Trump says US pulled bombers from UK after ‘threats’
Washington and London have suggested Iran was involved in a recent incident near RAF Fairford base
US affordability tracker: the data that could decide the 2026 midterm elections
The FT is tracking changes to the cost of living that will affect American voters
‘Very sensible’: Business warms to Badenoch’s pitch
Executives left unconvinced by Andy Burnham’s plans are signalling that they are prepared to give the Tories a second chance
FirstFT: Sanae Takaichi attempts to soothe markets over Japan’s spending plans
Also in today’s newsletter: David Ellison sticks with Mark Thompson as CNN boss and Citi speeds up promotion path for junior bankers
Tories pledge ‘Britannia Shield’ to protect UK from drone attacks
A planned network of radar, command and control systems and interceptor missiles would strengthen defences against aerial threats
Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic
Syndication of the massive financing package tests lending appetite amid growing concerns over mounting AI debt
McKesson and CD&R near $5bn-plus deal to buy infusion services provider
Acquisition of Option Care Health would be the latest buyout of an undervalued healthcare services company
Brazil’s markets surge as investors bet on Bolsonaro win
Rightwinger seen as more likely than current president Lula to enact quick spending cuts
Submit a question: What is driving the global bond sell-off?
Alphaville editor Robin Wigglesworth and senior markets correspondent Ian Smith will answer reader questions in a live Q&A on Thursday October 8, at 1pm
When a label costs you $4bn in market cap
Liquidia feels the pressure
Reflection AI boosts US ambition to compete with Chinese ‘open’ models
Start-up claims new model Beam is on par with leading Chinese competitor as battle with Beijing intensifies
Former prince Andrew seeks judicial review of police searches
Younger brother of King Charles will this week ask UK court to rule warrants were unlawful
Tories pledge big tax cuts in push to win over wealthy voters
Kemi Badenoch heralds ‘morally right’ plan to cut inheritance tax while shadow chancellor vows to cut mansion tax
Big Oil goes to US Supreme Court over pivotal climate damages claim
ExxonMobil and Suncor Energy look to the high court to block state action
Brazil’s Bolsonaro comeback exposes Lula’s weakness
Incumbent’s fading appeal has opened the door to a family revival in Brazil
Trump poised to ease red diesel limits in attempt to quell fuel inflation
US president expected to announce move during trip to agricultural state of Nebraska
TotalEnergies boss hails ‘opportunities’ created by global market turmoil
Patrick Pouyanné says he prefers ‘disruption to the peaceful world’ despite French major being among those most affected by Middle East conflict
Schneider’s bet on a new world clashes with finance’s old rules
It is harder to be good at many things than one — and branching out into software leaves the stock exposed to AI threats
French central bank head warns country at risk of being ‘strangled by interest rates’
Emmanuel Moulin says France can still reassure bond investors despite ‘serious and worrying’ market moves in recent days
And the charts quiz winner is…
Hat’s on
Germany and France agree on last-resort tool against trade threats
Berlin agrees on ‘second-strike weapon’ to deter threats over key supplies such as Chinese rare earths and magnets
A History of the Novel in Britain — an epic journey through the good, the bad and the unreadable
Philip Hensher’s vast survey of fiction from Dickens to Ishiguro is invigorating, obsessively well researched and amusingly nitpicky
Citi to speed up promotion path for junior bankers as hiring war heats up
Length of investment banking analyst programme to be cut to two years to try to stave off poaching of young workers by private equity
Euro slides to 17-month low against dollar
High energy prices and concerns over France’s public finances add to pressure on the single currency