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War in Ukraine

Oil tanker jam forms off Turkey after start of Russian oil cap

Vessels mass in Turkish waters after Ankara demands confirmation of insurance cover

Russia accuses Kyiv of drone attack on air bases deep in its territory

The FT View. The west’s messy Russian oil price cap begins to bite

The editorial board

FT Person of the Year: Volodymyr Zelenskyy

The Big Read. FT Person of the Year: Volodymyr Zelenskyy

Editor’s picks

Account of the global chip battle wins FT book prize

FT Business Book of the Year Award. Account of the global chip battle wins FT book prize

‘Wage inflation? What wage inflation?’ ask workers

Top stories

Live news updates: Beijing eases testing rules in further unwinding of zero-Covid policies

Live news updates: Beijing eases testing rules in further unwinding of zero-Covid policies

Live

Markets Briefing. US stocks stumble after hotter than expected services data

How the gates closed on Blackstone’s runaway real estate vehicle

Blackstone Group LP

How the gates closed on Blackstone’s runaway real estate vehicle

Redemptions from BREIT accelerated in July as Asian property markets plunged and interest rates rose

Asset managers pour money into tech platforms to take on BlackRock

How FTX used Hong Kong cash-for-crypto shop to turbocharge growth

Cryptocurrencies

How FTX used Hong Kong cash-for-crypto shop to turbocharge growth

Genesis Block helped Sam Bankman-Fried’s group access hard cash and onboard wealthy clients

Crypto group Circle ends $9bn deal to go public through Bob Diamond’s Spac

Nike terminates Kyrie Irving contract after anti-Semitism controversy

Nike terminates Kyrie Irving contract after anti-Semitism controversy

NBA star loses crucial partnership amid fallout from social media post

Spotlight

Chinese politics & policy

China’s elderly vaccine refuseniks pose obstacle for Xi Jinping

Nearly 90mn Chinese are insufficiently protected against Covid as Beijing begins to unwind pandemic controls

2 hours ago

China’s elderly vaccine refuseniks pose obstacle for Xi Jinping

Financial instability: the hunt for the next market fracture

Markets volatility

Financial instability: the hunt for the next market fracture

Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt

News

Australia, China and the judgment of the Solomons

Asia maritime tensions

Australia, China and the judgment of the Solomons

Geopolitical rivalry spills into the South Pacific as Canberra and Washington battle Beijing’s rising influence

US Supreme Court weighs protections for designer opposing same-sex marriage

Supreme Court US

US Supreme Court weighs protections for designer opposing same-sex marriage

Conservative majority seems to favour free speech argument advanced by Colorado website company

Ramaphosa fights back as scandal rocks South Africa’s presidency

Ramaphosa fights back as scandal rocks South Africa’s presidency

Ruling African National Congress backs troubled leader over theft at his game reserve

‘Phala Phala’ scandal threatens Ramaphosa’s legacy as ANC saviour

Most read

1

Europe cuts gas demand by a quarter to shed reliance on Russia

2

FT Person of the Year: Volodymyr Zelenskyy

3

The bedside manner of Elon Musk

4

How the gates closed on Blackstone’s runaway real estate vehicle

5

Louise Richardson: ‘I do wish our students were more resilient about nasty remarks’

Covid chaos at Foxconn iPhone plant causes 29% revenue fall

Foxconn Technology Group

Covid chaos at Foxconn iPhone plant causes 29% revenue fall

World’s biggest contract electronics manufacturer says Zhengzhou outbreak is now under control

Chinese stocks and currency rally on reopening hopes

Canada to send more warships through Taiwan Strait in signal to China

Canada to send more warships through Taiwan Strait in signal to China

Foreign minister Mélanie Joly says Ottawa will play bigger defence role in Indo-Pacific

China steps on Washington’s toes as Xi heads to Saudi Arabia

Glencore to pay DR Congo $180mn to cover corruption claims

Glencore to pay DR Congo $180mn to cover corruption claims

Payment by Swiss-based commodity trader and miner covers alleged misconduct from 2007-18

Lex. Glencore: dirty business provides an embarrassment of riches

US companies face backlash for bypassing investors on top pay

US companies face backlash for bypassing investors on top pay

Growing number have ‘evergreen’ provisions allowing them to award stock despite downturn

Louise Richardson: ‘I do wish our students were more resilient about nasty remarks’

UK universities

The Henry Mance Interview. Louise Richardson: ‘I do wish our students were more resilient about nasty remarks’

Before she steps down this month, the vice-chancellor of Oxford university talks about cancel culture, state schools and why universities should not be businesses

