Top headlines from across today’s paper
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FINANCIAL TIMES
Wednesday, 1 October 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
US on brink of government shutdown as lawmakers remain deadlocked
 
Republicans and Democrats unable to break gridlock in votes on Tuesday evening
 
 
Ovo warns of ‘material uncertainty’ over its going concern status
 
Household energy supplier makes disclosure after failing to meet industry regulator’s capital adequacy targets
 
 
Keir Starmer urges Labour to launch ‘patriotic’ fight against Reform
 
UK prime minister calls Nigel Farage a ‘snake oil salesman’ in speech aimed at party’s working-class base
 
 
How Donald Trump’s Gaza deal came together
 
The hurried diplomacy and backroom arm-twisting that shaped the White House plan
 
 
A world with two predatory superpowers
 
Nations must work out how to contend with Trump’s America and China
 
 
 

Top Headlines from the International Editions

 
 
 
Donald Trump pulls ally EJ Antoni’s nomination to lead statistics agency
 
The president nominated the loyalist from the rightwing Heritage Foundation after firing Erika McEntarfer
 
 
Deloitte’s global revenue growth picks up despite sluggish performance in Europe
 
Big Four accounting firm reports robust demand for its advice to companies on strategy
 
 
Buffett’s Berkshire Hathaway nears $10bn deal for Occidental’s petrochemical unit
 
Sale of division would further oil and gas group’s efforts to reduce its $24bn debt pile
 
 
Donald Trump says US cities should be used as military ‘training grounds’
 
Defence secretary Pete Hegseth also tells admirals and generals they must restore ‘warrior ethos’
 
 
Elon Musk hit by exodus of senior staff over burnout and politics
 
Churn at Tesla and xAI comes amid disillusionment with billionaire’s activism, strategic pivots and mass lay-offs
 
 
 

Markets

 
 
 
Investors sense this time is different for Japan
 
The population is ageing and shrinking, and inflation has returned — how companies engineer survival is key
 
 
Rout in Japanese bonds heralds ‘pivotal change’
 
Higher yields could be here to stay, but the JGB market has a history of confounding investors
 
 
SEC clears way for ETF share classes in challenge to US mutual funds
 
Decision could hasten decline of investment funds with higher fee structures and lower transparency
 
 
Global currency market swells to $10tn a day in tariff turmoil
 
Figures from Bank for International Settlements show rapid growth of currency trading
 
 
Billionaire Barry Silbert seeks to shake legal woes ahead of Grayscale IPO
 
Crypto businessman still faces lawsuit stemming from lender Genesis’s bankruptcy in the last crypto crash
 
 
 

Companies

 
 
 
BlackRock’s GIP nears $38bn takeover of utility AES
 
Global Infrastructure Partners in talks to acquire energy group that supplies power to data centres
 
 
Nike thumps expectations despite 31% fall in earnings
 
Sportswear company takes financial hit from Donald Trump’s tariffs
 
 
Buyout firms play the long game beyond Tokyo
 
Japan’s cash-rich companies are alluring, but relationships take time to build
 
 
Gulf sovereign wealth funds defy lower oil prices to top global investment
 
Abu Dhabi’s Mubadala is biggest spender as Middle East state-owned investors account for 40% of flows
 
 
Regional banks in Japan bet bigger will be better
 
Rising interest rates promise profits if institutions can secure future business and stop deposits moving to larger cities
 
 
 

Opinion

 
 
 
You can read Japan’s runes in the price of its prized curry and rice