FirstFT: Global equities hit by rise in oil prices
Also in today’s newsletter: Barclays axes 5,000 jobs and companies race to protect their websites
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
Objects With Narratives begins a new chapter in Antwerp
A first look at the design gallery’s grand belle époque space
‘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
Europe’s underrated digital trailblazing
At the frontier of public digital money, the EU is slowly developing a geopolitical monetary strategy
Submit a question: Could Anthropic’s IPO be a turning point for AI?
Join us for a live Ask an Expert Q&A with Richard Waters, the FT’s tech writer at large, and George Hammond, the FT’s venture capital correspondent today at 8am (PDT)/4pm (BST)
Global stocks tumble as oil prices rise
China’s CSI 300 index sheds 1.8% and Eurozone bond sell-off deepens
Tech at the plate for Asian baseball climax
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
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
London credit hedge fund Arini’s losses mount
Master fund sheds estimated 7% in October, taking decline for the year to more than 21%
Hermès hit by ‘challenging’ economic backdrop in China and Middle East
Luxury brand’s sales miss forecast despite strong growth in handbags and leather goods
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
FT Wealth: October
In this edition: Global yacht boom turns marinas into valuable assets; brewing fortune finds social purpose in challenging the system; how a gargantuan home foretold our Mar-a-Lago world; landowners reap dividends from regenerative agriculture; well-written letter of wishes can save a lot of grief;
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
Barclays to cut 5,000 jobs as bank steps up AI adoption
Reductions announced as third-quarter profits fall short of City expectations
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
Websites taken offline in race to patch PHP security flaw
Government security agencies warn companies to take immediate action after AI uncovers widespread vulnerabilities
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
FTAV’s further reading
Chokepoints; PHP; Theranos; plasma screens; writer scams; dark nutrition; fire escapes; and Pi
Hyperscalers and how to rate them
In the land of known unknowns
EU scrambles for seat at the table in Ukraine talks
Also in this newsletter: Chemicals group warns about investing in decarbonisation in EU
Guess these gilet prices and we’ll predict which bank you work at
Fully vested
Transcript: Are we sleepwalking into a third world war?
Gideon Rachman speaks to Alec Russell