The US government plans to give $6.6 billion to the world’s biggest manufacturer of semiconductor chips to help it build three factories in Arizona as part of President Joe Biden’s efforts to secure the supply of advanced chips. The White House announced Monday that it had signed a non-binding agreement…

Stay informed with free updatesSimply sign up to the Geopolitics myFT Digest — delivered directly to your inbox.Fumio Kishida lacks charisma and is unpopular at home. But when the Japanese prime minister visits Washington this week, he will receive a hero’s welcome.The popularity of Kishida with the Biden administration goes…

American manufacturers have been squeezed for the past two years by lingering supply-chain disruptions and high interest rates, but the industry finally expanded in March for the first time in 16 months, according to the Institute for Supply Management. But a resurgence in the industry could complicate the Federal Reserve’s…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Britain will not offer “carte blanche” approval to Israel, which has made “big mistakes” in Gaza, but the nation is prosecuting a legitimate war and being held to higher standards than Hamas,…

It’s Thursday, 11.00 p.m., and on a street in London’s Soho district, there’s a loud clatter. Staff are closing the windows in The French House, one of the city’s most popular pubs. Lesley Lewis, its owner of 35 years, says she would like to stay open later, but her staff…

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.The US has warned of “significant consequences” if Chinese companies provide support for Moscow’s war against Ukraine in one of the sharpest messages it has yet delivered to Beijing.Following discussions in…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Stocks have been tumbling this week. Investors are hoping the upcoming earnings season…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel’s military said on Friday that its soldiers had made errors and violated its operating procedures in their strike on a humanitarian convoy this week that killed seven aid workers.Officials said the…

Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Bob Iger handed Nelson Peltz a bruising defeat on Wednesday — and he did it, in part, by shoring up perceived weaknesses within Disney that the billionaire corporate raider had sought…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of…