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The Latest Breaking News from FT

JP Morgan CEO warns world may be facing most dangerous time in decades – business live

Jamie Dimon says war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships

The Guardian - UK

New exposé around the corner? Adani Group slams Financial Times for ‘next attack’

Perhaps preempting a new story on its operations, the Adani Group issued a statement yesterday lamenting a “renewed attempt” by the Financial Times “to rehash old and baseless allegations to tarnish the name and standing of the Adani Group”.

Newslaundry

Alibaba’s Belgian hub is being monitored over ‘espionage’ concerns, report says

A representative for Alibaba told Fortune it strongly denied the claims "based on prior conjecture."

Fortune

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WTO slashes world trade forecast as manufacturing slowdown bites – as it happened

Rolling coverage of the latest economic and financial news, as WTO warns that global economic fragmentation is hurting trade growth

The Guardian - UK

IMF Head Backs Reforms To Increase China’s Voting Power

IMF's Georgieva supports giving China more voting power amid global economic changes.

Zenger

Iranian officials mulling over use of AI to issue fatwas

‘Robots can’t replace senior clerics, but they can be a trusted assistant that can help them issue a fatwa faster’

The Independent UK

Putin oligarch says Russia has weathered sanctions after 'way less' than 30% of the economy collapsed

Oleg Deripaska admitted Russia cannot achieve its objectives, but warned Ukraine would not repel his country's invading forces from its land either.

Fortune

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Financial Times returns to profit despite print circulation cut

The FT said it had “work to do in relation to race” after a rise in senior ethnic minority employees quitting the firm and an increase in its ethnicity pay gap

Evening Standard

Lego’s big plan to make bricks out of recycled plastic bottles would have actually made emissions worse

The company's CEO told the FT the equipment needed to create climate-friendly RPET would have been more harmful than keeping its oil-based bricks.

Fortune

Beer could run low as climate crisis decimates Europe’s barley crops, warns the CEO of Japanese brewer Asahi

Barley supplies could shrink by as much as a quarter in major exporters in a worst-case climate change scenario, Asahi CEO Atsushi Katsuki told the FT.

Fortune

Oil hits $95 per barrel; CBI postpones annual meeting amid ‘cashflow challenges’ – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits 10-month high and CBI puts annual meeting on hold amid financial woes

The Guardian - UK

Russia-Ukraine war: Russian lines breached, says Ukraine; Zelenskiy to meet Brazil’s president – as it happened

Capture of Andriivka and Klishchiivka has meant breaking Russia’s defensive line, Ukraine general says; presidents due to meet at UN summit

The Guardian - AU

Farhad Moshiri plots exit after ruinous reign but Everton’s future still unsure

777 Partners is in line to replace the current owner but the Americans have a reputation of not improving their other clubs

The Guardian - UK

Tory party ‘acted swiftly’ to block would-be MPs after MI5 warnings

Party removed two people from candidates list after MI5 warned in 2021 they could be Chinese spies

The Guardian - UK

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The Hindu

IIMK secures place among top B-schools in Financial Times global ranking

.IIMK achieves remarkable milestone by securing 77th position globally in FT Masters in Management Ranking 2023; 10th in Asia & 4th among all IIMs. Criteria considered include graduate salary, salary increase, value for money, career progress, female faculty & students. Director credits success to faculty & staff's dedication & passion.

The Guardian - UK

Origin City, London: ‘A nose-to-tail ethos’ – restaurant review

As Smithfield meat market gets ready to close, a superb new meat-led restaurant opens up its doors

Newslaundry

Journalists from G20 nations discuss press freedom challenges: Collaboration, arrests and business models

Days ahead of the G20 Summit in New Delhi, journalists from several participating countries joined a virtual event to discuss several issues pertaining to the news media, to remind G20 leaders that “press freedom also matters”.

Evening Standard

Labour’s Rachel Reeves heckled for ruling out tax rises for the rich

The shadow chancellor got a rowdy reception from the FT crowd

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news in one place.

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Evening Standard

Richard Osman: the TV quiz industry is ‘sort of collapsing’

It’s Pointless to work on a quiz today, thinks the TV man turned author

The Week

Is Britain’s infrastructure failing?

“We need to talk about the dire state of British transport infrastructure.” So wrote John Burn-Murdoch, chief data reporter for the Financial Times (FT), on Twitter.

The Week

Covid-19: where we are now

An increase in Covid cases over the summer, driven by new Omicron variants, has led scientists to warn that the world is vulnerable to a new wave of infections.

The Guardian - UK

Bank of England must ‘see job through’ on cost of living; eurozone inflation higher than expected – as it happened

Live, rolling coverage of business, economics and financial markets as easing of chip shortage boosts British car manufacturing by a third

The National (Scotland)

Equal pay law which led to huge payout for Glasgow workers ‘scrapped’ after Brexit

THE right of women to receive equal pay with men for doing the same job was scrapped after Brexit, it has emerged.

Ballotpedia

Examining BlackRock’s shift away from ESG

The Economy and Society letter is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and governance (ESG) trends and events that characterize the growing intersection between business and politics.

The Week

Searching for ‘sea wolves’ in Canada

Most wolves are land-based predators, working in packs to chase down the likes of deer and elk. But on the coastal islands of British Columbia, these adaptable creatures have carved out a different existence, said Andrew Eames in the FT. Having come for the venison, they’ve stayed for the seafood,…

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