1.8 Tonne Drugs Worth $230 Million Found Inside Van In Philippines

More than 600 people have been killed in drug-related killings since June, 2022 (Representational) Manila: The Philippines has seized 1.8 tonnes of crystal methamphetamine, President Ferdinand Marcos said Tuesday, describing the bust as a record and the “right approach” to the drug war. Police found the illegal drugs, estimated to …

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Honda to launch next-generation EVs in China by 2027

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political …

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International Paper agrees to buy rival DS Smith in £7.8bn deal

John Wood Group, the FTSE 250 engineering services company, should either move its listing to the US or consider going private, said activist investor Sparta Capital Management. The call comes a year after the collapse of a £1.7bn takeover approach from US private equity firm Apollo. Wood’s shares are trading …

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China’s economy expands 5.3% in first quarter

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s gross domestic product increased 5.3 per cent in the first quarter against a year earlier, beating expectations as Beijing tries to steer a manufacturing-led revival of the world’s second-largest …

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2025 BYD Shark: Plug-in hybrid ute spied undisguised

The 2025 BYD Shark plug-in hybrid ute has broken cover earlier than expected, with an undisguised version of the upcoming model being filmed in Mexico. AutoDinámico uploaded a video of the BYD Shark, as it could be called, being loaded onto a tilt-tray tow truck in Mexico without any camouflage. …

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‘Change agent’ Caitlin Clark prompts advertiser free-for-all: ‘She’s jump-started a new era of basketball, and she’s propelling women’s sports forward’

Caitlin Clark’s college basketball career has come to a close, but her professional career is just getting started—and fans and brands alike are buying in. Throughout her final college season, fans lined up to watch Clark lead the University of Iowa Hawkeyes to the women’s NCAA Tournament championship game for …

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Why economic forecasting is performance art for central bankers

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, an FT contributing editor, is chief executive of the Royal Society of Arts and former chief economist at the Bank of England In the early years of inflation targeting …

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Inside CVC’s tortuous decision to go public

As Iran launched an attack on Israel on Saturday, executives at one of Europe’s largest private equity groups felt a sense of déjà vu. Russia’s invasion of Ukraine and the Israel-Hamas war had prompted CVC Capital Partners to call off its previous two attempts to list on Amsterdam’s stock exchange, …

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