www.ft.com Open in urlscan Pro
151.101.2.209  Public Scan

Form analysis
3 forms found in the DOM

/search

<form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label class="o-header__visually-hidden"
    for="o-header-search-term-primary">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__search-term" id="o-header-search-term-primary" name="q" autocomplete="off" autocorrect="off" autocapitalize="off"
    spellcheck="false" data-trackable="search-term" placeholder="Search the FT" data-n-topic-search-input="true">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="0"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__search-submit" type="submit" data-trackable="search-submit">Search</button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-primary" title="Close search bar"
    data-trackable="close" data-o-toggle--js="true" aria-expanded="false"><span class="o-header__visually-hidden">Close search bar</span></button>
</form>

/search

<form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label class="o-header__visually-hidden"
    for="o-header-search-term-sticky">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__search-term" id="o-header-search-term-sticky" name="q" autocomplete="off" autocorrect="off" autocapitalize="off"
    spellcheck="false" data-trackable="search-term" placeholder="Search the FT" data-n-topic-search-input="true">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="0"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__search-submit" type="submit" data-trackable="search-submit">Search</button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-sticky" title="Close search bar"
    data-trackable="close" data-o-toggle--js="true" aria-expanded="false"><span class="o-header__visually-hidden">Close search bar</span></button>
</form>

/search

<form class="o-header__drawer-search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label
    class="o-header__visually-hidden" for="o-header-drawer-search-term">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__drawer-search-term" id="o-header-drawer-search-term" name="q" autocomplete="off"
    autocorrect="off" autocapitalize="off" spellcheck="false" placeholder="Search the FT" data-trackable="search-term" data-n-topic-search-input="true" tabindex="-1">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="-1"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__drawer-search-submit" type="submit" data-trackable="search-submit" tabindex="-1"><span class="o-header__visually-hidden">Search</span></button>
</form>

Text Content

Accessibility helpSkip to navigationSkip to contentSkip to footer
 * S&P 500-0.61%
 * Shanghai-2.25%
 * FTSE 100-0.32%
 * Euro/Dollar-0.07%
 * Brent Crude Oil-0.74%
 * 10 Year US Gov-1.99%

Visit Markets Data


COOKIES ON FT SITES

We use cookies and other data for a number of reasons, such as keeping FT Sites
reliable and secure, personalising content and ads, providing social media
features and to analyse how our Sites are used.

Accept & continue
Manage cookies
 * Sign In
 * Subscribe

Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

SearchClose search bar
 * Home
 * Markets Data

 * Home
 * World
   Sections
    * World Home
    * Global Economy
    * UK
    * US
    * China
    * Africa
    * Asia Pacific
    * Emerging Markets
    * Europe
    * War in Ukraine
    * Americas
    * Middle East & North Africa
    * Australia & NZ
   
   Most Read
    * US economy rebounds in third quarter
    * US to withdraw permanent F-15 fighter force from Okinawa
    * ECB raises rates by 75 basis points as markets detect ‘dovish pivot’
    * German exporters rethink €100bn ‘love affair’ with China
    * Vladimir Putin rejects claims Russia intends to use nuclear weapons in
      Ukraine

 * US
   Sections
    * US Home
    * US Economy
    * US Companies
    * US Politics & Policy
    * US Midterm Elections
   
   Most Read
   
 * Companies
   Sections
    * Companies Home
    * Energy
    * Financials
    * Health
    * Industrials
    * Media
    * Professional Services
    * Retail & Consumer
    * Tech Sector
    * Telecoms
    * Transport
   
   Most Read
    * Law firm’s new work-life balance: turn off your camera for night-time
      calls
    * ‘Radical surgery’: Will Credit Suisse’s gamble pay off?
    * Credit Suisse launches $4bn Saudi-backed fundraising
    * Goldman Sachs’s Marc Nachmann emerges as big winner in reshuffle
    * NatWest ditches EY in blow to auditor ahead of planned break-up

