FT News

Henry Mance reviews Google's transformation from a profitable search engine to a tech conglomerate, China's decision to devalue its currency and the abuse of migrants by British employers, and talks to Andrew Hill, management editor about the best business books of the year.

Is China's renminbi devaluation a move towards liberalisation or a desperate bid to halt the country's economic slowdown? Ben Hall discusses the move with James Kynge and Gabriel Wildau.

Google has announced a broad restructuring which sees the US technology company renamed Alphabet and puts its internet search business into a subsidiary company. Matthew Vincent asks Richard Waters why Google has decided to reinvent itself.

China's island building in the South China Sea has led to friction with countries that share maritime borders around the sea and with the US which remains the dominant power in the region. James Kynge asks Charles Clover, FT correspondent in Beijing, how China has reacted to the criticism.

Students who fail in the first round of recruitment after leaving education in Japan are excluded from the country's lifetime employment system and condemned to a precarious life of temporary contracts and part time work. Robin Harding, FT Tokyo correspondent, talks to one of them

Henry Mance rounds up this week's news with a look at London's Garrick Club, Obama's plan to combat climate change, and the first banker to be jailed for rigging rates.

In an excerpt from this week's episode of FT Alphachat, host Cardiff Garcia is joined by Alphaville colleague Matt Klein and FT reporter Anna Nicolaou to discuss Prime Minister Stephen Harper's call for an election as the country is threatened by recession.

Saudi Arabia is considering borrowing money on the local market in order to fund a growing budget deficit caused by the drop in oil prices and its expensive war in Yemen. Fiona Symon talks to Simeon Kerr, FT Gulf correspondent, about the kingdom's options.

President Obama's plan to impose emissions cuts on the US power sector is opposed by political rivals and some industry. How significant is the plan and can it succeed? Orla Ryan puts the question to Pilita Clark, FT environment corresponent and Barney Jopson, Washington correspondent.

Tom Hayes, a former star trader at UBS and Citigroup, has been sentenced to 14 years in prison for conspiring to rig Libor, the first conviction in the global scandal over the manipulation of benchmark interest rates. Martin Arnold talks to Lindsay Fortado about the implications of the case.

Henry Mance rounds up this week's news with a look at the fightback against hack attacks, why Britain's Conservative leader David Cameron should not be too complacent, and why annual appraisals at work may be on their way out.

Fiat Chrysler recalled 1.4m vehicles last week amid fears the company's Jeep Cherokees could be compromised by hackers, sending shockwaves through the industry. Murad Ahmed asked Andy Sharman, the FT's motor industry correspondent how carmakers are dealing with the cyber security threat.

Nato allies have welcomed Turkey's decision to step up its fight against Isis. But its decision to include Kurdish opponents as the target of its air attacks is causing some concern. Siona Jenkins discusses Turkey's strategy with Daniel Dombey and Alex Barker.

Ten years ago the Chinese government ended the renminbi's strict peg against the US dollar. Since then the currency has gained in stature in world trade, investment and as a reserve currency, reflecting China's growing international influence. James Kynge asks David Pavitt of HSBC and Jinny Yan of Standard Chartered what further changes are in store. Read more at ft.com/renminbi. Music: David Sappa

Chinese equities have been in turmoil, suffering one of their worst days on record this week. FT Banking editor Martin Arnold asks Gabriel Wildau, the FT's correspondent in Shanghai, how damaging this is for the country's banking system.