At least 68 killed in collision of high-speed trains in Spain
Crash near Toledo south of Madrid follows death of 46 in Andalusia rail accident in January
Washington to issue Flávio Bolsonaro US visa after election loss
Defeated rightwing presidential candidate is under investigation by Brazilian police over alleged corruption and money laundering
The fear factor giving Netanyahu the edge
Despite liberal hopes, the veteran leader appears to have a path back to government after Israel’s vote
Bolsonaro lands in US after fleeing Brazil
Losing presidential candidate and son of jailed ex-president Jair Bolsonaro left Brazil after being ordered to hand over his passports
Netanyahu ahead but no clear winner in Israeli election
Prime minister urges rivals to join Jewish coalition and shun Arab parties as neither bloc set for majority
Healey hits banks and savers with tax rises in Budget ‘for working people’
Scale of chancellor’s plans was modest compared with recent fiscal events
Israel’s election: what happens next?
Partial results suggest neither Prime Minister Benjamin Netanyahu nor his rivals have a simple path to form a government
Zelenskyy opens door to security guarantees for Russia
Ukrainian president acknowledges Moscow could also receive security guarantees as part of peace deal
Banks hit out at Healey’s Budget tax increase
Follow live: Chancellor hit lenders and taxed income from savings and property
US charges ex-FBI chief James Comey with leaking national defence information
Move marks third time he has faced criminal allegations from the Trump administration
The globetrotting Trump brothers
The president’s sons Donald Jr and Eric have met world leaders and foreign officials while building a lucrative web of financial interests
Israel election turnout highest in decades
First vote since October 7 2023 attack pits Netanyahu’s far-right coalition against opposition bloc in knife-edge contest
Anthropic’s seven founders tighten grip ahead of blockbuster IPO
From a rebellion at OpenAI to building the Claude-maker, the new billionaires are betting their future on staying united
Bolsonaro and Lula face off in knife-edge Brazil election
Rightwing challenger seeks to oust leftist president and bring Latin America’s largest country closer to Donald Trump
US voters and Trump’s overflowing swamp
America’s affordability crisis and corruption are now treated as two sides of the same coin
Zuckerberg’s deal to stay in California cheered by wealth tax campaign
Supporters of the tax say many billionaires threatening to leave the state will not go
Dirty tricks and Maga theatrics shake up bruising battle for Texas Senate
Scandal-prone Trump pick goes head-to-head with seminarian Democrat in race that could determine control of the upper house of Congress
Law firm Weil prepares for possible wind-down as crisis deepens
Big Law powerhouse working with Davis Polk on options that also include last-minute merger or slimmed-down entity
Macron warns some protests will be banned
French president says labour unions can hold marches on Saturday but not other activists, in an effort to prevent more looting and rioting
How nervous are bond markets about France?
Dusting off our apples-for-apples spreadsheet
The limits of hedging the AI boom
As tech investment soars, finding protection is becoming more urgent — and harder
EU pressures allies over looming Ukraine funding crunch
European Commission forecasts suggest non-EU partners have pledged just €4bn in aid for Kyiv next year, down from €19bn in 2026
Washington discusses Russian deals for US oil majors in Ukraine peace talks
White House proposes renewed postwar business ties in an effort to bring President Vladimir Putin to the negotiating table
Putin lectures Nordic leaders on Russian history
Russia’s leader goes on extended tangent in call with western European leaders as they seek to revive Ukraine peace talks
The battle for Israel’s future
The election result could shape the country’s destiny for a generation
US insurance regulators back down on credit ratings scrutiny
Industry resistance thwarts effort to examine ratings on billions of dollars in private loans held by insurers
Microsoft offers buyouts to 60,000 staff
Tech giant moves to control costs and it spends up to $175bn on AI infrastructure this year
Three Russian diesel tankers steam for US — including two under sanctions
Trump deal with Putin to ease fuel prices exposes companies to legal threats from Congress
Amazon warns new cyber flaws detected using AI are being ‘broadly exploited’
Researchers used OpenAI and Google models to find severe faults in software used on the majority of websites around the world
Lula faces a fiscal reckoning after Brazil’s market rout
Concerns about management of economy trigger worst day for currency in more than 25 years
Meta agrees deal to keep Zuckerberg in California despite wealth tax proposal
Group to create new class of non-voting shares to allow stock sales without diluting founder’s control
US voters worried about corruption under Trump — FT poll
Americans link graft to affordability crisis as midterm elections loom
Anthropic and the AI cluster effect in fundraising
$95bn equity issue plan by Meta as rival conducts IPO shows the Hotelling effect
The hidden water crisis beneath the American west
As the area dries, cities and farmers draw on groundwater, the leading source of water loss across the Colorado River Basin
Rockets, robots and risk: Musk’s $3.6tn gamble to merge Tesla and SpaceX
The world’s richest man attempts his most audacious deal yet. But shareholders and global regulators will need convincing
The $15bn ‘viral’ AI start-up changing how American doctors treat patients
Founder of OpenEvidence chatbot says two-thirds of US physicians use the ad-powered tool, prompting a debate about patient care
France’s borrowing costs hit 5% for first time since 2002
Concerns over public finances and political stability have helped push up 10-year bond yields from 3.2% in late February
China’s nightmare: becoming the next Japan
Tokyo lost decades when a property bust led to an economic slump. Could the same phenomenon undo Xi Jinping’s ambitions?
