Correction: Canadian advertising campaign
The Canadian province that launched a US television advertising campaign critical of President Donald Trump’s tariffs was Ontario, not Ottawa as stated in an article on October 25
Nexperia faces ‘existential threat’ after Dutch seizure, Chinese owner warns
Hundreds of jobs at chipmaker at risk in the Netherlands, Germany and UK, says parent company Wingtech
Keurig Dr Pepper’s private equity shot goes down smoothly
Apollo and KKR’s investment neatly illustrates buyout barons’ civilised new look
Letter: Novo Nordisk’s board revamp tests UK governance standards
From Bernadette Young, Director, Indigo Independent Governance, Westcliff-on-Sea, Essex, UK
HSBC warns on wider risks from private credit blow-ups
Collapse of First Brands Group and Tricolor Holdings has unnerved investors
Betclic owner buys controlling stake in German rival from CVC
Banijay deal values Tipico, Germany and Austria’s leading sports betting operator, at €4.6bn
Letter: Road density depends on the statistic you choose
From Vic Paine, Corwen, Denbighshire, Wales, UK
Letter: Africa’s transport sector needs multimodal approach
From Edna Odhiambo, Climate Adviser, Nairobi, Kenya
Letter: How property tax could incentivise downsizing
From Martin Steward, London SW4, UK
Venezuela suspends Trinidad gas deals over US military build-up
Twin-island nation has been a vocal supporter of Donald Trump’s campaign against alleged drug traffickers
Big tech’s big gamble
How much AI is the market willing to finance?
European groups still in ‘wait-and-see’ mode on deals, BNP Paribas says
French lender reports record quarter for investment arm but clients’ hesitancy contrasts with Wall Street deal boom
PwC abandons headcount target as revenue growth slows
Big Four firm quietly scraps pledge to add 100,000 workers worldwide by mid-2026 amid rise of AI
FTAV’s further reading
Chip wars; economists-in-charge; Atlas; Anglofascism
Bill Gates calls for UN to ‘pivot’ from climate action to vaccines and poverty
Microsoft co-founder says rich countries can cope with global warming
EU officials rush to resolve dispute with China over rare earths and chips
Also in this newsletter: Campaigners file complaint against appointment of ex-tech lobbyist to data privacy watchdog
FirstFT: $100bn stock movements expose ‘fragility’ in market rally
Also in today’s newsletter: HSBC profits fall 14% and Apple’s services business
Transcript: Markets surge on Argentine election results
Sonja Hutson speaks to Ciara Nugent and Tim Bradshaw
How OpenAI’s $1.5tn deal machine works
Plus, how KKR and Apollo became Wall Street’s new ‘white knights’ and CVC’s dealmaker in Spain contends with a tax probe
Fed nears end of QT amid signs of stress in money markets
US central bank to begin debate on halting three-year phase of shrinking its balance sheet
China will ‘save’ European auto jobs but devour rivals, warns ex-Stellantis chief
Carlos Tavares says Beijing carmakers are making inroads in Europe as local companies struggle
Lessons from success: how job prospects improved for the young
Youth inactivity is a problem in the UK, but we can learn from our past — and the countries that are getting it right
Boris Mikhailov’s Ukrainian Diary is far more than a documentary show
A subversive take on Soviet and post-Soviet life offers humanity, humour and mischief at London’s Photographers’ Gallery
Big Tuna dives into London’s small IPO pond
Investors’ appetites for data centres and crypto exchanges may come and go but salade niçoise is forever