Letter: Patience is key to success in index investments
From J Paul Horne, Alexandria, VA, US
Letter: The combustion engine is miles better than electric
From Craig Sams, Hastings, East Sussex, UK
Letter: Definition of terminally ill still eludes medical world
From John Martin, Professor of Cardiovascular Medicine, University College London, London WC1, UK
Letter: Transactionalists cannot be trusted in dealmaking
From Keith Billinghurst, London SE9, UK
Regulation and ‘poor alignment’ are stymying health innovation, says report
Author recommends breaking ‘siloed’ work practices to spur life sciences sector and improve care
FT Crossword: Number 17,906
US tells Ukraine to lower conscription age to 18 to stem manpower shortage
Biden administration warns Kyiv is not recruiting enough soldiers to keep pace with Russia’s deployment
BlackRock has deal to buy private credit manager HPS
Transaction for prized lender could cost $12bn and be announced after Thanksgiving holiday
Trump promises trade tariffs from day one of his administration
‘What I want is a low tax high tariff economy’
News updates from November 27: French markets hit by threat of government collapse; Republican US states sue BlackRock for green agenda
Trump considers tough antitrust advocate for justice department unit
Gail Slater is ally of JD Vance who had also been in the running to chair the Federal Trade Commission
US stocks fall in final full trading session of strong November
First 24-hour US stock exchange approved
Regulators grant 24 Exchange nod for round-the-clock trading
Met police opens investigation into Mohamed Al Fayed’s associates
Force looking into those suspected of being ‘complicit in offending’ of late Harrods owner
FirstFT: China investigating its defence minister for alleged corruption
Also in today’s newsletter, BYD demands suppliers slash prices, and Infosys chair predicts companies will develop their own AI models
UK car insurer Direct Line rejects £3.3bn takeover offer by Aviva
The company, part way through a turnaround plan, says the cash and shares proposal undervalues the business
France may not enforce ICC arrest warrant for Benjamin Netanyahu
Rights groups and opposition politicians accuse government of U-turn to secure Israel-Lebanon ceasefire deal
Mauritius raises concerns about UK plan to cede sovereignty over Chagos Islands
Focus of controversy is British efforts to secure a key US military base
The Israel-Hamas war in maps and charts
A visual guide to the conflict and its regional impact
Pensions watchdog in strategic shift following government push for ‘megafunds’
Regulator to change approach to focus on systemic risk as consolidation increases
US hits Venezuelan security chiefs with sanctions for ‘electoral fraud’
Measures against senior figures stop short of suspending oil export licences
Shares of SoftBank-backed Symbotic plunge after accounting errors
Warehouse automation developer that counts Walmart and Target as customers delays release of annual report
A much-needed ceasefire in a corner of the Middle East
A deal to halt war between Israel and Hizbollah offers a glimmer of hope
Coffee futures hit 47-year high on global supply and EU law fears
Commercial buyers ‘go into panic mode’ to secure high-quality arabica beans