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Breaking news: Anthropic and its backers are planning to raise up to $64bn in its initial public offering, the AI company said as it launches the roadshow for one of biggest Wall Street debuts of all time
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“Anyone who was hoping that Trump would play the role of a lame duck and not an angry one has been put on notice.” Me on Trump going for broke.
Investors have been buying up stocks they believe can shield them from a market downturn, as fears that the AI bull market may be over prompt a violent rotation in global equities
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French supermarket cyber attack delivers chilling warning to Britain | opinion
Oil prices fell below $90 a barrel on Tuesday for the first time since August, after US President Donald Trump said that renewed US attacks on Iran were 'highly unlikely'
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Jordan Bardella, president of the Patriots for Europe group in the European parliament, admitted he prepared for and pictured himself as France's president, despite consistently casting Rassemblement National’s Marine Le Pen as the natural candidate
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The index impact of SpaceX’s record-shattering IPO
Oil falls below $90 as Trump pulls back from threat to strike Iran
Plus, UK defence secretary left open the door to Britain providing more military support to Saudi Arabia in its fight against the Houthis.
“It’s really important that the UK is seen by our friends and allies as a partner that shows up when help is needed . . . We’ll continue to work closely with our friends in Saudi to understand their needs and requirements,” he said.
Streeting added, however, that “what we don’t want to do is get dragged into the war”, and stressed that a “diplomatic resolution” rather than a “military route” was the only way to end the conflict.
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Streeting also warned that the EU’s Made in Europe rules, intended to boost the bloc’s manufacturers, could make Nato “collectively weaker” by undermining economic co-operation.
He urged the bloc not to use Made in Europe to curb British companies’ participation in its weapons purchases, a message he made to Kaja Kallas, the EU’s chief diplomat, and Andrius Kubilius, the EU’s commissioner for defence, in meetings last week.
“We’ve got to hold true to the strength of our alliance through the economic lens as well as the military lens,” Streeting said, also highlighting the impact of “America First” protectionism.
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EXCL: Britain and Russia should seek fresh lines of communication to avert the “risk of miscalculation” arising from Moscow’s “state-sponsored terrorism”, UK defence secretary has urged.
Wes Streeting said in an interview with the @FT: “We have our embassy in Moscow. That is an important channel . . . I would much prefer there to be additional channels too, particularly military-to-military level.”
Speaking out as the UK has fallen behind allies such as France and Germany in its political and diplomatic lines of contact with Vladimir Putin’s regime, he added: “There is always a risk of miscalculation and that’s why having that direct communication is important.”
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VW pivots again as ‘In China, For China’ runs out of road
Top Federal Reserve official considers largest rate rise since 2022
US removes planes from second UK military base after Iran threat
SoftBank posts unexpected $7bn loss as AI bet sours
A recent study has found that 40% of children are turning to AI for financial advice. What have they been asking about money?
Claer Barrett shares her insights on the trend and its implications
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Emphasising the threat posed by Moscow, Wes Streeting said: ‘We have seen over the course of this year numerous examples of what some people call hybrid threats, and I prefer to call state-sponsored terrorism’
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Thames Water creditors prepare ‘final’ offer as Burnham faces nationalisation decision