Macron hits out at ‘stupid’ Trump remarks about riots in France
French president expresses anger after US and other rightwing leaders blame migrants for violence and looting
The ‘adults in the room’ won’t save you
The hope that wise subordinates would curb the likes of Donald Trump was always a misunderstanding of politics
Boeing wins approval for Max 10 jet in boost for turnaround efforts
Long-awaited certification will help US group compete with Airbus as airlines seek larger and more efficient aircraft
Insurers face losses as riots in France become ‘like natural catastrophes’
Similar events now expected to occur every year, prompting government efforts to require properties to be insured for unrest
Witkoff meets Zelenskyy before travelling to Russia
Trump envoy attempts to restart peace talks between Ukraine and Russia and is expected to ask for release of a US hostage
SpaceX and Tesla boards are exploring potential merger
Elon Musk says combining his two public companies would be a ‘good idea’ as the world approaches an AI singularity
Australian data centre group falls 44% on profit warning
NextDC plunge adds to sector woes as Nvidia holds talks over injecting capital into Firmus after failed IPO
UAE official emerges as late contender to lead UN
Supporters of Lana Nusseibeh sound out UN missions for backing as official candidates struggle to break deadlock
Britain’s £100,000 tax trap
Many of the country’s most skilled workers are withholding their labour from the economy because of crushing marginal rates
To replace Starlink, Europe will have to reawaken its animal spirits
Even splurging on homegrown options won’t, by itself, solve the problem in a reasonable length of time
The Dubai firm that promised 30% returns — then stopped paying
Prospective clients who flocked to the Burj Khalifa were promised double-digit returns but thousands are now facing losses
Musk’s SpaceX ambitions may be ‘dangerous’ for Europe, warns EU lawmaker
EU must protect sector from foreign rivals, says parliament’s lead negotiator on telecoms reform
Alberta voters reject separation from Canada, early results show
Referendum in oil-rich western province had threatened new turmoil for Mark Carney amid stand-off with Donald Trump
Who’s paying for the AI build-out? Probably you
Every big pool of capital, in every corner of the developed world, is funding data centres
AI debt worries spark surge in default insurance trading
Volumes of credit default swaps linked to big tech groups soar as investors seek protection against boom unravelling
Vivek Ramaswamy’s campaign engulfed by controversy over attack ad
Biotech billionaire faces backlash over video featuring opponent’s estranged mother
US pending home sales fall to record low as mortgage rates surge
Sales contracts dropped 7.3% in September as rising borrowing costs deepened housing market slowdown
Who are the Black Bloc?
