Category: FT

Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. CATL has unveiled upgraded battery cells it claims can offer even faster charging for electric vehicles than its rival BYD, putting the two Chinese groups ahead in an industry-wide race to solve a major bottleneck for the shift away from petrol vehicles. The world’s biggest electric vehicle battery maker said on Monday that a new version of its flagship Shenxing battery cell can offer a 520km range from just five…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Beijing has warned it will retaliate against countries that negotiate trade deals with the US “at the expense of China’s interests”, fuelling global tensions as the world’s two economic superpowers face off over tariffs. The statement by the commerce ministry, which was responding to reports that US President Donald Trump’s administration planned to use trade talks with multiple countries to try to isolate China, called on them to…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US and Philippine forces are to conduct their first “full battle test” for fighting together in flashpoints such as Taiwan or the South China Sea, in a reflection of Washington’s rapidly deepening military engagement with its oldest Asian ally. This year’s Balikatan exercises, the two countries’ main bilateral annual drill starting on Monday, will combine elements practised over the past two years — such as targeting enemy ships…

Growing up in New Delhi, 38-year-old health worker Nausheen Zaidi said her parents invested in fixed deposits, life insurance and land. But after her husband introduced her to the stock market in 2012, Zaidi started small there, putting money into mutual funds, later investing Rs30,000 ($350) during the pandemic and “tasted blood”, she recalls. Her investments have quadrupled in value since, Zaidi says, and she carries on dividing her monthly savings between mutual funds and equities. Zaidi is one of millions of Indians who continue to pump money into local…

Stay informed with free updates Simply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox. The generic drug industry has warned that US tariffs on pharmaceuticals risk causing shortages of medicines including cancer treatments, and that manufacturers might stop making products that become unprofitable as a result. Generic medicines, which are cheaper versions of drugs that no longer have patent protection, make up about 90 per cent of US drug supply. The majority are manufactured outside the US, in lower-cost countries such as India. The…