Paris manhunt widens, Greek bailout and China’s $15bn Argentine nuclear deal

This article is published in collaboration with First FT.

The investigation into Friday’s deadly attacks in Paris spread across Europe on Tuesday, with security services in a number of countries racing to round up suspects as it emerged that French police were hunting not for one but possibly two surviving attackers. The authorities in Paris, meanwhile, authorised the distribution of an antidote for nerve gas ahead of a global climate summit that will bring 120 heads of state to the city next month.

The attacks last week, apparently planned under the noses of French and Belgian authorities, raise the possibility that Isis adherents have found ways around the dragnet of electronic surveillance. But some wonder whether they could have been prevented. (FT, WSJ)

In the news

Greek bailout deal Athens and its EU negotiators have reached a tentative agreement that overcomes the first serious stand-off over Athens’ €86bn rescue, clearing the way for the release of €2bn in aid and the restructuring of the country’s struggling banks. (FT)

Barclays faces new forex fine The UK bank is set to pay at least another $100m to resolve allegations it abused foreign exchange markets through its electronic trading platform,presenting an early test for the bank’s incoming chief Jes Staley. The looming penalty comes as US agencies’ far-reaching forex probe also pursues fresh claims against Deutsche Bank. (FT)

All Blacks great Lomu dies New Zealand rugby great Jonah Lomu has died aged 40. The 1.96m winger played 63 Tests for his country between 1994 and 2002, when he was diagnosed with a serious kidney condition that afflicted him until his death. (FT)

Bank of Foxconn Apple’s largest contract manufacturer doesn’t just want to make iPhones — it wants to be the banker to the world’s electronics supply chain. (WSJ)

China’s $15bn Argentine nuclear deal Beijing will finance and build two power plants in the South American country, underlining China’s continued push in Latin America despite its slowing economy. (FT)

FirstFT goes green

In the build up to the Cop21 summit in Paris, FirstFT partners today with Solutions&Co and other media groups to highlight innovative responses to climate change in search of support.

There are green apps that offer incentives to families to reduce their carbon footprint in South Korea; a factory that turns waste avocado seeds into bioplastic cutlery in the world’s biggest guacamole market in Mexico; gym bikes to generate electricity in Colombia; locally-sourced “lo-fab” materials for construction in Rwanda ; and digital radiators powered by the heat from computer servers in France. The full list is here.

It’s a big day for

Fed watchers The central bank releases minutes from its October meeting and analysts are looking for clues as to what policymakers might do during next month’s gathering. Hints of a rate rise abound but there are other important things to look for in the minutes. (Bloomberg)

Food for thought

Raqqa in the crosshairs The FT’s Erika Solomon explores why Isis’s Syrian stronghold is being targeted by French air strikes and what life is like for regular civilians living inside the city. “Syrians have been forced to abide by the group’s strict code of behaviour and endure sickening levels of violence … Beheadings happen with regularity, with the heads of victims hung on poles to stir fear.” (FT)

Charlie Hebdo on the Paris attacks The satirical French magazine — itself a target of a terrorist attack in January — did not pull any punches with its latest cover. (Newsweek)

Technology vs tumbleweeds The drive towards fully autonomous vehicles could be halted by some rather mundane obstacles. Thomas Form, an electronics researcher for Volkswagen, has warned that testing of driverless vehicles has been plagued by unthreatening road objects, such as tumbleweeds and food wrappings. (FT)

Gasping for air in India Beijing may get the headlines when it comes to smoggy days. But New Delhi has the dirtiest air of any city in the world thanks to a toxic brew of diesel exhaust, construction dust, industrial emissions and the widespread burning of biofuels for cooking. (FT)

Oxford ‘word’ of the year is an emoji In a blog post, Oxford Dictionaries wrote that the “Face With Tears of Joy” emoji has been chosen as the “word” that best reflected the ethos, mood and preoccupations of 2015. They note that this is a year where emojis in general went mainstream, used by everyone from big brands to presidential candidates. What a time to be alive. (Gizmodo)

Video of the day

Amoral markets Shares have risen in what some are calling a “patriotic rally” after the Paris attacks. The FT’s James Mackintosh says the market is performing its usual amoral weighing up of winners and losers, and unlike Paris, shares have not been terrorised. (FT)

Publication does not imply endorsement of views by the World Economic Forum.

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Author: FirstFT is the Financial Times’ editors curated free daily email of the top global stories from the FT and the best of the rest of the web.

Image: A European Union flag (L) flutters next to a Greek flag on the facade of the Bank of Greece headquarters in Athens. REUTERS/Alkis Konstantinidis.