ConnexionSaudi Arabia’s wealth fund retreats from international investments
Public Investment Fund will focus more of its financial firepower on domestic projects
Vue lecture
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase
Lebanon says Israeli strikes killed at least 60
Wave of bombardment targeted areas where Hizbollah holds sway
The Magnificent 7: place your bets
And the sustainability of US growth outperformance
Saudi wealth fund brings era of easy money to an end
Once considered a cash cow by dealmakers, PIF has slowed spending on global investments, bankers say
China loses third of billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune
Private equity eyes a deal with Reeves on UK carried interest
Labour’s agenda highlights tension between raising taxes and courting internationally mobile financiers
Spanish growth soars as Eurozone stumbles
Boosted by investment, immigration and tourism, Spain’s economy is set to record better growth than even the US
From fantasy to Freud, Bloomsbury’s independence has worked
UK publisher has broadened revenues beyond its bestsellers JK Rowling and Sarah J Maas
Poland tells Ukraine to exhume second world war victims even amid Russia’s invasion
Foreign minister says Kyiv and Berlin should act on Warsaw’s historic grievances
One week to go: what is the state of the US presidential race?
Trump and Harris are fighting the most volatile and unpredictable White House contest in living memory
Why Europe’s car crisis is mostly made in China
The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at home
MPs sponsored parliamentary security passes for working lobbyists
FT found that three people did not have their roles disclosed in register of interests
Heritage Foundation: the rightwing ‘Project 2025’ think-tank banking on Trump
Republican candidate now seeks to distance himself from controversial group and its manifesto
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest rates
Data centres could be a source of heat for European cities, says Danfoss boss
Danish executive calls for clear regulation for green transition to avoid the continent’s companies being ‘left on the platform’
Lib Dems lean to the right on tax proposals ahead of Budget
Party opposes expected government moves on stamp duty and private schools that would hit many of its wealthier voters
HSBC chief says east-west division will not lead to ‘any split’
Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour laws
Bezos defends decision to block Washington Post’s endorsement of Harris
Billionaire owner denies intervention was part of deal with Donald Trump
Chile’s leftwing government hit by rape scandal
President Gabriel Boric’s flagging popularity falls further amid allegations against his former security secretary
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdown
