How Poland lost $230mn trying to buy Venezuelan oil with crypto
An attempt to use digital currencies for a bold oil trade became one of Poland’s biggest scandals
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Financial Times
Global business from the Financial Times
Business · 1862 articles · page 28 of 52 · fetched 33 minutes ago
US equities eclipse Treasuries in rare foreign capital shift
International flows into American equities exceed government debt for first time this century outside pandemic and…
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Russian businessman bankrolls Donald Trump Jr’s Bahamas wedding after-party
President’s son and his wife confirm Umar Kremlev, who is reportedly close to Vladimir Putin, paid for part of…
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Supreme Court rejects Trump’s mail-in ballot restrictions
Decision comes months before midterm congressional elections
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US military reveals it has weapons in space
Security experts warn announcement could result in the proliferation of weapons by other governments
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Trump to scrap Biden-era climate protections on power plant pollution
Move continues dismantling of environmental protections during the president’s second term as he boosts fossil-fuel…
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Carney urges EU to cement trade deal as Ottawa seeks pivot from US
Canada’s prime minister tells FT deeper ties with Europe will make both sides ‘more resilient’ amid Trump turmoil
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Oil hits $109 after Saudi Arabia closes vital export pipeline
Riyadh pulls out of regional talks to de-escalate hostilities over Strait of Hormuz in wake of drone attack last week
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US tech stocks fall after big AI groups call for slowdown
Memory-chip makers and Nvidia slide on Wall Street as warnings combine with backdrop of rising oil prices and higher…
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Ten-year Treasury yield hits 5% for first time since 2023
World’s most widely watched financial marker moves towards levels not seen in decades as inflation shock from Iran war…
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Why delaying an AI doomsday would benefit investors too
A slowdown would reduce the enormous amounts of cash being lavished on training new models
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Trump claims Russia and Ukraine have agreed energy truce
Kyiv was caught off guard by the US president’s announcement after previous attempts to halt strikes on power plants…
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France in ‘astonishing’ push to lift EU sanctions on Russian oligarch
Paris replicates Viktor Orbán’s tactics in bid to free French nationals from Azerbaijan
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Bannon and Sanders unite over AI safety as Trump condemns warnings as a ‘hoax’
Rightwing activist and leftwing senator join forces to demand stronger regulation of the technology
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Zelenskyy imposes sanctions on former aide turned critic
Ex-press secretary Iuliia Mendel has become one of the Ukrainian president’s most vocal opponents in the US
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A spreading war threatens Trump and MBS
Energy supplies from Saudi Arabia have been hit just as Europe and the US head into winter
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The Saudi relief valve is being closed
The Houthis’ Red Sea blockage is still largely an oil shock rather than a general threat to trade
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Liechtenstein says EU zeal for disclosure has gone ‘too far’
Prince Michael of Liechtenstein accuses EU of ‘bureaucratic zeal’ over anti-money laundering rules
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Beijing launches drone buyback in crackdown after Citic Tower crash
Amnesty for banned aerial devices comes months after light aircraft struck Chinese capital’s tallest office tower
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Swedish election on a knife-edge
Nordic region’s biggest economy faces weeks of uncertainty and tricky government negotiations
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Anthropic and OpenAI need to put their rivalry aside
The deep schism between OpenAI and Anthropic has led to a race-like dynamic towards ever more powerful models
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Hostile forces using AI for ‘cognitive warfare’ against China, spy agency warns
Beijing signals growing concern over how rapid advances in technology could be used against the country
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Japan’s central bank set for pivotal moment on rates
Governor Kazuo Ueda is facing competing pressures from Tokyo and Washington
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Warsh and Trump on collision course
Central bank chair under pressure to back warnings on inflation with action despite risking president’s ire
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Automation is coming for the gig economy
A safety net for people who have fallen out of the formal labour market is being dismantled
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A ‘lucky’ chancellor must also be a resolute one
It is crucial to convince the lenders on whom the UK depends that it is being managed by grown-ups
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European capitals barter over Christine Lagarde’s successor at ECB
Eurozone governments are negotiating a ‘grand package’ over three of the central bank’s most senior roles
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Dubai’s $6bn island dream meets the reality of war
Ailing luxury developments on emirate’s man-made archipelago reflect strains on wider real estate sector
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Michael Dell’s family office leads $7.7bn deal to take insurance broker private
DFO Management and Sequence near acquisition of Baldwin Group as industry undergoes wave of consolidation
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Anthropic tells investors it will be profitable for second straight quarter
Claude maker seeks to ease cash burn concerns before blockbuster IPO amid fears over pace of AI development
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Trump rejects calls from tech bosses for AI slowdown
President denounces demands for regulation as existential fears over technology move to the centre of US politics
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Trump scraps tariffs on Irish whiskey during visit to country
The surprise move came a day after the US president stirred controversy by calling for Irish reunification
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Trump calls on Ukraine to stop striking Russian oil refineries
US president says the attacks and not his war in Iran are responsible for diesel hitting record highs
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Russia strikes Ukraine train line moments after foreign dignitaries pass
Train struck on route used by David Petraeus, Boris Johnson, Carl Bildt and other senior officials
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Le Pen vows to put French citizens first in campaign launch
Far-right candidate seeks to stamp her authority on her party after weeks of internal tensions
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Saudi pipeline attack exposes potent Iraqi militia threat
Baghdad is seeking to reduce the power of Tehran-linked forces accused of striking pipeline
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