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

Submitted URL: http://www.ft.com/
Effective URL: https://www.ft.com/
Submission: On October 10 via manual from FR — Scanned from FR

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+0.63%
 * Shanghai Minus −0.70%
 * FTSE 100+1.56%
 * Euro/Dollar+0.28%
 * Brent Crude Oil Minus −0.61%
 * 10 Year US Gov+1.66%

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 cookies
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
    * Israel imposes ‘complete siege’ on Gaza as Hamas threatens hostages
    * Who is ‘The Guest’: the Palestinian mastermind behind deadly Israel
      incursion
    * Claudia Goldin awarded Nobel Prize for economics
    * What links Hamas to the ‘Axis of Resistance’ and its patron Iran?
    * ‘We need to conquer Gaza’: Netanyahu faces demands for ground offensive

 * US
   Sections
    * US Home
    * US Economy
    * US Companies
    * US Politics & Policy
   
   Most Read
   
 * Companies
   Sections
    * Companies Home
    * Energy
    * Financials
    * Health
    * Industrials
    * Media
    * Professional Services
    * Retail & Consumer
    * Tech Sector
    * Telecoms
    * Transport
   
   Most Read
    * Sanctions-hit oligarch Mikhail Fridman returns to Moscow
    * ExxonMobil’s head of shale arrested for alleged sexual assault
    * Office space vacancies in US and London reach at least 20-year highs
    * Odey to close wealth management business
    * UK private equity groups sell assets to themselves as exit routes dwindle

 * Tech
 * Markets
   Sections
    * Markets Home
    * Alphaville
    * Markets Data
    * Cryptofinance
    * Capital Markets
    * Commodities
    * Currencies
    * Equities
    * Fund Management
    * Trading
    * Moral Money
    * ETF Hub
   
   Most Read
    * Live news: BoE pushes for doubling of liquidity requirements for money
      market funds
    * News updates from October 9: Oil prices rebound, EU to order Illumina to
      sell cancer unit
    * ExxonMobil’s head of shale arrested for alleged sexual assault
    * Odey to close wealth management business
    * Investors flee hedge fund Pelham Capital after losses

 * Climate
 * Opinion
   Sections
    * Opinion Home
    * Columnists
    * The FT View
    * Lex
    * Obituaries
    * Letters
   
   Most Read
    * Israel must think before it acts on Hamas atrocities
    * A bitter blame game will follow Israel’s wartime unity
    * US antitrust has reached a turning point
    * Israel’s darkest day
    * Why the world has been footing the bill for Putin’s war

 * Work & Careers
   Sections
    * Work & Careers Home
    * Business School Rankings
    * Business Education
    * Entrepreneurship
    * Recruitment
    * Business Books
    * Business Travel
   
   Most Read
    * ‘You’re competing with the commute’: how businesses are rethinking their
      offices
    * China expert Matt Pottinger: ‘Even with a weak economy, Xi is feeling
      emboldened’
    * The cult of the gifted amateur lives on
    * Work watch: egg freezing as a benefit for staff
    * Am I in danger of becoming a workplace ‘lifer’?

 * Life & Arts
   Sections
    * Life & Arts Home
    * Arts
    * Books
    * Food & Drink
    * FT Magazine
    * House & Home
    * Style
    * Travel
    * FT Globetrotter
   
   Most Read
    * The best books to understand the Israeli-Palestinian conflict
    * 1963 – the year that changed motorcar history
    * Is it selfish to run a marathon?
    * Frasier reboot has none of the old supporting cast or old charm — review
    * Sarah de Lagarde fell on to the Tube tracks. Nobody helped. Why?

 * 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

Feel equipped to be bold with the FT Subscribe today and navigate your world
with confidence

EXPLORE OUR BEST OFFERS

Israel-Palestinian conflict
Israel bombards Gaza and readies troops at border

IDF says it has retrieved bodies of 1,500 Hamas fighters

updated 24 minutes ago
Israel conflict latest: Kremlin says it wants to help find a solution to
conflict
Live
Explainer. The Israel-Hamas conflict in maps

Israel-Palestinian conflict
What links Hamas to the ‘Axis of Resistance’ and its patron Iran?

Editor's picks

‘It thrust itself upon them’: Israel conflict jolts Biden


The best books to understand the Israeli-Palestinian conflict





TOP STORIES

FT live news
European stocks gain in morning trading
Live

US Treasuries rally as investors scale back rate expectations
new 53 minutes ago

Israel-Palestinian conflict
Top US general warns Iran to stay out of Israel’s conflict with Hamas

CQ Brown says Washington hopes to send a ‘strong message’ to Tehran and others
in the region



Military briefing: the groups that pose the deadliest threat to Israel


Global Economy
IMF warns of ‘heightened risk’ from bond market turmoil

Banks’ exposure to interest rates remaining ‘higher for longer’ a matter of
concern for multilateral lender

2 hours ago

IMF urges central banks to remain firm on inflation
3 hours ago

Country Garden Holdings Co Ltd
China’s largest private developer Country Garden warns of default

Company has about $200bn in liabilities and close to $10bn in dollar-denominated
debt



