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Biden seeks to reassure Ukraine as war aid becomes US political battleground

Support for Kyiv thrown into doubt as Republicans tie funding to border policies

2 hours ago

Republican hardliner moves to oust McCarthy over deal to avert shutdown

US presidential election 2024

Some Republican donors worry legal troubles will win nomination for Trump

Editor's picks

Germany must invest to neutralise the far-right threat

Russia and North Korea are baring their teeth

Top stories

Robert Fico wins Slovakia election with anti-Ukraine stance

Former prime minister set to try to form coalition that could undermine EU support for Kyiv

Poland opposition takes to streets as hard-fought election looms

VCs tell start-ups to delay IPO plans after Arm and Instacart underwhelm

Tech debuts were overshadowed by concern about interest rates, frustrating hopes for a rush of listings

UBS settles with Mozambique in Credit Suisse ‘tuna bond’ case

Country had been suing the bank and others for their part in a 2013 loans scandal that wrecked its finances

Turkey calls on Sweden to take more ‘concrete measures’ before joining Nato

Ankara seeks further action against extremists as parliament reconvenes to consider accession request

Turkey hits Kurdish sites in northern Iraq after suicide bombing in Ankara

updated

Spotlight

Germans shrug off economic gloom at booming Oktoberfest

Record numbers of drinkers are flocking to the Theresienwiese fairground despite the soaring cost of beer

The ghastly modern office needs a reboot

Hybrid working has exposed wasteful, outdated designs that one Silicon Valley boss wants to blow up

News

BAE Systems wins £3.95bn contract for Aukus nuclear submarines

Boats being built as part of security pact with US and Australia set to bring jobs and investment to Cumbria

UK retailers demand protection from shoplifting surge

Employers say violence and abuse of staff is on the rise and call on the police to prioritise a response

New Brexit border checks to cost business £330mn a year

Sunak will not commit to tax cuts as fractious Tory conference starts

Prime minister says beating inflation is the priority despite pressure from his party to make pre-election giveaway

Most read

News

Gramercy Funds Management LLC

US hedge fund provides record loan for environmental lawsuits

Gramercy’s $552.5mn funding will support pollution cases against BHP and Vale, and 14 carmakers over ‘dieselgate’

Saudi Arabia predicts budget deficit as it funnels money into gigaprojects

Preliminary budget statement pares growth forecast for this year to 0.03%

Merkel’s policies left Germany too reliant on Russian gas, adviser admits

Serbia will not send military forces into Kosovo, Vučić insists

Belgrade denies US claims of ‘unprecedented’ build-up of troops and arms on border

Bangladesh pushes back at US over visa curbs ahead of election

Washington says restrictions are targeted at politicians and others found to be undermining democratic process

The CEO. ‘Talk to everyone you can’: Plaid’s Zach Perret on navigating a failed sale and Covid upheaval

The fintech boss says he ‘over-communicated’ with staff as they suffered a period of uncertainty

Korea Zinc expands nickel production to meet US battery demand

Plant under construction would make South Korean company the largest non-Chinese producer of nickel sulphate

EU payment rules shake-up will prompt price rises, retailers warn

Brussels plan aimed at aiding SMEs will also lead businesses to source more goods from China, say industry groups

Germany is failing to protect power groups from cyber attacks, warns Eon boss

Telegraph Media Group Ltd

Axel Springer expresses interest in buying UK’s Telegraph group

German media company joins growing list of international investors considering bid for conservative publisher

Opinion

Global lessons from inflation’s rise above the UK target

Errors in hitting central bank goals are likely to be asymmetric with a drift upwards that leads to recession

Maybe politics should be more mindful

It’s easy to mock the practice but it could help politicians be less reactive, act with more conviction and disagree better

Lex. Recycling: plastics are a bottle neck in the war on waste

In the US, workers’ rights are moving to centre stage

Heidi Shierholz

The Long View. A breakout year for Japanese stocks

Inheritance tax debates overlook the psychology of the thing

Obituary. Matteo Messina Denaro, Italian mafioso, 1962-2023

Person in the News. Jane Fraser: the woman trying to turn Citi around

More Opinion

US News

New head of the US military aims to dodge the political fray

General CQ Brown is considered a steady hand after his predecessor fell out with Donald Trump

US lawmakers pass short-term deal to avoid government shutdown

Eurozone inflation hits 2-year low as US price pressures ease

US on brink of shutdown as Republicans defeat funding bill

BP tells staff top US executive is leaving just weeks after CEO exit

Auto workers expand strike against Ford and GM

US senator Dianne Feinstein dies, aged 90

Podcasts

Political Fix. Sunak and Starmer flip-flop on policies

37 min listen

FT Weekend podcast. Author Andrew Lipstein on ‘The Vegan’ and morality

17 min listen

FT News Briefing. Tech IPOs lose their shimmer

9 min listen

Unhedged podcast. How high, and for how long?

17 min listen

Travelista. Four unmissable meals – with hotels attached

FT Magazine. What makes a wine co-op work?

Review. Six films to watch this week

HTSI. Artist Ludovic Nkoth takes on Le Corbusier

Review. The Nobel Family — model capitalists amid Russia’s revolutions

Video

Semiconductors29 min

The race for semiconductor supremacy | FT Film

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FT Financial Literacy and Inclusion Campaign28 min

Why the UK has a problem with maths | FT Film

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Highlights

Russia has proved resilient to western sanctions, says Deripaska

Metals oligarch tells FT of his ‘surprise’ at performance of economy in wake of invasion of Ukraine

New York immigration crisis exposes tensions among Democrats

Person in the News. Jane Fraser: the woman trying to turn Citi around

The Big Read. The debt-fuelled bet on US Treasuries that’s scaring regulators

Paternity leave in finance: ‘The more men do it, the less of a big deal it becomes’

Private equity firms pivot away from traditional buyouts

Armenians ‘lose motherland’ in blow to Russia’s influence abroad

Technology

Revolut attracts UK watchdog scrutiny over red-flag accounts

Fintech allegedly let funds flow from accounts restricted by the National Crime Agency

The Big Read. What Lina Khan’s antitrust case could mean for Amazon

US Supreme Court to hear cases over free speech and social media

Electronic Arts kicks off rebranded football video game with strong demand

Join the FT WhatsApp channel for markets news and analysis alerts

Lunch with the FT. Tech entrepreneur Niklas Zennström: ‘Let’s break the Silicon Valley monopoly’

HTSI. The robo chef is back – and this time it’s cooking

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