UK counterterror police probe whether Russia planted parcel bomb

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s counterterrorism police are investigating the origins of a package that caught fire at a DHL depot in Birmingham in July, amid heightened fears that Russian agents are intent on causing “mayhem” on Britain’s…

GM raises investment in lithium mine to nearly $1bn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US carmaker General Motors has increased its investment in a lithium mine to nearly $1bn as it seeks to secure the long-term supply of a metal that is crucial to the production of electric vehicle…

Keir Starmer and Rachel Reeves face down cabinet revolt over spending cuts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer, prime minister, on Wednesday joined forces with chancellor Rachel Reeves to face down a cabinet revolt over plans for “grim” curbs to public spending next year. Reeves has faced resistance from a…

Israel’s assault is a recipe for civil war in Lebanon

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is author of ‘Black Wave’, distinguished fellow at Columbia University’s Institute of Global Politics and an FT contributing editor A month after the start of Israel’s multipronged shock and awe military campaign against…

The problem with 360-degree performance reviews

Stay informed with free updates Simply sign up to the Investment Banking myFT Digest — delivered directly to your inbox. As year-end approaches, investment banks embark on one of their most hallowed (and often groaned-about) traditions: the 360-degree performance review. The process gathers feedback from all levels — managers, peers, and juniors — to gain…

Advent International prepares takeover bid for Tate & Lyle

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Advent International is preparing a takeover offer for the UK’s Tate & Lyle that would value the ingredients group at more than its £2.8bn market capitalisation and mark private equity’s latest attempt to acquire a…

Israel kills at least 6 in strike on southern Lebanese city

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An Israeli air strike killed the mayor of a southern Lebanese city and at least five other local government officials after it struck the municipal headquarters. The attack on Nabatiyeh raised fears that Israel is…

London Underground workers to strike over pay

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. London Underground passengers face a wave of disruption next month after two transport unions announced strikes in disputes over pay. The Aslef union on Wednesday said drivers would walk out on Thursday November 7 and Tuesday…

Morgan Stanley third-quarter profits rise 32% to $3.2bn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Morgan Stanley’s quarterly profits rose 32 per cent to $3.2bn, boosted by a recovery in investment banking and an uptick in stock trading.  The bank’s reported third-quarter net income was up from $2.4bn a year…