World News Feed
Latest news from trusted sources around the world
FirstFT: Meta rekindles AI spending fears
Also in today’s newsletter: China steps up ‘grey zone’ tactics against Taiwan and India mounts costly defence of rupee
Airfares will not return to pre-Iran war levels, American Airlines warns
Some industry chiefs say travellers should expect a further rise in ticket prices next year
Nasdaq tumbles while Treasuries soar as Meta rekindles AI spending fears
Social media group’s market value sinks by $124bn after it says it will raise ‘hundreds of billions of dollars’ in coming years
UK waters down ‘fit and proper’ rules set up to hold bankers …
Existing regulatory regime was instrumental in actions against former Barclays boss Jes Staley and hedge fund owner Crispin Odey
Blackstone cuts property valuations as higher rates hit returns
Group’s president Jonathan Gray says rising market volatility stalled a quick payout of cash to investors through IPOs
Trump ordered to face BBC questioning in $10bn defamation lawsuit
President must appear by December 11 after attending campaign rally on date previously set for his deposition
Macron warns some protests will be banned
French president says labour unions can hold marches on Saturday but not other activists in effort to prevent more rioting
Ecuador opposition leader arrested in money laundering investigation
Detention comes as president has been criticised for expanding campaign against drug traffickers to include rivals
Germany’s Merz warns of ‘intense’ Russian espionage after arrest
German authorities detain Ukrainian national suspected of passing on intelligence about military sites and arms manufacturers to the Kremlin
Trump’s tourism push fails to lure visitors
Number of tourist arrivals in US continues to drop following football World Cup
Meta agrees deal to keep Zuckerberg in California despite wealth tax proposal
Group to create new class of non-voting shares to allow stock sales without diluting founder’s control
Shell and Exxon’s $8bn UK chemicals unit put up for sale
Infineum taps advisers at Bank of America to run a sale of the business as Shell focuses on core oil and gas operations
ECB on course for another rate rise in 2026
Read the October scenario by the FT’s Monetary Policy Radar team
Fixing Britain’s welfare state and the limits of AI policymaking
Dependence on the technology risks worsening what Starmer dubbed ‘the warm bath of managed decline’ in Whitehall
Nestlé removes Russian business from accounts after Kremlin takeover
Swiss group takes $1.95bn net assets from its balance sheet after presidential decree to control business
Ukraine to buy military supplies via Nato agency
Agreement could allow Kyiv to speed up delivery of ammunition and weapons at lower cost
Liquidators of Chinese property giant pursue Harvard to recoup donation
China Evergrande had given millions of dollars to university in decade before its collapse
Australian iron ore miner warns of production slowdown without China deal
Fortescue says operations ‘may be affected’ by talks with state-backed commodities buyer
US orders some personnel to leave Saudi Arabia after Houthi attacks
Decision comes as two people were killed in a drone attack targeting Saudi Aramco’s Shaybah oilfield
Musk sets lower sales target for Tesla as it explores SpaceX merger
Carmaker reports flat revenue and falling profits as it pivots from electric vehicles to AI
Amazon warns new cyber flaws detected using AI are being ‘broadly exploited’
Researchers used OpenAI and Google models to find severe faults in software used on the majority of websites around the world
Is corporate India’s exuberance merited?
The gap between corporate India’s public optimism and household and investor anxiety has become increasingly apparent
UK students who graduated in 2024 more likely to be unemployed
Problems facing small businesses a bigger factor than AI in tough jobs market, analysis shows
Poor-quality degrees ‘tarnish’ reputation of English universities, regulator warns
Office For Students warns outcomes were worse than for students attending sponsoring institutions
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