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Oil

Oil back above $50 as Opec agrees supply cut

Compact to axe 1.2m b/d major policy reversal for Saudis

Trump pledge fails to quell concerns of business conflicts

Critics say pledge to exit his empire does not go far enough

Valeant’s talks to sell Salix unit for $10bn break down

Shares in Canadian drugmaker tumble after discussions with Japan’s Takeda collapse

China capital curbs reflect buyer’s remorse over market reforms

Setback to PBoC’s ‘Trojan horse’ financial and capital account liberalisation strategy

Hollande prepares to seek re-election as French president

Socialist party leader believes he can unite the left against Fillon

Gratitude is good for you in the festive season

Science backs counting your blessings

Photo of Anjana Ahuja

Brazil’s plunging GDP crushes hopes of Temer turnround

New government faces protests as it attempts to pull economy out of deep recession

Tens of thousands flee deepening humanitarian crisis in Aleppo

Reports of growing numbers running from fighting and sleeping in bombed-out buildings

Norway and Finland thaw relations with Russia

Economic and trade contact re-established for first time since annexation of Crimea

RBS emerges as biggest failure in tough UK bank stress tests

State-controlled lender plans to bolster capital position by at least £2bn

Oil

Canada approves new crude pipelines to boost capacity

Decision opens way for growth in Alberta oil sands production

Donald Trump

Carrier jobs backtrack painted as tax trade-off by Trump adviser

Trump adviser Scaramucci says he hopes move will send signal over US businesses climate

Trump’s picks: how the new administration is taking shape

FT guide to the the transition team and future cabinet members

Advice for a presidential move to the White House

Even the most professionally managed transitions are organised chaos

Europe news

Tensions rise in Italy as business weighs Matteo Renzi’s reforms

Puglia governor says centralisation of power in Rome will damage local communities

Deep tech ascent: Europe’s emerging digital industries

European start-ups take lead in AI, robotics, virtual reality and chip design

Lufthansa pilots cool on effort to end strikes

Union rejects German flag carrier’s request to call off action after fresh offer

Maxim Oreshkin named Russia’s new economy minister

Appointment follows dramatic arrest of Alexei Ulyukaev on corruption charges

Opinion

Video

markets

Steve Mnuchin appointed US Treasury secretary

A strong dollar and US growth prospects

world

Aleppo struggles under siege

Crisis deepens as 50,000 flee city

world

Fidel Castro funeral dilemma

Cuba’s 'Presidente' divides world leaders in death as in life

world

China clamps down on capital flight

Restrictions on foreign investment introduced

world notebook

Why the Italian referendum matters

Matteo Renzi stakes his tenure on reform result

FirstFT

South Korean president, Zuma vote

Tuesday's top stories from around the world

New York Minute

Trump trade trimmed

The post-election rally takes a pause

Short View

The limited success of Abenomics

Leo Lewis examines whether policies are terminally out of puff

FirstFT

Fillon nominated, Italy bank woes

Top stories around the world on Monday

the week ahead

Opec meeting, Austrian election

Daniel Garrahan highlights this week's big stories

New York Minute

Thanks be to Trump

US stocks close at another high for Thanksgiving

opinion

Wolf and Sandbu on UK economy

What is the outlook for the economy?

Highlights

Iron ore’s dollar ride wrongfoots markets and buoys miners

Rising currency prompts non-US buyers to lock in supply but some fear rally is overdone

Scary movie sequel beckons for eurozone markets

Move through euro-dollar parity requires significant negative political news in Europe

Sparkling effort

The dominance of French champagne is under threat — from south-east England

Markets News

Oil

Oil back above $50 as Opec agrees supply cut

Compact to axe 1.2m b/d major policy reversal for Saudis

Wall Street retreats from records despite oil price surge

Dollar and Treasury yields lifted by positive US data

Oil

Opec supply deal talks — 5 things to watch

What is at stake and when the outcome of the group’s effort to cut output is expected

Technology

GoPro shuts media division and cuts workforce by 15%

Camera maker’s restructuring comes after shares have fallen 70% since IPO

Sage’s growing subscription business boosts revenues

UK’s biggest software group says renewals have offset decline in traditional sales

Chinese celebrities ensnared in LeEco’s financial woes

Film director Zhang Yimou and A-list actors among investors in Le Vision Pictures

Life & Arts