China’s economy misses Golden Week glow as property gloom persists






SPOTLIGHT

Global Economy
The Big Read. A reboot of the World Bank and IMF tests US influence

Biden’s plan to revitalise the two institutions is partly aimed at countering
China’s growing sway among developing nations



US interest rates
opinion content. Higher rates for longer are a good thing

The era of zero interest policy was characterised by sluggish growth and yawning
wealth inequality

Sheila Bair



NEWS

Deloitte LLP
Deloitte US staff paid bigger share of revenue after hiring battle

Big Four firm is now seeking to cut costs as demand for consulting work recedes

2 hours ago

Warburg Pincus LLC
Warburg Pincus surpasses target to close $17bn private equity fund

Buyout group closes new vehicle after challenges sparked by soaring interest
rates



UK private equity groups sell assets to themselves as exit routes dwindle


Commercial property
Office space vacancies in US and London reach at least 20-year highs

Large companies hold off committing to real estate deals as working patterns
remain in flux





MOST READ

 1. Israel imposes ‘complete siege’ on Gaza as Hamas threatens hostages
 2. opinion content. Israel must think before it acts on Hamas atrocities
 3. Israel bombards Gaza and readies troops at border
 4. What links Hamas to the ‘Axis of Resistance’ and its patron Iran?
 5. Robert Kennedy Jr launches independent bid for US president

Joe Biden
Biden interviewed in classified documents probe by US special counsel

President appeared voluntarily to answer questions about files found at Delaware
home and former office, White House says



Robert Kennedy Jr launches independent bid for US president


Hancock Prospecting Pty Ltd
Australia’s richest person raises stake in lithium producer, threatening $4.3bn
takeover

Gina Rinehart’s Hancock Prospecting is muscling in on Albemarle’s mine proposal

an hour ago

Artificial intelligence
Saudi-China collaboration raises concerns about access to AI chips

Fears grow at Gulf kingdom’s top university that ties to Chinese researchers
risk upsetting US government



EU plans anti-subsidy probe into Chinese steelmakers


UBS Group AG
Explainer. How UBS’s $3.3bn Credit Suisse deal spawned $9bn of legal claims

Lawsuits are stacking up against the bank, the Swiss regulator, and the nation
of Switzerland



EU common budget
Estonia ready to lose funding if Ukraine joins EU, prime minister says

Kaja Kallas urges bloc to start work on overhauling budget to prepare for
potential enlargement



Argentine economy
Argentine peso plunges as presidential candidate Milei touts dollarisation

Anti-establishment frontrunner has encouraged voters to get rid of the currency
ahead of this month’s polls



‘You say to hell with it and restart’: Milei surge upsets Argentina’s
centre-right


Equities
South Korean regulators vow to curb ‘theme stocks’ craze

Kosdaq one of world’s best performers as retail investors pile into
superconductor, battery materials and salt stocks



Sport
Daily Mail publisher invests in fast-growing sport of padel

Venture capital arm of group has bought stake in new Madrid-based competition






OPINION

opinion content. Israel must think before it acts on Hamas atrocities

Strikes on the organisation should be extensive, but prolonged conflict in the
Gaza strip will come at a cost

Michael Milshtein

opinion content. US antitrust has reached a turning point

Big cases against Amazon, Google and others come as conditions favour a new
approach to enforcement

Rana Foroohar

opinion content. Why is Keir Starmer so underrated?
Janan Ganesh

opinion content. Short-term thinking on HS2 will cause long-term damage
Andy Haldane

opinion content. In politics, delusion makes the world go round
Stephen Bush

opinion content. Inside Business. Why attracting BlackRock’s Larry Fink is not
enough for Japan
Kana Inagaki

opinion content. The FT View. A test for the IMF’s legitimacy
The editorial board

opinion content. Outlook. The news is depressing — but data can help us
Eade Hemingway



MORE OPINION

 * The FT View
 * Lex
 * Unhedged
 * Markets Insight
 * Inside Business


EUROPE NEWS

Europe Express. How the EU botched its decision on reviewing aid to Palestine

Also in this newsletter: Italy threatens Austria with court over truckers’ road
rage




‘Go west’: far-right German party breaks out of eastern strongholds


Sanctions-hit oligarch Mikhail Fridman returns to Moscow


EU to review development funding for Palestinian territories


The Big Read. Has Erdoğan really embraced economic orthodoxy in Turkey?


Military briefing: the advance of Ukraine’s ‘mosquito navy’


German voters give government parties a drubbing in state elections




MORE EUROPE NEWS

 * European economy
 * European Union
 * EU foreign policy
 * European companies
 * European equities

Disrupted TimesSign up for our newsletter



PODCASTS

Money Clinic with Claer Barrett. Investment masterclass: What’s one of the
world’s leading investors buying?
31 min listen
FT News Briefing. Israel imposes ‘complete siege’ on Gaza
10 min listen
Political Fix. Rishi Sunak’s ‘questionable radicalism’
32 min listen
FT Weekend podcast. How harpist Mary Lattimore went pop
17 min listen


LIFE & ARTS

 * Arts
 * Books
 * Food & Drink
 * FT Magazine
 * Style
 * House & Home
 * Travel
 * FT Globetrotter
 * HTSI

Visual Arts
HTSI. Oscar Wilde was here
Eating and drinking in Vancouver
FT Globetrotter. Green scene: Vancouver’s best vegan and vegetarian restaurants 

Sinn Féin
Sinn Féin: change maker or party trapped in its past?
Style
The power of the luxury carrier bag
Visual Arts
Interview. El Anatsui — from eating Tate & Lyle sugar in Ghana to filling Tate
Modern’s Turbine Hall


VIDEO

play video content. 

