011 Modello 3

GM takes $1.6bn charge to scale back electric vehicle production

Trump administration’s cancellation of tax credits for battery-powered vehicles expected to reduce demand

Brent falls as much as 3% on IEA report of recent build-up in shipments

US Treasury secretary tells FT that Beijing’s export controls are ‘a sign of how weak their economy is’

Issa Tchiroma Bakary cites unofficial exit polls to declare landslide win over 92-year-old Paul Biya ahead of official results

Split of unit making knee and hip replacements comes as US healthcare group seeks shift to higher-growth areas

A new IMF report exaggerates the gloomy economic backdrop, but there are valid reasons for policymakers to be glum

Plus, Zelenskyy will return to White House to meet Trump for third time this year

Bank of England should not lower interest rates before price pressure shows signs of easing, says chief economist

Fund upgrades outlook for global growth but warns latest trade tensions between Washington and Beijing are a concern

Doing the Fiserv swerve

World’s largest asset manager surpasses $5tn on its iShares ETF platform

Watchdog did not have proper basis for decision to write down SFr16.5bn of AT1 debt as part of rescue deal, judges find

Chancellor Friedrich Merz seeking to reignite economy and address challenges of a shrinking workforce

Take part in a live Ask an Expert Q&A with the FT’s economics commentator on Thursday October 16, at 1pm BST

Clinical studies can be finished faster and cheaper than in US and provide an earlier sign of a drug’s potential

Afghan national Fayaz Khan threatened to kill Reform leader in a TikTok video

FSB launches fresh criminal case against former Yukos oil magnate and 22 other dissidents in exile

Attack on Gazans inspecting homes comes days after fragile ceasefire goes into effect

You must be ready to make unusual key play; prepare to exude disinterest

Spartan staging of the comic chamber opera is well played and sung but struggles to fill the London Coliseum

Thousands of Italians expected to protest Israel’s participation in World Cup qualifiers

Brussels penalises luxury brands for controlling resale prices at independent retailers

Trump’s latest piece of brinkmanship is likely to result in another climbdown