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[EN] Financial Times

Lawrence Summers to step back from public roles over ties to Epstein

Former US Treasury secretary sought paedophile’s advice over relationship he was pursuing

Mukesh Ambani’s Reliance battles mom-and-pop stores for India’s shoppers

Country’s most valuable company revives retail ambitions with investments in quick commerce

China deepens pressure on Japan with travel bans and cancelled events

Beijing furious at suggestion Tokyo might intervene militarily if it attacks Taiwan

India persists in buying Russian oil despite Trump threats

Also in this newsletter: digital privacy law is finally here, and Pranav Haridasan’s mantra

Letter: What Brazil’s hosting of COP30 says about its green credentials

From Antonio de Aguiar Patriota, Ambassador of Brazil to the UK, London W2, UK

Letter: UK parents fear changes in Cycle to Work scheme

From Claire McDonald & Nicola Pastore, Co-founders, Solve The School Run, London WC2, UK

Letter: Brexit rerun — the solution that stares PM in the face

From Matt Heligman, London TW17, UK

Letter: Lula’s climate leadership sits on oil production tightrope

From Carmela Chaney, Oil & gas solutions expert, Climate Intelligence Programme, RMI (Rocky Mountain Institute), Denver, CO, US

Trump bets there’s ‘nothing to hide’ in pivot on Epstein files

Vote that aims to force Department of Justice to hand over documents on late sex offender expected to pass lower chamber

Trump set to agree deals during Saudi crown prince’s visit

US president signals support for sale of F-35s fighter jets on eve of Mohammed bin Salman’s arrival in Washington

Calpers adopts new approach to assess risk and returns

The $556bn US public pension fund will increase equity allocation under overhauled framework to improve returns

Correction: Childlike sex dolls on Shein and AliExpress

French authorities found listings for childlike sex dolls on Shein and AliExpress, but not on Temu and Wish, as incorrectly stated in an article on November 6

Stuff happens in market

Clean-up in aisle doge

Fantasy home: Lessons from Good Will Hunting for a Gen Z renter

The bare, borrowed rooms of Will’s apartment are visual shorthand for living temporarily — emotionally and materially

HSBC board at odds over candidates to succeed Mark Tucker as chair

Bank’s leadership differs on who has necessary finance experience and Asia knowledge

UK raises bank deposit guarantee to £120,000 to keep pace with inflation

Financial services groups will have to make a higher contribution to compensation scheme for customers of failed companies

Labour channels Reform with radical new asylum policy

‘If we become more like Reform, no one will want Reform’

FT Crossword: Number 18,216

UK to ban resale of tickets above face value for live events

Aggressive crackdown on touts comes after backlash over cost of watching live music and sport

UK pledges to step up child deportations as part of asylum reforms

Home Office says hesitancy around deporting families creates ‘perverse incentives’ to put children on small boats

UN Security Council approves US-backed proposal for Gaza

Resolution is first step in complex, multiphase plan for the enclave

Reform UK targets EU citizens and overseas aid as it seeks to save £25bn

Populist party claims chancellor Rachel Reeves can avoid tax rises at the Budget

Badenoch to accuse Labour of raising taxes to fund bloated welfare bill

Tories seek to draw up battle lines over the Budget as Reeves prepares to lift the two child benefit cap

FirstFT: Bangladesh sentences former leader Sheikh Hasina to death

Also in today’s newsletter, Japan’s economy shrinks, and India agrees first big LPG purchases from US