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President Xi in Paris, Met Gala in New York and a rate decision in London

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President Xi in Paris, Met Gala in New York and a rate decision in London

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Hello and welcome to the working week.

Get out your glad rags because it’s time for the rich and powerful to show off in front of the cameras. Yes, New York is hosting the annual Met Gala and the theme is Sleeping Beauties: Reawakening Fashion. Will Elon Musk turn up again looking like an awkward teenager in his white tie and tails? For more details, read the excellent Fashion Matters newsletter. FT subscribers can sign up here.

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China’s President Xi Jinping may well be hoping that a bit of French fashion chic will rub off on him as he arrives in Paris for the first of several European state visits this week. Monday will be the key meeting with both French President Emmanuel Macron and European Commission head Ursula von der Leyen. Xi will then travel to Serbia and Hungary.

This week’s newsworthy rate setters are the Bank of England and, to a lesser extent, the Reserve Bank of Australia. Neither is expected to move rates, but watch out for signals that cuts are coming soon. UK watchers will be looking out for the first stab at first-quarter GDP numbers on Friday, expected to confirm the general perception of an economy at best only able to produce sluggish growth. Elsewhere, China looks to trade and Germany to factory orders.

It’s a delayed start to the week for the financial markets in London, Tokyo and Seoul due to the May Day and Children’s Day public holidays, but still a fairly busy week for corporate news. Media is a strong theme for this week’s results, with Disney, Fox, Warner Bros Discovery and (big for the UK) ITV all reporting. Also, on Tuesday, BP reports first-quarter numbers, with analysts expecting strong growth in gas trading but weaker fuel margins. Will there be any more changes to the senior management team in the wake of the Bernard Looney scandal?

One more thing . . . 

This is a bumper week for British anniversaries. Monday not only marks a year since King Charles III was crowned at Westminster Abbey (and he now has a pretty scroll to prove it), but is the 30th anniversary of the Channel Tunnel’s formal opening and the 70th of Roger Bannister breaking the four-minute mile.

Before the week is out, it will also be another significant anniversary (at least to me): my birth. This will be celebrated by my finally getting to see Nye at London’s National Theatre (as endorsed by my employer) with supper at the (equally eagerly anticipated) theatre restaurant Lasdun. If you don’t believe me on that last point, read this persuasive review from the world’s most eloquent food critic (IMHO) Tim Hayward.

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How do you intend to spend the week ahead, and what are your priorities? Email me at jonathan.moules@ft.com or, if you are reading this from your inbox, hit reply.

Key economic and company reports

Here is a more complete list of what to expect in terms of company reports and economic data this week.

Monday

  • China, EU, France, Germany, India: Caixin/HCOB/HSBC April services purchasing managers’ survey (PMI) data

  • Japan/South Korea: Children’s Day. Financial markets closed

  • UK/Ireland: May Day bank holiday. Financial markets closed

  • Results: BioNTech Q1, Tyson Foods Q2, Westpac HY

Tuesday

  • Apple hosts a product launch event called Let Loose with the usual secrecy around the device being unveiled, though many expect a new iPad tablet

  • Australia: Reserve Bank of Australia monetary policy decision

  • Germany: March industrial orders and foreign trade figures

  • Japan: April services PMI data

  • UK: BRC-KPMG Retail Sales Monitor and Halifax House Price index

  • Results: Adecco Q1, ANZ HY, Bouygues Q1, BP Q1, Deutsche Post Q1, Electronic Arts Q4, Geberit Q1, Heidelberg Materials Q1, IAC Q1, Infineon Technologies Q2, IWG Q1, Kenvue Q1, Lyft Q1, Nintendo FY, Reddit Q1, Ricoh FY, Saudi Aramco Q1, UBS Q1, UniCredit Q1, Walt Disney Co Q2

Wednesday

  • US Federal Reserve’s Exploring Careers in Economics event in Washington. Speakers include Fed board vice-chair Philip Jefferson

