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FirstFT: Ukraine plunged into political turmoil after Zelenskyy fires defence minister

Also in today’s newsletter: China’s largest AI model to date and South Korea’s first rate rise in three years

Free FT for schools

A guide to the Financial Times for schools programme

US chip and memory stocks slide in fresh bout of Wall Street tumult

Investors pull away from shares in companies that have led markets higher this year

Blanche to meet Epstein’s victims after senator’s confirmation ultimatum

Thom Tillis threatens to block acting AG’s appointment as scandal over sex offender overshadows nomination

Trump Media to sell high-speed access to president’s social media posts

Family company hopes large trading firms will pay for market-moving social media posts milliseconds early

Trump set to deliver primetime speech on election integrity

The president has pre-emptively cast doubt on the security and validity of November’s midterms in recent months

Netflix shares slide on disappointing growth forecasts

Streaming giant projects weakest revenue increase in three years

Should private credit be public?

The case for letting investors into private markets

Andy Burnham plans policy blitz on entering Number 10

Cost of living, North Sea energy and devolution set to feature in early days and weeks of new premiership

Zelenskyy government plunged into turmoil after defence minister fired

Ukraine president forced into concession as ousting of popular minister prompts public and political backlash

Trump adviser says leftwing extremism is ‘fatal cancer to civilisation’

State department says violence from the left is international counterterrorism blind spot

Dassault Systèmes in talks to buy drug trial software company for about $2bn

Potential purchase of ArisGlobal from Swedish buyout group would boost French conglomerate’s push into life sciences

Crypto.com valuation hits $20bn after investment from Citadel Securities

Market-maker’s bet on Singapore-based exchange reflects Wall Street push into digital assets and blockchain technology

Atmosphere found on distant Earth-like planet for first time

Astronomers hail discovery as a milestone in the search for extraterrestrial life

Advisers overseeing billions of pounds to leave St James’s Place

Prospera and Wellesley have both left SJP, according to the FCA’s register

Shabana Mahmood to tackle MI5 after scathing report into officers’ conduct

Home secretary promises to hold security service to account following case in which an agent was accused of abusing women

MPs decline to endorse former Virgin Money chief’s appointment as regulator

City figure Jayne-Anne Gadhia confirmed by government as chair of Financial Reporting Council

Trump teleprompter operator faces scrutiny over prediction market bets

Aide allegedly used advanced knowledge of president’s speeches to profit on ‘mention markets’ wagers

Monte dei Paschi claims €30.6bn bid from Intesa ‘undervalues’ bank

MPS’s board says offer carries regulatory and execution risk, leaving door open to potential tie-up with Banco BPM

The great British corporate sell-off

The UK’s business case needs strengthening to stop a self-reinforcing exodus

‘The Odyssey’ gives Homer a $250mn makeover; ‘Our Hero, Balthazar’ makes black comedy of internet fakery and school shootings; ‘Synthetic Sincerity’ seeks the human in AI; photographer-activist Misan Harriman is profiled in ‘Shoot the People’; ‘Life Support’ harrowingly takes viewers inside Gaza hos