UK to compensate tortured Guantánamo detainee
Abu Zubaydah has been held without charge in US military prison for nearly two decades
US prosecutors launch criminal investigation into Fed’s Powell
Chair says probe follows central bank’s refusal to bow to White House push for much lower interest rates
British Land chief to depart for role at GIC-backed developer
Simon Carter to step down from FTSE 100 property group to head P3 Logistics
Labour’s electoral strategy debates are a distraction from governing
More useful discussions right now might be the UK’s defence commitments and what that means for taxes
Gold hits record high on worries over Fed independence
Dollar weakens and Wall Street futures fall after US prosecutors launch criminal investigation into chair Jay Powell
Trump says US ‘looking’ at military operations in Iran
President weighs potential intervention in Islamic republic amid intensifying crackdown
UBS warns Swiss government to water down bank capital plans
Lender argues that proposals to significantly increase requirements have already cost investors $40bn
Heineken chief van den Brink to step down
Dutch brewer’s head to leave in May after almost six years in the job
Criminalising the Fed
Plus the employment/growth puzzle
Asset Management: Bumper payday for hedge fund titan
Plus, funds brace for AI ‘reckoning’, US jobs and Grayson Perry
FTAV’s further reading
AI slop, tech vs lit; immigration; Venezuela; Kafka; Masahiro Sakurai; Nicolai Tangen; and Markdown
EU loans-for-arms payments to start in March, bloc defence chief says
Also in this newsletter: Which countries are most attractive for hiring new employees?
Japan’s PM Takaichi weighs calling snap general election
Poll could come as soon as next month as leader seeks to turn popularity into parliamentary majority
FirstFT: US prosecutors open probe into Fed chair
Also in today’s newsletter: German defence jobs and Iran protests
The best of TV and streaming this week
Season 4 of ‘The Traitors’ reaches new heights; prison drama ‘Waiting for the Out’ is a cerebral series about men, life and freedom; the lusty ‘Heated Rivalry’ spins a tale of forbidden attraction between two male ice hockey stars; Tom Hiddleston thriller ‘The Night Manager’ returns; ‘Wild London’ i
From winter chillers to what Paul McCartney did next — the best new audio books
Witch trials and Welsh folk horror, a saga of wealth and poverty in Pakistan — plus a band on the run and a beguiling ‘final’ story from Booker-winner Julian Barnes
‘I don’t want to live in an American empire’: Greenlanders bristle at US threats
Inuit fear loss of language and traditions if Donald Trump succeeds in grabbing the vast Arctic island
Why Italy is turning its insurance giant into a pawn of power politics
Billionaire Francesco Gaetano Caltagirone and allies are close to gaining control of Generali
Patrick Drahi revives sale of stake in German broadband network
Franco-Israeli telecoms tycoon launches latest effort to reduce $50bn debt pile
Wind chiefs warn of global ‘spillover’ from Trump green crackdown
US suspension of offshore renewable projects adds to market uncertainty
The reinvention of America’s shopping malls
Changes in shopping habits have widened the split between those catering to well-off customers and those facing bankruptcy
A Ghost in Your Ear — high-tech horror that gets under the skin
Layering a gothic tale and state-of-the-art sound equipment, Jamie Armitage’s play uses mood as much as jump scares to unseat you
Trump’s new ‘great game’: mining, mapping and mercantilism
The contest for resources between the US and China will continue after the president is gone and affect us all
Tiny satellites take Glasgow to the stars
Scotland’s space industry has become a leader in manufacturing the small modular units