London’s Heathrow airport closed all day after nearby fire cuts powerNews Feed
Blaze at electricity substation causes ‘significant’ outage at UK’s main transit hub
Allianz breaks up with India’s BajajNews Feed
Also in this newsletter: Sunil Mittal looks to expand his holding in BT, and the FT’s exclusive interview with Nvidia’s Jensen Huang
FT Crossword: Number 18,005News Feed
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ONS change to pension valuation is ‘fundamentally flawed’, think-tank saysNews Feed
Institute for Fiscal Studies accuses official statisticians of ‘jumbled economic reasoning’, in latest setback for agency
GB Energy makes first investment with £110mn for clean energyNews Feed
Chair Juergen Maier announces inaugural step for new state-owned energy company
Israeli cabinet sacks head of Shin Bet intelligence agencyNews Feed
Move set to intensify split between Netanyahu government and legal authorities
Circle K and 7-Eleven owners line up US stores sale as part of $47bn takeover bidNews Feed
Canada’s Alimentation Couche-Tard and Japan’s Seven & i plan talks with PE firms over sale of 2,000 stores to address competition concerns
Questions over Starmer disability cutsNews Feed
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Trump invokes wartime powers to increase US minerals productionNews Feed
President signs Defense Production Act in attempt to wean the country off critical resources from China
FirstFT: European military powers discuss plans to replace US in NatoNews Feed
Also in today’s newsletter, Trump sanctions Chinese companies over Iran oil shipments, and Foxconn set to sign contract to produce EVs for Mitsubishi Motors