US government backs Bayer bid to curb Roundup claims
Solicitor-general’s backing lifts hopes of reducing litigation, pushing up German group’s shares
Eurozone services inflation ticks up again in November
The headline rate remains around target, but rising services inflation will be under the ECB’s microscope
Trump vows ‘hell to pay’ if Honduras changes election results
US president backs Nasry Asfura who holds narrow 515-vote lead over Liberal rival Salvador Nasralla
FirstFT: Honduras election on a knife-edge
Also in today’s newsletter: Steve Cohen moves closer to opening New York’s first casino, and China’s booming pharma industry
The spectacular rise of EB Meyrowitz eyewear
How a mother-and-son duo turned the 150-year-old maker into a cult brand
HSBC chief pledges to be ‘ruthless’ in elevating bank to top 5 status
Georges Elhedery tells FT Global Banking Summit it is ‘not an option’ for lender to fall short in key areas
OpenAI’s Sam Altman declares ‘code red’ after rivals make advances
$500bn start-up to refocus efforts to improve ChatGPT as Google and Anthropic narrow its early lead
Eurozone inflation unexpectedly rises to 2.2% in November
Economists expect ECB to keep rates on hold at December meeting
Rate cuts will end in leading economies next year, says OECD
Paris-based group signals major central banks have scant room to loosen policy further
US regulator to curtail use of primate testing in drug trials
FDA decision aligns with Trump administration’s effort to lower pharma costs by eliminating lab monkey requirement
Kremlin touts gains in Pokrovsk ahead of meeting with US envoy
Russian president hosts Witkoff and Kushner for peace talks as military claims battlefield advances in Ukraine
OBR says Reeves calling public finances ‘very challenging’ before Budget was not misleading
Fiscal watchdog faces Treasury committee after accidental publication of key report prompted chair to resign
BoE lowers capital requirements for UK banks as they pass stress tests
City minister welcomes move to take lenders off the ‘naughty step’
Budget foundations starting to wobble
Overly optimistic assumptions that inflation will always be the public finances’ friend are mistaken
UK to unveil curbs on jury trials
Justice secretary David Lammy to set out reforms designed to tackle backlog in court cases
Just Eat Takeaway chief to step down weeks after Prosus deal
Food delivery group founder Jitse Groen had said he would lead the business during the transition
India demands installation of government app on all smartphones
Privacy advocates raise concerns about potential snooping
Demand for Japanese bonds reassures jittery markets
Yen and equities steady one day after hawkish comments from BoJ governor
UK house prices edge higher despite Budget uncertainty
Bigger than expected rise takes average property cost to £272,998
Checking in on the US consumer
Picky but still spending
EU can produce twice as many electric cars as needed, says study
Also in this newsletter: How delays may be holding up challenges against EU competition decisions
FTAV’s further reading
Britain; sea levels; central bank operations; mobile payments; Franco; shrooms
Business School Sustainable Education
Can a social enterprise tackling child malnutrition balance purpose and profit as it expands? See the latest of our series of business-school-style teaching case studies on sustainability. Read selected FT articles and see how you would address similar challenges
The probe gripping Italy’s banking industry
Plus, private credit lenders submit to stress tests and a tumultuous few months at commodities trading giant Gunvor