Top stories

Trump’s top economic adviser lowers expectations of truce in tariffs war

CSI 300 up more than 4% and on track for biggest one-day gain in nearly 3 years

Italy to respond to Brussels criticism amid threat of credit downgrade

Mario Draghi’s preferred choice is facing two contenders in race for coveted post

Years of war have disrupted trade and driven more than 1m refugees over the border

In the US and UK many businesses pay for their help, less so in Italy and Japan

With record funds raised, dealmakers hopeful of corporate carve-outs

Analysts question if Evan Spiegel is fiddling while company burns through cash

Combination will create one of the world’s largest components makers

Recommendation against trips into country comes after authorities question banker

Big banks have best summer for equities revenues since 2009

US News

Hedge fund supremo stumbles with bet on US department store chain

Head of Cleveland-Cliffs lashes out at Wall Street analysts after shares fall

Shares plunge in Arkansas lender that has backed developments as far away as New York

Trump’s cap on state and local deductions causes anguish on campaign trail

Opinion

Highlights

Listen to our top stories each weekday from the Financial Times newsroom

The fall of the once-mighty SPD holds lessons for socialist parties across Europe

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

Markets News

CSI 300 up more than 4% and on track for biggest one-day gain in nearly 3 years

China equities jump on government’s economic pledge

Fears are growing of a contagion in Europe and worries continue over Asian stocks

Technology

Financial crises and cyber crises are not as alike as they may seem, argues Professor Daniel Kroening.

Analysts question if Evan Spiegel is fiddling while company burns through cash

Life & Arts