Trump administration approves $24bn sale of F-35 jets to Saudi Arabia
Deal comes amid escalation in Middle East conflict — but transfer likely to face opposition in US Congress
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Financial Times
Global business from the Financial Times
Business · 1862 articles · page 26 of 52 · fetched 33 minutes ago
OpenAI discloses new ‘concerning’ model behaviour
Developer launches system to track and report AI model misconduct
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OpenAI staff knew the ‘existential threat’ AI posed to publishers, New York Times claims
Lawyers say AI co-founder Greg Brockman was ‘motivated by the gazillions’ he hoped to gain from models trained on…
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Reform UK’s mega-donor backed a friend’s libel claim. Now he controls her home
Crypto billionaire Ben Delo loaned more than £300,000 to former academic Nina Power
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Hispanic voters feel ‘betrayed’ by Trump, top Republican says
Florida lawmaker María Elvira Salazar rebukes president in TV ad for heavy-handed immigration policies
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Has AI broken the old VC model?
A spate of mega-IPOs triggered by the AI boom is stretching the feast-or-famine industry dynamic to an extreme
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Going faster will only slow AI down
Without stronger safeguards, the danger is that any disaster could trigger a furious public backlash and regulatory…
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After Warsh’s strong start, how high will rates need to go?
The new Fed chair has demonstrated that he is committed to upholding central bank independence in the face of pressure
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Merz fights for survival ahead of German regional elections
Chancellor skips UN General Assembly to contain mounting CDU crisis amid far-right surge in eastern states
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Turkish authorities rush to stem fallout from stock market scandal
Funds frozen or liquidated and 38 people referred to prosecutors as regulators move to restore calm
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European carmakers warn EU-UK tariffs could be ‘catastrophic’
Industry argues that stricter rules of origin should be delayed to allow more time for supply chains to be established
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Carney defends EU ties amid ‘ferocious storm’
Canadian prime minister defends his bid to become EU’s first ‘associate member’ after threats from Donald Trump
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China’s AI labs must accelerate development, says Huawei chair
Chinese tech executive’s comments contrast with Silicon Valley calls for slowdown amid rising concerns about…
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Wall Street warns trading boom is losing steam
Revenue growth slows after record-breaking bonanza in second quarter
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China cuts US Treasury holdings to lowest level since 2008
Gradual unwinding comes as rift deepens between world’s two largest economies
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Trump suggests EU-Canada associate member deal would be ‘hostile act’
US president threatens to impose ‘very serious’ tariffs on the bloc if the measure is approved
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Getting to know Mr Warsh
A clearer reaction function is a fine substitute for forward guidance
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HSBC axes $38,000 school fee perk for new Hong Kong bankers
Longstanding subsidy had been used to attract senior staff to Asian financial hub
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US rate rise jolts yen ahead of Bank of Japan meeting
Fed increase adds to pressure on central bank to tighten monetary policy
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Trump fails to bend the Fed to his will
Kevin Warsh leads the US central bank to its first rate rise since 2023 less than four months into the job
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Why Carney’s romance with Europe can only go so far
Berlin opposes fast track to EU ‘associate membership’ for Canada, with officials warning Ottawa risks angering other…
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Apple’s most valuable product isn’t the iPhone
Markets were signalling discomfort even before the latest wave of worries about existential risk
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EU asks China to voluntarily limit hybrid car exports
Move comes as cheaper Chinese vehicles flood European market
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The rebel offensive that shook Saudi Arabia
Riyadh has been thrown into crisis after Yemeni forces it helped arm and train were overrun by the Iran-backed Houthis
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Who was right on job creation — Adam Smith or Schumpeter?
The centuries-old trend towards specialisation could be about to reverse
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DeepMind offshoot nears $4bn valuation just a month after founding
British start-up founded by former DeepMind researchers close to raising $700mn for Emulate
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Thousands of Barclays staff revolt against three-day office mandate
Push for bank to grant exemptions for employees with longer commutes and one-off payments to cover rise in workers’…
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The era of AI warfare has arrived
Autonomous systems are being rapidly integrated on the battlefield, as models advance in ways even their creators…
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Holtec pulls IPO over ‘perfect storm’ in AI sector, founder says
Kris Singh says market sentiment against data centres had dented flotation
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Fed defies Trump with first rate rise since 2023
President calls for 1% borrowing costs after US central bank signals willingness for further action to cool inflation
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Walter and Boehly sell Chelsea FC stakes to Clearlake for £950mn
Deal to sell 25% of football club helps financiers raise funds as their insurance empires come under scrutiny
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Trump calls for rates to be 1% or less after Fed tightens monetary policy
President urges policymakers to act for the sake of the country as rate-setters lift borrowing costs for first time…
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Trump oil ally Harold Hamm to invest in Venezuela
Move by Continental Resources marks latest foray by a western oil producer into the country after US military seized…
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Turkish stocks slide in ‘fund run’ as investors withdraw $1bn
Index provider MSCI raises prospect of cutting Turkey from emerging market to frontier status amid accusations of…
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Bach choir is a rare symbol of unity in a swing state
In small-city Pennsylvania, music brings people together from across the political divide
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AI must not outrun safety controls, DeepMind co-founder warns
Shane Legg speaks to FT as new DeepMind Institute launches to explore implications of artificial general intelligence,…
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