Top stories
Facebook Inc
Facebook’s Libra backers distance themselves from project

Some early supporters of cryptocurrency consider cutting ties amid regulatory scrutiny

Life & Arts
The battle for Italy’s art
Deutsche Bank AG
Deutsche Bank to transfer up to 800 staff to BNP Paribas

French lender to assume control of Deutsche’s prime brokerage unit that services hedge funds

Brazil
‘Monetise’ the Amazon to save it, says Brazil minister

Ricardo Salles defends pledge to develop rainforest as wildfires rage

Leveraged loans
Loan funds on course for worst outflows on record

US Fed’s shift to monetary easing hits demand for floating-rate debt and new financings

Deepmind Technologies Ltd
DeepMind co-founder’s leave of absence signals transition

Mustafa Suleyman’s retreat suggests AI group’s autonomy has been curtailed by its parent

Anthony Scaramucci
I dumped Trump to save the liberal world order
Barclays PLC
Jes Staley: the last man in European investment banking

After Deutsche’s retreat, Barclays is the continent’s only participant with global ambitions in the industry

Hong Kong politics
Hong Kong’s ‘Gang of Four’ hits back at Beijing

Veteran pro-democracy campaigners targeted by China deny accusations of leading protests

Justin Trudeau
Canadian ethics report puts Trudeau on defensive ahead of election

PM fights to keep flare-up in conflict-of-interest case from harming bid for second term

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Football
Sunderland football club eyes sale to Michael Dell-linked group

US investors known for managing the wealth of tech entrepreneur in talks over deal

Entertainment One Ltd
Hasbro to buy ‘Peppa Pig’ producer eOne for £3.3bn

Group is latest UK-listed company acquired by overseas buyer as pound weakens

US interest rates
Yield curve inverts after hawkish Fed remarks

Governors George and Harker say they see little reason for additional rate cuts

Food & Beverage
Mind your peas as queues grow for protein alternatives

Soya usurped as new alternatives to plant-based meat substitutes pique interest

Europe News

Sovereign wealth funds
EU floats plan for €100bn sovereign wealth fund

‘European Future Fund’ would invest in strategic sectors where bloc lags global rivals

Brexit
Did Merkel really offer a big Brexit concession?

Germans say UK media has misinterpreted chancellor’s stance on Irish backstop

Neil Woodford
Woodford fund to mark down value of its holding in cold fusion group

Move prompted by ‘reassessment of the current progress of the business’

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UBS Group AG
UBS hires BoE adviser Van Steenis in sustainable finance push

Former Schroders and Morgan Stanley executive to chair new committee and head investor relations

Opinion

Inside Business Richard Waters
Facebook’s search for impartiality looks doomed

Diversity of the planned Oversight Board could push partisan warfare to higher level

FT News Briefing podcast9 min listen
Yield curve, Libra troubles, monetising the Amazon

The yield on two-year Treasury bills jumped above that of the benchmark 10-year note again on Thursday

9 min listen
Behind The Money podcast20 min listen
Disrupting Big Ag

A new generation of agricultural food and technology startups is breaking the traditional farming model

20 min listen
Video James Kynge
Why the US has a lot to lose in a tech war with China

The FT's James Kynge says the US and China are decoupling

Video James Kynge
Why the US has a lot to lose in a tech war with China
Video World
Facebook and Twitter delete accounts 'undermining' Hong Kong protest
Video FT World video
Olya Misik: the Russian teenager defying Putin's rule
Video Analysis
Brexit: Boris Johnson is one step closer to no-deal

Highlights

FT Alphaville Jamie Powell
Taylor Swift’s asset restructuring

The pop star creates a new risk for financialised music royalties.

FT Magazine
Putin and the Patriarchs

Last October, the Ukrainian church broke away from Russia — and triggered the greatest schism in Orthodoxy for centuries

Work & Careers
A young entrepreneur cuts a dash on Savile Row

Tailor catering exclusively for women on running her business one stitch at a time

Markets News

Agricultural commodities
Bearish US forecast sows seeds of doubt in corn market

Strong projection unsettles traders who had been braced for impact of heavy rains

Leveraged loans
Loan funds on course for worst outflows on record

US Fed’s shift to monetary easing hits demand for floating-rate debt and new financings

Direct lending
Pemberton raises €3.2bn for new direct lending fund

Launch is a sign of strong interest among yield-starved institutional investors

Technology

Deepmind Technologies Ltd
DeepMind co-founder’s leave of absence signals transition

Mustafa Suleyman’s retreat suggests AI group’s autonomy has been curtailed by its parent

Video James Kynge
Why the US has a lot to lose in a tech war with China

The FT's James Kynge says the US and China are decoupling

Lex
Libra/Facebook: friends disunited Premium

Association members are wise to let this remain a project led by the social network

Life & Arts