UK inflation falls to 3.6% in October
Figure strengthens case for Bank of England rate cut next month
Singapore’s Temasek warns weak US dollar is hitting returns
Chief executive Dilhan Pillay says fall in greenback a ‘big issue’ for overseas investors
WHSmith boss resigns after probe flags US accounting mis-steps
Carl Cowling steps down with immediate effect as retailer prepares to restate earnings
Japan’s 10-year bond yields at highest since global financial crisis
Bond prices fall amid concerns over the prime minister’s plan for a fiscal stimulus
FTAV’s further reading
Nuzzitwist; Schadenfreude Tower; Andrew Tate; Google;
Time for anti-tech stocks
Staples are utterly hated, not that cheap and suddenly interesting
Brothers’ little helper: why are investors losing faith in Pharmanovia?
Junked debt, management churn, botched accounting and family ties have spelt trouble for Basildon’s leading drugmaker
Donohoe’s resignation sparks fresh race to lead Eurogroup
Also in this newsletter: Zelenskyy talks with Erdoğan in attempt to reinvigorate peace efforts
FirstFT: Iranian nuclear experts made secret Russia trip
Also in today’s newsletter, Musk at White House dinner and market braced for Nvidia earnings
Transcript: What’s the deal with OpenAI’s deals?
Michela Tindera talks to Tabby Kinder and George Hammond
Transcript: Brussels sprouts critical minerals plan
Marc Filippino speaks to Alice Hancock and Leslie Hook
Dangerous toys still sold online in Europe, survey finds
Baby rattles and dolls bought on Temu and Shein pose health risks for children, annual report from industry group warns
Elliott’s newest gold mine
Plus, the market weighs in on Oracle’s massive AI bets and AkzoNobel makes its play to build a $25bn paint empire
Europe’s battle for control of its money
Banks fear ECB plans for a digital euro will undermine a European alternative to Visa, Mastercard and PayPal
Hedge funds’ bets on Argentina pay off after US bailout
Emerging market and distressed debt specialists post big returns after US support and electoral win boost Buenos Aires
EU risks decimating its cobalt industry with new safety rules, business says
Glencore and Umicore among companies saying rules risk reinforcing dependence on China for crucial metals
Italy to define non-consensual sex as rape
Rare bipartisan effort by Giorgia Meloni’s coalition and opposition to ease prosecution of sexual assault
For scientists, the right questions are often the hardest
The most difficult problems can nurture the most talented researchers
The American exceptionalism trade is wobbling
It falls to Nvidia to make or break the market mood for the rest of the year
Global crypto rules for banks need reworking, says Basel chair
US and UK refuse to implement requirements for a risk weighting of 1,250 per cent for stablecoins
Wimbledon debenture tickets set to secure exemption from UK resale crackdown
Organisers of the tennis tournament warned that a price cap would damage its funding model
Trump’s power play in Latin America
Long neglected in Washington, the region is key to some of the president’s priorities, including halting illegal migration and limiting Chinese influence
This rare Fabergé egg was thought lost for decades — now it could break auction records
Christie’s is offering “The Winter Egg” of 1913, carved out of fragile rock crystal for the Romanovs, for more than £20mn
Recipe: This crab tart is perfect for festive season catch-ups
Brandy, saffron and cream hint at Christmas without being full-blown Christmassy