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The Latest Breaking News from FT

Scottish artist's painting to provide backdrop for museum after major refurbishment

THE Golden City was first commissioned by Glasgow Airport in the late 1990s to provide an uplifting image of Glasgow to those embarking on…

The National (Scotland)

3 Reasons I Like Brookfield’s Unusually Active Put Option

With hours left in a tough week for the markets and stocks, Brookfield Corp’s unusually active put option intrigues me. Here’s why I like it.

Barchart

Title: 3 Reasons I Like Brookfield’s Unusually Active Put Option

With hours left in a tough week for the markets and stocks, Brookfield Corp’s unusually active put option intrigues me. Here’s why I like it.

Barchart

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OPINION - Bluesky is refreshing after Twitter’s disinformation hell, but I do miss the drama

I had never been a member of an underground movement before. I’d seen films, of course, which made getting involved look both risky and somewhat tedious. But the funny thing about desperate measures is that, by the time you take them, they often seem like the only reasonable course of…

Evening Standard

Explained | The allegations on Adani coal imports

Adani Group accused of importing coal at inflated prices; denies allegations. FT report based on 30 shipments of coal from Indonesia to India over 32 months. Prices declared to custom officers in India far higher than corresponding export declarations. Three middlemen supplied coal to Adani at substantial premium to market…

The Hindu

Former Boris Johnson adviser jumps ship to help boost Labour’s business plans

Iain Anderson quit the Tories after 39 years of membership and switched to Labour, claiming the Conservative Party was ‘not the party it used to be’

The Independent UK

FT exposé on Adani Group ‘inflating fuel costs’: Not quite front-page news in India

On October 9, the Adani Group warned of an upcoming exposé on its operations by Financial Times – a “renewed attempt” to “rehash old and baseless allegations to tarnish the name and standing of the Adani Group”.

Newslaundry

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JP Morgan CEO warns world may be facing most dangerous time in decades – business live

Jamie Dimon says war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships

The Guardian - UK

New exposé around the corner? Adani Group slams Financial Times for ‘next attack’

Perhaps preempting a new story on its operations, the Adani Group issued a statement yesterday lamenting a “renewed attempt” by the Financial Times “to rehash old and baseless allegations to tarnish the name and standing of the Adani Group”.

Newslaundry

Alibaba’s Belgian hub is being monitored over ‘espionage’ concerns, report says

A representative for Alibaba told Fortune it strongly denied the claims "based on prior conjecture."

Fortune

WTO slashes world trade forecast as manufacturing slowdown bites – as it happened

Rolling coverage of the latest economic and financial news, as WTO warns that global economic fragmentation is hurting trade growth

The Guardian - UK

IMF Head Backs Reforms To Increase China’s Voting Power

IMF's Georgieva supports giving China more voting power amid global economic changes.

Zenger

Iranian officials mulling over use of AI to issue fatwas

‘Robots can’t replace senior clerics, but they can be a trusted assistant that can help them issue a fatwa faster’

The Independent UK

Putin oligarch says Russia has weathered sanctions after 'way less' than 30% of the economy collapsed

Oleg Deripaska admitted Russia cannot achieve its objectives, but warned Ukraine would not repel his country's invading forces from its land either.

Fortune

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Evening Standard

Financial Times returns to profit despite print circulation cut

The FT said it had “work to do in relation to race” after a rise in senior ethnic minority employees quitting the firm and an increase in its ethnicity pay gap

Fortune

Lego’s big plan to make bricks out of recycled plastic bottles would have actually made emissions worse

The company's CEO told the FT the equipment needed to create climate-friendly RPET would have been more harmful than keeping its oil-based bricks.

Fortune

Beer could run low as climate crisis decimates Europe’s barley crops, warns the CEO of Japanese brewer Asahi

Barley supplies could shrink by as much as a quarter in major exporters in a worst-case climate change scenario, Asahi CEO Atsushi Katsuki told the FT.

The Guardian - UK

Oil hits $95 per barrel; CBI postpones annual meeting amid ‘cashflow challenges’ – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits 10-month high and CBI puts annual meeting on hold amid financial woes

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news in one place.

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The Guardian - AU

Russia-Ukraine war: Russian lines breached, says Ukraine; Zelenskiy to meet Brazil’s president – as it happened

Capture of Andriivka and Klishchiivka has meant breaking Russia’s defensive line, Ukraine general says; presidents due to meet at UN summit

The Guardian - UK

Farhad Moshiri plots exit after ruinous reign but Everton’s future still unsure

777 Partners is in line to replace the current owner but the Americans have a reputation of not improving their other clubs

The Guardian - UK

Tory party ‘acted swiftly’ to block would-be MPs after MI5 warnings

Party removed two people from candidates list after MI5 warned in 2021 they could be Chinese spies

The Hindu

IIMK secures place among top B-schools in Financial Times global ranking

.IIMK achieves remarkable milestone by securing 77th position globally in FT Masters in Management Ranking 2023; 10th in Asia & 4th among all IIMs. Criteria considered include graduate salary, salary increase, value for money, career progress, female faculty & students. Director credits success to faculty & staff's dedication & passion.

The Guardian - UK

Origin City, London: ‘A nose-to-tail ethos’ – restaurant review

As Smithfield meat market gets ready to close, a superb new meat-led restaurant opens up its doors

Newslaundry

Journalists from G20 nations discuss press freedom challenges: Collaboration, arrests and business models

Days ahead of the G20 Summit in New Delhi, journalists from several participating countries joined a virtual event to discuss several issues pertaining to the news media, to remind G20 leaders that “press freedom also matters”.

Evening Standard

Labour’s Rachel Reeves heckled for ruling out tax rises for the rich

The shadow chancellor got a rowdy reception from the FT crowd

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