French government says agitators from the far left helped transform peaceful protests into riots
Trump envoys to hold fresh Ukraine talks in Norway
Steve Witkoff and Jared Kushner to meet Volodymyr Zelenskyy and other European leaders on Tuesday
The far-right contender refusing to bow to Israel’s Netanyahu
Proliferation of rightwing parties leads to infighting ahead of vote
OpenAI ‘agents’ disabled their own monitoring systems
AI lab investigating whether incident shows ‘propensity to evade’ controls
Older Americans brace for higher healthcare costs
Burden of inflation on seniors is set to worsen as US health insurers raise prices
France considers new curfews as restrictions quell unrest
Italy also expected to approve new security measures to combat violent rioters
Putin’s American friends
‘Realist’ critics of Nato echo Moscow’s talking points on Ukraine
Bessent shrugs off ‘systemic’ AI risks at closed-door investor conference
Treasury secretary spoke to financiers at charity event where tickets cost $7,500
Who are the students set to govern Serbia?
Amorphous Student List movement has yet to nominate a prime minister candidate after Aleksandar Vučić’s election defeat
South Korean data centre builder tumbles 32% on trading debut
Shares in Elice sink in Seoul, adding to rising concern about AI valuations
A day in Benjamin Netanyahu’s heartland
Many in Sderot, a city hit by Hamas’s October 7 2023 attack, remain firmly behind the prime minister ahead of the election
Weil’s incoming leader to walk away from top job as law firm faces talent crisis
Ramona Nee had been due to take the helm in January but has declined position amid an exodus from the Wall Street law firm
Could Michigan elect America’s first Muslim senator?
Democrat Abdul El-Sayed could make history — or scupper his party’s hopes of taking control of the Senate in midterm elections
Iran’s foreign minister: The false assumptions about us are dangerous
A way forward can only materialise once the US administration genuinely accepts that it has no military options
Netanyahu made plans to restart Iran strikes earlier this month
Israeli prime minister has pushed to resume conflict but Donald Trump rules out attack before US midterm elections
Measles surge exposes Republicans’ vulnerability on vaccines
Health secretary Robert F Kennedy Jr’s scepticism of jabs is not shared by the majority of Americans
Hundreds of thousands protest in France in second weekend of mass demonstrations
Government puts 70,000 police officers on the streets to boost security after last weekend’s riots
Trump to cut Canadian tariffs after pressure from Republicans
President to ease some levies to help candidates facing tough US Senate election battles
Trump moves to block certification of Alaska Senate election if Republican loses
Candidates’ similar names could ‘taint’ the result, argues US Justice Department
Pegasus spyware founder urges governments to trust his tech and ditch US AI
Former NSO Group boss Shalev Hulio seeks to reinvent himself as a champion of sovereign AI and national security
Russia releases US citizen as Trump’s envoy visits
Steve Witkoff meets Russian President Vladimir Putin in fresh drive to end war in Ukraine
Moderna shares sink after leaked cancer data missed expectations
Melanoma vaccine treatment cut risk of recurrence or death by 58% but failed to exceed Wall Street’s lofty expectations
Breaking down Anthropic’s 335-page S-1
Anthropic’s planned listing could be the biggest stock market debut in history
Lula is re-elected Brazil’s president in knife-edge vote
Victory of 80-year-old leftist over Flávio Bolsonaro is blow to Trump’s plan for greater US influence in Latin America
Trump’s fresh campaign against wind power puts permitting deal in doubt
Administration’s challenge to projects ends a renewables détente aimed at attracting bipartisan support for bill
Brazil’s markets tumble as investors bet Lula will add to fiscal pain
Investors had been positioned for victory by rightwing Bolsonaro, seen as more willing to tackle budget deficit
The reclusive quant billionaire coming into the light
Peter de Putron has spent decades maintaining a low profile. But the scale of his interests is commanding new attention
‘Bold but sane’: what we learnt from Anthropic’s 240,000-word IPO filing
Prospectus details AI lab’s ‘mission’, $800bn data centre commitments and extraordinary governance structure
Martin Wolf on the US midterms: What’s at stake for the world?
