Financial Times

Chancellor will have to make hard choices on welfare and defence as he prepares for pivotal spending review

The technology could help tackle some of the cultural issues that contributed to the collapse of SVB

By closing part of Oxford Street to traffic, London is joining a wider trend

Central banks stuck to the script and kept rates on hold at their October meetings while laying the groundwork for further rate rises to come

By leaning into their new role as debt financiers, the old guard still have a lucrative place in the new financial order

Private capital giant says AI group is expected to receive ‘high’ junk rating in shift from previous guidance

Deal for US company would rank among largest buyouts in history

Senate arithmetic in this electoral cycle could spell disaster for the Republicans

The four-time president has pulled off one of the greatest unexpected victories in modern democratic politics

Washington political rivals form a united front to fight a measure banning the dish

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There were few hints of any radical new future in Healey’s speech, which was a depressing postponement of tough decisions

Secretary-general says Brussels will have ‘weaker influence’ if it shifts funding towards its own agencies

Liberating the country where his parents were born is the life-long ambition of secretary of state Marco Rubio

Kremlin crackdown drives Novaya Gazeta to end operations

Co-managing partner decided in August not to take over as law firm’s chair

Not quite Navier-Stokes

Industry safety restrictions on flying out to North Sea facilities to start from November

Talks ahead of next week’s US midterm elections aimed at preventing an intense new round of war

More than 500 residents from Russian-occupied Oleshky to be repatriated to Ukraine via Russia and Belarus

Ship damaged on Thursday by attackers in speedboat in first such incident since 2019

Chancellor told taxpayer-funded body to increase focus on the defence industry in return for extra £15.4bn of capital

Cash-strapped state, cut off by sanctions, has invested heavily in cyber warfare to help support itself

Third-quarter growth data shows currency bloc outperformed on the whole but figures for France come in weaker than expected

Is someone going to need a bigger boat?

US oil groups are profiting from soaring refining margins because of Donald Trump’s war in Iran

Cash burn at Google, Amazon and Meta leads Wall Street to question price of AI boom

Graduates paying off student loans today have a higher tax burden overall compared with 1993

Lender Nationwide says rising mortgage rates continued to hit demand in the third quarter

Wall Street heading for steep losses at Friday’s open after Amazon results disappoint

Central bank says that inflationary dynamics have finally taken root in the Japanese economy

Bank reports flat pre-tax profits of £2.2bn in the third quarter

Eurozone’s second-largest economy is grappling with high energy prices and a surge in borrowing costs

PAG offers $513mn for Evergrande Property Services stake as liquidators continue hunt for assets of collapsed property developer

Also in this newsletter: the cyber threat from North Korea

Warning: may contain graph(ic) content

Also in today’s newsletter: tech sell-off and $6.3bn Binance hack

Plus the ECB

The firm was brought down by a mercenary culture that has emerged in Big Law in recent years

CNN’s chief White House correspondent talks about image, communication — and what to wear for battle with Donald Trump

Tensions over houses in multiple occupation have risen sharply and are often associated with accommodating asylum seekers

Tehran has stepped up strikes on vessels in Strait of Hormuz in the past month, leading to a trail of pollution

Heavily indebted UK telecoms group scraps plans to upgrade its own infrastructure as it races to cut costs

Fears of continent being sidelined in Ukraine peace negotiations prompt disjointed outreach to Vladimir Putin

Vasiliy Peganov, who now lives in Moscow, tells court transfers from Russia were ‘practically impossible’

Chancellor accused of kicking security ‘into the long grass’ by Labour chair of defence committee

Chancellor touted an extension of relief in Budget that took 70,000 small shops, restaurants, cafés and gyms out of paying the tax

Based on the band’s buzzy live show, the hardcore rock project’s ‘You Had Me / Skin on Linen’ confronts the trauma of sexual violence

Voters want lower prices. Trump has other things on his mind, like backsides and the Nobel Peace Prize

KoBold Metals has asked the US state department for help as it waits on UN Security Council clearance to run aerial surveys