Zero-alcohol beer and hard seltzers drive growth for AB InBev
Soft drinks volumes rise 4% while beer volumes fall 0.1% in third quarter amid China slump
Alphabet spells out more AI capex, China+1 doesn’t add up
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Shell lifts buyback as high oil price drives bumper profits
Oil major reports adjusted earnings of $10.8bn for the third quarter, its second highest on record
How much more tax could you pay? Submit a question
Our experts will analyse the proposals and answer your questions in a live Ask an Expert Q&A today at 12pm (GMT)
Lloyds profits surge as UK lender buoyed by higher rates
Bumper results come a day after chancellor John Healey hit lenders with tax increases
VW reports €6bn loss as China sales slump
Europe’s largest carmaker says earnings power ‘too low’ to continue investing strongly in its future
Hong Kong leader apologises after devastating fire
Tai Po blaze was one of the worst in the territory’s history
Healey pledges to cut welfare spending as he defends Budget
Chancellor promises to set out plans to bring down ‘unsustainable’ bill by end of the year
US tech stocks set to fall after earnings fuel AI spending concerns
Nasdaq 100 to open 1% down after Google parent Alphabet and Microsoft report lower than expected capex
The Fed plays for time (but doesn’t have much)
Plus, tech results and UK bank taxes
FTAV’s further reading
Judgment; credit; bonds; crisis; Lula; China; swaps; valuation; surveillance; touchscreens
Hello Kitty gets caught up in Japan-China spat
Sanrio apologises for collaboration with wartime spy thriller that drew outrage over depiction of torture
EU can compete with US AI giants, says Brussels’ frontier-model champion
Also in this newsletter: Are the EU’s short seller rules fit for purpose?
What has caused the bad economic vibes, and does it actually matter?
Level-headed consumers
FirstFT: What’s next for Burnham after the Budget?
Also in today’s newsletter: US holds rates and Google shares tumble
Transcript: Can Netanyahu hold on to power?
Gideon Rachman speaks with political analyst Dahlia Scheindlin
Global Cultural Futures
Seven articles highlight breakthroughs and dilemmas as technology spreads further into cultural artefacts in the creative industries, the home and museums
Weil’s Lehman moment
The law firm’s leadership held a meeting with partners to recommend winding the practice down
Healey’s autumn Budget kicks off the gas doom loop
Scrapping the standing charge will accelerate households’ move towards alternatives such as heat pumps
Israel vote leaves door open to Iran attack
Netanyahu could launch fresh bombing campaign with US while he serves as caretaker prime minister during coalition talks, security experts say
What we learnt about European banking’s almost-fab five
UBS, Santander, Deutsche Bank, BNP Paribas and Standard Chartered’s results showcace region’s various business models — and problems
Israel’s ‘Houdini’ and his latest escape
Ever the political survivor, Benjamin Netanyahu retains a chance at a fresh term even after the failures of October 7
Private equity grows up
The past decade has demonstrated that PE at scale is a differentiated asset class — not a better form of capitalism
How Flávio Bolsonaro fled Brazil
Facing a money laundering probe, the losing presidential candidate said he had never thought of leaving. The next day he was gone