Top headlines from across today’s paper
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FINANCIAL TIMES
Wednesday, 22 October 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Sequoia COO quit over Shaun Maguire’s comments about Islamism
 
Sumaiya Balbale left the venture firm after it decided not to discipline outspoken investor for posts about Zohran Mamdani
 
 
Japan is falling in love with private equity. Can it last?
 
Firms are being welcomed as a spur to consolidation — so long as they know their place
 
 
Reeves vows to clear way for BoE rate cuts with cost of living pledge
 
Chancellor seeks to bear down on inflation as Treasury braces for latest figures on Wednesday
 
 
Donald Trump and Vladimir Putin cancel Budapest summit over Ukraine
 
White House announces two leaders have ‘no plans’ to meet to discuss ways to end the war
 
 
The hard task of exiting the populist trap
 
Javier Milei’s plight in Argentina demonstrates how difficult it can be to rescue economies
 
 
 

Top Headlines from the International Editions

 
 
 
Slowdown hits Big Tobacco in Asia’s cigarette stronghold
 
Indonesians buy cheaper illegal alternatives as economy stumbles
 
 
Gold tumbles 5% in biggest sell-off since 2020
 
Plunge comes amid warnings that historic bullion rally is overdone
 
 
US offers nuclear energy companies access to weapons-grade plutonium
 
Expert warns commercial use of the radioactive material from cold war-era warheads carries safety risks
 
 
OpenAI launches Atlas web browser
 
ChatGPT-maker’s tool will integrate the popular chatbot in a challenge to Google and Microsoft
 
 
Military briefing: the US naval and special forces build-up off Venezuela
 
Donald Trump has made no secret of his desire to see Nicolás Maduro ousted. Here are the forces he has sent to the region
 
 
 

Markets

 
 
 
India’s IPO boom has a goldilocks feel 
 
The country shows that a mood of not too hot, not too cold in equity markets is conducive to healthy capital raising
 
 
EU urges China to agree ‘prompt resolution’ of export curbs
 
Brussels’ trade commissioner and Chinese commerce minister also discuss ‘serious’ situation at chipmaker Nexperia
 
 
Lawyers and accountants push back against UK anti-money laundering reforms
 
Bodies warn expanded powers for the FCA will increase costs and the burden of regulation
 
 
Sanae Takaichi’s election as Japan’s PM propels stocks to record high
 
‘Takaichi trade’ reflects optimism that ruling coalition will increase defence spending and cut some taxes
 
 
EU to water down climate rules ahead of leaders’ summit
 
Moves to roll back some of the bloc’s most ambitious measures come after economic concern from member states
 
 
 

Companies

 
 
 
Developing tidal power would push up UK electricity costs, study finds
 
Lower wholesale power prices would be outweighed by higher subsidies says state-owned body
 
 
Netflix shares drop as Brazil tax dispute hits profits
 
Streaming group reports strong revenue growth because of success of films such as ‘KPop Demon Hunters’
 
 
Space groups near deal on creation of European champion
 
Airbus set to own 35% under agreement while Leonardo and Thales would each hold 32.5%
 
 
Mattel shares slump as sales and earnings hit by tariff timing
 
California-based toy manufacturer said retail customers shifted order patterns to avoid levies
 
 
GM shares rally 15% as carmaker lifts profit guidance on lower tariff exposure
 
US group to pass on more costs to consumers through price rises
 
 
 

Opinion

 
 
 
A bold plan to close Britain’s skills gap
 
Vocational training mu