  • Brazil: Banco Central do Brasil Monetary Policy Committee (Copom) rate-setting decision announced

  • Germany: March industrial production

  • Results: Ahold Delhaize Q1, Airbnb Q1, Alliance Pharma FY, Alstom FY, Anheuser-Busch InBev Q1, Bertelsmann Q1, Boohoo FY, BMW Q1, Continental Q1, Fox Corp Q3, Henkel Q1, Itochu FY, Match Q1, OSB Q1 trading update, Puma Q1, Renishaw trading update, Skanska Q1, Toyota FY, Tripadvisor Q1, Uber Q1, Wetherspoon trading update

Thursday

  • China: April trade balance figures

  • Russia: Victory Day. Financial markets closed

  • UK: Bank of England’s Monetary Policy Committee rate-setting decision. Later, the bank will host a virtual Q&A with its chief economist Huw Pill on its latest Monetary Policy Report. Register here. Also, Rics Residential Market Survey and REC-KPMG Jobs Report

  • Results: 3i FY, Asahi Kasei FY, Balfour Beatty AGM trading update, Enel Q1, Ferrovial Q1, ITV Q1 trading update, Nikon FY, Nippon Steel FY, Nissan FY, Panasonic FY, Telefónica Q1, Warner Bros Discovery Q1, Wood Q1 trading update and AGM

Friday

  • Indonesia: Ascension of Jesus Christ holiday. Financial markets closed

  • Eurozone: European Central Bank publishes its last monetary policy meeting minutes

  • Japan: March trade balance figures

  • UK: preliminary Q1 GDP estimate

  • US: University of Michigan May consumer sentiment survey

  • Results: CRH Q1, Honda FY, KDDI FY, IAG Q1, Iveco Q1, Mazda FY, NTT FY, Tata Motors FY

World events

Finally, here is a rundown of other events and milestones this week.

Monday

  • Chad: presidential election first round, with a run-off vote on June 22 if required, the result of constitutional changes approved in a referendum last year

  • France: Chinese President Xi Jinping travels to Paris where he will meet French President Emmanuel Macron and European Commission head Ursula von der Leyen for a state visit

  • Israel: Holocaust Martyrs’ and Heroes’ Remembrance Day aka Yom HaShoah.

  • Panama: winner in the presidential election expected to be announced, after one of the most unusual campaigns since democracy was restored after a US invasion in 1989

  • UK: deadline for candidates to register in the Scottish National party’s leadership contest following the chaotic departure of Humza Yousaf

  • US: 108th annual Pulitzer Prize winners and nominated finalists announced online for prizes in journalism, drama, letters and music. Separately, the Costume Institute Benefit, aka the Met Gala, is held in New York. Here are what attendees wore last year to the fashion industry’s big night out

Tuesday

Wednesday

  • North Macedonia: parliamentary elections and presidential election run-off

  • UK: Prince Harry attends the Invictus Games 10th anniversary service at St Paul’s Cathedral in London

Thursday

  • EU: Europe Day, marking the 1960 declaration issued by Robert Schuman proposing a European continent united in solidarity

  • Russia: military parade in Red Square, Moscow, to mark the second world war victory day

  • UK: City of London Corporation’s Easter Banquet for the Diplomatic Corps, with a speech by foreign secretary Lord David Cameron

Friday

  • Iran: parliamentary election run-off

  • UK: Christopher Berry and Christopher Cash appear in court in London accused of spying for China

Saturday

  • Sweden: Eurovision Song Contest, hosted by last year’s winning nation

  • US: Republican presidential candidate Donald Trump stages a campaign rally in Wildwood, New Jersey

Sunday

  • Lithuania: presidential election

  • Spain: Catalonia regional parliamentary elections

  • UK: Bafta TV Awards held at London’s Royal Festival Hall

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Explosion at a Pennsylvania nursing home kills at least 2, governor says

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Explosion at a Pennsylvania nursing home kills at least 2, governor says

First responders work at the scene of an explosion and fire at Bristol Health & Rehab Center on Tuesday in Bristol, Pa.

