Top headlines from across today’s paper
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FINANCIAL TIMES
Tuesday, 21 October 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Amazon says cloud services recovering from widespread outage
 
Starbucks, ride-hailing app Lyft and UK tax authority among those affected by AWS problems
 
 
Reeves launches ‘blitz’ on red tape in bid to save £6bn a year for UK business
 
Chancellor aims to scrap ‘pointless paperwork’ and will also pledge to make M&A rules more transparent
 
 
Europeans rush to Volodymyr Zelenskyy’s defence after tense Donald Trump meeting
 
EU seeks to secure deal on frozen Russian assets and more sanctions on Moscow to show support for Ukraine
 
 
Claude enters the lab: Anthropic bets big on life sciences
 
AI group tailoring its chatbot to integrate with biomedical databases and coding tools
 
 
China is well positioned for a trade showdown with Trump
 
Rare earths are not the only Chinese product that America would struggle to replace
 
 
 

Top Headlines from the International Editions

 
 
 
Trump signals backing for Aukus nuclear deal with Australia
 
Comments from US president will ease concerns in Canberra that Washington was cooling on pact
 
 
Argentine peso weakens to fresh low despite US interventions
 
Washington’s $400mn of support fails to halt currency’s slide ahead of the Latin American country’s midterm elections
 
 
French government recognises ‘failure’ over Louvre heist
 
Daylight burglary of priceless royal jewels triggers review of security measures at country’s cultural institutions
 
 
JPMorgan warns First Brands fallout driving up banks’ funding costs
 
Concerns mount about hidden exposure to private capital firms and hedge funds in wake of credit market wobbles
 
 
The costs of Trump’s campaign to censor climate science
 
Datasets have been removed, federal websites scrubbed and thousands of Noaa staff purged. Experts warn disaster defences are at risk
 
 
 

Markets

 
 
 
BHP sees ‘resilient’ commodity demand despite slowdown in China
 
World’s biggest miner by market capitalisation locked in negotiations over iron ore with Beijing-controlled buyer
 
 
Trump’s Argentine gamble benefits almost no one 
 
Propping up the peso is unlikely to lead to a sustainable improvement in the country’s economy
 
 
Vietnamese stocks fall sharply after regulator points to violations in credit market
 
State audit of $17bn in domestic bonds found flaws in disclosure and misuse of proceeds
 
 
XTX discrimination case against Mazars over billionaire Russian owner dismissed
 
Alexander Gerko will appeal against decision after court finds accounting firm refused services because of his nationality
 
 
Luxury goods and investing in the K-shaped world
 
The rich-get-richer trade
 
 
 

Companies

 
 
 
HSBC taps former NatWest executive to lead UK business
 
David Lindberg appointed chief executive of ringfenced bank
 
 
Maccabi Tel Aviv says fans will not attend Aston Villa match in UK
 
Israeli football club to turn down tickets over safety concerns even if ban on team’s supporters is reversed
 
 
Kardashian endorsement of skincare gadget creates K-beauty champion
 
Shares in South Korea’s APR have surged 400% this year as it expands in US and Europe
 
 
Amazon’s cloud outage may focus minds and broaden budgets
 
If the response to potential outages is that companies try to build in more slack, then there will be obvious beneficiaries
 
 
Europe’s defence boom takes to the high seas
 
Activity in the fragmented maritime sector is hotting up
 
 
 

Opinion

 
 
 
The boardroom bet on Trump’s industrial policy
 
CEOs wou