Semiconductors29 min
video content. The race for semiconductor supremacy | FT Film

play video content. 

FT Financial Literacy and Inclusion Campaign28 min
video content. Why the UK has a problem with maths | FT Film

play video content. 

Climate change14 min
video content. How farmers can cut emissions | FT Climate Capital

play video content. 

Sport18 min
video content. Inside F1 Academy, the new all-women drivers' championship | FT
Scoreboard



HIGHLIGHTS

Work watch: egg freezing as a benefit for staff

More companies are covering the cost of the process as part of fertility
packages worth thousands




‘You’re competing with the commute’: how businesses are rethinking their offices


FT Magazine. Sarah de Lagarde fell on to the Tube tracks. Nobody helped. Why?


The Henry Mance Interview. China expert Matt Pottinger: ‘Even with a weak
economy, Xi is feeling emboldened’


opinion content. The cult of the gifted amateur lives on
Pilita Clark

Falling employer backing for executive MBAs drives self-funding


Business schools target the switch from military to business life




MORE HIGHLIGHTS

 * Moral Money
 * Due Diligence
 * Cryptocurrencies
 * Special Reports
 * Climate Capital

Moral MoneySign up for our newsletter



MARKETS NEWS

Investors flee hedge fund Pelham Capital after losses

Assets at firm backed by Goldman Sachs’s Petershill fund have dwindled from
$4.5bn three years ago to $1bn today




Israel’s central bank to sell $30bn of foreign reserves to support shekel


Oil price jumps to $89 a barrel following Hamas’s attack on Israel


Climate change the ‘most common’ reason for portfolio exclusion


Market Questions. Is US inflation still falling? 


Charts that Matter. Investors’ use of Fed overnight facility halves from peak


Explainer. Who feels the pain from the bond sell-off?




MORE MARKETS NEWS

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


TECHNOLOGY

opinion content. Lex. Disney: Iger must make asset sales or suffer a full Nelson

Bob Iger has hinted a sale of TV networks is possible, but he must hope Nelson
Peltz does not have something more drastic in mind

new 11 minutes ago


Nikkei Asia. For India tech start-ups, IPO success hinges on foreign investors


opinion content. Lex. Elon Musk/SEC: fair and efficient markets depend on timely
disclosure


opinion content. US antitrust has reached a turning point
Rana Foroohar

opinion content. Lex. Google/smartphones: price, not AI, will lift Pixel’s
market share


opinion content. Inside Business. Goldman Sachs and the lessons for co-CEOs
Patrick Jenkins

Booking chief hits out at Brussels for blocking €1.6bn Etraveli deal




MORE TECHNOLOGY

 * Cryptofinance
 * Semiconductors
 * Tech Tonic podcast
 * Trading technology
 * Tech start-ups
 * Social Media
 * Artificial intelligence


EXPLORE MORE EVENTS FROM THE FT

Upcoming events

Discover unmissable flagship events with FT journalists to expand your thinking
and elevate your career

Explore all events
FT Live
Africa Summit
Africa in a complex world
Tuesday, 17 OctoberLondon, UK
FT Live
Women at the Top Italy Pre-Summit
Investing in women, nurturing talent and entrepreneurship
Tuesday, 17 OctoberDigital Conference
FT Live
Due Diligence Live
Connecting Leaders in Finance & Investing
Tuesday, 17 OctoberLondon, UK
Join the discussion

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

Women In Business Forum
A dedicated programme to accelerate mid-career women into senior leadership.
Future Forum
An authoritative space for businesses to share ideas, build relationships and
develop solutions to future challenges.
Climate Capital Council
Where 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 SubscriptionsProfessional
SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT
on XFT ChannelsFT Schools


TOOLS

PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School
RankingsEnterprise ToolsNews feedNewslettersCurrency Converter


COMMUNITY & EVENTS

FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme


MORE FROM THE FT GROUP

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. 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 side navigation 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
 * CompaniesShow more Companies
   * Energy
   * Financials
   * Health
   * Industrials
   * Media
   * Professional Services
   * Retail & Consumer
   * Tech Sector
   * Telecoms
   * Transport
 * TechShow more Tech
   * Artificial intelligence
   * Semiconductors
   * Cyber Security
   * Social Media
 * 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
   * 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
 * Visual and data journalism
 * Newsletters
 * Video
 * Podcasts
 * News feed
 * FT Live Events
 * FT Forums
 * Board Director Programme

 * myFT
 * Portfolio
 * Today’s Newspaper (FT Digital Edition)
 * Crossword
 * Our Apps

 * Help Centre
 * Subscribe
 * Sign In