Monica Herndon/The Philadelphia Inquirer/AP


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Monica Herndon/The Philadelphia Inquirer/AP

BRISTOL, Pa. — A thunderous explosion Tuesday at a nursing home just outside Philadelphia killed at least two people, collapsed part of the building, sent fire shooting out and left people trapped inside, authorities said.

Pennsylvania Gov. Josh Shapiro said in a news conference several hours after the explosion that at least two had been killed after emergency responders braved the flames and a heavy odor of gas to evacuate residents and employees.

Fire officials said they were in “rescue mode” five hours later, with responders still digging by hand and using search dogs and sonar to locate potential victims.

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The explosion happened at Bristol Health & Rehab Center in Bristol Township, just as a utility crew had been on site looking for a gas leak.

A plume of black smoke rose from the nursing home, as emergency responders, fire trucks and ambulances from across the region rushed there, joined by earthmoving equipment.

Authorities did not identify those who died and did not know the total number of those injured after residents and employees were evacuated to hospitals.

Shapiro asked his fellow Pennsylvanians to take a moment to pray “for this community, for those who are still missing, for those who are injured, and for those families who are about to celebrate Christmas with an empty chair at their table.”

The town’s fire chief, Kevin Dippolito, said at the Tuesday evening news conference that there were five people still unaccounted for, but he cautioned that some may have left the scene with family members.

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Dippolito described a chaotic rescue where firefighters found people stuck in stairwells and elevator shafts, and pulled residents out of the fiery building through windows and doors.

Emergency personnel work at the scene of an explosion and fire at Bristol Health & Rehab Center on Tuesday in Bristol, Pa.

Emergency personnel work at the scene of an explosion and fire at Bristol Health & Rehab Center on Tuesday in Bristol, Pa.

Monica Herndon/The Philadelphia Inquirer/AP


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Monica Herndon/The Philadelphia Inquirer/AP

They handed off patients to waiting police officers outside, including one “who literally threw two people over his shoulders,” Dippolito said. “It was nothing short of extraordinary.”

Bucks County emergency management officials said they received the report of an explosion at approximately 2:17 p.m. and said a portion of the building was reported to have collapsed.

Willie Tye, who lives about a block away, said he was sitting at home watching a basketball game on TV when he heard a “loud kaboom.”

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“I thought an airplane or something came and fell on my house,” Tye said.

He got up to go look and saw “fire everywhere” and people escaping the building. The explosion looked like it happened in the kitchen area of the nursing home, he said. Tye said some of the people who live or work there didn’t make it out.

“Just got to keep praying for them,” Tye said.

Shapiro said a finding that the gas leak caused the explosion was preliminary.

The local gas utility, PECO, said its crews had responded to reports of a gas odor at the nursing home shortly after 2 p.m.

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“While crews were on site, an explosion occurred at the facility. PECO crews shut off natural gas and electric service to the facility to ensure the safety of first responders and local residents,” the utility said in a statement.

Nils Hagen-Frederiksen, press secretary at the Pennsylvania Public Utility Commission, said investigators from the safety division were headed to the scene. Finding that the explosion was caused by a gas leak won’t be confirmed until his agency can examine the scene up close, he said.

Musuline Watson, who said she was a certified nursing assistant the facility, told WPVI-TV/ABC 6 that, over the weekend, she and others there smelled gas, but “there was no heat in the room, so we didn’t take it to be anything.”

The 174-bed nursing home is about 20 miles (32 kilometers) northeast of Philadelphia. Its owner, Saber Healthcare Group, said it was working with local emergency authorities. The facility had been known until recently as Silver Lake Healthcare Center.

The latest state inspection report for the facility was in October and the Pennsylvania Department of Health found that it was not in compliance with several state regulations.

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The inspection report said the facility failed to provide an accurate set of floor plans and to properly maintain several stairways, including storing multiple paint buckets and a bed frame under landings.

