Bond markets rebound after sell-off
US long-term borrowing costs hit highest level in almost 25 years on Tuesday
PwC refuses to sign off Nidec accounts despite $6.3bn charge
Disclaimer is another blow to Japanese auto parts maker’s efforts to draw a line under accounting fraud
FirstFT: Trump holds crunch talks over diesel export ban
Also in today’s newsletter: AI industry moves to thwart data centre backlash and HSBC’s return to its roots
Dangote’s $16bn oil refinery project paused by Kenyan court
Major industrial project is aimed at reducing east Africa’s dependence on imported fuel
UAE-Israel flight diverted after distress signal and 20,000ft drop
Flydubai plane landed in Saudi Arabia after ‘incident’ onboard and Israel scrambled fighter jets
Vanguard warns France is ‘degrading credit’ as borrowing costs surge
Iran war has exacerbated fiscal pressures on Paris as budget battle looms
Burnham’s courageous speech had one striking omission
Prime minister touched some of the most controversial policy areas, but said nothing about Budget or spending review
UK energy price cap forecast to rise to nearly £2,000 as Iran war drives up prices
Household energy bills forecast to see biggest rise in four years between January and March
Ken Griffin donates $3bn to Carnegie Mellon as university plots Miami campus
Record contribution comes as the billionaire seeks to reshape the Florida city to rival the likes of New York and London
Singapore’s Temasek to open first Middle East outposts
Region’s long-term fundamentals remain ‘highly attractive’, says sovereign investor’s chief executive
‘Big names in AI like Kyndryl’
Love me tendril
Greggs to cut 740 factory jobs to save costs
Shares rise as bakery chain raises profit outlook for the year
Burnham says rejoining EU an option for the UK
Prime minister says ‘going all the way’ is an option as government reviews relations with 27-country bloc
UK economy grows faster than first estimated in second quarter
Modest upward revision comes ahead of Budget next month
Salty seas get saltier and world ocean more acidic as heatwaves bring ‘profound change’
Scientists say rapid warming has also led to accelerated sea level rise over the past decade
Singapore taps Nobel-winning algorithm for government dating app
City-state takes matters into its own hands with pilot programme aimed at boosting marriages in fast-ageing country
Midterms and the market
How much will it matter?
FTAV’s further reading
A plug; Manchester City; Micron; AI x wealth; AI x McDonald’s; AI x nukes; credit; and AI agents
The Story of Money with Gillian Tett and Robin Wigglesworth
They say money makes the world go round, but was it always this way? Join Gillian Tett and Robin Wigglesworth on The Story of Money as they revisit the pivotal moments when money shaped history.
EU decarbonisation incentives do not add up, says US chemicals giant
Also in this newsletter: Turkey warns of ‘Made in Europe’ retaliation
Self-fulfilling bank runs just aren’t really a thing
Or, at least, that’s what the data seems to suggest
Political Fix from the Labour Party conference: Hope again?
The main takeaways from Andy Burnham’s Labour conference speech
Political Fix from the Labour Party conference: Hope again?
Andy Burnham promises a new direction for Britain
Transcript: Trump shrugs off AI regulation
Marc Filippino speaks to Ashley Armstrong, Myles McCormick and Joe Miller