Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia launched its largest drone attack of the war in the early hours of Saturday morning, targeting Kyiv in what Ukrainian officials fear is the start of a winter campaign aimed at destroying the
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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. Om Yazan Qodeih struggled to hold back the tears as she surveyed the wreckage of her home in southern Gaza destroyed by an Israeli strike. All she could salvage from the broken concrete were a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Year-ahead outlook season is upon us again and the déjà vu vibe is strong. This time last year, investors and analysts were busy telling the world about their key convictions about 2023. Chief among them:
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is a technology analyst Over the past week, OpenAI’s board went through four CEOs in five days. It accused the original chief executive, Sam Altman, of lying, but later backed down from that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has become locked in a diplomatic dispute with Spain and Belgium after it accused the EU countries of supporting terrorism in response to their prime ministers’ criticism of its bombardment of Gaza. The Israeli
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At times, watching chancellor Jeremy Hunt deliver his Autumn Statement felt like witnessing a gladiatorial contest between a plucky contender and a many-headed hydra. Chop at one head — inflation — and another springs up
In the past year, Sam Altman, chief executive of OpenAI, has become the embodiment of a contradiction at the heart of artificial intelligence. Buoyed by the euphoria following the launch of the company’s AI-powered chatbot ChatGPT 12 months ago, the 38-year-old entrepreneur took his brand of Silicon Valley optimism on a global tour to meet
During a speech last week in Zurich, I giggled at the irony that folks (such as me) who are supposedly cancelled are anything but. We are invited everywhere to complain loudly about being silenced. A similar disconnection from reality applies to the popular fear that equities are shrivelling up — with companies and investors shunning
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The clear victory of the far right led by Geert Wilders in parliamentary elections in the Netherlands this week was a Dutch political earthquake. It will send tremors across Europe. Never before has an extreme
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A senior Labour MP has written to the head of the UK Insolvency Service urging him to consider whether foreign secretary Lord David Cameron was a “shadow director” of the collapsed finance group Greensill Capital.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt accompanied Prime Minister Rishi Sunak to the north-east of England on Friday to showcase a £2bn electric vehicle investment by Nissan, relieved his Autumn Statement had survived the week without too much criticism
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has released 24 hostages who had been held in the Gaza Strip, according to Qatar, as the Palestinian militant group’s truce with Israel took hold. The group were transferred to the International Committee of
Prisoner exchanges between Israel and militant groups have a history going back four decades, but the deal this week to exchange Hamas hostages for the release of Palestinian prisoners stands out in a number of ways. Unlike past exchanges, the obligations on Israel cover the release of just Palestinian women and children that it has
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Just hours after Hamas’s devastating dawn assault on southern Israel, Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani was preparing for action. He established a task force and a working group to co-ordinate with Washington
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Far-right leader Geert Wilders’ attempt to form a government in the Netherlands suffered a setback on Friday, as the business community warned against political instability scaring off investors. Dilan Yeşilgöz, leader of the right-leaning liberal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s Cathay Pacific Airways is offering discounted fares from mainland China to the territory to help authorities boost voting turnout in a “patriots only” local election next month. The incentive highlights concerns among Chinese
Jeremy Hunt this week presented UK voters with imminent tax cuts, a boost to pensions and a range of money-related measures — all made possible, he said, by faster than expected growth in the UK economy. According to the chancellor, inflation was coming under control, debt was falling and those left reeling from the rising
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. KPMG has frozen pay for around 12,000 employees in the UK, as the gloomy economic climate hits demand for its services across the firm. Bosses at the Big Four accountancy firm told staff across its
Part way through our main course, I ask Tom Hanks why he’s here. No disrespect to the two-time Oscar-winning actor, who is as charming as his reputation suggests and loquacious to a fault, but he doesn’t need the publicity. “I’m getting a free lunch,” he jokes, before acknowledging the demands of the “entertainment industrial complex”.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s fiscal events are a spectacle. On Wednesday, the Office for Budget Responsibility, the government’s fiscal watchdog, unveiled a rosier picture of the public finances. Chancellor Jeremy Hunt saw an opportunity to cut taxes and
Since Bernard Looney resigned as BP chief executive in September, the energy major has presented his departure as an isolated incident: the result of one man’s failure to disclose to the board past relationships with colleagues. Former employees, shareholders and others familiar with BP paint a more complicated picture. They say Looney’s rise and fall