It also said the facility failed to maintain portable fire extinguishers on one of the three levels and failed to provide the required “smoke barrier partitions,” which are designed to contain smoke on two floors. It also said it didn’t properly store oxygen cylinders on two of three floors.

According to Medicare.gov, the facility underwent a standard fire safety inspection in September 2024, during which no citations were issued. But Medicare’s overall rating of the facility is listed as “much below average,” with poor ratings for health inspections in particular.

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BBC Verify: Satellite image shows tanker seized by US near Venezuela is now off Texas

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BBC Verify: Satellite image shows tanker seized by US near Venezuela is now off Texas

Trump was listed as a passenger on eight flights on Epstein’s private jet, according to emailpublished at 11:58 GMT

Anthony Reuben
BBC Verify senior journalist

One of the Epstein documents, external is an email saying that “Donald Trump traveled on Epstein’s private jet many more times than previously has been reported (or that we were aware)”.

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The email was sent on 7 January 2020 and is part of an email chain which includes the subject heading ‘RE: Epstein flight records’.

The sender and recipient are redacted but at the bottom of the email is a signature for an assistant US attorney in the Southern District of New York – with the name redacted.

The email states: “He is listed as a passenger on at least eight flights between 1993 and 1996, including at least four flights on which Maxwell was also present. He is listed as having traveled with, among others and at various times, Marla Maples, his daughter Tiffany, and his son Eric”.

“On one flight in 1993, he and Epstein are the only two listed passengers; on another, the only three passengers are Epstein, Trump, and then-20-year-old” – with the person’s name redacted.

It goes on: “On two other flights, two of the passengers, respectively, were women who would be possible witnesses in a Maxwell case”.

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In 2022, Ghislaine Maxwell was sentenced to 20 years in prison, external for crimes including conspiracy to entice minors to travel to engage in illegal sex acts and sex trafficking of a minor.

Trump was a friend of Epstein’s for years, but the president has said they fell out in about 2004, years before Epstein was first arrested. Trump has consistently denied any wrongdoing in relation to Epstein and his presence on the flights does not indicate wrongdoing.

We have contacted the White House for a response to this particular file.

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‘Music makes everything better’: A Texas doctor spins vinyl to give patients relief

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‘Music makes everything better’: A Texas doctor spins vinyl to give patients relief

Dr. Tyler Jorgensen sets “A Charlie Brown Christmas” on a record player at Dell Seton Medical Center in Austin Texas. He uses vinyl records as a form of music therapy for palliative care patients.

Lorianne Willett/KUT News


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Lorianne Willett/KUT News

AUSTIN, TEXAS — Lying in her bed at Dell Seton Medical Center at the University of Texas at Austin, 64-year-old Pamela Mansfield sways her feet to the rhythm of George Jones’ “She Thinks I Still Care.” Mansfield is still recovering much of her mobility after a recent neck surgery, but she finds a way to move to the music floating from a record player that was wheeled into her room.

“Seems to be the worst part is the stiffness in my ankles and the no feeling in the hands,” she says. “But music makes everything better.”

The record player is courtesy of the ATX-VINyL program, a project dreamed up by Dr. Tyler Jorgensen to bring music to the bedside of patients dealing with difficult diagnoses and treatments. He collaborates with a team of volunteers who wheel the player on a cart to patients’ rooms, along with a selection of records in their favorite genres.

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“I think of this record player as a time machine,” he said. “You know, something starts spinning — an old, familiar song on a record player — and now you’re back at home, you’re out of the hospital, you’re with your family, you’re with your loved ones.”

UT Public Health Sophomore Daniela Vargas pushes a cart through Dell Seton Medical Center on December 9, 2025. The ATX VINyL program is designed to bring volunteers in to play music for patients in the hospital, and Vargas participates as the head volunteer. Lorianne Willett/KUT News

Daniela Vargas, a volunteer for the ATX-VINyL program, wheels a record player to the hospital room of a palliative care patient in Austin, Texas.