The FT’s chief economics commentator speaks to writer and historian Anne Applebaum about why the elections matter beyond America
Anthropic begins countdown to IPO with prospectus filing
240,000-word prospectus lays out explosive growth alongside steep losses and daunting risk factors
Marco Rubio still owes Europe answers about America’s intentions
The US secretary of state’s recent speech in Athens evoked a shared destiny but offered no vision of a common future
Audi to build $4bn US plant as it grapples with tariffs
Move announced at Trump rally in Georgia comes as carmaker and its parent Volkswagen seek relief from president’s levies
Why students in a Pennsylvania midterm battleground fear AI is about to kill their future
Young people are increasingly anxious — and angry — at a Big Tech revolution and what it means for their job prospects
SoftBank-backed drone maker wants every farmer to ‘have their own robot’
Chinese start-up XAG believes pilotless crop sprayers are the answer to a dwindling workforce and rising temperatures
Trump ordered to face BBC questioning in $10bn defamation lawsuit
President must appear by December 11 after attending campaign rally on date previously set for his deposition
Why you shouldn’t bother reading the Anthropic IPO filing
Valuing AI lab based on its historic reported numbers is a fool’s errand
Ukraine military says Starlink service restrictions have been lifted
Slowdown in drone communication system had hampered Kyiv’s ability to defend itself against Russian strikes
Iran war tilts balance of global oil power towards Americas
Countries from Canada to Argentina have seen surge in investment and production as buyers rush to replace supply lost to Hormuz disruption
France is looking ungovernable. And it’s going to get worse
As disorder engulfs Paris and Marine Le Pen waits in the wings, the country is running out of money, patience and answers
London’s most famous shopping street bans cars in bid to revive its fortunes
Oxford Street’s controversial pedestrianisation comes as big brands invest in flagship stores
Netanyahu threatens ‘aggressive’ offensive after West Bank shooting
Two soldiers killed and three injured by Palestinian gunmen in attack that has stoked tensions before Israeli elections next week
Russia and Ukraine agree to temporary ceasefire around occupied town of Oleshky
Pope and Melania Trump help organise deal to allow humanitarian aid to enter area and for civilians to be evacuated
Co-operate to avoid being hostage to geopolitics, Australia tells ‘middle powers’
Jim Chalmers argues economic security and bolstering supply chains would benefit consumers
Why 17 is not the magic number in industrial policy
A lack of focus threatens to hobble Japanese premier Sanae Takaichi’s growth strategy
Nasdaq tumbles while Treasuries soar as Meta rekindles AI spending fears
Social media group’s market value sinks by $124bn after it says it will raise ‘hundreds of billions of dollars’ in coming years
Ukraine seeks to move customs checks inside EU to avoid Russian drones
Lorries waiting at the border to export agricultural produce into the bloc have become a target for Moscow’s attacks
Israeli central bank rejects Netanyahu’s plan to use crypto to evade sanctions
Critics say prime minister’s proposal would turn country into an economic pariah
Ukraine says Starlink speeds still throttled
Kyiv accuses Washington of intentionally slowing technology crucial for intercepting Russian attacks
France avoids downgrade from Moody’s in boost for Macron’s government
Rating agency retains Aa3 score as it assumes ‘deficit-reducing budget for 2027 will be adopted’
US to fund speculative fusion venture backed by investors with ties to Trump
Commerce department to take $175mn equity stake in start-up that is financed by brother of the president’s son-in-law
Anthropic strikes deal to launch European consultancy
New company backed by Anthropic and UK buyout group Hg will advise companies on how to deploy AI
Netflix gives downbeat outlook as streaming hits dry up
Entertainment giant shakes up creative leadership as viewership growth stalls and current quarter profits set to disappoint
Tucker Carlson: ‘I so overstated my power it was embarrassing’
Does Trump’s loudest critic still have his finger on America’s pulse?
US Treasury proposes tighter rules on investing in sensitive Chinese tech
Restrictions would apply to investments in areas including AI, hypersonic weapons and biotech
Gold drops below $4,000 as ‘haven’ asset joins market sell-off
Price has plunged this week even as investors rush to safety of US Treasuries
The young are conformists in denial
The reassuringly bourgeois values behind a rebellious generation
OpenAI trims valuation target to $1.25tn after pitching higher price
AI lab floated $1.4tn price tag earlier this month, according to documents seen by the FT
‘Know Your Agent’ will be the new rule of the AI age
As autonomous software does more, we need to focus on how to control its behaviour and establish accountability
Serbia’s ex-president Vučić concedes defeat to Student List
Parliamentary election loss marks a dramatic fall from power for strongman as near-record turnout favours grassroots party
Boeing shares slump as planemaker cuts 737 jet delivery target
Stock falls 10% after chief executive Kelly Ortberg admits group is behind schedule in production of airliner
Blackstone cuts property valuations as higher rates hit returns
Group’s president Jonathan Gray says rising market volatility stalled a quick return of cash to investors through IPOs
Websites taken offline in race to patch PHP security flaw
Government security agencies warn companies to take immediate action after AI uncovers widespread vulnerabilities
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
Tech stocks gain as AI trade revives
Asia follows Wall Street higher in wake of Anthropic’s long-awaited IPO filing
‘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
No wars and no inflation: Has Trump delivered on his big promises?
