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Top Headlines from the UK Edition
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Chinese vessel spotted where Baltic Sea cables were severed
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| Swedish investigators looking into movements of bulk carrier travelling from Russia to Egypt |
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Marc Rowan emerges as a top contender to be Donald Trump’s Treasury secretary
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| Private equity billionaire is considering job and is set to meet president-elect on Wednesday |
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SpaceX abandons attempt to catch Starship booster as Donald Trump watches
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| Test was a setback for owner Elon Musk, who has become an influential figure in president-elect’s transition team |
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Ukraine strikes Russia with US-made long-range missiles for first time
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| Weapons arsenal in Bryansk region hit after Biden administration lifts restrictions on Kyiv’s use of Atacms |
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Corporate insiders cash in on post-election US stock market surge
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| Insider sales reach all-time high as executives from Goldman Sachs to Tesla lock in equity gains |
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Top Headlines from the International Editions
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Jimmy Lai testifies for first time in Hong Kong national security trial
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| Billionaire former media mogul and fierce critic of Beijing faces up to life in prison |
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Gautam Adani takes on plan to redevelop Mumbai’s biggest slum
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| Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital |
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Donald Trump picks Howard Lutnick to run commerce department
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| Cantor Fitzgerald boss to also have ‘direct responsibility’ for the office of the US trade representative |
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The FT’s guide to the Books of the Year
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| From economics, politics and history to science, art, food and, of course, fiction — our annual round-up brings you top titles picked by FT writers and critics |
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Trump’s demolition of the US state
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| One irony of the president-elect’s campaign of destruction is that the government is in dire need of reform |
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Disinflation, demographics, Doge
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| We look at money, population, and how the government actually works |
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The doomsday that wasn’t
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| VIXplaining the events of August 5 |
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Bridgewater opens strategy to retail investors through State Street ETF
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| Move by famously secretive hedge fund follows others in rushing to ink deals with big names in alternative assets |
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Swiss prosecutors accuse Trafigura of paying €5mn in bribes to Angolan official
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| Unsealed indictment alleges the company’s late founder, Claude Dauphin, masterminded the scheme |
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European stocks fall as Ukraine war escalation unsettles markets
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| US Treasuries rally as investors sell equities and seek safe assets |
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UK adviser reaps rewards in shifting industry landscape
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| True Potential’s revenues have grown rapidly after huge regulatory changes |
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Comcast set to spin off cable TV networks to drive streaming growth
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| ‘Cord-cutting’ consumers lead entertainment group to focus investment on online assets |
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Milan beats London and New York as home to most expensive shopping street
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| Rents on Via Monte Napoleone have jumped as tax break schemes lure the super-rich |
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Walmart raises guidance as it beats third-quarter forecasts
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| Retailer reports revenues of $169.6bn as lingering inflation draws wealthier consumers to low-price products |
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Head of Volkswagen’s North American division steps down
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| Pablo Di Si leaves carmaker ‘at own request’ to be replaced by Porsche veteran amid push to regain US market share |
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Britain needs a coherent China strategy
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| The Labour gove |
