The Latest Breaking News from FT

Is tomorrow’s referendum vote Canada’s ‘Brexit Moment’?

SOME have called it Canada’s “Brexit moment”. Even prime minister Mark Carney himself last week compared it to the vote that saw the UK leave the European Union.

The National (Scotland) · Oct 18

What is Starlink and why is it so important for Ukraine?

Elon Musk says the United States owns and controls the military-grade version of Starlink, which both Ukraine and Britain use

The Independent UK · Oct 15

EU leaders enter crunch talks on energy, China and the budget

Good morning from Brussels, where EU leaders are about to kick off a two-day summit. On their menu today: soaring energy prices, China trade ties and the showdown over the EU’s next long-term budget. Let’s dive in.

Euronews · Oct 15

HSBC reportedly planning ‘brutal’ job cuts in UK wealth management arm

The bank is in the middle of a consultation period over the proposed changes, the Financial Times reported.

Evening Standard · Oct 7

London stocks up as soft US jobs report eases rate fears

The FTSE 100 index ended up 33.68 points, 0.3%, at 10,461.95.

Evening Standard · Oct 2

EU watchdogs question Binance over unlicensed European operations

European regulators are questioning Binance over its use of a narrow legal exemption to keep serving EU customers without a licence, the Financial Times reported. Binance told Euronews it is working towards authorisation, while ESMA said enforcement is a matter for national authorities.

Euronews · Oct 1

Anthropic flags AI’s ‘existential risks to humanity’ as it seeks over $2 trillion valuation

Anthropic is preparing for a Nasdaq listing amid concerns about AI's impact on humanity. The company highlights potential risks including manipulation and unpredictable behavior from advanced AI. Significant financial details are disclosed, revealing an anticipated $518 billion in future infrastructure spending. Despite operating losses, revenues have surged to $11.5 billion…

The Economic Times · Sep 29

European Union vows to defend its stand against X after the US backs a court challenge from Elon Musk

The European Union imposed a significant fine on social media platform X for regulatory violations. Following this, the U.S. government expressed support for Musk's legal efforts to dismiss the fine. The European Commission emphasised its right to enforce legislation aimed at protecting citizens. This situation has escalated tensions between Brussels…

The Economic Times · Sep 25

OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?

Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a massive New Mexico AI data centre project. The development triggered financing concerns across AI infrastructure, sending OFSS stock to a nine-week low of Rs 10,332 on the NSE.

The Economic Times · Sep 25

'MBS will not forget': Ex-US official warns Trump's Houthi stance has irked Saudis

Saudi Arabia has asked the US to carry out repeated air strikes against the Houthis, according to a person familiar with the discussions. Washington has so far declined, leaving Riyadh to confront an expanding threat largely on its own. The hesitation is particularly significant for Crown Prince Mohammed bin Salman,…

The Times of India · Sep 23