Fifa abandons controversial $20bn stake-sale plan after global backlash
Gianni Infantino says it was ‘clear’ project created divisions not in interest of organisation’s initial objective
Letter: A demographer’s personal take on China’s one-child policy
From Xueqing (Zoey) Wang, PhD in Demography and Social Policy from Princeton University, Ann Arbor, MI, US
Letter: Hockney’s theory for why Proust loved long sentences
From Jonathon Brown, Duranus, Alpes Maritimes, France
Letter: Cockroach volte-face
From Rakesh K Chitkara, Dubai, UAE
Letter: The Victorian devolution playbook is hard to recreate
From Roger Dunshea, Whitchurch, Shropshire, UK
Letter: Linking Claudius’ stammer to the Anthropic chatbot
From Padraig Rooney, Cerbère, Pyrénées-Orientales, France
Letter: The exquisite gardens that Nolan left out of his film
From David Otis Fuller, Bronxville, NY, US
Letter: An entrenching of Britons’ attitudes to their politicians
From Mark Easton, Senior Fellow, National Centre for Social Research, London EC1, UK
Letter: Tall task facing Tate’s new director
From John Nickson, Director, Tate Foundation 2005-2011, London W9, UK
Letter: Supermac and the perils of autocorrect
From Susan Stevenson, London SW13, UK
Letter: Is PM behind productivity push at the FT crossword?
From Nick Handley, Haywards Heath, West Sussex, UK
Trump doubles down on threat to hit Iran ‘very hard’
US president’s remarks raise possibility Washington will launch new strikes
Bond sell-off sent warning on Fed’s credibility, says top central bank official
Alberto Musalem says he supported dissenters’ calls for a quarter-point interest rate rise
US Treasury undertakes historic intervention in yen market
New York Fed sells euros to buy yen following recent speculation that Tokyo intervened to support Japan’s currency
FT Crossword: Polymath number 1,398
FT Crossword: Number 18,441
Labour holds Greater Manchester mayoralty vacated by Andy Burnham
Council leader Bev Craig beats the Reform UK candidate in a second-round run-off
Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout
Investors say the hedge fund deal reassured jittery traders in tech stocks
Amazon completes $50bn investment in OpenAI
Ecommerce giant has roughly 5% stake in AI lab after equity deal
KKR nears over $4bn deal to buy medical device maker Integer Holdings
Healthcare company has been targeted by activist hedge fund established by an Elliott Management alumnus
Google Earth AI tool pulled after spate of fake satellite images
Security experts say generative tools risk eroding trust in satellite images used to verify conflict damage and incidents
How 60,000 people swam to Spanish territory
Migrants spent days preparing to reach the Spanish enclave of Ceuta from neighbouring Morocco
Healey looks for fiscal buffer in October’s UK Budget
Chancellor to stick to Labour’s fiscal rules while moving ‘power and money out of Westminster’
Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July
Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’