The US president swept to victory two years ago pledging to fix the economy and close the border. Here is the FT’s scorecard.
Which G7 economy is the profligacy poster child?
Among the group, France and the US are heading into a wall
Australian iron ore miner warns of production slowdown without China deal
Fortescue says operations ‘may be affected’ by talks with state-backed commodities buyer
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
Luxury groups’ value drops by €250bn as Chinese consumer demand fades
Slowdown in China and cooling global stock markets are exacerbating a downturn for European sector
Musk sets lower sales target for Tesla as it explores SpaceX merger
Carmaker reports flat revenue and falling profits as it pivots from electric vehicles to AI
Meta plans $95bn stock offering to bankroll AI expansion
Chipmakers Nvidia, AMD and Broadcom will act as cornerstone investors
GM aims to leapfrog rivals with new generation of autonomous cars
Detroit automaker’s chief product officer Sterling Anderson plans to put fully self-driving private autos on the road by 2028
SK Hynix profits soar amid roaring AI chip demand
South Korean group posts better than expected operating profit for third quarter and announces stock buybacks
Winter arrives in markets
Bonds and stocks tell the same chilly story
Polymarket’s top trader is sports gambler ‘Swiss Tony’
FT analysis shows biggest winners on prediction platform are a mixture of long-shot bettors and high-frequency traders
Why even America’s ‘haves’ are feeling the squeeze
Rising costs everywhere from insurance to lawn care mean almost half of US homeowners lack financial breathing room
Trump, Netanyahu and the politics of escalation against Iran
Electoral defeat for the leaders of Israel and the US may not stand in the way of plans for a renewed assault
Inside Trump Jr’s Mongolian hunting trip with a Kremlin-linked businessman
Remote August rendezvous highlights remarkable ties between the US president’s son and a Russian close to Vladimir Putin
Trump accused of ‘manipulating’ Catholic bishops for political gain
Archbishop of Milwaukee says White House exploited clerics in Oval Office photo
Xi gathers China’s top cadres with focus on discipline
Central committee meeting to be closely watched ahead of party congress next year and leader’s expected fourth term
Gadi Eisenkot, the Israeli ex-military chief challenging Netanyahu
The grizzled 66-year-old who heads the centrist Yashar party is in a knife-edge race to oust the premier
Intelligence memo warns Iran plotting to kill Americans in Middle East
Warning says plans against US citizens have reached ‘advanced stages’ as tensions rise again in region
US is prepared for long stand-off with Iran, says Trump envoy
Mike Waltz warns Tehran it must reach a ‘meaningful agreement’ on its nuclear programme
Oil hits $117 for first time since April on fears of flare-up in Iran hostilities
Rise in energy prices pushes US inflation expectations higher
A half-time scorecard for Trump-world
Monetising America has pleased tycoons but not citizens
US nuclear revival faces scrutiny after incidents at flagship plant
Michigan reactor restart is delayed as Trump administration champions nuclear energy to meet booming AI power demand
The right’s obsession with ‘civil war’ in Britain
Many of those stoking fears of bloody unrest don’t actually live in the country
The limits of Trump’s trade war
Economies like Mexico are being forced to choose sides on trade
Europe’s moderates must stop treating politics as a spectator sport
While centrists have retreated to myriad bubbles, extremists turn up, join up and organise
Republicans head into midterms with huge spending advantage
Filings show the party and its affiliated groups have amassed a big war chest but polling favours Democrats in many races
Airfares will not return to pre-Iran war levels, American Airlines warns
Some industry chiefs say travellers should expect a further rise in ticket prices next year
Trump’s tourism push fails to lure visitors
Number of tourist arrivals in US continues to drop following football World Cup