Bessent hails US-China AI dialogue ahead of Trump-Xi meeting
Treasury secretary says sides working towards ‘shared vision’ after talks with Chinese counterpart
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Financial Times
Global business from the Financial Times
Business · 1862 articles · page 24 of 52 · fetched 6 minutes ago
Why the world’s hottest stock market is a national liability
South Korea’s wild stock price swings are hurting the country’s image
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Fuel subsidies weigh on public finances as energy crisis deepens
The number of countries with some form of consumer support for fuel costs has topped 90
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VW ejected from European blue-chip index in blow to crisis-hit carmaker
German company falls out of Euro Stoxx 50 after its shares dip to 16-year low
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Lex in depth: the challenging maths of Anthropic’s IPO
There are several ways to crack the valuation nut. Some suggest the company may be worth far more
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Fed and BoE step up scrutiny of bank exposure to trading firms after Jane Street loss
Regulators intensify questioning of prime brokers after blow-up at AI-focused hedge fund Situational Awareness
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Western companies lag China in sodium battery race
Cells using abundantly available materials could help break the grip on rare earths needed for EVs and energy storage
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The cartel civil war tearing apart a Mexican state
The Sinaloa cartel erupted into conflict in 2024 when the son of Joaquín ‘El Chapo’ Guzmán kidnapped his father’s…
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Nik Storonsky’s plan for Revolut: a global bank with ‘effectively zero risk’
Russian-born founder and CEO talks to the FT about building Europe’s most valuable start-up
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German chancellor Merz vows to stay on despite ‘disaster’ in regional elections
Result leaves CDU without seats in state parliament in Mecklenburg-Vorpommern
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Germany’s Merz stands his ground but for how long?
Lessons from elsewhere in Europe suggest once leaders become deeply unpopular, they almost never recover
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A UN gathering notable for its absences
World leaders convene in New York for the General Assembly, but not Germany’s Merz, while China’s Xi heads straight to…
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Lula, Costa, Ruto and Carney: Multilateralism is not idealism, it is a necessity
We need to strengthen our system of co-operation, not replace it
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Trump says 250ft arch will be ‘military complex’ with drones and snipers
President claims national security justification for controversial Washington monument
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Wall Street expects US to issue about $1tn of short-term debt as borrowing costs climb
Growing reliance on Treasury bills comes as Scott Bessent seeks to curb rise in long-term rates
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AI is a powerful but problematic new collaborator in mathematics
We are already witnessing the unintended consequences of algorithms realising goals with badly defined parameters and…
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CATL develops pick-up truck batteries for US despite trade barriers
Comments from Chinese company come ahead of President Xi Jinping’s visit to Washington
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Ukraine hits Moscow with ‘largest ever’ drone attack
Major oil refinery in Russian capital set ablaze as voting draws to a close in stage-managed parliamentary elections
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US retailer rations motor oil as prices quadruple and supplies run dry
Iran war has created global shortage of lubricant used in vehicle engines
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Jon Ossoff’s Georgia race stirs talk of 2028 US presidential audition
Democrat’s media-savvy attacks on ‘crook president’ give him lead in state’s pivotal Senate election along with…
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Trump’s regulatory rollback puts $400mn in US audit fees at risk
Accounting firms are fighting SEC proposal to loosen the post-Enron rules that have handed them a revenue bonanza
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Big Tech uses guarantees to keep $300bn AI exposure off balance sheets
Wall Street finds new way to turn tech giants’ credit strength into cheaper funding for AI build-out
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Billionaire Tata scion faces battle of his life to avert listing
Noel Tata is up against the 150-year-old business empire’s chair and his well-connected New Delhi allies
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Freedom in adulthood isn’t what you think
Part of growing up is realising that some degree of discipline, commitment and narrowed options can lead to greater…
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Israel’s settler economy braces for European sanctions
Penalties against businesses on occupied Palestinian land could have far-reaching consequences
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Novo investors call for dealmaking and new drugs
Ozempic maker is under pressure to diversify as it prepares to face shareholders on Monday
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The Gulf cargo trade that vanished
The Strait of Hormuz was a transit hub for goods from helium to corn. Businesses have battled to find alternative routes
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Low UK growth is a product of neglect
Governments need to start planning for the long term again
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Saudi Arabia quits China-led cross-border currency platform
Kingdom’s central bank withdrew from programme which is part of Beijing’s effort to develop an alternative system to…
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Russia’s new air campaign seeks to destroy Ukrainian economy
Drone and missile strikes hit warehouses, steel plants, ports and railways, depriving Kyiv of more than $1.5bn in tax…
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Biodiesel for shipping now cheaper than conventional fuels after price fall
Supplies racing to hit emissions targets push cost to record low, in move that could accelerate industry’s shift to…
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Trump announces ‘AI Force’ as alarm grows over technology’s advance
US president has resisted calls for regulation but said he would appoint a ‘tsar’ to monitor for ‘bad’ behaviour
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Trump bans major US news outlets from White House
Journalists from CNN, MS Now and Politico denied access as president escalates assault on media
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Nobel economists throw support behind California billionaire tax
Progressive laureates say November ballot measure could ‘start reining in the power’ of ultra-wealthy
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Carney takes his investment pitch from ‘Maple Davos’ to Strasbourg
Canada’s prime minister appeals to Wall St and the EU in his effort to diversify the economy away from the US
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Unpacking the real fiscal costs of immigration
Low taxes on low earners mean the same immigrants cost the UK more than they would elsewhere
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