French PM offers to freeze Macron’s pension reform until 2027
Sébastien Lecornu hopes concession will suffice to secure left’s support
WPP boosts AI marketing with $400mn Google deal
Access to Gemini and video generator Veo will allow for faster campaigns following Cindy Rose’s first move
GM takes $1.6bn charge to scale back electric vehicle production
Trump administration’s cancellation of tax credits for battery-powered vehicles expected to reduce demand
Oil tumbles to five-month low on report of ‘large surplus’
Brent falls as much as 3% on IEA report of recent build-up in shipments
Bessent slams China: ‘They want to pull everybody else down with them’
US Treasury secretary tells FT that Beijing’s export controls are ‘a sign of how weak their economy is’
Cameroon opposition leader claims victory in bid to unseat world’s oldest president
Issa Tchiroma Bakary cites unofficial exit polls to declare landslide win over 92-year-old Paul Biya ahead of official results
Johnson & Johnson to spin off orthopaedics division
Split of unit making knee and hip replacements comes as US healthcare group seeks shift to higher-growth areas
The paradox of the resilient, fragile global economy
A new IMF report exaggerates the gloomy economic backdrop, but there are valid reasons for policymakers to be glum
Trump hails ‘historic dawn’ in Middle East after signing ceasefire deal
Plus, Zelenskyy will return to White House to meet Trump for third time this year
UK risks higher inflation becoming entrenched, IMF warns
Bank of England should not lower interest rates before price pressure shows signs of easing, says chief economist
AI investment boom shielding US from sharp slowdown, says IMF
Fund upgrades outlook for global growth but warns latest trade tensions between Washington and Beijing are a concern
Frank Bisignano’s great(ish) escape
Doing the Fiserv swerve
BlackRock’s assets surge to $13.5tn
World’s largest asset manager surpasses $5tn on its iShares ETF platform
Credit Suisse bondholder wipeout was unlawful, court rules
Watchdog did not have proper basis for decision to write down SFr16.5bn of AT1 debt as part of rescue deal, judges find
Germany to allow retirees to earn €2,000 a month tax-free
Chancellor Friedrich Merz seeking to reignite economy and address challenges of a shrinking workforce
Submit your questions to Chris Giles: As governments tighten their belts, what could that mean for me?
Take part in a live Ask an Expert Q&A with the FT’s economics commentator on Thursday October 16, at 1pm BST
US weight-loss biotech’s $600mn fund raise signals China’s role in drug trials
Clinical studies can be finished faster and cheaper than in US and provide an earlier sign of a drug’s potential
Migrant who threatened Farage sentenced to 5 years in prison
Afghan national Fayaz Khan threatened to kill Reform leader in a TikTok video
Russia accuses Mikhail Khodorkovsky of plotting coup
FSB launches fresh criminal case against former Yukos oil magnate and 22 other dissidents in exile
Israel kills several Palestinians in Gaza strikes
Attack on Gazans inspecting homes comes days after fragile ceasefire goes into effect
JPMorgan takes $170mn hit from collapse of Tricolor
Bridge: Declarer’s plan is obvious; are you ready to thwart it?
You must be ready to make unusual key play; prepare to exude disinterest
English National Opera’s Albert Herring delights in Britten’s quick-witted music
Spartan staging of the comic chamber opera is well played and sung but struggles to fill the London Coliseum
Italy deploys army ahead of Israel football match
Thousands of Italians expected to protest Israel’s participation in World Cup qualifiers