Top headlines from across today’s paper
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FINANCIAL TIMES
Monday, 20 October 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
French police on manhunt after thieves steal royal jewels from Louvre
 
Robbers drop imperial crown but flee with 8 other artefacts, says prosecutor
 
 
CKI calls for Thames Water renationalisation after ‘high-risk’ creditor plan
 
Hong Kong firm alleges bid process for troubled utility was not ‘market-led’
 
 
Trump urged Zelenskyy to accept Putin’s terms or be ‘destroyed’ by Russia
 
US president tossed aside maps of Ukraine frontline in volatile White House meeting
 
 
America’s rare earth delusion
 
China’s critical minerals chokepoint has been hiding in plain sight for decades
 
 
Apple’s biggest iPhone overhaul in years ignites upgrade frenzy
 
Extended wait times and generous trade-in deals signal surging demand for newly redesigned device
 
 
 

Top Headlines from the International Editions

 
 
 
China set to push high tech in 5-year plan as tensions with US intensify
 
Central Committee expected to highlight the importance of consumption in an economy threatened by deflation
 
 
Trump calls Colombia president a ‘drug leader’ and vows to end US funding
 
Gustavo Petro had earlier accused administration of murder over its attacks on vessels in the Caribbean
 
 
Israel launches strikes on Gaza and pauses aid as ceasefire comes under strain
 
Military says it bombed dozens of targets after two troops killed in Hamas attack
 
 
An unlikely couple, a doomed affair and their €64mn ransomware scam
 
How a mysterious tip-off led investigators to uncover the inner workings of a highly unusual hacking operation
 
 
How our brightest minds get trapped in the City
 
Money is just one reason why graduates are drawn to finance, management consulting and corporate law
 
 
 

Markets

 
 
 
Apollo’s Marc Rowan says Europe ‘at war with itself’ over finance regulation
 
Private capital group chief tells FT regulators have yet to catch up with political drive to boost competitiveness
 
 
One of the UK’s growth-boosting reforms is actually working
 
Tweaks to lending rules have made it easier for first-time buyers to get a foot on the housing ladder
 
 
UK defence suppliers tap fintechs to scale up production
 
Smaller groups seek alternative funding with traditional banks held back by ESG lending rules
 
 
 

Companies

 
 
 
Kering agrees €4bn sale of beauty division to L’Oréal
 
Deal includes rights to develop products under Gucci, Bottega Veneta and Balenciaga labels
 
 
ECB faces lawsuit from staff union over ‘intimidation’ allegations
 
Ipso has asked EU court to nullify warning letters sent to union spokesperson over media interview
 
 
The bank reunion that felt like a life audit of our post-finance years
 
Work meetups rarely deliver epiphanies but allow old colleagues to enjoy their former selves
 
 
Pension giants announce £3bn of investment in UK private markets
 
Move comes ahead of summits that aim to strengthen relationships between institutional investors and policymakers
 
 
UK profit warnings rise as business blames trade tariffs and policy shifts
 
Shifting levies and taxes as well as regulation add to strains, with low consumer confidence also worrying many businesses
 
 
 

Opinion

 
 
 
On Russian assets, Europe fights with one hand tied behind its back
 
The proposed reparation loan is a step forward but remains full of contradictions
 
 
China’s innovation paradox
 
Industrial policy has delivered impressive technological gains without productivity growth
 
 
Gen Z is the new force in global politics