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[EN] Financial Times

Jaguar launches new electric sports car in controversial rebrand

‘I call it a Jaguar’

Letter: History suggests a well-directed escalation can deter Russia

From Marek Svoboda, Frankfurt, Germany

Letter: Why public procurement is a double-edged trade tool

From Totis Kotsonis, Partner, Head of Subsidies, Procurement, Trade Agreements and Trade Remedies, Pinsent Masons, London EC2, UK

Letter: Spare a thought for clubs ‘cheated’ by Man City saga

From David Rimmer, Hertford Heath, Hertfordshire, UK

Letter: Nike China strategy heralds a sea change for all brands

From Professor Louis Brennan, Trinity Business School, Trinity College Dublin, Ireland

Letter: The grid we build today should be fit for the future

From Markus Heimbach, CEO, Business Unit High Voltage Products, Hitachi Energy, Zurich, Switzerland

Letter: Pensions triple lock and intergenerational fairness

From Beverley Adams, Cambridge, UK

Letter: One Anthropic ‘risk factor’ that is totally redundant

From Simon Samuels, Radlett, Hertfordshire, UK

Letter: Kicking the tyres on your tribology piece

From Nick Collings, Cambridge, UK

Mental health and ADHD diagnosis can cause harm, says official review

Government-commissioned report calls for more opportunities to work and socialise for young people and rejects claims of ‘snowflake’ generation

Animals — Ben Affleck anchors tightly wound kidnap thriller

The actor stars as a Los Angeles mayoral candidate caught up in a tangle of secrets — and also directs

FT Crossword: Number 18,501

US telcos stocks tumble after SpaceX announces spectrum acquisition

Elon Musk takes big step towards launching a Starlink mobile service for US consumers

US to publicly execute former soldier by firing squad

American military will live-stream the execution of an extremist who killed 13 people at Fort Hood in Texas in 2009

Amex fined $350mn for failing to flag suspected money laundering

US regulator finds ‘systemic’ failures that left $13bn in suspicious transactions unreported

Burnham set to launch crackdown on non-compete clauses

Prime minister expected to use speech to pledge action against restrictive practices in employment contracts

FirstFT: OpenAI’s $20bn annualised revenue gap

Also in today’s newsletter: Trump says US will not attack Iran before midterms and a landmark moment for Uniqlo

Singapore gears up for smog-choked Grand Prix

Hundreds of thousands of spectators are likely to endure the city-state’s worst air pollution in years

US justice department orders playbook refresh for frauds on government

Prosecutors told to deploy full range of powers to claw back funds and seek stiffer sentences

OpenAI annualised revenues $20bn less than previously signalled

AI group recently told investors the critical figure was nearing $50bn in September, far less than the $70bn widely reported

Starbucks has explored takeover of Chipotle in restaurant megadeal

Purchase of $41bn market-value burrito chain would rank as largest restaurant acquisition of all time

Trump says US ‘will not be attacking Iran’ before midterm elections

President says Washington and Tehran are having ‘productive discussions’

Is France too blasé about borrowing costs?

Rising bond yields raise concerns about wider contagion

Microsoft banned from sponsoring foreign workers for US residency

Announcement impacting several tech groups marks White House’s latest attempt to limit immigration