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US and UK to play financial ‘war game’

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Mumbai’s skyline

©Subhash Sharma

High ambitions brought low in Mumbai

11:00pm GLOBAL ECONOMY

US and UK to play financial ‘war game’
Main players stage transatlantic simulation of bank crisis

1:47am

HK protesters return to the streets
Demonstrators pitch tents as they bed in for prolonged protest

3:23pm

Chinese migrants smell the coffee at home
Some entrepreneurs leave Europe for fresh opportunities in China

2:48am

Hackers steal card data from K-Mart
Average hit to US companies is now $12.7m as disruption increases

6:20pm

Oil and shares go into reverse
Weaker growth fears hit crude and major indices

Justin Welby, the archbishop of Canterbury

©Getty Images

5:41pm WORLD

Bankers invited to a year in ‘God’s time’
Archbishop offers financiers places in quasi-monastic community

WASHINGTON, DC - OCTOBER 09: Former Chairman of the Federal Reserve Ben Bernanke arrives at U.S. Court of Federal Claims to testify at the AIG trial October 9, 2014 in Washington, DC. The trial is the result of a class action lawsuit brought against the US government by shareholders of AIG claiming that the government violated their rights by grabbing a majority stake in the company as part of the bailout of AIG in 2008. (Photo by Alex Wong/Getty Images)

©Getty

10:31pm COMPANIES

Legal eagle circles AIG’s rescuers
Hank Greenberg’s star attorney gets his talons into Ben Bernanke

In this photo taken on Monday, Aug. 11 2014, workers unload Ebola related aid goods from China at the airport in Conakry, Guinea. Over the decades, Ebola cases have been confirmed in 10 African countries, including Congo where the disease was first reported in 1976. But until this year, Ebola had never come to West Africa. (AP Photo/ Youssouf Bah)

©AP

5:06pm WORLD

China steps up support for Ebola battle
Aid is Beijing’s largest response to overseas humanitarian crisis
Best of Weekend FT

Ten days that shook Hong Kong©Reuters

Models present creations from the Salvatore Ferragamo collection during the 2015 Spring / Summer Milan Fashion Week on September 21, 2014 in Milan. AFP PHOTO / TIZIANA FABI (Photo credit should read TIZIANA FABI/AFP/Getty Images)

©AFP

1:43pm COMPANIES

Global woes weigh on luxury industry
Hong Kong protests the latest bad news to hit sector

A security guard stands inside the Morgan Stanley headquarters in New York

©Bloomberg

9:39pm COMPANIES

Morgan Stanley’s Rosneft deal flounders
Sale of oil trading business at risk due to Russia sanctions

Satya Nadella, chief executive officer of Microsoft Corp., speaks to students during the Microsoft Talent India conference in New Delhi, India, on Tuesday, Sept. 30, 2014. Microsoft will build data centers in India to tap demand for cloud-based computing as it plans to offer its Azure and Office 365 services in the world’s second-most populous nation. Photographer: Graham Crouch/Bloomberg *** Local Caption *** Satya Nadella

©Bloomberg

1:29pm THE TOP LINE from COMPANIES

Nadella’s bad karma over women’s pay
It is hard to believe he would have said the same thing to a man, writes Brooke Masters

©Bloomberg

1:40pm COMPANIES

Blackstone to spin off advisory business
Move to address conflict of interest concerns

Comment and Analysis

Illustration of Patrick Modiano

6:57pm PERSON IN THE NEWS from COMMENT

Patrick Modiano: Shyness and a dark past
Fans say the Nobel laureate for literature has his own genre, writes Anne-Sylvaine Chassany

From left, Swedish footballer Fredrik Ljungberg who will play for the Mumbai team, English footballer David James, who will play for the Kerala Blasters team, French footballer David Trezeguet, who will play for the Pune team and French footballer Robert Pires who will play for the Goa team stand during the unveiling of the trophy of the inaugural Indian Super League (ISL) in Mumbai, India, Sunday, Oct. 5, 2014. The eight-team ISL kicks off on Oct.12. (Staffing/Rafiq Maqbool)

©AP

6:43pm COMPANIES

India’s newest league set to kick-off
Latest attempt to relaunch football into untapped market

Indian children's right activist Kailash Satyarthi laughs at his office in New Delhi October 10, 2014. Pakistani teenager Malala Yousafzai, who was shot in the head by the Taliban in 2012 for advocating girls' right to education, and Satyarthi won the 2014 Nobel Peace Prize on Friday. Satyarthi, 60, and Yousafzai were picked for their struggle against the oppression of children and young people, and for the right of all children to education, the Norwegian Nobel Committee said. REUTERS/Adnan Abidi (INDIA - Tags: SOCIETY PROFILE)

©Reuters

7:27pm GLOBAL ECONOMY

Anti-slavery fighter saves 80,000 children
‘Unassuming and determined’ pacifist in the footsteps of Gandhi

Best comments from our readers

"I agree that reforms could help. But why oh why do policy makers, economists and commentators seek to reach for past levels of demand/growth when it´s clear they were artificially created and totally unsustainable?"
By ExPM on An extraordinary state of ‘managed depression’

"Mr Chen and his family are a wonderful example to us all, especially in the way he has worked from low expectations to considerable success in many aspects of life."
By Paul Munton’s Potimarron on China’s migrants thrive in Spain’s financial crisis

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