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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS has unveiled its first quarterly loss in nearly six years as it bears the costs of the takeover of its former rival Credit Suisse. The $785mn net loss was bigger than the $444mn expected

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. New legislation to mandate annual North Sea oil and gas licensing rounds will be at the heart of the King’s Speech on Tuesday, as Rishi Sunak looks to exploit a key policy divide with Labour

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ken Griffin, the founder and chief executive of $62bn US hedge fund Citadel, has warned regulators that they should focus their attention on banks rather than his industry if they want to reduce risks in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jobs growth in the US slowed sharply in October, according to a fresh labour market report that is likely to shape interest rate expectations for the world’s biggest economy. US employers added 150,000 new roles

Ya’akov Levin was a life-long supporter of Likud, the centre-right party of Benjamin Netanyahu, Israel’s prime minister. But after Hamas’s bloody rampage through southern Israel on October 7, he says he will never vote for it again. “Netanyahu sold himself as Mr Security and then this happened,” the Jerusalem wine merchant said. “He has to

Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The Federal Reserve held interest rates at a 22-year high on Wednesday but kept open the possibility of additional monetary tightening amid mounting evidence the US economy remains strong. The meeting is the second

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU’s stores of natural gas are nearing full capacity, leading the bloc’s energy companies to park excess reserves in Ukraine ahead of the peak demand of the winter months. According to figures from Gas

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russia has restricted western companies selling their Russian assets from withdrawing the proceeds in dollars and euros, imposing additional de facto currency controls in an effort to shore up the weakening rouble. Western companies exiting

Israel has pressed on with its ground offensive in Gaza for a second night as prime minister Benjamin Netanyahu said the country had launched a new phase of its “long and hard” war to destroy Hamas. Daniel Hagari, IDF spokesman, said on Sunday that Israel had sent more troops into Gaza overnight and combat operations

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel said its Gaza offensive was “advancing” after fighting through the night in a significantly expanded ground operation under the cover of an intense aerial bombardment that has knocked out most communications in the enclave.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military said on Friday night that its ground forces were ramping up their operations in the Gaza Strip, as its air force launched an intense bombardment that knocked out the enclave’s telecommunications systems. Israel’s

Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. The US military struck two facilities in eastern Syria that it identified as linked to Iranian-backed militias, defence secretary Lloyd Austin said, following more than a dozen attacks on American forces in

Benjamin Netanyahu said Israel was “preparing a ground invasion” of the Gaza Strip, in one of the clearest statements yet that his government is planning to enter the Palestinian enclave in its war to topple Hamas. In an address to the nation on Wednesday evening the Israeli leader vowed to fight the militant group “above

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French president Emmanuel Macron said the release of all hostages seized by Hamas should be the “first objective” of Israel and its allies as western capitals urged more time for negotiations and the entry of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has freed two more of the dozens of hostages its militants captured during their assault on Israel earlier this month, amid ongoing diplomatic efforts to contain the soaring tensions in the Middle East. The

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US said it was sending more advanced weapons systems to the Middle East and the Israeli military warned Lebanon to rein in the militant group Hizbollah, reflecting growing concerns that Israel’s war against Hamas

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A small convoy of international aid entered Gaza on Saturday morning, hours after two American hostages were released by Hamas after mediation from Qatar. Some 20 trucks carrying medicines and canned food entered the southern

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has released two US hostages captured during its devastating assault on Israel almost two weeks ago, amid intense diplomatic efforts to ease tensions in the Middle Eastern conflict and deliver humanitarian aid to suffering

Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Joe Biden urged Congress on Thursday to approve a security package for Israel and Ukraine worth tens of billions of dollars, saying America needed to overcome its domestic divisions to protect two vital allies

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US president Joe Biden landed in Israel on Wednesday amid a storm of recriminations over an explosion at a hospital in Gaza that, according to Palestinian officials, killed hundreds of people and inflamed tensions in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gaza’s health ministry said hundreds of people had been killed after an Israeli strike hit an outdoor area attached to a hospital in the besieged Palestinian territory. The Palestinian health ministry, which is run by