Top stories

December on course to be first month without junk bond sale since Lehman crash

Brexit uncertainty sees Netherlands record highest deal value in past year

Texas ruling that Obamacare is unconstitutional poses dilemma for both parties

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Investors turn negative in spite of bullish Christmas sales forecasts 

The outgoing head of the eurozone banking watchdog had to overcome national antipathy

Companies are drastically reshaping the way they measure people’s abilities

Chocolatier joins caffeine craze in ambitious bid to increase revenues fivefold

Up to 5,000 positions to go as Britain’s largest carmaker rolls out £2.5bn cost savings plan

Canadian Michael Kovrig is being held without charge or access to lawyers

Elements of gulag-style system resurrected as Beijing cracks down on ethnic minorities

Almost 200 nations agree global rules on measuring and reporting emissions

Life & Arts

From a boutique retreat in Nairobi to the streets of downtown Nuuk, FT writers pick their best destinations of the year

Alice Fishburn set herself a challenge for 2018 to only read female authors. Here’s what she discovered

Mid-20th century designers offered bold visions. What changed? 

US News

New president’s plan to make Mexico self-sufficient in fuel is attacked as unrealistic

Pork lobby warns Brussels would get ‘enormous tactical victory’ if issue is excluded

Founder sees promising business in putting communication satellites into low-earth orbit

Wind, rain and snow in some markets threaten to damp rapid growth

Opinion

The reputation of big tech faltered as scandals emerged over the past months with regularity

Highlights

In a series of moving accounts, four people share their experiences of building homes for those in need

As the young migrate to cities, nature is reclaiming villages inhabited only by the old and poor

Welcome to Due Diligence, the FT’s daily deals briefing

Markets News

Investors will also be watching a key China economic conference, the pound and Brexit

The Long View Michael Mackenzie

Fiscal rules and still-loose monetary policy mean the region has to look elsewhere for stimulus

Markets spooked by weak data in China and eurozone; dollar strengthens

Technology

The reputation of big tech faltered as scandals emerged over the past months with regularity

Chinese company inks telecoms deals despite security concerns raised by US

Companies are drastically reshaping the way they measure people’s abilities

Life & Arts