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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. Sam Altman was pushed out of OpenAI over a “breakdown in communications” with the company’s board rather than financial impropriety or malfeasance, according to an internal memo sent to staff at the ChatGPT parent and

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt has warned that he will have to make “difficult decisions” on welfare spending as he seeks to make room for tax cuts, setting the scene for a politically contentious Autumn Statement in the

A senior US official has insisted Hamas must release a large number of hostages before there can be a “significant pause” in Israel’s offensive on Gaza or a surge of aid into the strip, underscoring the deep divide between Washington and its Arab allies. Brett McGurk, the White House’s Middle East adviser, said “simply calling

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt will outline further devolution plans for England’s elected mayors in the Autumn Statement this week, which are likely to fall short of some of the regional leaders’ more ambitious demands. The UK chancellor

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. By naming 53-year-old Janet Truncale as its next global chief executive, EY will hope it can put behind it a nasty bushfire ignited by one rival candidate over the final leadership taboo: old age. During

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hundreds of patients left al-Shifa hospital in Gaza City on Saturday morning, as Israeli officials stepped up their calls for civilians to head towards a “safe zone” in the south-west of the enclave. The health

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The upheaval that hit the top ranks of pioneering AI company OpenAI on Friday has brought something that, only a day before, would have been hard to imagine. Leadership in generative artificial intelligence, the tech

In the baying arena of the House of Commons, Rishi Sunak seemed lost for words. What, a Labour MP asked, did the British prime minister consider to be the finest foreign policy achievement of his new foreign secretary, David Cameron? “There are many, many to pick from,” Sunak floundered. Was the Eurosceptic PM really going

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Jeremy Hunt has vowed that he will not do anything that undermines “the battle against inflation” in his upcoming Autumn Statement, as politicians on the right of his party demand steeper tax cuts. Hunt

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI co-founder Sam Altman has left the company abruptly after losing the confidence of the board, according to a statement on Friday from the Microsoft-backed artificial intelligence pioneer. “Mr Altman’s departure follows a deliberative review

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Moments of clear agreement in markets are rare and typically fleeting. This week saw one, however, when soft US inflation data convinced investors that the Federal Reserve will not raise interest rates in December. Any

The leaders of the world’s two superpowers had earlier wrapped up four hours of talks in San Francisco when the US president pulled out his phone and showed his Chinese counterpart a photo. “Do you know this young man?” Joe Biden asked, according to Chinese state media. “Yes,” replied Xi Jinping, smiling. “That was me

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia is preparing to prolong oil production cuts into next year as Opec+ weighs further reductions in response to falling prices and rising anger over the Israel-Hamas war. After prices hit a four-month low

Donald Trump is stepping up plans for a possible second term in office, and will focus on rooting out political foes, slapping billions of dollars of new tariffs on imports, dramatically restricting immigration, and scaling back US involvement in overseas wars. The former president has a strong lead in the polls over his rivals in

“It won’t change the price of fish” my old boss David Cameron used to say, if aides panicked over something which was tricky but ultimately insignificant. His comeback as foreign secretary is part of Britain’s slow return to something which feels more stable, less petty and more outwardly focused than it has felt since his

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US defence group Northrop Grumman has pulled out of the first stage of a competition to build a new generation of satellites for UK’s armed forces, leaving just one shortlisted contender for the tender. Northrop,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of the London Stock Exchange Group has argued that companies going public in New York do not receive a higher valuation than they would in London, responding to the drift of listings away

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Microsoft has tweaked its artificial intelligence image generator tool after concerns were raised over a viral social media trend where users created realistic Disney film posters of their dogs, highlighting broader copyright issues in the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investment bankers are different to footballers in many ways: they work longer hours, they cannot run as fast, and they have many fewer fans. But both operate in industries where stars are well rewarded and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British retail sales have fallen to their lowest level since February 2021 as consumers curb their spending in the face of punishing inflation, according to data that sent gilt yields lower. The quantity of goods

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of Israel’s military said it was prepared to expand its ground operation beyond northern Gaza, as the UN warned against attempts to corral the population into a “safe zone” in the south-west of