China faces uphill battle to wean tech firms off Nvidia chips
The country’s tech giants are snapping up products never designed to power advanced AI to satisfy soaring computing demands
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English councils warn of a £10bn overspend on special needs support
Local authority leaders call for another multibillion-pound bailout from central government to cover rising costs
Trump says he is considering firing Guilfoyle over alleged misconduct
US president is ‘looking at’ dismissing the ambassador to Greece after report claiming she accepted improper gifts while in office
FirstFT: Mark Zuckerberg says Meta has reached AI ‘frontier’
Also in today’s newsletter: Musk injects $275mn into Republicans’ midterm fight and Riyadh strikes defiant tone after Houthi attacks
France raises stake in struggling miner Eramet
Paris set to become top shareholder as states race to secure critical mineral supplies
Bosnia warns US of pro-Russia Serb enclave’s lobbying efforts
Foreign minister expresses concern about public funds used for ‘political influence in the US’ on behalf of Moscow allies
Houthi assault on Saudi airports strikes at MBS’s economic vision
Deadly bombardment of Riyadh’s international airport threatens crown prince’s plans to turn kingdom into finance and events hub
Burnham met Manchester City chair twice as mayor
Greater Manchester Combined Authority discloses meetings took place but not what matters were discussed
Watch out luxury: mid-market fashion brands are staging a comeback
While LVMH’s sales slid more than the market expected in recent months, Uniqlo’s are going gangbusters
The diesel crisis is testing the limits of globalisation
Seemingly rational choices by individual states will weaken collective energy security and accelerate fragmentation
Zuckerberg says Meta has reached AI ‘frontier’ and rejects calls for slowdown
FT interview: tech billionaire touts release of new Muse Wonder model after vast spending to challenge rivals in AI race
Why women look online for answers to inequality at work
Senior managers should acknowledge that current reporting systems too often shift risk to those who raise concerns
Trump’s Russian diesel gambit is cynical and won’t work
The US president risks harming Ukraine to curb prices driven up by his own war
Nobel Prize goes to two economists who transformed crisis management
Robert E Hall and Michael Woodford helped central banks respond to 2008 financial turmoil
Musk injects $275mn into Republicans’ fight to retain Congress
Trillionaire Tesla chief has become party’s biggest donor ahead of November’s pivotal midterms
It’s time for the UK to reward whistleblowers financially
Incentivising insiders to come forward will transform how we tackle fraud
LVMH’s fashion and leather sales fall in luxury setback
Paris-listed group hails ‘buoyant’ US market but says sales were hit by slowdown in demand in China
US agents raid home of Trump critic Ilhan Omar
Homeland Security officials launch criminal investigation into the Minnesota representative in latest action against the president’s political enemies
Burnham vows to sanction Iran over RAF Fairford incident
Prime minister says actions were “almost certainly directed” by Islamic Revolutionary Guards
Women’s chess team She Plays to Win includes men’s world No 11 Anish Giri
Puzzle: spot the winning move to defeat Hans Niemann
Can a financier really revive LIV Golf?
BC Partners’ Ted Goldthorpe is hoping to prove the doubters wrong in pulling the circuit out of bankruptcy and making global team golf viable
EssilorLuxottica heir reveals drug struggles as rift with CEO grows
Scion of Del Vecchio family has become increasingly outspoken against former mentor Francesco Milleri
Nato’s supreme commander warns Moscow against attacks in Europe
Alexus Grynkewich says Russia’s ‘hybrid’ war is unsettling even if conflict is not imminent
Franco-German deal on EU car policy is ‘imminent’, says Macron
Agreement would push back Europe’s phaseout of combustion engines and boost car production on the continent to combat Chinese competition
Europe is finally confronting China
At last, the French and the Germans are getting serious about standing up to Beijing’s mercantilism
Labour plan to cut funds from heat pump scheme sparks industry backlash
Energy department ordered to find £2bn of savings as part of Downing Street drive to boost defence spending
India’s Modi faces ‘bitter pill’ as Cockroach protests mount
Widening unrest takes aim at election integrity and threatens prime minister’s legitimacy
The EU has more bark but lacks bite towards China
Germany’s apparent shift towards trade belligerence is unfocused and unproven
Tarek Atoui wants Turbine Hall visitors to hear his art — and feel the sound
The experimental Lebanese artist on filling the Tate Modern space with a vast array of obscure instruments and inviting dozens of musicians to take part
Redwood — Ben Macintyre decodes the murky ethics of the cold war
In his characteristically pacy style, the writer recounts how a Soviet defector helped the west prevent Armageddon in Iran but at some personal cost
Private equity puts string of UK high street names up for sale
Owners of PizzaExpress, Morrisons and Third Space seeking exits as buyout groups cool on sector
Redwood — Ben Macintyre decodes the murky ethics of the cold war
In his characteristically pacy style, the writer recounts how a Soviet defector helped the west prevent Armageddon in Iran but at some personal cost
Why AI won’t kill the creative class
Used right, the technology can unleash human creativity rather than destroy it
Prune Nourry: how I resurrected Paris’s forgotten female artists
When she visited the Petit Palais museum, the artist realised just four per cent of the sculptures were created by women — she aims to correct the balance
A tale of two possums
In Australia the marsupials are treated with reverence, while in New Zealand they are being turned into ponchos
Britain, Brexit and the cat-flap option
The political, strategic and economic momentum for a reversal of Brexit is growing
Whisky highballs, fantastic fairies and a very White House indeed – don’t miss HTSI’s top reads
Catch up on our most-clicked stories
To the manor reborn
Tamsin Wimhurst and Mike Muller love to fund the ‘unfundable’. This 17th-century Wiltshire pile is their latest project