Financial Times

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• Marine Le Pen banned from standing for office for five years

  Far-right leader also sentenced to jail in ruling that jeopardises her ambitions to run for French presidency in 2027

• The people vs Musk: billionaire transforms Wisconsin court contest

  State election has become most expensive judicial race in US history as Tesla boss spends unprecedented amount

• Lessons from Russia, Turkey and India for Trump’s America

  Fighting for democracy can be a lonely and dangerous business

• Is UBS’s ‘deal of the century’ starting to sour?

  The bank’s integration of Credit Suisse is going well. It’s everything else that’s the problem

• Global stock markets tumble as Trump’s tariffs loom

  Equities hit by concerns over impact on exports, while gold reaches fresh high