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Six stories from Friday’s FT News Briefing.
Hear Friday’s stories
The FT News Briefing covers them in 15 minutes
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Friday 23 October
Meta sell-off drags US tech stocks lower as AI spending fears flare up
Social media group’s market value sinks by $124bn after it says it will raise ‘hundreds of billions of dollars’ in coming years
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US prepared for protracted Iran stalemate
Mike Waltz warns Tehran it must reach a ‘meaningful agreement’ on its nuclear programme
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Should UK banks be taxed more?
Lobby groups say London’s levies are higher than rival financial centres. The reality is more nuanced
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Lula turns to selfie videos in Brazil election fightback
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Flávio Bolsonaro, scion of a Brazilian political dynasty now eyeing victory
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China’s rapid human trials draw western drugmakers — and safety concerns
Pharma groups including AstraZeneca are using a fast-track clinical testing route for cutting-edge medicines
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That’s Friday’s stories.
New ones arrive with the briefing every weekday morning.