The headlines detail President Trump's efforts to maximize pain for Democrats during the ongoing government shutdown, the potential impact on drug costs through the TrumpRx website, and the struggles of senators to agree on a funding plan.

• How TrumpRx Website May Affect Your Drug Costs After Pfizer Deal — The New York Times Business -
• Trump Uses Shutdown to Maximize Pain for Democrats and Move Forward With Layoffs — The New York Times Business -
• IPO of data centre developer touting Trump ties surges on market debut — Financial Times -

• US government remains shut as senators fail to agree funding plan — Financial Times -
• US private sector employers shed most jobs since 2023 — Financial Times -
• Supreme Court blocks Trump from immediately firing Fed’s Lisa Cook — Financial Times -
• A long-awaited plan for ending the war in Gaza — Financial Times -
• How a Government Shutdown Could Affect the Economy — The New York Times Business -
• US government shuts down as lawmakers fail to reach deal — Financial Times -
• Markets Brace for the Costs of a Shutdown — The New York Times Business -
• Will the Government Shutdown Affect Flights? What to Know. — The New York Times Business -
• Shutdown Puts a Divided Fed in a Perilous Position — The New York Times Business -
• How a Government Shutdown Will Affect Social Security — The New York Times Business -
• Trump pulls ally EJ Antoni’s nomination to lead statistics agency — Financial Times -
• FirstFT: US government shuts down as lawmakers fail to break deadlock — Financial Times -
• ‘We’re not going to be bullied’: Democrats wage risky shutdown battle — Financial Times -
• Kimmel and Colbert, Joined in New York, Show a United Front — The New York Times Business -
• White House Withdraws Nomination of E.J. Antoni, Trump’s Pick to Lead BLS — The New York Times Business -
• US on brink of government shutdown as lawmakers remain deadlocked — Financial Times -
• New Retail Leaders Confront Trump’s Tariffs, Policy Shifts and Weak Spending — The New York Times Business -

UK pension funds are urged to invest more in science, Badenoch pledges to ditch the flagship UK climate change law, and Shawbrook prepares for an initial public offering.

• UK pension funds should invest more in science, says minister — Financial Times -
• Badenoch pledges to ditch flagship UK climate change law — Financial Times -
• Shawbrook prepares to launch initial public offering — Financial Times -

• UK to scrap right of refugees to seek permanent residency after 5 years — Financial Times -
• UK set to exempt newly-listed company shares from stamp duty — Financial Times -
• Only three UK companies declare foreign influence in new register — Financial Times -
• UK’s PPE Medpro win unlikely to guarantee recovery of £122mn, lawyers warn — Financial Times -
• Soul searching over threat from Reform dominates end of Labour conference — Financial Times -
• Diversified Energy to switch its primary listing from London to New York — Financial Times -
• Miliband tells Musk to ‘get the hell out of our politics and our country’ — Financial Times -
• UK makes new attempt to access Apple cloud data — Financial Times -
• Owner of Gail’s and PizzaExpress bids for Costa Coffee — Financial Times -
• How the Tories might live again — Financial Times -
• The worse the UK economy, the better for employers at Budget time — Financial Times -
• Starmer finally shows conviction — but way forward is still missing — Financial Times -
• Starmer says UK will ‘look again’ at international migration law — Financial Times -
• UK house prices rise more than expected in September — Financial Times -
• Upbeat mood at Labour conference defies gloom about polls and the Budget — Financial Times -
• UK seeks to keep £5bn bitcoin haul after money laundering convictions — Financial Times -
• JLR’s government loan guarantee should come with strings — Financial Times -
• David Lammy on the fight for democracy — Financial Times -

Brussels backs US-style tariffs on Chinese steel, Argentine assets are hit by fresh selling amid worries over a US bailout, and Mexico faces debates over protectionism to prevent Chinese dumping.

• FirstFT: Brussels backs US-style tariffs on Chinese steel — Financial Times -
• Argentine assets hit by fresh selling amid worries over US bailout — Financial Times -
• Going back to the 1970s won’t save Mexico — Financial Times -

• Brussels backs Trump-style tariffs on cheap Chinese steel — Financial Times -
• BYD monthly sales fall for first time since early 2024 — Financial Times -
• A Tech Expo Shows What China Can Make, but Not Who’ll Buy It All — The New York Times Business -
• Taiwan becomes largest importer of Russian naphtha — Financial Times -
• GDP - AI = 0? — Financial Times -
• Denmark’s Frederiksen warns EU ‘running out of time’ to meet Russian threat — Financial Times -
• Europe will lose out to China in e-trucks without EU action, warns industry — Financial Times -
• Greek customs broker caught with €3mn cash in China-linked fraud probe — Financial Times -
• Russia’s hybrid war is ‘only the beginning’, warns Danish PM — Financial Times -
• How long can Nvidia stay ahead of Chinese competition? — Financial Times -
• We need Ukraine as much as it needs us — Financial Times -

Snapchat announces a storage fee for its heaviest users, an IT executive is tasked with revamping how Tesla sells cars, and Facebook's political ads face scrutiny for spam and scams.