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The healing power of Country music… and Thin Lizzy

Mansfield wanted to hear country music: Willie Nelson, Merle Haggard, George Jones. That genre reminds her of listening to records with her parents, who helped form her taste in music. Almost as soon as the first record spins, she starts cracking jokes.

“I have great taste in music. Men, on the other hand … ehhh. I think my picker’s broken,” she says.

Other patients ask for jazz, R&B or holiday records.

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The man who gave Jorgensen the idea for ATX-VINyL loved classic rock. That was around three years ago, when Jorgensen, a long-time emergency medicine physician, began a fellowship in palliative care — a specialty aimed at improving quality of life for people with serious conditions, including terminal illnesses.

Shortly after he began the fellowship, he says he struggled to connect with a particular patient.

“I couldn’t draw this man out, and I felt like he was really struggling and suffering,” Jorgensen said.

He had the idea to try playing the patient some music.

He went with “The Boys Are Back in Town,” by the 1970s Irish rock group Thin Lizzy, and saw an immediate change in the patient.

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“He was telling me old stories about his life. He was getting more honest and vulnerable about the health challenges he was facing,” Jorgensen said. “And it just struck me that all this time I’ve been practicing medicine, there’s such a powerful tool that is almost universal to the human experience, which is music, and I’ve never tapped into it.”

Dr. Tyler Jorgensen, a palliative care doctor at Dell Seton Medical Center, holds a Willie Nelson album in an office on December 9, 2025. Ferguson said patients have been increasingly requesting country music and they had to source that genre specifically.

Dr. Tyler Jorgensen plays vinyl records as a form of music therapy for palliative care patients in Austin, Texas. Willie Nelson’s albums are a perennial hit.

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Creating new memories

Jorgensen realized records could lift the spirits of patients dealing with heavy circumstances in hospital spaces that are often aesthetically bare. And he thought vinyl would offer a more personal touch than streaming a digital track through a smartphone or speaker.

“There’s just something inherently warm about the friction of a record — the pops, the scratches,” he said. “It sort of resonates through the wooden record player, and it just feels different.”

Since then, he has built up a collection of 60 records and counting at the hospital. The most-requested album, by a landslide, is Fleetwood Mac’s Rumours from 1977. Willie is also popular, along with Etta James and John Denver. And around the holidays, the Vince Guaraldi Trio’s A Charlie Brown Christmas gets a lot of spins.

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These days, it’s often a volunteer who rolls the record player from room to room after consulting nursing staff about patients and family members who are struggling and could use a visit.

Daniela Vargas, the UT Austin pre-med undergraduate who heads up the volunteer cohort, became passionate about music therapy years ago when she and her sister began playing violin for isolated patients during the COVID-19 pandemic. She said she sees similar benefits when she curates a collection of records for a patient today.

“We are usually not in the room for the entire time, so it’s a more intimate experience for the patient or family, but being able to interact with the patient in the beginning and at the end can be really transformative,” Vargas said.

Often, the palliative care patients visited by ATX-VINyL are near the end of life.

Jorgensen feels that the record player provides an interruption of the heaviness those patients and their families are experiencing. Suddenly, it’s possible to create a new, positive shared experience at a profoundly difficult time.

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“Now you’re sort of looking at it together and thinking, ‘What are we going to do with this thing? Let’s play something for Mom, let’s play something for Dad.’” he said. “And you are creating a new, positive, shared experience in the setting of something that can otherwise be very sad, very heavy.”

Other patients, like Pamela Mansfield, are working painstakingly toward recovery.

She has had six neck surgeries since April, when she had a serious fall. But on the day she listened to the George Jones album, she had a small victory to celebrate: She stood up for three minutes, a record since her most recent surgery.

With the record spinning, she couldn’t help but think about the victories she’s still pursuing.

“It’s motivating,” she said. “Me and my broom could dance really well to some of this stuff.”

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