FirstFT: Marine Le Pen gears up for EU fight
Also in today’s newsletter: Saudi Aramco HQ attacked, and China’s exports surge
Is this the greatest Versace collection in the world?
Meet the Greek keepers of a storied fashion archive
Good Times – Potato Head’s design store in Bali
The island’s best-loved beach club is now home to a luxury shop for the eco-minded
General Atlantic plans early 2027 IPO at up to $10bn valuation
Private capital group looks to fund ambitious expansion plan to keep pace with rivals Blackstone and Apollo Global
CoreWeave targets ‘unlimited’ insurance money to fund AI build-out
Co-founder eyes insurers’ vast capital for loans as the Nvidia-backed cloud provider seeks to fund the data centre build-out
Ukraine blindsided by Starlink restrictions and intelligence gaps
Moscow ignores Donald Trump’s ‘energy ceasefire’ while Kyiv’s forces experience connectivity problems on Elon Musk’s satellite network
Turkish authorities take over country’s most-watched news channel
Dawn police raid on pro-opposition Halk TV comes after series of moves against media critics of President Recep Tayyip Erdoğan
Submit your questions: Who’s winning the trade war with China — the EU or US?
Senior trade writer Alan Beattie and economics columnist Soumaya Keynes will answer reader questions in a live Q&A on Thursday October 15 at 1pm (BST)
Crypto exchange Kraken owner to buy European bank
San Francisco-based Payward is purchasing Lithuania’s Saldo Bank as it seeks to become broader financial services company
Houthis strike Saudi Aramco headquarters
Iran-backed militants retaliate after Riyadh-led coalition targets sites in Yemen’s capital
European oil refineries’ margins collapse as input costs soar
Slump in profits raises prospect of output cuts even as continent faces soaring prices for refined products
Government finally signals action on AI
Ministers and MPs have stepped up their scrutiny of the technology after months of paying it little attention
Olympus shares suffer biggest drop since 2011 after FDA warning
Japanese medical devices maker tumbles 13.5% as private equity circles company
AI demand to exceed supply for 2 more years, says ASML
Europe’s most valuable company said its clients that include TSMC and Intel were experiencing ‘very, very strong demand’
Gold Fields mounts charm offensive to woo Northern Star investors
South African miner’s chief meets Australian shareholders to promote merits of creating global gold ‘powerhouse’
Transcript: FT Weekend Fest — Could AI make us happier?
Madhumita Murgia talks to Alain de Botton
FTAV’s further reading
Convexity angst; Deloitte and Abramovich; Anthropic assistant; Terrence Tao; AI researchers smoking
The rollout of 24-hour* trading
*It’s actually 23 hours
Le Pen casts doubt on future EU funding for Ukraine
Also in this newsletter: EU leaders urged to rethink carbon costs for industry
Maybe R-star never even existed?
Ruffer chimes in
The Story of Money with Gillian Tett and Robin Wigglesworth
They say money makes the world go round, but was it always this way? Join Gillian Tett and Robin Wigglesworth on The Story of Money as they revisit the pivotal moments when money shaped history.
Russia arrests Japanese journalist on espionage charges
Detention of Hokkaido Shimbun reporter follows series of arrests denounced as politically motivated
Transcript: France’s Marine Le Pen readies for fight with EU
Marc Filippino speaks to Roula Khalaf, Stephen Foley and Charles Clover
UK’s Schillings sets up private investigations business with US law firm Clare Locke
Groups known for battling the press set up US intelligence company co-led by a former senior CIA official