World business, finance, and political news from the Financial Times

The Long View
What goes down eventually comes up

John Harris
We should harness gene editing for human benefit

Highlights

Bernard Schlesinger (second fromm left) on a visit to Uppingham school, England, before being sent to fight in the first world war in France

Assimilation: more British than the British

5:32pm WORLD

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Sanctions on Iran lifted

Tehran complied with landmark nuclear deal, UN inspectors say

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Oil industry braced for re-entry of Iran

Country’s return comes as oil prices have slid below $30

Jan 15, 2016

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Pension tax perks for high earners to go

Osborne to pitch retirement savings overhaul at Labour heartlands

12:26pm

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Corbyn links dividends to living wage

Business leaders attack ‘potty’ plan to ban payouts

Jan 15, 2016

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New Oxford head slams Bullingdon Club

First female vice-chancellor says university needs to question traditions

Morning commuters cross a road in the Yeouido financial district in Seoul, South Korea, on Monday, May 13, 2013. South Korea's unemployment rate fell to 3.1 percent in April, the lowest level in four months. Photographer: SeongJoon Cho/Bloomberg

©Bloomberg

6:14am WORLD

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Foreign law firms decry S Korea bill

Curbs on industry flout trade deals, foreign lawyers say

Jan 15, 2016 WORLD

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China steps up building in disputed waters

Runways fit for jets on South China Sea ‘reefs’ near completion

Laurence Fink, Larry Fink, Maria Bartiromo...BlackRock Chairman and CEO Laurence Fink is interviewed by Maria Bartiromo on Fox Business Network's "Opening Bell with Maria Bartiromo," Wednesday, March 26, 2014 in New York. (AP Photo/Mark Lennihan)

©AP

Jan 15, 2016 COMPANIES

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Fink warns markets may drop further 10%

‘There’s not enough blood in the streets,’ says BlackRock chief

Best of Weekend FT

©Chris Killip

‘In Flagrante’, by Chris Killip

The poet Don Peterson considers what these images of Britain in post-industrial decline reveal about our current political climate
Shopping: he/she hits

The ‘boyfriend’ sweaters, shirts and jackets that she wears
What is good design?

There are numerous ways to judge the virtue of an object, from usefulness and aesthetic merit to simply how it makes us feel

French special forces take position in the surroundings of the Splendid hotel following an attack by Al-Qaeda linked gunmen on January 16, 2016 in Ouagadougou.
Burkina Faso troops supported by French special forces were battling Al-Qaeda linked gunmen in the early hours of January 16 in a Ouagadougou hotel where at least 23 people have been killed. At least 23 people from 18 countries were killed in a jihadist attack that struck the heart of the capital of Burkina Faso, a security source told AFP, adding that the toll could yet rise. / AFP / OUOBA_AHMEDOUOBA_AHMED/AFP/Getty Images

©AFP

2:07pm WORLD

Burkina troops retake hotel from Islamists

Attack signals widening reach of Africa’s Islamist groups

epa05104518 A supporter of Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen watches a live transmission of the vote counting outside the DPP headquarters building in Taipei, Taiwan, 16 January 2016. Three candidates are running in the race as President Ma Ying-jeou from the ruling Chinese Nationalist Party KMT, will step down on 02 May 2016, after having served two four-year terms. Early vote count shows that opposition leader Tsai Ing-wen leads ruling party KMT chariman Eric Chu by 800,000 votes. EPA/JEROME FAVRE

©EPA

1:51pm WORLD

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Tsai Ing-wen wins Taiwan’s presidential election

DPP landslide will disturb Beijing

©Bloomberg

5:55am COMPANIES

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Baidu hit by medical advice scandal

Moderation of disease-themed discussion forums sold to highest bidder

Pedestrians pass an Aldi Stores Ltd. supermarket in the Kilburn district of London, U.K., on Monday, Dec. 22, 2014. German discounters Aldi and Lidl spent twice as much on British advertising as U.K. grocery leader Tesco Plc in the initial buildup to Christmas as they sought to build on market share gains at the seasonal peak. Photographer: Simon Dawson/Bloomberg

©Bloomberg

Jan 15, 2016 COMPANIES

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Divide opens between German discounters

Flat sales and squeezed margins point to loss of momentum at Aldi

Comment & Analysis

©Emanuele Camerini

Jan 13, 2016 At Home from LIFE & ARTS

Ex-Ferrari head Luca Cordero di Montezemolo

The Italian industrialist revs up to revive the airline Alitalia and bring the Olympics to Rome

Montezomolo urges scrapping of red tape
The Pursuits Interview Luca di Montezemolo

European Commission's president Jean-Claude Juncker (R) welcomes British Prime Minister David Cameron at the European Commission in Brussels on October 15, 2015. AFP PHOTO / EMMANUEL DUNAND (Photo credit should read EMMANUEL DUNAND/AFP/Getty Images)

©AFP

1:41pm MULTIMEDIA

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Hatton Garden gang a blast from the past

‘Diamond Wheezers’ had an old-style approach to match their years

Best comments from our readers

"RBS saying 'sell everything except high quality bonds' is not responsible advice. Good assets are worth holding onto, and it is practically impossible to finesse the stock market so you can be out of it when prices decline, and in when prices rise for a prolonged period of time. Believe me I've tried. Its not an intelligent approach to investing."
By Apostate on Doom mongers have their day in the sun as markets turn

"I can quite see the appeal for commuting, but for those cyclists that do it for exercise and because we enjoy the activity (e.g. myself), the idea of motor assistance is ridiculous. The only person you're kidding is yourself. You know that new personal best over Box Hill wasn't you - it was the motor! It wasn't 'personal'."
By Worldweary on Bikes with concealed electric motors

Weekend FT