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Italy’s Paolo Gentiloni emerges as frontrunner to replace Renzi

President Sergio Mattarella vows to quickly resolve country’s political crisis

Non-Opec producers agree to cut oil output

Global agreement designed to speed end of worst oil downturn in a generation

Glencore and Qatar take 19.5% stake in Rosneft

Russian banks to help finance privatisation aimed at raising cash for state budget

Turkish constitution proposal gives more power to Erdogan

Draft proposes a system that would place Erdogan's office at center of all decisions

Interview Non-Fiction

American psyche: Michael Lewis on the triumph of irrational thinking

The writer talks about how ‘the marketplace for politicians did something as weird as the marketplace for securities’

Age of ETFs forces stockpickers to adapt

Most actively managed funds are not beating the index

Dozens injured, 9 dead in explosion near Istanbul stadium

Additional gunshots reported hours after new constitution is proposed

Isis advances on historic Palmyra

Syrian army forced to send reinforcements to historic city

Banks to press May for open-ended Brexit transition pact

British Bankers’ Association report calls for EU access to continue years after exit

Analysis Hedge funds

Hedge funds begin to venture beyond costly Mayfair enclave

Lavish offices in high-rent London neighbourhood are being consigned to the past

Settlers dig in at Israeli outpost

Critics warn recognition could be death knell for two-state solution

UK news

Lawyers aim for fresh legal challenge to Brexit process in Dublin

Lawsuit likely to ask Irish courts for referral to European Court of Justice

David Davis rebuffed City hopes for Brexit transition deal

Brussels aghast at suggestion interim plan would be considered only to ‘be kind’ to EU

UK trade deficit narrows by record £3.8bn

Construction unexpectedly slowed in October, says ONS

UK’s National Grid charges up battery storage plants

Subsidies auction highlights rapid change in Britain’s energy sector

Opinion

Video

world

After Aleppo

Erika Solomon reports from Beirut

world

Fed expected to raise rates

Economists on higher rates and Trump

world

S Korea's Park impeached

Vote in parliament follows weeks of protests

world

Brexit so far — in 5 charts

No signs of stress in UK economy, but pound has lost more than 10%

markets

ECB news explained

Euro slips after QE decision

world

China forex reserves drop $70bn

Central bank seeks to bolster renminbi

world

Renzi's fall weighs on banks

As the political turmoil unfolds, all eyes are on Monte dei Paschi

companies notebook

Future energy in Scottish mountains

How pumped storage boosts renewable power

New York Minute

Italian Job

World markets handle the latest political shock

world

End of Renzi era — View from Rome

Italians reject constitutional changes

world

Italy in crisis: what happens next?

Post-referendum scenarios for Italy

Authers Note

Trading on Trump

Can the rally in US stocks that has followed Trump's victory continue?

Highlights

A profile of Jo Cox, Labour MP and activist

The politician spent her days exuding a quality that seems in short supply: empathy

Special Report Destination: UAE

Emirati women break with tradition to study in record numbers

Women now make up around three quarters of student bodies in state universities

Phoebe Waller-Bridge & Vicky Jones on creating hit series ‘Fleabag’

The TV comedy grew out of a partnership that prizes complexity, vulnerability and pushing the boundaries

Markets News

Wall Street hits fresh record highs as ‘Trump rally’ continues

Euro dips and Bunds calmer following ECB-induced wobble

ECB rejects Italy’s plea for more time to rescue Monte dei Paschi

Rome now left with little option but a government bailout of ailing bank

Investors seek protection against rate risk ahead of Fed

Funds invested in floating-rate loans draw biggest weekly inflows in more than 3 years

Technology

Millennials lead the charge to find real life . . . and slow tech

Young people are tiring of too much disruption, writes Philip Delves Broughton

Michigan passes new laws for driverless car trials

Home of US motor industry seeks to grab lead from California as test bed

My new Snapchat Spectacles really do make gadget-wearing cool

Surprise and delight over discreet video-recording sunglasses

Life & Arts