Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. The UK’s inflation rate fell sharply in February, bolstering arguments for the Bank of England to start cutting interest rates this year as it makes headway in bringing price growth under control. The consumer prices
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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. Microsoft has hired Mustafa Suleyman, the co-founder of Google’s DeepMind and chief executive of artificial intelligence start-up Inflection, to run a new consumer AI unit. Suleyman, a British entrepreneur who co-founded DeepMind in London in
This article is an on-site version of our Chris Giles on Central Banks newsletter. Sign up here to get the newsletter sent straight to your inbox every Tuesday Today, Japan ended an eight-year period of negative interest rates after gaining confidence that the country has defeated deflation for good. More on that below. Similar fireworks
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
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,
Vladimir Putin is cruising to victory in Russia’s presidential election, cementing his rule for another six years amid his invasion of Ukraine and brutal suppression of dissent. The result of the three-day election ending on Sunday is a foregone conclusion after the Kremlin outlawed all criticism of Putin or the war and blocked any opposition
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has agreed to pay $490mn to settle a class action accusing chief executive Tim Cook of misleading investors in 2018 by exaggerating demand for the iPhone in China. Investors claimed Cook overstated demand for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venezuela will hold its presidential election on July 28, ending speculation over when polls will be held as political repression increases in the South American country. Socialist strongman President Nicolás Maduro is expected to run
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US-Israel relationship erupted on Thursday after America’s most prominent Jewish politician called for Benjamin Netanyahu’s hardline government to be replaced, accusing him of weakening his country’s “political and moral fabric” and being an “obstacle
Argentina’s senate has rejected a sweeping emergency decree issued by president Javier Milei to deregulate the economy, serving a major blow to the libertarian leader. Senators voted 42 to 25 to reject the decree, with four abstentions. Issued in December, Milei’s plan modifies or eliminates more than 300 regulations on areas such as the rental
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I left my meeting with a senior French officer feeling that the west is so weak it scarcely exists any more. “The West”, a longtime object of obsession for anti-westerners from Egypt’s President Nasser to
Joe Biden plans to express serious concern over Nippon Steel’s proposed purchase of US Steel, a move that could threaten the deal’s progress and anger Japan, one of Washington’s closest allies. Biden will issue a statement about the Japanese group’s proposed $14.9bn acquisition of the Pennsylvania-headquartered steelmaker before Prime Minister Fumio Kishida arrives for a
In the two years he’s served on Ukraine’s battlefield, Ilya has had just 25 days of leave. “Two years without a break, without rotation — of course, morale is low and it’s killing motivation,” said Ilya, who serves in an assault brigade. “We need either rotation or normal vacations to rest properly.” The soldier said
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Cross-border fire between Israel and Hizbollah escalated sharply overnight, as Israeli jets struck targets deep inside Lebanon and the militant group responded with some of the largest rocket barrages on northern Israel since the start
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Growing optimism about the world economy and improved corporate earnings is driving stock markets to record highs, prompting analysts to forecast further gains in what some describe as a “risk reset”. Wall Street’s S&P 500, the
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. President Vladimir Putin has sacked the commander of Russia’s navy after it suffered a series of humiliating losses in the Black Sea, according to Ukrainian officials with knowledge of the shake-up. Putin sacked Admiral
Shortly after a Chinese company opened up nearby, employees at Malaysian contract manufacturer Kemikon walked outside their factory to find sheets of paper stuck to their car windshields. The flyers were from Fengshi Metal Technology, a Suzhou-based rival that operates in similar areas of semiconductor equipment manufacturing. They promised salaries 30 per cent above the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden has accused Israeli Prime Minister Benjamin Netanyahu of “hurting Israel” through his administration’s treatment of Palestinians, but added the US would not set a “red line” limiting his actions against Hamas. The US
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hands resting lightly on the lectern, Sir Paul Marshall laid in to the three enemies of the free market, what he called the “mutant siblings” of capitalism: the “cronies” colluding at Davos, monopolies and “woke”
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. [embedded content] Joe Biden called on Congress to “stand up” to Russian President Vladimir Putin as he opened his annual speech to Congress with a plea to support Ukraine and criticism of Donald Trump for
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