Anthropic and Nscale in talks for second multibillion-dollar deal
AI start-up looks for more computing power from UK data centre group
Healey rules out increasing capital gains tax in the Budget
Chancellor decides against raising CGT rates after business leaders warned it would damage confidence in the economy
FirstFT: China’s economy picks up pace as AI boom supercharges exports
Also in today’s newsletter: Saudi Arabia postpones ‘Davos in the desert’ and French bond sell-off intensifies
OpenAI employee accused of bugging had links to Saudi royals, prosecutors claim
US judge rules Abdulrahman Alfozan should not be released on bail after US government argued he had ‘considerable support from a foreign government’
New York pensions chief says private equity firm sought to expense jet use
Head of city’s $326bn Retirement Systems hits out at ‘steady creep’ higher in fees charged by managers
South Africa’s president eyes trade with China and India as US ties sour
Cyril Ramaphosa says Pretoria wants to take advantage of growing tariff-free access benefits with Beijing
Japan launches mission to make first return trip to Mars
Voyage took off early Tuesday morning Japan time and will be watched for further potential signs of life on red planet
US stocks recover after AI sell-off
Nasdaq 100 rises following biggest weekly drop since last year’s trade war rout
French bond sell-off intensifies after riots and looting
Authorities introduce curfews and admit police botched oversight of protests
Digital gold market triples to $55bn as younger investors pile in
World Gold Council survey puts global ownership of tokenised gold holdings at 370 tonnes
France’s riots expose the impotence of its political class
Shocking violence highlights deepening social division, fiscal constraints and a crisis of leadership
Crystal Lake — an enjoyably gruesome Friday the 13th prequel
This A24-produced series finds plenty of contemporary grist in the origin story of Pamela Voorhees, a mother mourning the death of her young son
Indonesia expels tightly held companies from Jakarta index in bid to avoid MSCI downgrade
Global index provider has repeatedly raised concerns over investability in south-east Asia’s largest economy
Saudi Arabia to postpone ‘Davos in the desert’ after Houthi attacks
Flagship Future Investment Initiative was scheduled to begin next week in Riyadh but will now take place next year
EU drops push for global ban on Arctic drilling
Brussels’ new strategy excludes 2021 pledge to work towards a ‘multilateral legal obligation’ not to allow any further hydrocarbon development in the polar region
Former chair of Monte dei Paschi accused of role in executive’s death
Giuseppe Mussari has branded claims of his involvement as false and defamatory
India’s democracy once went looking for voters. Not any more
The franchise is being recast as a privilege citizens must repeatedly prove they deserve
Data centres need protection from drone warfare
AI infrastructure designs may now need to incorporate blast-resistant concrete, jamming gear and missile-defence systems
Submit a question: Could Anthropic’s IPO be a turning point for AI?
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BoE scrutinises Barclays over claim traders misrepresented private credit exposure
Regulator received complaint that UK lender understated the risk of derivatives it used to finance private credit loans
Australian MP struck by car in alleged attack
A suspect is in custody after lawmaker sustained ‘critical injuries’ but the motive remains unknown
Violent protests multiply across Europe
Looting and clashes with police take place in Milan, Brussels, Liège and Tirana
The best exhibitions to see in London this weekend
The FT’s critics recommend the most compelling 2026 shows, from Anish Kapoor and Barbara Hepworth to Frida Kahlo to Zurbarán
North Sea oil producer threatens to stop investing if UK blocks Rosebank oilfield
North Sea oil producer links approval of near-$4bn field delayed by environmental concerns to future projects in Britain