 * Tech
 * Markets
   Sections
    * Markets Home
    * Alphaville
    * Markets Data
    * Cryptofinance
    * Capital Markets
    * Commodities
    * Currencies
    * Equities
    * Fund Management
    * Trading
    * Moral Money
    * ETF Hub
   
   Most Read
    * No ‘adults in the room’: Xi Jinping catches global investors off guard
    * Live news updates from October 27: Musk vows not to turn Twitter into a
      ‘hellscape’, Putin denies plans to use nuclear weapons
    * Goldman Sachs’s Marc Nachmann emerges as big winner in reshuffle
    * Live news: Germany defies recession fears with 0.3% growth in third
      quarter
    * Shell ready to ‘embrace’ higher taxes as third-quarter profits double

 * Climate
 * Opinion
   Sections
    * Opinion Home
    * Columnists
    * The FT View
    * The Big Read
    * Lex
    * Obituaries
    * Letters
   
   Most Read
    * The end of Europe’s energy crisis is in sight
    * China can use its leverage with Russia to prevent a nuclear war
    * Is Taylor Swift the last pop superstar?
    * Farewell to the cakeism of Johnson and Truss, welcome back reality
    * How not to fix the cost of living crisis

 * Work & Careers
   Sections
    * Work & Careers Home
    * Business School Rankings
    * Business Education
    * Entrepreneurship
    * Recruitment
    * Business Books
    * Business Travel
   
   Most Read
    * Steven Pinker: ‘Putin’s invasion won’t lead to a return to the age of
      warring civilisation’
    * Media careers: why skills still count

 * Life & Arts
   Sections
    * Life & Arts Home
    * Arts
    * Books
    * Food & Drink
    * FT Magazine
    * House & Home
    * Style
    * Travel
    * FT Globetrotter
   
   Most Read
    * The Netherlands may be the first country to hit the limits of growth
    * Dine out at 6pm? I’d rather not, thank you
    * US universities and their role in a country at war with itself
    * The golden age of AI-generated art is here. It’s going to get weird
    * Everything you need to know about the new iPhone 14

 * HTSI

MenuSearch
 * Home
 * World
 * US
 * Companies
 * Tech
 * Markets
 * Climate
 * Opinion
 * Work & Careers
 * Life & Arts
 * HTSI

Financial Times
SubscribeSign In
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

SearchClose search bar


FINANCIAL TIMES HOME


Twitter Inc
Elon Musk closes $44bn deal to buy Twitter

World’s richest man dismisses top executives as he exerts controls over
influential social network

updated 6 minutes ago
What will Musk do with Twitter?

opinion content. Lex. Twitter/Musk: public showman looks to private market for
turnround

Life & Arts
Lunch with the FT. Jon Stewart: ‘Ain’t nothing as agile as authoritarian
regimes’

Editor's picks

News in-depth. No ‘adults in the room’: Xi catches global investors off guard


Kanye West’s anti-Semitic provocations reverberate across Los Angeles
3 hours ago




TOP STORIES

Big tech
Brutal week for Big Tech with nearly $800bn wiped off valuations

Investors spooked by weak earnings season and runaway costs at largest digital
companies




Amazon shares plummet after weak holiday sales forecast


Unhedged. Zuck warned you, and you wouldn’t listen


opinion content. Inside Business. Meta’s woes spur brutal reassessment of Big
Tech’s bets
Richard Waters

Apple says it is facing ‘significant’ headwinds from strong US dollar


Oil & Gas industry
ExxonMobil profit triples to record $20bn on higher energy prices

Chevron also reports bumper earnings as White House steps up criticism of oil
companies

2 hours ago

Equinor and Eni report bumper profits
2 hours ago

FT live news
Live news: Germany defies recession fears with 0.3% growth in third quarter
Live

markets content. Markets Briefing. US stock futures drop after weak revenue
forecasts from Amazon
an hour ago





