Amitabh Chaudhry: Foreign banks won’t find it easy in India
Axis Bank chief on the Indian economy and the road ahead for the banking sector
UK, US and global politics: what students should know
Read FT articles picked by our teacher advisers
School politics class: Thanks Donald, Europe will take it from here
Regionalism and the EU
Trump sues the IRS and Treasury for at least $10bn
Lawsuit stems from the disclosure of the US president’s tax documents during his first term
US threatens to ‘decertify’ Canadian aircraft as rift with Ottawa deepens
Trump threatens tariff on Canada-made aircraft sold into US unless Gulfstream jets receive certification
Apple’s blockbuster iPhone sales power record $144bn quarter
Strong holiday season and boost from China drive 23% increase in smartphone revenue
Trump says he will name next Fed chair on Friday morning
Former US central bank governor Kevin Warsh emerges as frontrunner
US shutdown avoided despite stand-off over immigration enforcement
Democrats and Republicans have two more weeks to agree measures to end heavy-handed tactics by federal agents
Letter: Why investors might demand a higher equity risk premium
From Sandra Peters, Senior Head of Global Financial Reporting Advocacy at CFA Institute; Member of the FRC’s Stakeholder Insights Group; Former Member of US Securities and Exchange Commission’s Investor Advisory Committee, New York, NY, US
Letter: There’s a lot of hype around small modular reactors
From Steve Thomas, Emeritus Professor of Energy Policy, University of Greenwich, London SE10, UK
Letter: A portfolio manager’s portfolio manager
From Rajiv Dadlani, San Francisco, CA, US
Letter: January is the start of a wave of riotous nature
From David Ross, Petworth, West Sussex, UK
Letter: EU and Russia — how the cyber battle lines are drawn
From Aybars Tuncdogan, Reader (Associate Professor) in Digital Innovation & Information Security, King’s College, London WC2, UK
Letter: The scenario that economic warfare experts fear most
From Eric Golson, Associate Professor of Economics, University of Surrey, Guildford, Surrey, UK
Letter: China on Ukraine: ‘We’re impartial and objective’
From Bi Haibo, Spokesperson, Chinese Embassy in the UK, London W1, UK
Correction: Lord Jason Stockwood
Lord Jason Stockwood worked as a dock labourer in Grimsby when he was 18, not 15 as wrongly stated in an article on January 29
First lady’s Amazon documentary met with poor attendance
HSBC targets Hong Kong IPOs after missing out on listings boom
Lender ‘maniacally focused’ on rebuilding its investment bank in one of its home markets
FT Crossword: Number 18,281
Cuba has ‘15 to 20 days’ of oil left as Donald Trump turns the screws
Crude exports to Havana are drying up, according to Kpler, amid US blockade of Venezuela and pressure on Mexico
Weight-loss drugs linked to risk of pancreatitis, UK regulator warns
Medicines watchdog urges vigilance over rare but serious side effect of GLP-1 medicines
US moves to open Venezuela’s vast crude reserves to Big Oil
Treasury issues ‘general licence’ that will allow American groups to purchase and resell the South American country’s oil
First Brands at breaking point as it scrambles to avoid liquidation
The company is relying on a $48mn infusion from automakers to continue operating
FirstFT: China iPhone sales power Apple’s ‘remarkable’ $144bn quarter
Also in today’s newsletter: Microsoft sheds $360bn in market value, and Sony and Singapore’s GIC to partner up in music venture