Fin'l Times

Former US intelligence chief Avril Haines: ‘Trump trusts his gut more than the expertise’

The security expert on the chances of a Trump-Xi deal on Taiwan, her interactions with President Biden — and why a third world war is a ‘plausible scenario’...

3 hours ago

ICC is insulated against US sanctions, says deputy prosecutor

Tribunal has overhauled systems to withstand potential new measures from Trump administration...

3 hours ago

Goldman reaped more than $200mn in fees from hedge fund Situational Awareness

Barely two-year-old AI-focused investment firm became biggest client of Wall Street bank’s prime brokerage unit...

21 hours ago

US mortgage rates breach 7% as affordability pressures mount

Surging yields on government bonds and rising oil prices from the war in Iran drive inflation fears as national elections near...

22 hours ago

GoDaddy receives takeover offer from maker of Norton antivirus software

Talks between web domain provider and Gen Digital at early stage but could allow acquirer to broaden its business beyond cyber security...

23 hours ago

Iran’s president addresses UN after Trump threatens ‘annihilation’

US delegation walks out as Masoud Pezeshkian delivers speech...

2 days ago

McDonald’s bets on chicken

Fast-food chain aims to grow share in booming chicken market in bid to kick-start sluggish US sales...

2 days ago

The west does not have a leadership problem

If Friedrich Merz and almost everyone else is unpopular, perhaps governments aren’t the issue...

2 days ago

AI staff complain of mental toll over fears of threat to society

Top researchers at Aisi, OpenAI, Anthropic and Google DeepMind report burnout and stress over developing powerful AI...

3 days ago

Paramount reaches settlement to clear path for $110bn Warner Bros deal

Studio will not divest assets and will keep operations in California under terms that could be announced today...

3 days ago

Slide in oil prices drives rebound in battered government bonds

Brent crude falls to just above $100 amid speculation that Donald Trump could meet Iranian president this week, lifting French and Italian debt...

4 days ago

News outlets to sue Trump administration over White House ban

CNN, MS Now and Politico vow to protect First Amendment rights after reporters’ access withdrawn...

4 days ago

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...

4 days ago

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 restrictions...

5 days ago

Unpacking the real fiscal costs of immigration

Low taxes on low earners mean the same immigrants cost the UK more than they would elsewhere...

6 days ago

Court shines a further light on who was at fault in SVB implosion

Federal judge rejects claims that criticism of bank executives was based on hindsight...

6 days ago

Howard Buffett to succeed father Warren as Berkshire Hathaway chair

Conglomerate says the elder Buffett will step down as chair and take on role of chair emeritus...

1 week ago

Democrats vow to pursue ‘Trump crime family’ after midterm elections

Lawmaker on oversight committee says he will probe Donald Trump’s sons and Elon Musk if his party takes control of the House...

1 week ago

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...

1 week ago

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...

1 week ago

OpenAI discloses new ‘concerning’ model behaviour

Developer launches system to track and report AI model misconduct...

1 week ago

Holtec pulls IPO over ‘perfect storm’ in AI sector, founder says

Kris Singh says market sentiment against data centres had dented flotation...

1 week ago

Fed defies Trump with first rate rise since 2023

Central bank signals willingness for further action as chair Kevin Warsh warns that ‘inflation is too high and has been for too long’...

1 week ago

Fed raises rates for first time since 2023 in unanimous decision

Central bank chair Kevin Warsh defies calls from Donald Trump to lower borrowing costs...

1 week ago

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, amid growing calls for industry slowdown...

1 week ago

Jensen Huang says battle over AI innovation and safety is ‘false choice’

Nvidia cheif has distanced himself from OpenAI, Anthropic and SpaceX’s efforts to slow research...

1 week ago

Trump’s Iran war has cost US $38bn and caused munitions ‘shortfall’

New federal government reports shed light on sweeping fiscal toll of Middle East conflict...

1 week ago

UK ‘actively’ exploring joining Canada-led global defence bank

The DSRB aims to provide low-cost financing for military initiatives...

1 week ago

Ten-year Treasury yield hits highest level since 2007

Benchmark bond yield rises to 5.04% amid concerns over inflation and higher interest rates...

1 week ago

China tightens control of overseas travel in sweeping new law

President Xi Jinping steps up efforts to secure state secrets, advanced technology and highly skilled workers...

1 week ago

Carney urges EU to cement trade deal as Ottawa seeks pivot from US

Canada’s prime minister tells FT deeper ties with Europe will make both sides ‘more resilient’ amid Trump turmoil...

1 week ago

US tech stocks fall after big AI groups call for slowdown

Memory-chip makers and Nvidia slide during morning trading in New York...

1 week ago

Ten-year Treasury yield hits 5% for first time since 2023

Rise in US borrowing costs takes world’s most important financial gauge into perilous territory...

1 week ago

Oil hits $109 after Saudi Arabia closes vital export pipeline

Riyadh pulls out of regional talks to de-escalate hostilities over Strait of Hormuz in wake of drone attack last week...

1 week ago

Steve Bannon and Bernie Sanders unite in AI safety call

Rightwing activist and leftwing senator join forces to demand stronger regulation of the technology...

1 week ago

Iraq’s militias grow bolder in Iran war

Baghdad is seeking to reduce the power of Tehran-linked forces accused of striking a Saudi oil pipeline...

1 week ago

‘Trumpism’ spawns rare unity at Brics summit

Historically unruly bloc finds easy consensus amid worries over Gulf war, tariffs and US sanctions...

1 week ago

Larry Ellison cancels $7.5bn Oracle share sale

About-face comes a day after a filing revealed plans to sell up to 50mn shares by the end of October...

1 week ago

Lone Pine’s co-CIO to join early SpaceX backer Atreides Management

Kelly Granat to join tech-focused investment firm set up by former Fidelity Investments star stock picker Gavin Baker...

1 week ago