Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ABN Amro has agreed to buy German private lender Hauck Aufhäuser Lampe for €672mn from Chinese conglomerate Fosun, as the…
LONDON — The Federal Reserve should wait for significant progress on inflation before cutting interest rates, Minneapolis Federal Reserve President Neel Kashkari told CNBC Tuesday. Asked what conditions were needed for the Fed to cut rates once or twice this year,…
A group of investors will put up $6 billion to fund development of artificial intelligence by Elon Musk’s xAI. The company said on its website Sunday that the Series B funding round will be used to take xAI’s first products…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s Adani Group is in talks to expand into ecommerce and payments, according to four people familiar with the matter,…
Here is a transcript of the video. The world is in debt. To the tune of $315 trillion and counting. $315 trillion is a staggering number to visualize but consider this. In 2024, global gross domestic product — or GDP…
It was a close race, but the wasteland warrior of “Furiosa: A Mad Max Saga” came out slightly ahead of the plump orange cat with an estimated $32 million in ticket sales over the four-day weekend according to studio estimates…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s Javier Milei will meet tech executives including Tim Cook and Sam Altman in California this week, marking the libertarian…
3D generated face representing artificial intelligence technology Themotioncloud | Istock | Getty Images A growing wave of deepfake scams has looted millions of dollars from companies worldwide, and cybersecurity experts warn it could get worse as criminals exploit generative AI for…
A record was broken ahead of the Memorial Day weekend for the number of airline travelers screened at U.S. airports, the Transportation Security Administration said Saturday. More than 2.9 million travelers were screened at U.S. airports on Friday, surpassing a…
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK shop inflation eased in May, helped by falling prices of furniture and other non-food items, according to industry data…