• Heaviest Users of Snapchat Will Face a Small Charge for Storage — The New York Times Business -
• The IT Executive Tasked With Revamping How Tesla Sells Cars — Wall Street Journal -
• Heaviest Users of Snapchat Will Face a Small Charge for Storage — The New York Times Business -

• Spam and Scams Proliferate in Facebook’s Political Ads — The New York Times Business -
• An AI Wake-Up Call From Walmart’s CEO — Wall Street Journal -
• Meta to mine AI interactions to help target advertising — Financial Times -
• AI is not killing jobs, finds new US study — Financial Times -
• Spotify has its leadership on shuffle mode 🔀 — Financial Times -
• The Company Founders Who Think They Need Not One but Two Successors — Wall Street Journal -

A Utah-based leasing giant challenges a rescue loan for First Brands, Carnival's marketing efforts are helping it charge more for cruises, and Republicans demand information on college pricing from the College Board.

• Utah-based leasing giant challenges First Brands rescue loan — Financial Times -
• Marketing Is Helping Carnival Charge More for Its Cruises — Wall Street Journal -
• Republicans Demand Information From the College Board and Firms That Help Set College Prices — The New York Times Business -

• Josh Harris’s firm in talks to take control of Aga cooker business — Financial Times -
• BlackRock’s GIP nears $38bn takeover of utility AES — Financial Times -
• U.S. to Take Equity Stake in Lithium Americas and Its Nevada Mining Project — Wall Street Journal -
• Investors embrace ‘cat’ bonds — Financial Times -
• The trillion-dollar deal boom — Financial Times -
• Indonesia’s tycoons line up to buy ‘patriot’ bonds — Financial Times -
• KKR prepares for private credit boom in Japan — Financial Times -

India is advised not to shed tears over H-1B visas, Spencer Pratt attributes his house loss in the Palisades Fire to Gavin Newsom, and Las Vegas tourism experiences a decline due to a 'perfect storm'.

• India should not shed tears over H-1B visas — Financial Times -
• Spencer Pratt Lost His House in the Palisades Fire and Thinks Gavin Newsom Should Take the Blame — The New York Times Business -
• Why Is Las Vegas Tourism Declining? It’s a Perfect Storm. — The New York Times Business -

• Automakers Brace for EV Sales Plunge After Tax Credit Expires — Wall Street Journal -
• In Nod to MAHA, Walmart Ditches Dyes, Other Artificial Ingredients in Its Food Brands — Wall Street Journal -
• Eurozone inflation rises to 2.2% in September — Financial Times -
• Inflation and interest rates tracker: see how your country compares — Financial Times -
• The unsustainable boom in India’s Silicon Valley — Financial Times -

The US pledges to defend Qatar against any attack, Hamas confronts its final red line regarding a US ceasefire proposal, and Pope Leo contradicts Trump by calling for action on climate change.

• Hamas confronts its final red line — Financial Times -
• Pope Leo contradicts Trump and calls for action on climate change — Financial Times -
• US pledges to defend Qatar against ‘any attack’ — Financial Times -

• Irish Hotelier Accuses Qatari Royals of Scheme to Get Free Labor — The New York Times Business -
• US naval build-up bolsters Venezuelan opposition, leader-in-hiding says — Financial Times -
• South Korea raises military spending by most in more than 15 years — Financial Times -
• Joseph Kabila sentenced to death in Democratic Republic of Congo — Financial Times -

Healthcare hacks are undermining public trust, EY undertakes a US auditing cleanup to reduce shortfalls, and an Uber jury finds the company not responsible for a sex assault case.

• Healthcare hacks undermine public trust — Financial Times -
• Stablecoin surge will preserve US dollar dominance, says Trump Jr — Financial Times -
• EU simplification drive gets tangled in its own red tape — Financial Times -

• Inside EY’s U.S. Auditing Cleanup to Reduce Shortfalls — Wall Street Journal -
• Uber Not Responsible for Sex Assault, Jury Finds, as More Cases Follow — The New York Times Business -

**Stephen Starr is highlighted as a $400 Million Restaurant Man, Touria El Glaoui blazes a trail for African art, and Polish hotels offer bonuses for fertility**.

• The $400 Million Restaurant Man — The New York Times Business -
• Touria El Glaoui blazed a trail for African art. There’s still a long way to go — Financial Times -
• €2,000 bonuses and free parties: hotels enter Poland’s fertility fight — Financial Times -

• Zürich’s winemakers step into the spotlight — Financial Times -