SPOTLIGHT

Life & Arts
Dine out at 6pm? I’d rather not, thank you

Restaurants are buzzing earlier and earlier. Tim Hayward makes a principled case
for the late boozy dinner



US midterm elections
Biden keeps low profile on midterms campaign trail as he weighs 2024 run

US president has been cautious in supporting Democratic candidates amid
persistently low approval ratings





NEWS

Slaughter & May
Law firm’s new work-life balance: turn off your camera for night-time calls

UK’s Slaughter and May offers new code in talent war with US rivals



European Central Bank
ECB convinces markets it is about to turn more dovish

Subtle shift in Christine Lagarde’s messaging prompts investors to rein in bets
on future rate rises



Company results
VW says supply chain problems are becoming the norm

Europe’s largest carmaker downgrades delivery targets citing lack of parts

3 hours ago

Glencore cuts production guidance as war, strikes and floods bite
4 hours ago



MOST READ

1
Meta’s value plunges by $89bn amid falling sales and rising costs
2
Credit Suisse launches $4bn Saudi-backed fundraising
3
Elon Musk closes $44bn deal to buy Twitter
4
German exporters rethink €100bn ‘love affair’ with China
5
Sunak eases off on taking Brexit axe to EU laws
Iran
Hijab re-emerges as flashpoint with Iranians demanding change

Mass protests have again highlighted how women’s clothing is a political issue
in the country



Brazilian politics
Brazil’s high-stakes election goes down to the wire

Bolsonaro and rival Lula fight for their political lives in run-off vote on
Sunday



UK government spending
Sunak explores tax rises and spending cuts of up to £50bn

Ministers hope sweeping Autumn Statement measures to fill gaping hole in UK
public finances will not be needed in full



opinion content. Undercover Economist. Farewell to the cakeism of Johnson and
Truss, welcome back reality
Tim Harford

US foreign policy
Biden avoids radical shift in new nuclear weapons policy

Possible move towards lower level of deterrence had been opposed by allies in
Europe and Asia



Putin rejects claims Russia intends to use nuclear weapons in Ukraine


Indian society
FT Magazine. Sri Sri Ravi Shankar: India’s power guru in Ray-Bans and a Kia 

The Art of Living leader has 5mn Facebook followers and a Spotify podcast.
What’s behind his rise?



Credit Suisse Group AG
‘Radical surgery’: Will Credit Suisse’s gamble pay off?

Swiss lender unveiled critical restructuring and investment by the Saudi
National Bank



Middle Eastern politics & society
News in-depth. Lebanon and Israel agree maritime deal despite decades of
hostility

Accord marks rare instance of co-operation and pragmatism between two foes that
have never held diplomatic ties







OPINION

opinion content. Data Points. Britain and America’s electoral geographies are
broken

The UK and US systems warp our understanding of key social issues among the
public

John Burn-Murdoch

opinion content. The flood of green finance must be diverted from the west

The World Bank and others need to extend more loans to encourage private sector
investment in developing nations

Gillian Tett

opinion content. China can use its leverage with Russia to prevent a nuclear war
Zhou Bo

opinion content. Forget the humanoids — it’s industrial robots that will
transform the world
John Thornhill

opinion content. The end of Europe’s energy crisis is in sight
Chris Giles

opinion content. Markets Insight. The great decoupling with China will reshape
markets
Diana Choyleva

opinion content. Lex. Renewables: Big Oil is missing the opportunity high
profits create


opinion content. How not to fix the cost of living crisis
Cat Rutter Pooley



MORE OPINION

The FT View
Lex
Unhedged
Markets Insight
Inside Business


EUROPE NEWS

Northern Ireland to hold fresh elections, says UK minister

Confirmation of new vote comes after deadline to form power-sharing executive
passes

2 hours ago


ECB raises rates by 75 basis points as markets detect ‘dovish pivot’


