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    Volkswagen plans to close at least 3 German plants and cut thousands of jobs
    Volkswagen AG
    Volkswagen plans to close at least 3 German plants and cut thousands of jobs

    Europe’s largest carmaker tells works council it would slash pay by 10%

    updated
    opinion content.?Lex. Volkswagen’s plant closure will not be Europe’s last
    Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
    Trump’s foreign policy plan: embrace unpredictability
    US foreign policy
    The Big Read. Trump’s foreign policy plan: embrace unpredictability
    Editor's picks
    From intern to CEO: does it pay to be a company lifer?
    From intern to CEO: does it pay to be a company lifer?
    opinion content.?The west underestimates North Korea at its peril
    Gideon Rachman

    Top stories

    Starmer warns of ‘hard choices’ in Wednesday’s Budget
    Breaking news in brief
    Starmer warns of ‘hard choices’ in Wednesday’s Budget
    Live
    Nato says North Korean troops in Russia threaten European security
    War in Ukraine
    Nato says North Korean troops in Russia threaten European security

    Pyongyang’s involvement marks ‘dangerous expansion’ of Moscow’s war in Ukraine, says Mark Rutte

    updated
    Trump’s Madison Square Garden rally overshadowed by racism accusations
    US presidential election 2024
    Trump’s Madison Square Garden rally overshadowed by racism accusations

    Republican lays out dark closing argument in Democratic city where he made his fortune but was also convicted

    WOW factor: can Trump hold on to suburban voters in battleground Wisconsin?
    Apple banned from selling iPhone 16 in Indonesia
    Indonesia
    Apple banned from selling iPhone 16 in Indonesia

    Government says US company’s investment in the country has fallen short

    opinion content.?Lex. Indonesia’s iPhone 16 ban will hurt consumers more than Apple

    Spotlight

    US presidential election 2024
    Kamala Harris struggles to keep the faith of Arab-Americans in Michigan

    Israel’s war in Gaza has cost the support of important constituency in battleground state

    Kamala Harris struggles to keep the faith of Arab-Americans in Michigan
    The Wallenbergs start succession to sixth generation
    Jacob Wallenberg
    The Wallenbergs start succession to sixth generation

    The three cousins leading the $660bn Swedish business empire want more family members involved and, for the first time, women

    News

    Argentina ready to boost flights to Falklands, says foreign minister
    Falkland Islands
    Argentina ready to boost flights to Falklands, says foreign minister

    Diana Mondino says airlines will have to decide ‘frequency’ in sign of warmer relations with the UK over the islands

    Boeing launches $19bn share sale to bolster finances and avoid downgrade
    Boeing Company
    Boeing launches $19bn share sale to bolster finances and avoid downgrade

    Aircraft maker seeks to relieve pressure on its balance sheet, which has been exacerbated by a labour strike

    updated
    Olympus chief executive forced to quit over alleged illegal drug purchase
    Olympus Corp
    Olympus chief executive forced to quit over alleged illegal drug purchase

    Medical equipment maker says Stefan Kaufmann, one of Japan’s few foreign CEOs, likely to have breached code of conduct

    Most read

    1. Volkswagen plans to close at least 3 German plants and cut thousands of jobs
    2. Trump’s Madison Square Garden rally overshadowed by racism accusations
    3. Japan plunged into political turmoil after voters punish ruling LDP
    4. Apple banned from selling iPhone 16 in Indonesia
    5. The Wallenbergs start succession to sixth generation
    Military briefing: Where Israel struck Iran
    Middle East war
    Military briefing: Where Israel struck Iran

    First open attack on Tehran breaks ‘psychological barrier’ and could leave it vulnerable to future assaults

    US leads efforts to keep lifeline for West Bank lenders open
    new
    Franklin Templeton hit by record outflows as clients ditch troubled Western unit
    Franklin Templeton Investments
    Franklin Templeton hit by record outflows as clients ditch troubled Western unit

    SEC probe and poor returns prompt withdrawals just as group’s rivals are benefiting from a rush into bonds

    Oil tumbles after Israel refrains from attack on Iran’s refining facilities
    Oil
    Oil tumbles after Israel refrains from attack on Iran’s refining facilities

    Brent crude price drops more than 6% as Tehran gives measured response to strikes

    Interview. Iran ‘open’ to closer western ties, Khamenei adviser suggests
    Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help
    Bangladesh
    Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help

    Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh Hasina

    Reeves embarks on Budget that will define Labour government
    UK Autumn Budget 2024
    Reeves embarks on Budget that will define Labour government

    Prime minister and chancellor aim to convey sense of joint purpose ahead of long-awaited fiscal event on Wednesday

    Starmer to pledge to ‘embrace fiscal reality’ in the Budget
    Russia ‘withholding’ vital climate data in the Arctic, warns Nato
    Climate change
    Russia ‘withholding’ vital climate data in the Arctic, warns Nato

    Official says accurate modelling of global warming is being hit

    Carried interest: private equity’s tax break
    Private equity
    Explainer. Carried interest: private equity’s tax break

    The lower-taxed performance fee has helped buyout firms’ executives amass personal fortunes

