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66.9KMedia
OpenAI trims valuation target to $1.25tn after pitching higher price ft.trib.al/jPYrZWg

OpenAI trims valuation target to $1.25tn after pitching higher price

AI lab floated $1.4tn price tag earlier this month, according to documents seen by the FT

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The AI company's valuation target is an almost 50% jump from its current $852bn valuation, but is lower than the $1.4tn price tag pitched to investors earlier this month, according to people familiar with the matter.
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UK urges public and business to better prepare for emergencies ft.trib.al/H2Jo2Zu

UK urges public and business to better prepare for emergencies

Ministers urge households to stock up on essential items amid growing risk of natural disasters, cyber attacks or state-sponsored terrorism

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Moderna shares sink after leaked cancer data missed expectations ft.trib.al/Mn69gOa

Moderna shares sink after leaked cancer data missed expectations

Melanoma vaccine treatment cut risk of recurrence or death by 58% but failed to exceed Wall Street’s lofty expectations

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'If fuel comes down, I think airfares probably stay largely where they’re at right now,' American Airlines' finance chief said. ft.trib.al/elJ7a4b
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Airfares will not return to pre-Iran war levels, American Airlines warns ft.trib.al/Vf1NEkw

Airfares will not return to pre-Iran war levels, American Airlines warns

Some industry chiefs say travellers should expect a further rise in ticket prices next year

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Just published: front page of the Financial Times, UK edition, Friday October 23 ft.trib.al/AoEOxjx
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Just published: front page of the Financial Times, international edition, Friday October 23 ft.trib.al/bnlOFR6
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UK waters down ‘fit and proper’ rules set up to hold bankers to account ft.trib.al/WMb1K7f

UK waters down ‘fit and proper’ rules set up to hold bankers to account

Existing regulatory regime was instrumental in actions against former Barclays boss Jes Staley and hedge fund owner Crispin Odey

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Donald Trump said last year that a drop-off in international visitors was 'not a big deal' but in recent months he has moved to reassure the US tourism industry. ft.trib.al/sOKqYS7
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Trump ordered to face BBC questioning in $10bn defamation lawsuit ft.trib.al/dlpamFp

Donald Trump ordered to face BBC questioning in $10bn defamation lawsuit

President must appear by December 11 after attending campaign rally on date previously set for his deposition

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US to fund speculative energy venture backed by investors with ties to Trump ft.trib.al/O9N8Gja

US to fund speculative energy venture backed by investors with ties to Trump

Commerce department to take $175mn equity stake in nuclear fusion start-up Helion financed by brother of the president’s son-in-law

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Starlink saga shows why Europe must catch up in space ft.trib.al/2C2iGkd | opinion

Starlink saga shows why Europe must catch up in space

US tech is far ahead, but Brussels still needs its own satellite networks and launch capacity

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Steve Cohen takes Hertz for a defensive spin ft.trib.al/GeDe0XN | opinion

Steve Cohen takes Hertz for a defensive spin

The hedge fund boss is taking a punt on just a part of the heavily indebted car rental company

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Are we sleepwalking into a third world war? ft.trib.al/cQfO8Ac
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Creditors to Sanjeev Gupta’s first UK steel plant appoint liquidators ft.trib.al/6Uix7NO

Creditors to Sanjeev Gupta’s first UK steel plant appoint liquidators

Collapse into insolvency of historic Welsh steelworks threatens future of 50-year-old plant

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Emmanuel Macron warned that the government will ban protests that are not organised by legitimate groups such as unions to prevent a repeat of the rioting and looting that erupted across France last weekend. ft.trib.al/MwLrPiQ
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Britain secures gas supply from Belgium before winter crunch ft.trib.al/Aqnm3CN

Britain secures gas supply from Belgium before winter crunch

Last-minute deal comes after years of falling domestic gas production

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Trump’s tourism push fails to lure visitors ft.trib.al/K1mvGTW

Donald Trump’s tourism push fails to lure visitors

Number of tourist arrivals in US continues to drop following football World Cup

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Sacha Baron Cohen’s creation returns for an underpowered satire of a US gone mad, says FT film critic Danny Leigh. Tap here for our review: ft.trib.al/5PLilor
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