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Donald Trump to pick Rex Tillerson as US secretary of state

Exxon chief chosen as top American diplomat despite criticism over Putin ties

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China challenges EU and US over market economy status

Beijing launches action at WTO as war escalates over flood of cheap Chinese steel

Embassy move to Jerusalem a ‘priority’ for Trump, says aide

Palestinian anger as Conway confirms promises made during election campaign

Senate leader backs probe into claims Russia hacked US election

First sign of open discord between congressional Republican leadership and Trump

FT Seasonal Appeal: Saving Haiti's babies

In the west's poorest country, MSF clinic is the difference between life and death

Gary Cohn quits Goldman to head Trump’s National Economic Council

Departure of chief operating officer is latest from US bank’s senior management team

Question for the Trump era: how high can US rates go?

Some say scope for rises underestimated, but productivity problems overshadow economy

Philip Hammond calls for transition deal to ‘smooth’ Brexit

Chancellor speaks out for first time on need for more than two years to finesse exit

Redstone family calls off Viacom-CBS merger talks

Disagreements over valuation and management control derail attempt to reunite empire

Syrian forces claim 99% control of eastern Aleppo

Fears for civilians as regime squeezes remaining rebels into small patch of city

Christine Lagarde missed vital Tapie memo, court hears

IMF chief says she was deluged by paperwork while French finance minister

US news

Trump takes aim at Lockheed Martin over F-35 costs

US defence group’s shares hit after president-elect tweets programme ‘out of control’

Trump calls CIA claims on Russia election hacking ‘ridiculous’

Bipartisan group of lawmakers calls for congressional probe into alleged interference

Analysis Media

Murdoch plays long game with approach for Sky

21st Century Fox confident that £11bn approach will not be derailed this time

Activision has a fight on its hands over Call of Duty game sales

Franchise has sold 200m units in 13 years but retail figures are down, say analysts

Opinion

Video

comment

Person of the year: Donald Trump

The weight is on historical significance

FT Alphaville

Poor worker conditions power gig economy

FT investigation on workers’ living standards

markets

Oil surges, bonds dip

In the markets today

the week ahead

Federal Reserve meets, Trump’s plans

Key stories to watch for in the week

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

Highlights

We are teaching today’s children the wrong type of maths

The magic is in optimising process, computer and human, writes Joanna Perkins

Book review: France d’en Haut — a timely warning on hipsters

The ‘bohemian-bourgeois’ class have unwittingly helped create disaffection with globalisation

A music industry MBA is the new rock ’n’ roll

Creative people can gain skills by studying the economics of streaming and royalties

Markets News

Asia bourses mixed as Wall Street slips off highs

Europe stocks in line for soft start as oil prices fail to build on gains

updated

Bonds buckle as investors wary ahead of Fed

Yield on 10-year Treasury note rises above 2.5 per cent for the first time since 2014

Market questions of the week: what signal will the Fed send?

All eyes are on the US central bank’s meeting and the outlook for interest rates

Technology

UK tech group e2v agrees £620m sale to US conglomerate

Teledyne would be latest overseas buyer of a British company after Brexit vote

Tech toys are great . . . if the children play too

Coding skills and learning about electronics are as important as basic literacy

Ride into the future on bike tyres made with graphene

Cyclists shave seconds off times as sport helps pioneer use of wonder material

Life & Arts