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Live coverage: Trump admits Iran war a factor as Republicans routed
President’s party defeated in battleground races from Kansas to South Carolina
Europe hails Democrats’ US midterm victory as a rebuke of Trumpism
Leaders say result should continue moves to de-risk reliance on Washington
FirstFT: Blue wave sweeps US
Also in today’s newsletter: Iran war and Qatar’s US LNG purchases
Inflation and interest rates tracker: see how your country compares
Explore the latest data through interactive charts
Eurozone inflation rises to 4% in October
Consumer prices accelerate at fastest pace in three years
Gibson Dunn in talks to hire 120 lawyers from Weil as firm …
Move follows unravelling of near-century-old law firm following a talent exodus
European Stocks Rise After Midterms as Renewables and Banks Jump
European stocks extended gains after Democrats won control of both chambers of Congress in the US midterms, with renewables and banks outperforming.
Japanese Stocks Sink as US Midterm Results Hit Tech Shares
Japanese equities sank amid indications of Democratic gains in Tuesday’s midterm elections, a scenario some strategists had said would weigh on AI stocks.
Palm Oil Sinks to Lowest Since June as Stockpile Concerns Mount
Palm oil futures dropped for a third session to the lowest level since mid-June on concerns about swelling stockpiles in Malaysia, the world’s second-biggest grower.
Musk’s Tesla, SpaceX Slide as Democrats Sweep Congress
Shares of Elon Musk’s Tesla Inc. and Space Exploration Technologies Corp. fell ahead of Wednesday’s US stock-market opening as Democrats swept to control of Congress, …
Bain Capital Chair Expects $30 Billion of Exits This Year
John Connaughton, Chair at Bain Capital, says he is optimistic about the firm’s Asia business and hopes to build momentum with exits in China. He …
Asia Stocks Erase Early Losses as AI Worries Subside
Asian stocks recovered almost all early losses Wednesday as concerns surrounding the global artificial intelligence trade eased.
US, Russia and China discuss meeting between Trump, Putin and Xi
US president is travelling to Shenzhen in two weeks to attend Apec summit
Renewable Stocks Surge After Democrats Sweep Congress
Renewable energy stocks rallied around the world after the Democrats won control of both chambers of Congress in the US midterm elections, an outcome seen …
A year after devastating fire, Hong Kong struggles to make amends
Authorities have apologised and a minister has resigned after 168 died in worst tragedy in decades. Will it be enough?
Treasuries Rise on Democrat Win as Traders Await Refunding Plan
Treasuries rallied as the Democrats won control of the US House, pointing to a political environment that may limit the Trump administration’s tax and spending …
Cricket Australia chief defends controversial sale plan
Todd Greenberg on private investment and the push to stay competitive in the global game
India’s Consumer Spending Boom Comes With Growing Debt Bill
When 25-year-old restaurant worker Navjot Singh wanted an iPhone he couldn’t afford on his monthly salary of 50,000 Indian rupees ($521), taking out a small …
Gold Surges Above $4,000 as Dollar, Yields Fall on Democrat Win
Gold surged above $4,000 an ounce as the dollar and Treasury yields fell after Democrats swept the US midterm election, a result that could constrain …
US Stock Futures Rebound as Election Uncertainty Evaporates
US equity index futures rallied, reversing earlier losses, after the Democrats swept to power in Congress and President Donald Trump said he would accept the …
Renewable groups will have to invest in UK communities where they build …
A new energy independence bill for England, Scotland and Wales will herald a change from the existing system of voluntary support
Latest Oil Market News and Analysis for Nov. 4
Brent crude oil futures dropped below $100 a barrel for the first time since early October as US President Donald Trump played down the prospect …
CVS Health moves to dismantle $117bn healthcare empire
Potential spin-off of drugstore business comes as political pressure mounts on pharmacy benefit managers and health insurers
Will midterm results deliver victory for Democrats?
The races, the money and the issues that will determine the final half of Trump’s second term
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