Putin says Russia may start nuclear weapons tests in response to Trump

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Russian President Vladimir Putin has ordered his officials to draft proposals for a possible commencement of nuclear weapons tests in response to Donald Trump’s vow to resume such activity. The US president raised fears of an American-led new global nuclear arms race when he said last week he had ordered his defence department to resume testing nuclear weapons on an “equal basis” with Russia and China. Putin told…

Putin signals Russia may start nuclear weapons tests in response to Trump

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Russian President Vladimir Putin has ordered his officials to draft proposals for a possible commencement of nuclear weapons tests in response to Donald Trump’s vow to resume such activity. The US president raised fears of an American-led new global nuclear arms race when he said last week he had ordered his defence department to resume testing nuclear weapons on an “equal basis” with Russia and China. Putin told…

Nvidia’s Jensen Huang says China ‘will win’ AI race with US

Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. Nvidia chief executive Jensen Huang has warned that China will beat the US in the artificial intelligence race, thanks to lower energy costs and looser regulations. In the starkest comments yet from the head of the world’s most valuable company, Huang told the FT: “China is going to win the AI race.” Huang’s remarks come after the Trump administration maintained a ban on California-based Nvidia selling its most advanced chips…

China’s green bond market races ahead of global peers

China’s green bond market has overtaken western rivals for the first time this year, as Beijing embraces a form of sustainable finance coming under growing pressure in the US and Europe. In 2025, China issued a record $70.3bn of bonds either certified or aligned with the Climate Bonds Initiative, an international organisation, according to Financial Times calculations based on LSEG data. This has helped China’s energy transition outpace other countries as the ESG movement — finance and investment to support the environment, sustainability and good governance — faces a backlash…

Companies rethink investment strategy as US tariffs start to bite

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Companies across the world are reshaping their US investment plans and reconfiguring their supply chains, as they deal with the impact of Donald Trump’s campaign to shake up the global trading order. Since returning to the White House this year, the US president has announced an array of new tariffs on almost all global trading partners, ratcheting up tensions between Washington and foreign capitals. The moves have pushed…

Starbucks ducks for cover amid China’s coffee wars

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s coffee war has become the hottest showdown in global retail. What started out as an unlikely contest between Starbucks and a handful of local start-ups has now turned into a bitter feud. Facing homegrown rivals and eroding brand power, Starbucks has agreed to sell a majority stake in its China business to Boyu Capital, creating a $4bn joint venture. That marks a shift from dominance to survival. Local rivals…

China offers tech giants cheap power to boost domestic AI chips

Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. China has increased subsidies that cut energy bills by up to half for some of the country’s largest data centres, as Beijing steps up efforts to boost its domestic chips industry and compete with the US. Local governments have beefed up incentives to help Chinese tech giants such as ByteDance, Alibaba and Tencent, which have been hit with higher electricity costs following Beijing’s ban on purchasing Nvidia’s artificial intelligence chips,…