Meta shares tumble as Zuckerberg tries to sell his vision for AI ‘agents’
Social media chief defends strategy based on personalised bots as costs rise and revenue projections disappoint
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Financial Times
Global business from the Financial Times
Business · 1853 articles · page 47 of 52 · fetched 8 minutes ago
Fifa not ‘selling the World Cup’ in $20bn commercial plan, says adviser
Greg Maffei defends contentious proposal he helped shape as body’s move to bring in outside investors is hit by backlash
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Trying to make sense of Warsh
Abdicating responsibility or fortifying the markets with anti-fragility serum?
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US launches strikes on Iran after Trump vows to deliver ‘beating’
Attack comes day after Tehran launched ballistic missiles at American forces
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‘My life’s screwed’: Korean investors stress out after AI bubble bursts
Millions suffer ‘unprecedented’ losses after Samsung and SK Hynix stock tumbles
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Bank of England holds interest rates at 3.75%
MPC signals it could still lift borrowing costs if Middle East war hostilities lead to more persistent inflation
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US borrowing costs hit 19-year high as Fed defies inflation fears
Central bank holds rates even as investors worry Iran war will ignite jolt of price growth
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DR Congo’s cobalt boom carries an unwanted cargo: uranium
Radioactive ores have become a proliferation risk in the land that supplied material for second world war atomic bombs
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Chinese stocks on track for worst month in decade
Investors pull out of ‘picks and shovels’ suppliers to AI boom
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Winner of US-China AI rivalry falls 2% in Hong Kong debut
Shandong-based Innolight supplies data centre equipment to American and Chinese tech groups
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Hedge funds raise bets against US-backed critical minerals companies
Short sellers increase wagers amid concerns that rally had run too far
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How exposed is the UK economy to the second China shock?
Less so than some of its G7 partners but not entirely immune
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ByteDance’s big bet on AI
The Chinese company behind TikTok is pouring resources into the technology. Some think it is a big gamble
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Saudi Arabia is still doomed to dependence on America
The US president’s latest outburst reveals that Benjamin Netanyahu’s preferences continue to trump Mohammed bin…
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Global surge in copper theft snares telecoms and trains
High prices tempt organised crime to target the metal in power and telecoms lines globally
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Leopold Aschenbrenner’s $20bn hedge fund seeks to raise capital after AI rout
Hedge fund has held talks with existing investors and lenders in recent days
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Investors warn BoJ faces test to inflation-fighting credibility
Friday’s meeting on interest rates will be closely watched for signs of future policy decisions
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Digital avatar of Jair Bolsonaro tests Brazil’s AI election rules
Lawyers for former president insist he did not authorise the projection following legal challenge from leftwing groups
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Qualcomm posts shrinking sales and profits as chip costs hurt smartphone market
Net income falls 25% as higher memory chip prices hit device business
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Infantino defends $20bn Fifa commercial venture after mounting backlash
President of world football’s governing body says plan to sell stake to investors ‘is an opportunity and not an…
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Oil prices surge after Trump says Iran will ‘get a beating’ for missile attack
Washington says Tehran launched an attempted ‘surprise attack’ on US military installations in the Middle East
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Fauci invokes Fifth Amendment at fiery Senate hearing on Covid-19
Republican lawmakers threaten to hold scientist in contempt for failing to answer questions
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US oil inventories fall to ‘precariously low’ level as Iran war disrupts supply
Decline could erode ability to supply Asian and European markets dependent on supplies from the Middle East
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Nvidia’s chips may be novel, but its ‘circular financing’ isn’t
Chipmaker is basically writing cheques to enable its customers to buy more of its products than they could otherwise…
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Fed holds rates steady even as Iran war threatens fresh jolt of inflation
Three voting members of FOMC call for higher borrowing costs after high-stakes meeting
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Saudi Arabia joins US strikes on Iran-backed militias in Iraq
Iran also fired ballistic missiles at US forces in Jordan, ending a days-long pause in direct air strikes
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EU warns it will investigate Fifa’s $20bn commercial venture
Bloc joins protests against plans by football’s governing body to raise billions from outside investors
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Ferrari EV designed by Jony Ive has already hit 2026 sales target
Italian carmaker reports strong demand from China for electric model derided for its unconventional design
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Grant Thornton seals accounting sector’s largest takeover in a generation
US audit and consulting firm to buy publicly listed CBIZ for $5bn in all-cash deal
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Populism will eat itself
A movement that admires belligerence and confrontation will turn on its own in the end
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‘Anti-tech’ index shines in global chip rout
Banks and oil companies power UK stocks’ rebound from Iran war sell-off
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Tech rout roils markets after SK Hynix profits disappoint
South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains ‘limited’
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Fed’s favourite inflation gauge to be lowered by stats agency change
Adjustments by Bureau of Economic Analysis to ease pressure on central bank to raise rates
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PwC published reports on AI marred by AI hallucinations
Big Four consultant is latest firm found to have produced slapdash work while marketing expertise on the technology
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Bank of England probes Asian equity risk at prime brokers
Regulator to review exposure to AI sector at hedge funds and other clients of investment banks operating in UK
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