Sequoia shuts London office as VC firm refocuses on Silicon Valley
Retreat of high-profile tech investor is setback to UK’s hopes of positioning itself as leading player in the AI industry
Stocks rebound after Democrats’ sweep
Wall Street indices open higher as analysts say divided government reduces policymaking risks
Blue wave sweeps markets back towards normality
US midterm results may point to more restraints on the Trump administration
Mississippi and Alaska races go down to the wire as Trump blame game erupts
US president admits voter anger over Iran war helped fuel Republican defeats
In Rome’s Long Shadow — enduring lessons for how we are governed
Jamie Gianoutsos’s lively history shows how ancient arguments about virtue and tyranny still haunt modern politics, from revolutionaries to modern democracies
The midterms have already cost Musk more than $60bn — and counting
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China steps up defence of stock market in bid to revive AI boom
ETFs commonly used by Beijing to support market see second-highest net inflows on record
Stevie Wonder’s undimmed brilliance shines again in London
Three-hour concert celebrating the 50th anniversary of ‘Songs in the Key of Life’ proves he still represents the best of music — and America
Solvay strikes rare earths deal that will reduce global dependence on China
Supply from Brazilian mine will bolster high-tech magnet production in Europe and US
CVS Health to break up $117bn healthcare empire
Spin-off of roughly 9,000 pharmacies comes as political pressure mounts on pharmacy benefit managers and health insurers
How the Trump era crashed
The US president forgot the economic bit of populism
‘Population collapse’ makes AI productivity gains vital, says top Meta executive
Alex Schultz tells FT’s Future of AI summit that falling birth rates mean AI will be needed to support dwindling numbers of people
Five takeaways from the midterm results
Democrats record broad gains from almost all demographic groups
Fear and clothing on the campaign trail
An election that rejected Trump’s style as well as his substance
Governments set up a fund to raise billions for the environment. Why has it barely reached $10,000?
Cali Fund’s weak start highlights the shaky state of international environmental finance
Uber picks up pace in robotaxi race
Ride-hailing group aims to have 2,000 robotaxis on road by end of next year but will still trail rival Waymo
Anthropic is an opportunity to rethink IPO rules
To protect retail investors, we should stop permitting the deferral of stock-based employee compensation costs
October inflation in the Eurozone keeps ECB on course for another tightening
Headline price pressures accelerate and core inflation remains well above the ECB’s 2% target
US midterms results night as it happened: Democrats rout Republicans to win Senate and House
President’s party defeated in battleground races from Kansas to South Carolina
Gibson Dunn in talks to hire 120 lawyers from Weil as firm dissolves
Move follows unravelling of near-century-old law firm following talent exodus
Republicans turn on each other after disastrous midterms
GOP figures lash out at Donald Trump, his candidates and his staff over Iran war, cost of living and corruption allegations
Does face sculpting really work?
The pros and cons of lymphatic drainage and deep-tissue treatments
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