German exporters rethink €100bn ‘love affair’ with China


Danske Bank braced for money-laundering fines of $2bn


Investor urges ECB to block €2.5bn rights issue at Italian bank


Sunak eases off on taking Brexit axe to EU laws


France and Germany seek to move beyond tensions with Paris talks




MORE EUROPE NEWS

European economy
European Union
EU foreign policy
European companies
European equities
The Rachman ReviewListen to the latest episode



PODCASTS

FT News Briefing. FT investigates KPMG Saudi Arabia
11 min listen
Rachman Review. Xi consolidates his rule as economic problems mount
31 min listen
Behind the Money. How Republicans weaponised climate investing
17 min listen
Working It. So, your boss is a narcissist…
21 min listen


LIFE & ARTS

Arts
Books
Food & Drink
FT Magazine
Style
House & Home
Travel
FT Globetrotter
HTSI
Life & Arts
The Bear and the chefs shaking up kitchen culture
Books
Review. The best books of the week

Interiors
opinion content. The scourge of the minimalist Scandi concrete plant pot
Europe holidays
Brescia and Bergamo — rediscovering Italy’s twin treasures
Arts
Review. The Tudors, Metropolitan Museum — bloodless majesty


VIDEO

play content. 

Brexit28 min
video content. The Brexit effect: how leaving the EU hit the UK

play content. 

Globalisation44 min
opinion content. Reinventing farming and food post-globalisation | FT Film

play content. 

Brazilian politics25 min
video content. Brazil: a nation divided | FT Film

play content. 

Sustainability14 min
video content. Riverford: UK business needs long-term policies and stability |
FT Food Revolution



HIGHLIGHTS

‘Tech cold war’: rising tensions in the critical chip industry

Semiconductors have been dubbed the “oil” of the 21st century, powering almost
all modern technologies. The US and EU are pouring billions into shoring up
domestic supplies of chips as growing tensions between China and the west
threaten critical sources. FT journalists bring you in-depth coverage of this
pivotal industry




Goldman’s Marc Nachmann emerges as big winner in reshuffle


The Henry Mance Interview. Steven Pinker: ‘Putin’s invasion won’t lead to a
return to the age of warring civilisation’


Xi’s men: Why China’s new politburo has spooked markets


The Big Read. TSMC: the Taiwanese chipmaker caught up in the tech cold war


The Future of Money. JPMorgan takes its business to the metaverse


Glitz and Gladwell: the infighting over prized JPMorgan wealth clients




MORE HIGHLIGHTS

Moral Money
Due Diligence
Cryptocurrencies
Special Reports
Climate Capital
Moral MoneySign up for our newsletter



MARKETS NEWS

markets content. Markets Briefing. US stocks and bond yields drop after GDP
rebounds

Shares in Meta slide more than 24% after Facebook owner reports another quarter
of declining revenues




London’s hold on global currency market weakens, BIS survey shows


‘Gambling on democracy’: US regulators weigh election futures market


French market regulator resigns in protest at new chair


markets content. Markets Briefing. US tech shares close lower after Alphabet and
Microsoft disappoint


IEA forecasts fossil fuel demand will peak this decade


US exports record oil volumes as fuel price tensions build




MORE MARKETS NEWS

Alphaville
Markets Data
Capital Markets
Commodities
Currencies
Equities
Fund Management
FT Trading Room
Moral Money
ETF Hub


TECHNOLOGY

Elon Musk’s Twitter takeover saga: a timeline of tweets

World’s richest person’s attempt to buy social media company has been anything
but smooth

3 hours ago


HTSI. The best kit for winter runners
3 hours ago

ETF Hub. Five of the worst ETF first-year performances are crypto-related


Meta’s value plunges by $89bn amid falling sales and rising costs


HTSI. Everything you need to know about the new iPhone 14


FT Alphaville. Musk promises Twitter won’t ‘become’ free-for-all hellscape


opinion content. Forget the humanoids — it’s industrial robots that will
transform the world
John Thornhill



MORE TECHNOLOGY

Cryptofinance
The Future of Money
The Future of MoneySign up for our newsletter



BE A PART OF FT COMMUNITY


UPCOMING EVENTS

Discover unmissable flagship events and members only communities to expand your
thinking and elevate your career.

