Today In The Markets

Lego has abandoned its highest-profile effort to ditch oil-based plastics from its bricks after finding that its new material led to higher carbon emissions, in a sign of the complex trade-offs companies face in their search for sustainability. The world’s largest toymaker announced two years ago that it had tested a prototype brick made of

Receive free Russian business & finance updates We’ll send you a myFT Daily Digest email rounding up the latest Russian business & finance news every morning. Russia has succeeded in avoiding G7 sanctions on most of its oil exports, a shift in trade flows that will boost the Kremlin’s revenues as crude rises towards $100

Receive free Artificial intelligence updates We’ll send you a myFT Daily Digest email rounding up the latest Artificial intelligence news every morning. Artificial intelligence poses a “bracing test” to the multilateral system, the UK government has warned, as it seeks to align countries including China behind its vision for regulating the technology’s “societal-scale” risks. Speaking

Receive free US economy updates We’ll send you a myFT Daily Digest email rounding up the latest US economy news every morning. The writer is chair of Rockefeller International The American economy is estimated to have grown at a rate of 3 per cent or more this quarter, a pace as blistering as it was

Receive free Confederation of British Industry updates We’ll send you a myFT Daily Digest email rounding up the latest Confederation of British Industry news every morning. The CBI has secured its short-term future with fresh funding to help plug a financial shortfall after dozens of members quit the UK’s largest business lobby group in April

Receive free HS2 updates We’ll send you a myFT Daily Digest email rounding up the latest HS2 news every morning. Rishi Sunak is facing a renewed backlash from Conservative and Labour politicians, business executives and university leaders after the government refused to rule out scrapping Britain’s beleaguered High-Speed Rail 2 project beyond Birmingham. Speculation about

Receive free EU enlargement updates We’ll send you a myFT Daily Digest email rounding up the latest EU enlargement news every morning. “The international order is changing [and] the EU must change with it.” The words of Prime Minister Pedro Sánchez when Spain took over the EU’s rotating presidency this summer sum up Europe’s new

Receive free English devolution updates We’ll send you a myFT Daily Digest email rounding up the latest English devolution news every morning. English devolution is now at a “coming of age moment”, one of the country’s most high profile mayors has said ahead of the UK’s political conference season. Greater Manchester mayor Andy Burnham was

Receive free UK social care updates We’ll send you a myFT Daily Digest email rounding up the latest UK social care news every morning. Social care funding in England will have to rise by more than £8bn over the next 10 years simply to keep pace with demand, and grow at more than double the

Receive free THG PLC updates We’ll send you a myFT Daily Digest email rounding up the latest THG PLC news every morning. A sale of a business park owned by THG boss Matthew Moulding, which also houses the ecommerce group’s headquarters, has fallen through.  The ecommerce group, which runs websites Lookfantastic and Myprotein, is a

Receive free OSCE updates We’ll send you a myFT Daily Digest email rounding up the latest OSCE news every morning. The chair of the Organisation for Security and Co-operation in Europe has vowed not to let the world’s largest security body “collapse” as vetoes by Russia in the wake of Moscow’s invasion of Ukraine leave

Receive free Media updates We’ll send you a myFT Daily Digest email rounding up the latest Media news every morning. Two main schools of thought seem to have led the responses to the shocking allegations of rape and sexual assault that have been made against comedian and YouTuber Russell Brand over the past week or

Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. As evidence mounts that global economic activity is slowing, economists, financial markets and most central banks have become convinced that no further interest rate rises will be needed. This week policymakers in the

Receive free Private equity updates We’ll send you a myFT Daily Digest email rounding up the latest Private equity news every morning. Some of the world’s largest private equity firms are accelerating a pivot away from mega buyouts and into businesses such as private credit as higher interest rates force them to tear up their

Receive free Sovereign bonds updates We’ll send you a myFT Daily Digest email rounding up the latest Sovereign bonds news every morning. Hedge funds have been rushing to unwind bets against Britain’s £2.5tn government bond market as investors become increasingly convinced that the Bank of England is nearing the end of its rate rising campaign.

Receive free Chinese society updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese society news every morning. Tens of thousands of Chinese college freshmen began their English language classes this month with an in-depth study of “Never Forget Why You Started”, an article in which President Xi Jinping describes his