Papua New Guinea’s population size puzzles prime minister and experts

Papua New Guinea

Papua New Guinea’s population size puzzles prime minister and experts

Number of citizens in Pacific nation could be almost double its official figure of 9.4mn, says report

Cheap loans set to give young Greeks a shot at a home of their own

Cheap loans set to give young Greeks a shot at a home of their own

Government programme will offer mortgages for as little as 1% to address an affordability crisis

TikTok expected to escape the worst of the global ad slowdown

TikTok expected to escape the worst of the global ad slowdown

Other big social media groups forecast to lose market share to viral video platform

Opinion

The right to die shouldn’t depend on your income

People must not be constrained by resource from making the choice they want

The right to die shouldn’t depend on your income

Europe urgently needs a new industrial master plan

The energy crisis, along with steps taken by the US, China and others, poses a significant challenge

French Pornhub case shows how hard it is to regulate the internet

Markets Insight. There is no alternative to alternative assets

Why HR needs to go back to basics

Andrew Edgecliffe-Johnson

The easy money era is over but world leaders have not got the memo

The unexpected perils of sabbatical leave

Unhedged. Job data bad

Robert Armstrong

More Opinion

Markets Insight

Inside Business

US News

PwC targets rival EY in bid to expand partnership

Big Four firm says it has capacity to take up to 500 ‘direct admit’ partners in US

PwC targets rival EY in bid to expand partnership

Interview. ‘We kind of lost track’: how Sam Bankman-Fried blurred lines between FTX and Alameda

Crypto broker Genesis owes Winklevoss exchange’s customers $900mn

Disney battles to preserve the powers of its kingdom in Florida

Investors bet on interest rate cuts in 2023 despite Fed signals

New York’s ‘zombie’ office towers teeter as interest rates rise

Democrats vote to unseat Iowa as first contest in presidential primaries

Podcasts

Working It podcast

Working It. Four days work for five days pay: rethinking our working hours

24 min listen

FT News Briefing podcast

FT News Briefing. The struggle is real for investors in the high-rate era

11 min listen

FT Weekend podcast

FT Weekend podcast. Tracking down Nigeria’s stolen artefacts

26 min listen

Payne's Politics podcast

Payne's Politics. Winter of discontent

33 min listen

A Spy Among Friends, ITV review — Guy Pearce and Damian Lewis in a poised tale of betrayal

Review. A Spy Among Friends, ITV review — Guy Pearce and Damian Lewis in a poised tale of betrayal

Christina Adane: ‘I’m the pissed-off young person in the fight against food poverty’

HTSI. Christina Adane: ‘I’m the pissed-off young person in the fight against food poverty’

Bicep bring their well-orchestrated electronic sounds to Alexandra Palace

Review. Bicep bring their well-orchestrated electronic sounds to Alexandra Palace

Dior stages men’s show in Egypt as sales grow fivefold

Dior stages men’s show in Egypt as sales grow fivefold

My Dad Wrote a Porno podcast finally reaches its climax

Review. My Dad Wrote a Porno podcast finally reaches its climax

Video

Has Big Oil changed? | FT Film

Energy Source18 min

Has Big Oil changed? | FT Film

105 hours ago

Manufacturing in America, post-globalisation | FT Film

Manufacturing in America, post-globalisation | FT Film

357 hours ago

Inside London's 'zero waste' restaurant | FT Food Revolution

Food & Drink13 min

Inside London's 'zero waste' restaurant | FT Food Revolution

285 hours ago

Can India adapt to extreme heat? | FT Film

Climate change18 min

Can India adapt to extreme heat? | FT Film

621 hours ago

Highlights

The Big Read. The 4-day week: does it actually work?

A trial to gauge whether it is possible to do the same work in fewer hours is finally drawing to a close. Here’s what four companies discovered

The 4-day week: does it actually work?

Brexit: the next phase

FT European Business Schools Ranking 2022: tough times

Workplace wellbeing: how to make it better — and what makes it worse

Dear Jonathan. I want to quit my job and travel — will it affect my career progression?

Swedish scientist behind Alzheimer’s drug has big ambitions

Iran signals end to morality police responsible for upholding Islamic dress code

Technology

French Pornhub case shows how hard it is to regulate the internet

The challenge over privacy demonstrates that implementing new safety laws is not always straightforward

French Pornhub case shows how hard it is to regulate the internet

Live news updates from December 5: Moscow rejects oil price cap, US stocks drop on hot services data

Interview. Spiracle is turning niche literary fiction into audiobooks

The apps making business more social

Meloni pushes back on Italy’s shift into digital payments age

Is Fomo the new greed when it comes to investing?

DeepMind spin-off steps up effort to use AI to create new drugs

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