FT LiveWealth Management SummitPeople-oriented Portfolios in a Destabilised
World
Thursday, 3rd NovemberLondon, UK & Online
FT LiveGlobal Pharma and Biotech SummitDriving Investment and Innovation in Life
Sciences
Monday, 7th NovemberLondon, UK & Online
FT LiveFuture of Asset Management EuropeStrategies to differentiate the asset
managers of tomorrow
Wednesday, 9th NovemberLondon, UK & Online


JOIN THE DISCUSSION

FT Forums is a series of members only communities, powered by the Financial
Times.

Women In Business ForumA dedicated programme to accelerate mid-career women into
senior leadership.
Future ForumAn authoritative space for businesses to share ideas, build
relationships and develop solutions to future challenges.
Climate Capital CouncilWhere businesses share ideas, opportunities and
challenges with climate change.

How easy or hard was it to use FT.com today?

Feedback


USEFUL LINKS


SUPPORT

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers


LEGAL & PRIVACY

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies


SERVICES

Share News Tips SecurelyIndividual SubscriptionsGroup
SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT
on TwitterFT ChannelsSecondary Schools


TOOLS

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise
ToolsNews feedNewslettersCurrency Converter


COMMUNITY & EVENTS

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme


MORE FROM THE FT GROUP

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT
and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime
under the FT Editorial Code of Practice.


Close drawer menuFinancial Times

International Edition

Subscribe for full access
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

Search
 * Switch to UK Edition

 * Top sections
 * Home
 * WorldShow more World
   * Global Economy
   * UK
   * US
   * China
   * Africa
   * Asia Pacific
   * Emerging Markets
   * Europe
   * War in Ukraine
   * Americas
   * Middle East & North Africa
   * Australia & NZ
 * USShow more US
   * US Economy
   * US Companies
   * US Politics & Policy
   * US Midterm Elections
 * CompaniesShow more Companies
   * Energy
   * Financials
   * Health
   * Industrials
   * Media
   * Professional Services
   * Retail & Consumer
   * Tech Sector
   * Telecoms
   * Transport
 * Tech
 * MarketsShow more Markets
   * Alphaville
   * Markets Data
   * Cryptofinance
   * Capital Markets
   * Commodities
   * Currencies
   * Equities
   * Fund Management
   * Trading
   * Moral Money
   * ETF Hub
 * Climate
 * OpinionShow more Opinion
   * Columnists
   * The FT View
   * The Big Read
   * Lex
   * Obituaries
   * Letters
 * Work & CareersShow more Work & Careers
   * Business School Rankings
   * Business Education
   * Entrepreneurship
   * Recruitment
   * Business Books
   * Business Travel
 * Life & ArtsShow more Life & Arts
   * Arts
   * Books
   * Food & Drink
   * FT Magazine
   * House & Home
   * Style
   * Travel
   * FT Globetrotter
 * Personal FinanceShow more Personal Finance
   * Property & Mortgages
   * Investments
   * Pensions
   * Tax
   * Banking & Savings
   * Advice & Comment
   * Next Act
 * HTSI
 * Special Reports
 * FT recommends
 * Lex
 * Alphaville
 * Lunch with the FT
 * FT Globetrotter
 * #techAsia
 * Moral Money
 * FTfm
 * Newsletters
 * Video
 * Podcasts
 * News feed
 * FT CommunityShow more FT Community
   * FT Live
   * FT Forums
   * Board Director Programme
 * myFT
 * Portfolio
 * Today's Newspaper (ePaper)
 * Crossword
 * Our Apps

 * Help Centre
 * Subscribe
 * Sign In