Artemis II returns from its fly-by of the moon
‘Those four astronauts travelled further from Earth than anyone in history — then they came back’
Anthropic rolls out cyber AI model days after source code leak
Claude Mythos opened to Amazon, Microsoft and Apple to detect hidden software vulnerabilities
Letter: The US has put the climate messenger in front of a firing squad
From Euan Nisbet, Cambridge, UK
Letter: Countries that abandoned Kabul may soon regret it
From Riccardo Capanna, Rome, Italy
Letter: Nasa’s cosmopolitanism still has strict limits
From Smith Rothchild. Seattle, WA, US
Letter: Does today’s democracy pass the Orwell smell test?
From Mihir Bose, London W6, UK
Letter: A thought experiment
From Mark Kessel, New York, NY, US
Letter: The death knell for journalism as we know it
From Stephanie Himoff, Executive Vice-President, Global Publishers, Teads, London WC1, UK
Bill Ackman’s Pershing offers to buy Universal Music in €55bn deal
Proposed transaction would combine world’s largest music group with a blank-cheque company
Letter: Private capital won’t be trigger for the next crisis
From Phil Bartram, Will Normand, Michael Raymond, Travers Smith, London EC4, UK
Correction: Harriet Rees
Harriet Rees is co-chair of the Cross Market Operational Resilience Group AI Taskforce, not the Bank of England’s AI taskforce
China’s new trade front with the world — services
The country is rapidly moving up the global ranks as an exporter of knowledge-intensive products
Musk struggles to crack the Indian market
More diplomacy by entrepreneur might be needed amid regulatory challenges and domestic competition to his businesses
FT Crossword: Number 18,340
Trump and Iran announce two-week ceasefire that will open Strait of Hormuz
Oil prices slide as Tehran says it will allow ‘safe passage’ through vital waterway
Transcript: Guns and butter and credit
Robert Armstrong speaks to Hakyung Kim
Trump allies play down Iran ‘genocide’ threats as critics warn of war crimes
US president’s latest escalation came ahead of deadline for Tehran to strike deal with Washington
FirstFT: Vietnam swears in Communist Party chief as president
Also in today’s newsletter: Trump’s Iran deadline looms and Taiwan’s opposition leader visits China
Guns and butter and credit
What the 1960s can teach us about our economy
One in eight British residents has left UAE since Iran war, data shows
Departures from Gulf state raise concerns among school operators banking on growth in student numbers
Italian government poised to replace Leonardo’s CEO who oversaw order surge
Move comes as Roberto Cingolani’s three-year term at defence group expires next month
Unions prepare for UK public sector pay push as inflation bites
With the Iran war set to fuel price growth, worker representatives consider ways to secure higher wages
Bill Ackman strikes a chord with Universal bid
But financier needs the backing of Vincent Bolloré and his Vivendi media group
UK signals it will not let US use British bases to attack Iran’s civilian infrastructure
Downing Street reiterates that Iran conflict ‘isn’t our war’