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Tech-heavy Nasdaq loses more than 2% while small-caps re-enter correction territory

New division being developed in Chicago would provide waiters and guards

Push comes as large groups try to adapt to digital era with flexible work spaces

Explainer Renminbi

The currency dropped on Thursday to its lowest level since the start of 2017

Blighted by corruption and ignored by regional allies and the US under Trump, some warn of ‘total chaos’ to come

Global Insight Edward Luce

Political bickering over which country is most to blame undermines foreign policy

German chancellor says ‘we all need an answer’ to Irish border question

Yields on Italian 10-year bonds hit four-year highs as nervous investors renew sell-off

Scheme allegedly let investors reclaim €55.2bn of tax they never paid

Deal will lift assets under management to $1.2tn

Industry has benefited as investors have sought returns in low-rate environment

US News

Chemicals group recasts over-optimistic merger outlook

updated

Hurricanes, typhoons and mudslides take toll on insurance group

President has warned he will cut aid if ‘human caravan’ is not stopped

Opinion

Highlights

After initially getting the creeps, FT correspondent Robin Wigglesworth discovered the city’s charms

Interview Leadership

MIT Sloan professor Zeynep Ton’s good jobs strategy wins over Walmart

Renowned investor on appetite for risk and failing to learn lessons from the crash

Markets News

Shanghai Composite tumbles to 4-year low; Italian budget concerns intensify

Start-ups put off by HKEX’s lengthy IPO vetting procedures and stricter scrutiny

Spread over German Bunds hits widest level since early 2013

Technology

California-based group acquires 3 per cent stake in UK sequencing company

Push comes as large groups try to adapt to digital era with flexible work spaces

Start-ups put off by HKEX’s lengthy IPO vetting procedures and stricter scrutiny

Life & Arts