US orders some personnel to leave Saudi Arabia after Houthi attacks
Decision comes as two people were killed in a drone attack targeting Saudi Aramco’s Shaybah oilfield
Musk sets lower sales target for Tesla as it explores SpaceX merger
Carmaker reports flat revenue and falling profits as it pivots from electric vehicles to AI
Amazon warns new cyber flaws detected using AI are being ‘broadly exploited’
Researchers used OpenAI and Google models to find severe faults in software used on the majority of websites around the world
Is corporate India’s exuberance merited?
The gap between corporate India’s public optimism and household and investor anxiety has become increasingly apparent
Poor-quality degrees ‘tarnish’ reputation of English universities, regulator warns
Office For Students warns outcomes were worse than for students attending sponsoring institutions
UK students who graduated in 2024 more likely to be unemployed
Problems facing small businesses a bigger factor than AI in tough jobs market, analysis shows
MI5 tracked NHS founder Bevan for 27 years, files show
Revelation reflects long-term nervousness at security service about standard-bearer of Labour’s leftwing from the 1930s to the 1950s
China’s drugmakers move into the big league
Foreign pharma groups are now paying to access innovation developed locally
FT Crossword: Number 18,512
Meta agrees deal to keep Zuckerberg in California despite wealth tax proposal
Group to create new class of non-voting shares to allow stock sales without diluting founder’s control
Buyout firm EQT acquires German diagnostics group in €10.8bn deal
Move for Germany’s Qiagen is one of the largest take-private transactions in Europe this year
LSEG nears $3.5bn deal to buy credit data specialist Octus
Transaction would enhance London Stock Exchange Group’s services for customers
FirstFT: Scott Bessent shrugs off ‘systemic’ AI risks at private event with investors
Also in today’s newsletter: Elon Musk’s $3.6tn gamble and China’s battery makers race to invest abroad
Submit a question: Could Anthropic’s IPO be a turning point for AI?
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Republicans head into midterms with huge spending advantage
Filings show the party and its affiliated groups have amassed a big war chest but polling favours Democrats in many races
Abbott to spin off nutrition unit at centre of baby formula lawsuits
US healthcare group plans to create standalone public company with $8.5bn in annual sales
GM aims to leapfrog rivals with new generation of autonomous cars
Detroit carmaker’s chief product officer Sterling Anderson plans to put fully self-driving private vehicles on the road by 2028
Trump envoy proposes Ukraine talks and summit with Putin and Xi
Steve Witkoff discusses resumption of peace dialogue with Russian president followed by US-China-Russia meeting next month
EU set to delay push for cheaper UK university fees for bloc’s students
Concession could help the two sides finalise a ‘reset’ deal at a summit next month
Bessent shrugs off ‘systemic’ AI risks at closed-door investor conference
Treasury secretary spoke to financiers at charity event where tickets cost $7,500
The French Revolution's disastrous money experiment | The Story of Money
Did the revolution's economic turmoil pave the way for Napoleon's rise to power?
CVC explores bid for Verisure just one year after IPO
Shares in Swedish-listed security group trading 30% below their price at flotation
Ghana in talks with European nations for reparations, president says
John Mahama says efforts are focused on securing the return of artefacts stolen during the centuries of the slave trade and colonialism