Washington shifts its campaign against Nicolás Maduro as its attacks on alleged drug smugglers come under legal scrutiny

‘International Manager’ programme closed to new recruits as CEO Georges Elhedery reshapes Europe’s largest lender

FT investigation sheds light on Wirecard fraudster’s activities in north Africa and shadow life as a Russian agent of influence

SpaceX, OpenAI and Anthropic will break new ground — potentially with the scale of their losses

Figures for September raise hopes that GDP growth in third quarter was stronger than forecast

The database company’s stock looks like a leveraged bet on OpenAI being able to meet its long-term promises

US proposes ‘compromise’ option of demilitarised buffer that excludes both Ukrainian and Russian forces, says Kyiv

An entirely subjective list of shareholder primacy, management hubris and value destruction

Leaders of Germany, France and UK hold ‘detailed’ call with Donald Trump about latest draft of peace plan

Deal forms part of broader tie-up for media group’s intellectual property to feature within ChatGPT maker’s products

There’s a lot of enthusiasm over what is increasingly seen as the next big frontier in computing

Lenders concerned they could be at significant risk of potential lawsuits from Moscow

Labour will need a different leader if it pursues a policy of rejoining the EU customs union or single market

Trial results are a boost to US pharmaceutical company’s booming obesity business

Cheaper generics will be allowed on to market a year earlier to curb costs

Beijing and several European countries hold up deal to exempt US multinationals from OECD tax regime

Neobank wants to put its £12bn of deposits to more profitable use

Blue-chip index rises as investors shift away from big-name tech stocks

Known as the Donbas, the region has become the fulcrum of fraught US-led diplomacy to end Russia’s full-scale invasion

Nik Storonsky is demanding and disruptive but he is building a world-leading bank

How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing off billions of dollars

Companies and industries divided over bloc’s ‘Made in Europe’ plans

Modelling by independent body Neso forecasts sharp fall in expenditure from 10% of GDP as shift to renewables continues

Oil price jumps as Washington piles pressure on Nicolás Maduro’s regime