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…
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Financial Times
Global business from the Financial Times
Business · 1860 articles · page 2 of 52 · fetched about 1 hour ago
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
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US to fund speculative fusion venture backed by investors with ties to Trump
Commerce department to take $175mn equity stake in start-up that is financed by brother of the president’s son-in-law
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Macron warns some protests will be banned
French president says labour unions can hold marches on Saturday but not other activists, in an effort to prevent more…
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‘Know Your Agent’ will be the new rule of the AI age
As autonomous software does more, we need to focus on how to control its behaviour and establish accountability
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Trump’s tourism push fails to lure visitors
Number of tourist arrivals in US continues to drop following football World Cup
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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
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Europe’s moderates must stop treating politics as a spectator sport
While centrists have retreated to myriad bubbles, extremists turn up, join up and organise
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Blackstone cuts property valuations as higher rates hit returns
Group’s president Jonathan Gray says rising market volatility stalled a quick return of cash to investors through IPOs
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Websites taken offline in race to patch PHP security flaw
Government security agencies warn companies to take immediate action after AI uncovers widespread vulnerabilities
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Europe’s bracing reality on US bond yields
The region cannot just hope for a fall in borrowing costs across the Atlantic - it must tackle its own problems
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‘I don’t lose’: Rahm Emanuel makes an early pitch for the White House
Barack Obama’s famously foul-mouthed former chief of staff thinks he has a message to win over America
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Ukraine to buy military supplies via Nato agency
Agreement could allow Kyiv to speed up delivery of ammunition and weapons at lower cost
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Russian missiles bombard Kyiv after Witkoff-Putin talks
Donald Trump’s envoy met Volodymyr Zelenskyy in Oslo before heading to St Petersburg in diplomatic push
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Which G7 economy is the profligacy poster child?
Among the group, France and the US are heading into a wall
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Armies of lawyers prepare to stop interference in US midterms
Hundreds of attorneys to work with election integrity groups owing to fears of meddling in next month’s vote
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Politico and Telegraph owner pitched deal to buy European arm of TikTok
Axel Springer boss Mathias Döpfner raised idea over lunch with US ambassador to France Charles Kushner
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Highland Spring billionaire’s property empire hit by loan defaults and creditor action
Family of former UAE ambassador Mahdi Al Tajir looks to sell prized UK property assets as lenders try to recoup unpaid…
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AI and inflation: how worried should central bankers be?
Relative price shifts can affect the overall price level
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The battle for Israel’s future
The election result could shape the country’s destiny for a generation
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No wars and no inflation: Has Trump delivered on his big promises?
The US president swept to victory two years ago pledging to fix the economy and close the border. Here is the FT’s…
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Australian iron ore miner warns of production slowdown without China deal
Fortescue says operations ‘may be affected’ by talks with state-backed commodities buyer
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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
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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
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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…
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Republicans head into midterms with huge spending advantage
Filings show the party and its affiliated groups have amassed a big war chest but polling favours Democrats in many…
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GM aims to leapfrog rivals with new generation of autonomous cars
Detroit automaker’s chief product officer Sterling Anderson plans to put fully self-driving private autos on the road…
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Bessent shrugs off ‘systemic’ AI risks at closed-door investor conference
Treasury secretary spoke to financiers at charity event where tickets cost $7,500
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Trump envoy floats Ukraine talks and summit with Putin and Xi
Steve Witkoff discusses resumption of peace dialogue with Russian president, followed by US-China-Russia meeting next…
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Italy’s buffalo mozzarella production grinds to a halt in truckers’ strike
Highway blockades lead to major disruptions in country’s south
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What Elon Musk stands to gain from a Tesla-SpaceX merger
A merger of Elon Musk’s listed companies has some logic, but other shareholders might end up with less influence than…
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Vivek Ramaswamy’s campaign engulfed by controversy over attack ad
Biotech billionaire faces backlash over video featuring opponent’s estranged mother
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France’s borrowing costs hit 5% for first time since 2002
Concerns over public finances and political stability have helped push up 10-year bond yields from 3.2% in late February
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Macron hits out at ‘stupid’ Trump remarks about riots in France
French president expresses anger after US and other rightwing leaders blame migrants for violence and looting
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Could Michigan elect America’s first Muslim senator?
Democrat Abdul El-Sayed could make history — or scupper his party’s hopes of taking control of the Senate in midterm…
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Who’s paying for the AI build-out? Probably you
Every big pool of capital, in every corner of the developed world, is funding data centres
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