Business

Stay informed with free updatesSimply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox.Profits at ExxonMobil and Chevron fell in the third quarter as lower commodity prices and weaker refining margins outweighed the US oil groups’ soaring production, mirroring hits to their European…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK borrowing costs climbed on Thursday, touching their highest levels of the year, as bond investors worried about the additional borrowing that chancellor Rachel Reeves set out in the Budget.The yield on…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Alphabet’s profit jumped 34 per cent in the third quarter as the parent company of search giant Google reported strong growth in its cloud business amid robust demand for computing and data…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseHere is the thing about Donald Trump’s neofascism, ethnonationalism and the threat he poses to democracy: however you label his prejudices, US voters who do not have an opinion…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.No company wants a ban on their products. But a decision by Indonesia’s government to block Apple from selling its latest iPhone 16 devices in south-east Asia’s largest economy is far from…

Iran’s supreme leader Ayatollah Ali Khamenei has signalled a measured response to Israel’s attack on the Islamic republic rather than an immediate reprisal as Tehran tries to balance domestic expectations with the risk of escalating regional conflict. Speaking a day after Israel launched three waves of strikes on Iran, Khamenei…

Welcome back. At the heart of European economic policymaking, there’s a problem that cries out for a solution. On one hand, EU governments need to keep their budget deficits and public debts under control. On the other, they need to spend large sums on defence, infrastructure, clean energy, digitalisation and…

Early in our lunch I ask the sinologist Li Cheng what comes to his mind when he closes his eyes and returns to the Cultural Revolution. The answer snaps back at me: “Violence.”Li was born in 1956, the youngest of seven children in a wealthy Shanghai family — a deadly…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.China’s coastguard has entered a stand-off with its Indonesian counterpart in the southernmost reaches of the South China Sea as it attempts to enforce Beijing’s expansive territorial claims.Indonesia’s Maritime Safety Agency, or…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump has filed a legal complaint against the UK’s ruling Labour party, alleging “illegal foreign campaign contributions and interference” to help Kamala Harris in the US presidential election.…

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