Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apathy and anticlimax are what a central bank aspires to when the time comes for a momentous policy decision. By this measure, the Bank of Japan’s return to positive interest rates was a triumph —
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unilever is to split off its ice cream business and cut 7,500 jobs as the consumer goods group steps up efforts to improve its performance. The company said on Tuesday that the ice cream division,
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Cynicism about artificial intelligence is here, but it is unevenly distributed. There is not enough scepticism about the technology’s applicability in a variety of fields in the business world, and too little awareness of how
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Billionaire investor Nelson Peltz plans to vote for Donald Trump, saying his assessment that President Joe Biden’s “mental condition is really scary” outweighed his concern over the January 6 2021 attack on the US Capitol.
Pay rises in Clayton County, home to Atlanta’s vast airport and highways carrying cargo to and from the state’s bustling ports, were the best in the US over the past year. Yet Sam Day, an insurance adviser who works in the county’s Southlake Mall, said she was in a “really scary spot”, as the soaring
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A second successive jump in the UK minimum wage will keep the Bank of England on high alert for signs of pay growth feeding inflation, even as broader price pressures in the economy start to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of Japan has raised interest rates for the first time since 2007, becoming the world’s last central bank to end negative rates as the country puts decades of deflation behind it. Following a
Nvidia has unveiled its latest artificial intelligence chips, which the company claims are far more powerful than its existing market-leading hardware, as it sets its sights on extending its domination of the burgeoning industry. Chief executive Jensen Huang said on Monday that Nvidia’s new Blackwell graphics processing units will massively increase the computing power driving
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. One-year-old healthcare start-up Hippocratic AI has gained a $500mn valuation following a funding round, as Silicon Valley investors seek to cash in on promising new applications built using generative artificial intelligence. The Palo Alto, California-based
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden warned Benjamin Netanyahu on Monday that an assault on Rafah “would be a mistake”, as he asked Israel’s prime minister to send a delegation to Washington with alternative plans for the next stage
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia has unveiled its latest artificial intelligence chips, which the company claims are far more powerful than its existing market-leading hardware, as it sets its sights on extending its domination of the burgeoning industry. Chief
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. So much for “levelling up”. In 2019 the Conservative party stormed to an election victory partly on the promise to boost Britain’s “left behind” regions and nations. Nearly five years later, the government has little
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s securities regulator has accused Evergrande and its founder Hui Ka Yan of inflating its mainland Chinese revenues by almost $80bn over 2019 and 2020, in the first detailed allegations by authorities to shed light
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump is unable to secure the bond needed to postpone the enforcement of a $464mn fraud judgment against him in a New York civil court, his lawyers said on Monday. The former US president’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Reckitt’s chief executive has vowed to overturn the damaging verdict of a jury in the US that the company’s Enfamil baby formula caused the death of a premature infant, insisting that the products are safe to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Who’s the fucking superpower here,” said Bill Clinton, after his first meeting with Benjamin Netanyahu in 1996. The former US President was outraged by the new Israeli prime minister’s hectoring arrogance. Almost 30 years later,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stephanie Cohen, one of the most senior female executives in Goldman Sachs’ history, is leaving to become chief strategy officer of digital services group Cloudflare. Cohen’s exit is the latest in an exodus of top
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is director of economic policy studies at the American Enterprise Institute Nippon Steel and US Steel reached a deal in December for the Japanese steelmaker to acquire its iconic US competitor. The acquisition
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deloitte has launched the biggest overhaul of its global operations in a decade as the Big Four firm seeks to cut costs and reduce the organisation’s complexity in the face of an expected market slowdown.
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Leading western and Chinese artificial intelligence scientists have issued a stark warning that tackling risks around the powerful technology requires global co-operation similar to the cold war effort to avoid nuclear conflict. A group of
Stay informed with free updates Simply sign up to the Russian politics myFT Digest — delivered directly to your inbox. Western nations have condemned Russia’s presidential election as violating “civil and political rights”, as the EU moved to impose new sanctions on Moscow in response to the death of opposition leader Alexei Navalny. This weekend’s
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