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The Latest Breaking News from the Financial Times

UK politics latest: Sue Gray ‘rejects’ new role as Starmer makes huge emissions pledge at Cop29

The former chief of staff had been offered the role as envoy to the nations and regions

The Independent UK

Trump Invites Elon Musk to Join First Phone Call with Ukrainian President In Stunning Preview of the Billionaire's Future Influence

The SpaceX CEO reportedly said during Trump and Zelenskyy's approximately 25-minute phone call that he would continue to provide use of his Starlink satellites.

Latin Times

RFK Jr. could play a big role under Trump—and Big Pharma is sounding the alarm

One senior executive from the healthcare sector told the Financial Times his influence on policy would be “awful on a lot of levels."

Fortune

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Throw the Bums Out

A wave of anti-incumbent sentiment is sweeping major democracies, as establishment parties run out of ideas that voters like.

Reason

‘What have they done…Again?’: What the UK papers say after Trump’s momentous political comeback

Donald’s Trump extraordinary victory in divisive elections in the US dominated the UK papers on Thursday, as the world grapples with Trump 2.0

The Guardian - AU

What the papers say – November 4

The fallout from the Budget continues to feature heavily on the front pages of Monday’s newspapers.

Evening Standard

NHS £22.6bn funding boost in England ‘not enough’, warn health experts

The chancellor’s budget spending increase will largely be absorbed by pre-existing plans, says top thinktank

The Guardian - UK

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British Airways Suspends New York-London Gatwick Flights Until March 2025 Amid Engine Supply Delays

British Airways has cancelled all flights between New York and London Gatwick from December 12 until March 2025 due to significant delays in receiving Rolls-Royce engines, affecting hundreds of travellers and prompting alternative travel arrangements.

International Business Times UK

Budget 2024: Homeowners 'to be hit with high mortgage bills for longer' as Rachel Reeves borrows billions

The Chancellor is also set to announce a string of tax rises in the Budget on October 30

Evening Standard

Nikon looks to sell chip-making tech to new global markets outside China

The Japanese giant is looking to the wider world to market its semiconductor manufacturing tools, as well as diversifying into other high-tech areas

Digital Camera World

Global economy faces ‘anxious times’, warns IMF; Reeves says stability fiscal rule will mean higher taxes – as it happened

People don’t feel good about economic prospects, admits IMF chief Kristalina Georgieva

The Guardian - UK

What the papers say – October 23

A wide range of stories feature across Wednesday’s front pages.

Evening Standard

Edoardo Mapelli Mozzi Reveals Why He's Rarely at Home With Pregnant Wife Princess Beatrice

They're currently expecting their second child together.

Marie Claire

Trillion-Dollar Company Meta Fires Employees Who Used $25 Meal Credit to Buy Groceries Instead: 'Surreal'

Meta, a company valued at 1.2 trillion, has allegedly fired employees over their reported misuse of the company's $25 meal credit system.

Latin Times

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Fortune

Meta fires staffer on $400K a year for spending $25 meal credits on toothpaste and tea

Meta employees online alleged the fired staffers spent their in-office meal credits on goods even when working from home.

The Guardian - UK

No 10 rejects claim Labour misled voters about tax plans in manifesto – as it happened

Labour set out plans to raise taxes by £7.3bn in its manifesto – but Treasury briefing suggests £40bn in tax rises and spending cuts needed

Barchart

1 Stock to Buy as AI Data Centers Send Water Demand Soaring

We’ve all heard about how data centers connected to AI are sending demand for electricity soaring. But what has been largely ignored is how these same data centers are driving up demand for scarce water supplies, too. One major beneficiary of this trend is Veralto.

The Independent UK

Trump’s transition team will require ‘loyalty’ if people want to work in possible White House return

Prospectice appointees will be handed roles based on ‘fidelity and loyalty to the policy, as well as to the man,’ Trump transition co-chair says

Get all your
news in one place.

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International Business Times UK

China Demands Teachers Surrender Passports: Shocking Move to Control Travel and Limit Foreign Influence

China has enforced a policy requiring teachers and public sector employees to surrender their passports as part of President Xi Jinping's broader effort to control international travel and limit foreign influence on civil society.

Fortune

Big AI thins out the competition as startups quit the race to build large language models

Character.AI said it’s abandoning its efforts to build LLMs because it’s gotten “insanely expensive” to compete with the big guys.

The National (Scotland)

Labour donor expects honour after bankrolling party, wife claims

THE estranged wife of green energy tycoon Dale Vince has claimed he expects to receive an honour from the Labour Party after giving them millions of…

Louder

Pink Floyd agree to sell music rights to Sony in deal worth 400 million dollars

After years of discussions, Pink Floyd have finally sold the rights to their recorded music

Barchart

Crude Posts Moderate Gains on Dollar Weakness

Nov WTI crude oil (CLX24 ) Friday closed up +0.51 (+0.75%), and Nov RBOB gasoline (RBX24 ) closed down -0.78 (-0.40%). Crude oil and gasoline prices settled mixed on Friday. Short covering emerged in crude oil Friday after the dollar index (DXY00) tumbled to a 14-month low. Crude also had...

Barchart

Crude Prices Slightly Higher on Dollar Weakness

Nov WTI crude oil (CLX24 ) today is up +0.12 (+0.18%), and Nov RBOB gasoline (RBX24 ) is up +0.10 (+0.05%). Crude oil and gasoline prices today are slightly higher. Short covering emerged in crude oil today after the dollar index (DXY00) tumbled to a 14-month low. Crude also has...

Barchart

Crude Prices Retreat on Report of Higher Saudi Arabian Oil Production

Nov WTI crude oil (CLX24 ) Thursday closed down -2.02 (-2.90%), and Nov RBOB gasoline (RBX24 ) closed down -3.93 (-2.00%). Crude oil and gasoline prices Thursday fell sharply, with crude posting a 2-week low and gasoline posting a 1-week low. Crude prices tumbled Thursday after the Financial Times reported...

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