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Stay informed with free updatesSimply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox.Iran’s elite Revolutionary Guards have seized an Israeli-owned container ship in the latest escalation of hostilities between the Islamic republic and Israel. The capture of the ship comes as…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Citigroup reported better than expected profits in the first quarter, in a sign that the recent revamp of the US’s fourth-largest lender may be starting to pay off.Citi reported net income of…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The European Central Bank held interest rates at all-time highs on Thursday but signalled it was considering a cut at its next meeting in June.The ECB said after its governing council met…

Surging gas prices and high shelter costs sent inflation rising higher than expected in March, complicating the timeline for rate cuts from the Federal Reserve. US consumer prices picked up again last month, marking a 3.5% increase for the 12 months ended in March, according to the latest Consumer Price Index data released…

Stay informed with free updatesSimply sign up to the US inflation myFT Digest — delivered directly to your inbox.US inflation rose to 3.5 per cent in March, surpassing expectations and marking the second increase in a row, as the Federal Reserve considers how long to keep interest rates at a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eurozone banks reported a “substantial” drop in loan demand from companies, prompting calls for the European Central Bank to signal it will cut interest rates soon when it meets this week.The ECB…

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