Letter: History suggests a well-directed escalation can deter Russia
From Marek Svoboda, Frankfurt, Germany
Letter: Why public procurement is a double-edged trade tool
From Totis Kotsonis, Partner, Head of Subsidies, Procurement, Trade Agreements and Trade Remedies, Pinsent Masons, London EC2, UK
Letter: Spare a thought for clubs ‘cheated’ by Man City saga
From David Rimmer, Hertford Heath, Hertfordshire, UK
Letter: Nike China strategy heralds a sea change for all brands
From Professor Louis Brennan, Trinity Business School, Trinity College Dublin, Ireland
Letter: The grid we build today should be fit for the future
From Markus Heimbach, CEO, Business Unit High Voltage Products, Hitachi Energy, Zurich, Switzerland
Letter: Pensions triple lock and intergenerational fairness
From Beverley Adams, Cambridge, UK
Letter: One Anthropic ‘risk factor’ that is totally redundant
From Simon Samuels, Radlett, Hertfordshire, UK
Letter: Kicking the tyres on your tribology piece
From Nick Collings, Cambridge, UK
Mental health and ADHD diagnosis can cause harm, says official review
Government-commissioned report calls for more opportunities to work and socialise for young people and rejects claims of ‘snowflake’ generation
Animals — Ben Affleck anchors tightly wound kidnap thriller
The actor stars as a Los Angeles mayoral candidate caught up in a tangle of secrets — and also directs
FT Crossword: Number 18,501
US telcos stocks tumble after SpaceX announces spectrum acquisition
Elon Musk takes big step towards launching a Starlink mobile service for US consumers
US to publicly execute former soldier by firing squad
American military will live-stream the execution of an extremist who killed 13 people at Fort Hood in Texas in 2009
Amex fined $350mn for failing to flag suspected money laundering
US regulator finds ‘systemic’ failures that left $13bn in suspicious transactions unreported
Burnham set to launch crackdown on non-compete clauses
Prime minister expected to use speech to pledge action against restrictive practices in employment contracts
FirstFT: OpenAI’s $20bn annualised revenue gap
Also in today’s newsletter: Trump says US will not attack Iran before midterms and a landmark moment for Uniqlo
Singapore gears up for smog-choked Grand Prix
Hundreds of thousands of spectators are likely to endure the city-state’s worst air pollution in years
US justice department orders playbook refresh for frauds on government
Prosecutors told to deploy full range of powers to claw back funds and seek stiffer sentences
OpenAI annualised revenues $20bn less than previously signalled
AI group recently told investors the critical figure was nearing $50bn in September, far less than the $70bn widely reported
Starbucks has explored takeover of Chipotle in restaurant megadeal
Purchase of $41bn market-value burrito chain would rank as largest restaurant acquisition of all time
Trump says US ‘will not be attacking Iran’ before midterm elections
President says Washington and Tehran are having ‘productive discussions’
Is France too blasé about borrowing costs?
Rising bond yields raise concerns about wider contagion
Microsoft banned from sponsoring foreign workers for US residency
Announcement impacting several tech groups marks White House’s latest attempt to limit immigration
US adds torture charges to case against former Venezuelan president
New York federal prosecutors allege Nicolás Maduro and his wife Cilia Flores conspired to commit torture of American citizens