    The Saudi factories powered by women
    Saudi Arabia
    The Saudi factories powered by women

    A surge in female labour force participation has emerged as a bright spot for the kingdom

    Opinion

    opinion content.?Women will decide America’s future

    Where female voters go, the result of the US presidential election follows

    Rana Foroohar
    Women will decide America’s future
    opinion content.?Israel’s attack leaves Iran with a difficult dilemma

    Key pillars of Tehran’s security strategy have been shaken by these strikes

    Emile Hokayem
    opinion content.?Ride-sharing robo-pods are the future of cities
    Vinod Khosla
    opinion content.?Inside Business. HSBC’s overhaul: dramatic, prosaic or prey to geopolitics?
    Patrick Jenkins
    opinion content.?Central Asians edge into a brave new world on Russia’s doorstep
    Tony Barber
    opinion content.?Markets Insight. Policymakers need a fresh approach on capital gains tax increases
    Fiona Murray
    opinion content.?The FT View. Three tests for Britain’s Budget
    The editorial board
    opinion content.?If you’re going to multitask, do it mindfully
    Jemima Kelly

    More Opinion

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    • Lex
    • Unhedged
    • Markets Insight
    • Inside Business

    US News

    Companies’ earnings reports increase volatility of US stocks

    Share prices swing as high valuations and uncertain outlook put investors on edge

    Companies’ earnings reports increase volatility of US stocks
    Sweden’s EQT eyes deal push as it girds for wave of PE consolidation
    Migration from Venezuela surges after Maduro snatches election from opposition
    Musk’s X to undershoot revenue goals from political advertising
    Bezos faces backlash at Washington Post over refusal to run Harris endorsement
    FBI investigates claims China tried to hack Donald Trump’s phone
    Top US regulator warns of potential crisis if final bank guardrails fall away

    Podcasts

    The Economics Show with Soumaya Keynes podcast
    The Economics Show with Soumaya Keynes. The economics of research and development. With Heidi Williams
    24 min listen
    Life and Art from FT Weekend podcast
    Life and Art from FT Weekend. Historian Simon Schama wants to make truth sexy again
    27 min listen
    FT News Briefing podcast
    FT News Briefing. Georgia’s disputed election
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    Unhedged Podcast. What do bond markets know about the election?
    22 min listen

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    Chess: Caruana wins fourth US crown, targets Fischer record
    Chess
    Chess: Caruana wins fourth US crown, targets Fischer record
    The best new books on economics
    Non-Fiction
    Review. The best new books on economics
    Augustus the Strong — artistic maestro and unscrupulous political failure
    History books
    Review. Augustus the Strong — artistic maestro and unscrupulous political failure
    Rajasthan’s International Folk Festival is a new dawn for musicians
    Music
    Review. Rajasthan’s International Folk Festival is a new dawn for musicians
    New hot spots on the property scene
    Prime property
    HTSI. New hot spots on the property scene

    Video

    play video content.?
    The women who vote Trump
    FT Film32 min
    video content.?America divided: the women who vote for Trump | FT Film
    play video content.?
    The evolution of venture capital
    FT Film29 min
    video content.?Sequoia Capital and the evolution of the VC industry | FT Film
    play video content.?
    5 Questions | Uber CEO Dara Khosrowshahi
    Interview6 min
    video content.?Uber CEO Dara Khosrowshahi | 5 Questions
    play video content.?
    Sketchy Politics: Labour pains
    UK politics21 min
    video content.?Sketchy Politics: Labour pains

    Highlights

    How extremist settlers in the West Bank became the law

    Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacement

    How extremist settlers in the West Bank became the law
    The Big Read. Could anger over abortion rights swing the US election against Trump?
    How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it
    NHS staff use WhatsApp ‘constantly’ to share private patient data
    Who would run Kamala Harris’s economy?
    How Susquehanna’s Jeff Yass mastered the options game
    opinion content.?The global economy has proved surprisingly resilient
    Martin Wolf

    Markets News

    European stocks hit by ‘Trump effect’ as odds tilt towards Republican win

    Former president’s promise of tariffs has dragged down sectors already struggling with flagging Chinese demand

    European stocks hit by ‘Trump effect’ as odds tilt towards Republican win
    Companies’ earnings reports increase volatility of US stocks
    Nasdaq hits record high as tech stocks rebound from summer sell-off
    European gas prices hit peak for year on Norwegian production outage
    NYSE plans to extend daily trading to 22 hours on its Arca exchange
    Millennium considers launching first new fund in more than three decades
    Treasuries sell-off reverberates through global markets

    Technology

    Man who used AI to create child abuse images jailed for 18 years in UK

    Judge rules in landmark case involving deepfake sexual abuse material

    Man who used AI to create child abuse images jailed for 18 years in UK
    Review. The best new books on economics
    EssilorLuxottica backs Del Vecchio as hacking probe escalates
    opinion content.?Ride-sharing robo-pods are the future of cities
    Vinod Khosla
    New boss seeks to bring Naspers out of Tencent’s shadow
    Banks and regulators warn of rise in ‘quishing’ QR code scams
    Musk’s X to undershoot revenue goals from political advertising

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