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The Latest Breaking News from FT

British businessman jailed after ‘taking phone to Himalayan yoga retreat’

Oil executive spent one week in jail

The Independent UK

How Elon Musk became a powerful player in geopolitics

Private space companies are meeting — and often exceeding — the capabilities of governments.

Axios

Conservatives defend DeSantis after story claims he used to pronounce Thai like ‘thigh’ to test dates

The Financial Times profile quotes a story relayed by a Yale classmate of the Florida governor’s

The Independent UK

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Glitz and Gladwell: the infighting over prized JPMorgan wealth clients

Author of ‘The Tipping Point’ calls on Jamie Dimon to intervene in tug of war for rich customers

Financial Times

Johnson returns from holiday to plot route back to Number 10

BORIS Johnson has returned to the UK to plot a bid to return as prime minister in a move that has divided opinion even among former allies – after…

The National (Scotland)

Rishi Sunak gains valuable ally in likely bid for No 10 - as Boris Johnson backers challenged over claims he's reach magic number

It comes after Mr Johnson returned to the UK to plot a bid to rerun for the top job in a move that has divided opinion among Conservative MPs, including his former allies

Manchester Evening News

‘Surely … not again’: what the papers say about Johnson and the Tory leadership race

Former PM Johnson and ex-chancellor Rishi Sunak dominate front pages as the contest for the Conservative party’s top job intensifies

The Guardian - AU

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Venezuela opposition consider ditching Guaido-led interim government -FT

Venezuela's opposition parties are considering a plan to wind up the country's U.S.-backed interim government led by Juan Guaido, the Financial Times reported on Thursday, citing a senior figure in the opposition alliance.

Reuters

‘Be careful what you wish for’: Suella Braverman mocked after resignation

Jokes at home secretary’s expense came thick and fast on social media after her departure

The Guardian - UK

New European Super League relaunch date could put pressure on Chelsea, Arsenal and Tottenham

The European Super League have appointed a new Chief Executive to help get the competition off the ground once again, after the previous incarnation was vetoed following supporter protests

Football London

Bank of England pushes back start of gilt sale to November 1

It came after the central bank earlier denied a postponement of plans to start selling government bonds.

The Independent UK

Bank to start selling £80bn of UK government bonds from next month

Start date put back by a day to avoid clash with chancellor’s announcement of debt-cutting plan

The Guardian - UK

British PM Truss vows to carry on as her party support dwindles

British Prime Minister Liz Truss warned of tough times ahead after she scrapped her vast tax-cutting plan and said she would carry on to try to put the economy on a stronger footing, defying calls for her resignation.

Reuters

‘Time’s up’: what the papers say about Liz Truss and her fight to stay prime minister

Turmoil in Tory party takes centre stage after unconvincing moves by an unrepentant Truss to fix her policy crisis

The Guardian - AU

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The National (Scotland)

Jack Monroe comes out swinging for Nicola Sturgeon in 'detest Tories' row

THE Tories have been whipping themselves into a frenzy after Nicola Sturgeon said she “detested” everything they stood for ...

Financial Times

Whistleblowers accuse EY of whitewashing suspicious trades at longstanding client

Two trades created for a workers co-op and a mystery €120,000 payment are central to internal row at Leonteq

Benzinga

After Elon Musk Supports Ukraine With Starlink, New Report Questions Recent Outages

The ongoing war between Russia and Ukraine has seen opinions from many people around the world, and one voice that has gained traction is Tesla Inc (NASDAQ:

Evening Standard

Who is Annie Ernaux? Five things to know about the Nobel Prize in Literature winner

“In France, literature is a man’s world,” the trailblazing Nobel Prize winner once said

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news in one place.

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Benzinga

Alibaba, Nio, EV Stocks Fall: Hang Seng's Wednesday Rally Proves A Farce As Index Tracks Weaker Wall Street Close

Hong Kong stocks opened in the red on Thursday after Wall Street indices lost steam following a two-day rally. The benchmark Hang Seng lost 0.52% in opening trade.

Financial Times

Chaos and Kanye West at Paris Fashion Week

The musician’s show proved controversial — but away from the drama, many designers seemed adrift

The Hindu

Cloud over 200 additional Foreigners’ Tribunals, in Assam

Assam government has decided not to extend the term of the members appointed for these tribunals to handle cases related to the National Register of Citizens.

The National (Scotland)

Bank of England takes emergency action as UK enters 'financial crisis territory'

THE Bank of England has been forced to intervene in an attempt to avoid a full-blown financial crisis after Liz Truss’s government announced…

Reuters

Soaring power costs leave Slovakia economy at risk of collapse, PM tells FT

Slovakia's Prime Minister Eduard Heger said that soaring electricity costs had left the country's economy at risk of "collapse", the Financial Times reported on Wednesday.

Benzinga

Asian Bloodbath Continues: Alibaba, XPeng Shed 2%, Yuan Hits Weakest Levels Since 2008

Hong Kong shares opened lower on Wednesday, with the benchmark Hang Seng slipping 2.5%, taking cues from the S&P 500 which fell deeper into the bear territory after hitting a near two-year low. The Chinese yuan hit its lowest level since 2008 and was trading at 7.2296 against the dollar…

Benzinga

Alibaba, JD, Nio Mixed: Hang Seng Muted As Investors Await Cues, Gloomy World Bank Forecast For China Weighs

Hong Kong stocks opened mixed on Tuesday, with the benchmark Hang Seng Index edging 0.05% lower and investors searching for cues, as global markets continued to bleed in the aftermath of the U.S. Federal Reserve’s aggressive rate hike and projections.

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