tokyo is strapped by the same fiscal pressures and rising right-wing populism being felt across the west making support for any large increase in aid spending hard to find. At the same time, its companies remain highly cautious about investing in Africa. Despite…

US President Donald Trump floated the prospect of US security guarantees for Ukraine, Prime Minister Narendra Modi is looking for options after India got hit by extremely high US tariffs, Soho House has agreed to a take-private deal, and Softbank is buying $2bn worth of Intel shares. Plus, the FT’s Leila Abboud explains why more Italian bonds are starting to look a little more like French bonds. Mentioned in this podcast: Trump floats US security guarantees for Ukraine in meeting with Zelenskyy French borrowing costs close in on Italy’s as…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India and China were seeking to “move ahead” with their relationship, New Delhi’s foreign minister has said, as China’s top diplomat started a visit to ease tension between the world’s two most populous countries. The neighbours have been locked in a five-year stand-off sparked by a deadly border clash in 2020. But the disruption brought by US President Donald Trump’s trade war has created an opening for the rival Asian…

This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. At last some good news. Last week, the credit rating agency S&P Global upgraded India’s long-term unsolicited sovereign credit rating to BBB, on the back of the country’s sustained fiscal consolidation and economic resilience. This is India’s first upgrade since 2007! In today’s newsletter, US President Donald Trump’s tariffs draw China and India closer to each other. But…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel on Monday cancelled the visas of Australian diplomats who maintain ties with the Palestinian Authority, in an escalating spat between the allies after Canberra said it would recognise a Palestinian state. The move came in response to Australia denying a visa to Simcha Rothman, a far-right ultranationalist who serves in the Israeli parliament for a coalition party propping up Prime Minister Benjamin Netanyahu, and who had planned to visit…