Brazil election goes to second round after Bolsonaro closes gap on Lula

Brazilian President Jair Bolsonaro will face Luiz Inácio Lula da Silva, the left-wing former leader, in a runoff at the end of this month after neither man secured a winning margin in a…

Live news updates: The week ahead

Former British Prime Minister Harold Wilson is said to have said that a week in politics is a long time. So how long does a month feel? A very long time, it turns…

Ukrainians vow to push past Lyman as pressure grows on Putin

The Ukrainian military is pushing further away from the strategically important city of Lyman that it recaptured from Russia over the weekend, increasing pressure on President Vladimir Putin, who had claimed the territory…

Tesla blames logistics problems after delivering fewer cars than forecast

Tesla delivered fewer vehicles than forecast in the third quarter due to an “increasingly challenging” transportation and logistics environment, the company said. The Texas-based electric vehicle manufacturer said it shipped 343,830 vehicles in…

Celsius Network founder withdrew $10mn ahead of bankruptcy

Celsius Network founder Alex Mashinsky withdrew $10 million from the cryptocurrency lender just weeks before the company froze customer accounts as it headed toward bankruptcy, according to people familiar with the matter. Mashinsky’s…

Nato’s Stoltenberg warns of ‘severe consequences’ if Russia uses nuclear weapons

NATO Secretary General Jens Stoltenberg has warned of “serious consequences for Russia” if Vladimir Putin were to use nuclear weapons in Ukraine amid escalating rhetoric from Moscow and its allies. “The nuclear rhetoric…

Kwasi Kwarteng lines up outside candidate as top Treasury civil servant

Chancellor Kwasi Kwarteng plans to appoint an outside candidate to replace Sir Tom Scholar as the Treasury’s chief official, in a move that would mark another symbolic break from Whitehall’s orthodoxy. Antonia Romeo,…

Farmers and activists call for ‘level playing field’ in UK trade deals

Agriculture and environmental groups are demanding assurances from the UK government that it will maintain a “level playing field” for food and animal welfare standards in future trade agreements after Brexit. A broad…

Ousted Burkina Faso leader denies taking refuge at French military base

The ousted leader of Burkina Faso has denied reports that he was hiding at a French military base while coup supporters, some waving Russian flags, took to the streets and attacked the French…

Liz Truss admits mistakes but sticks to controversial tax cuts plan

Prime Minister Liz Truss has admitted mistakes were made in the controversial ‘mini’ budget that sparked market turmoil last week as she braced herself for a fraught Conservative conference in Birmingham. Truss said…

174 die in Indonesian football riot in one of sport’s worst disasters

At least 174 people have died in one of the deadliest disasters in the sport’s history, according to government officials after a riot and stampede at a football match in Indonesia. The disaster,…

Cold weather warning adds to Europe’s gloom as it battles energy crisis

Europe could face a colder winter with less wind and rain than usual, according to the European Weather Forecasting Agency, adding to the challenges facing governments trying to solve the continent’s energy crisis….

UK looks to break link between soaring gas and power prices

When the largest state intervention in modern history to protect UK households from skyrocketing energy bills went into effect on Saturday, the focus has shifted to sweeping wholesale energy market reforms to try…

UK banks set for bumper profits despite mortgage market freeze

The UK’s largest banks will make huge profits from sky-high interest rates, even if they take mortgage products off the shelves, leaving savers with meager returns on their deposits. The financial turmoil sparked…

Desperate Russians fleeing Putin’s war draft stream into Kazakhstan

They crossed the border, exhausted and dragging their bags through the mud, but the group of young Russians fleeing the threat of military service also grinned as they entered Kazakhstan. “Wow, the air…

Lasting effects of ‘mini’ Budget will be felt far beyond the trading floors

The writer is chief executive of the Resolution Foundation think tank We all make mistakes, it’s their scale that matters. Britain is making by far the worst casual economic policy mistake of my…