SoftBank reports surprise $3.5bn profit as telco valuations improveNews Feed
Analysts had predicted a small quarterly loss at Japanese tech investment group
Berlin bans separatist group ‘Kingdom of Germany’News Feed
German interior minister orders raids amid debate over whether to outlaw far-right party Alternative for Germany
Honda warns of $3bn hit from Trump tariffsNews Feed
Japanese group is latest carmaker to outline consequences of trade war
UK wage growth eases as jobs market weakensNews Feed
Figures are likely to reinforce Bank of England’s cautious approach to rate cuts
Australia’s Liberals elect first female leaderNews Feed
Sussan Ley urged to ‘spill blood’ to revive opposition following crushing defeat
Helsing outlines plan for unmanned mini submarines for naval surveillanceNews Feed
European start-up aims to capitalise on western countries’ interest in underwater reconnaissance capabilities
Why the EU is racing to expand its Russia sanctions in a push for peaceNews Feed
Also in this newsletter: can the EU build a ‘digital Airbus’?
Transcript: Future weapons — Tomorrow’s technologyNews Feed
John Thornhill talks to Sylvia Pfeifer, Ryan McMorrow and Demetri Sevastopulo
De-escalation and the damage doneNews Feed
Lower China tariffs are great news, up to a point
FTAV’s further readingNews Feed
European optimism; credit trading; DOGE; FDI; Ricardo; tariffs; bad science; old CGI; and The Barbican