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Top Headlines from the UK Edition
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Nigel Farage and Reform UK hit by illicit-funding sting
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| Undercover investigation shows party leader meeting a fake US supporter |
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Volkswagen to slash up to 50,000 jobs in historic restructuring
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| German carmaker’s overhaul could also lead to plant closures as it contends with lacklustre sales and growing Chinese competition |
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OpenAI says it has overtaken Anthropic with its latest AI model
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| ChatGPT maker claims its ‘Astra’ could be considered ‘artificial general intelligence’ |
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Burnham tests the unproven ‘politics of trying’
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| Prime Minister is attempting a different type of conversation with voters to keep them with him as times get tough |
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Fantasy M&A: the recipe for a European champion
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| Seven theoretical tie-ups that could help the continent’s corporate sector compete with the US and China — if regulators, politicians and the public allowed them |
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Top Headlines from the International Editions
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Australian property developer collapse ripples into private credit markets
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| Bathla owed $2.5bn to more than 40 lenders as fallout prompts some international investors to cancel funding deals |
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Milei dials up Argentina’s claim to Falklands
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| Domestic politics, oil drilling and UK-US tensions drive libertarian leader to amp up sovereignty dispute |
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Pig kidneys successfully transplanted into humans
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| Trial in US offers hope for solving organ shortage |
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Star Citadel trader to step down amid tumult in energy markets
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| Chris Foster to leave role at Ken Griffin’s hedge fund after making billions of dollars trading natural gas in Europe |
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‘People are going to get screwed’: Pennsylvania voters unite against data centres
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| Politicians compete to reflect growing opposition to new facilities in the swing state |
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Dear Brits, please save more
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| The UK, like many countries, faces a major pensions shortfall |
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EU enters winter with lowest gas stocks on record
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| Situation could become ‘problematic’, warns gas storage group head |
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Revolut wins provisional US banking licence
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| Office of the Comptroller of the Currency approval is a milestone for UK-based fintech seeking American expansion |
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Blackstone stands firm with cap on private credit outflows
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| Flagship $43bn fund said it was hit with notices from investors to pull 10% of the vehicle’s value in the third quarter |
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Yen surges as traders bet on Japan interest rate rises
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| Currency moves past ¥156 to the dollar after sudden jump overnight |
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Watches and Jewellery: September
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| High-end boom masks divide among Swiss watchmakers; watch fairs mushroom in face of industry gloom; Bvlgari CEO talks women’s watches and creativity in the age of AI; designers latch on to the low-fi 1990s; the jeweller mixing TikTok with tradition; Manchester jewellery makers shine a light on regional craft |
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High-end boom masks Swiss watch industry polarisation
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| Ultra-luxury timepieces now account for three-quarters of the sector’s growth |
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The Riviera set: the local makers carving a niche on the Côte d’Azur
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| The wealthy region brings commercial challenges, so jewellers that offer bespoke services, unusual designs and the personal touch are thriving |
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Ring watches become sign of vintage-focused times
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| The accessory is winning over younger buyers looking for a playful, analogue way to express their style |
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Jewelled handbags move beyond the red carpet
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| This fast-growing category provides a way to work established designs into a fresh product line with a relatively affordable price |
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Nvidia’s $13bn deal cements its $5.5tn advantage
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| It’s an investor, backer, supplier and guarantor for companies its Hugging Face acquisition potentially disrupts |
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Hugging Face attack is a wake-up call about the risks of AI
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| Agents involved in hack exhibited some alarming behaviours including suppressing ethical qualms |
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We need to keep an eye on surveillance pricing
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| Old business practices are being reinvented in our algorithmic age but consumers should not have to haggle with a machine |
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Giorgia Meloni’s enviable stability — and missed opportunity
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| Prime minister marks Italy’s longest continuous government since the war |
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How state control of companies can drive innovation
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| India and China show that if done correctly, the UK’s plans to intervene in some industries could deliver benefits |
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Teaching award: rising to the challenge
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| To help future executive leaders learn effectively about real-world sustainability issues, academics are putting a fresh — often high-tech — spin on traditional courses |
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Business School Debates
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| Topical issues for classroom discussion. This series hosts short case studies on contemporary business dilemmas for professors and students, written by academics who provide insights and questions on themes from supply chains and artificial intelligence, to marketing and accounting |
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Accelerating Business
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| A monthly series that examines how the legal ecosystem uses new technologies to serve fast-changing business needs. This time: Why law firms want their own in-house AI platforms |
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How AI can put out its PR dumpster fire
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| Doomers will say it’s hopeless but here are five ideas to put out the fire |
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Cities on screen: 10 takes on Chicago
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| A cinematic tour of the many sides of the Windy City, with the FT’s film critic |
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