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PM Modi in Moscow, Prez Putin hosts him for private dinner ahead of talks | External Affairs Defence Security News

Russian President Vladimir Putin on Monday night hosted a private dinner for Prime Minister Narendra Modi hours after he arrived in Moscow on a two-day high-profile visit in his first trip to Russia since its invasion of Ukraine over two years back. The focus of the prime minister\’s visit is on an economic agenda including […]

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BYD agrees $1bn deal to build electric vehicle plant in Turkey

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BYD has agreed a $1bn deal to build an electric vehicle plant in Turkey, as China’s largest carmaker looks to increase its European production and continue its overseas expansion. The plant will be capable of

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Sequoia Capital’s former China unit raises new $2.5bn start-up fund

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sequoia Capital’s former China unit has raised an Rmb18bn ($2.5bn) fund, defying a fundraising freeze that has hit rivals and building its war chest to invest in technology start-ups in the country. HongShan, the Beijing-based

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Russian missile hits children’s cancer hospital in Kyiv

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. At least 33 people were killed and more than 140 injured after Russian missiles on Monday struck cities across Ukraine including Kyiv, where the country’s main children’s cancer hospital was hit. Kyiv mayor Vitali

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Rachel Reeves warns UK public finances in worst state since second world war

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves has warned that Britain’s new Labour government has inherited “the worst set of circumstances since the second world war”, as she instructed the Treasury to examine previous spending under the Conservatives. In her

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Terry Smith defends move to shun US technology stock Nvidia

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investment manager Terry Smith has defended his decision to shun US technology giant Nvidia after his fund paid the price for scepticism that the chipmaker could continue growing at a rapid pace. Returns of Smith’s

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German defence minister deplores meagre military spending

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. German defence minister Boris Pistorius has criticised his government for approving less than a fifth of the budget increase he said was needed by Germany’s military, in stark remarks on the eve of a Nato

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Marine Le Pen teams up with Italian far right in Viktor Orbán’s new EU group

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Marine Le Pen’s far-right party is teaming up with Italy’s League in the new “Patriots for Europe” group founded by Hungary’s Viktor Orbán, which is set to be the third-largest faction in the European parliament.

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