011 Modello 3

Sanctions and seizures: Trump turns up the heat on Venezuela

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

Decision eases concerns that central bankers aligned with the US president would block them remaining in their roles

Government changes lay groundwork for contentious reforms expected next year

Tycoon had been applauded by supporters when he entered Manhattan courtroom

Also in today’s newsletter: Oracle shares sink over data centre spending concerns, and Taiwan probes leaks of vital chip tech

Activewear company has struggled this year with impact of tariffs and a tough consumer environment

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

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

Larry Ellison’s company raises its capital expenditure forecast as it doubles down on AI infrastructure bet

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

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

Markets had an incredible year. Can that continue?

Government subsidies that lower premiums for 22mn Americans will expire on December 31

María Corina Machado quietly backs US pressure on Maduro regime after emerging from hiding for Nobel Peace Prize

Joint venture would have brought together two of Europe’s biggest investment groups

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

Analysis reveals how cheap text message verification fuels global influence and manipulation campaigns

Former Nato leader on the future of the transatlantic alliance

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

Cars will be hardest hit by move, which comes ahead of crucial renegotiation of US-Mexico-Canada trade pact

Whether Netflix or Paramount wins, creatives are likely to lose

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