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    opinion content. Swedish PM: We have stepped up terrorism fight as part of our Nato bid
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    Putin vows retaliation for drone attack on Moscow
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    markets content. Markets Briefing. US stocks wobble as investors focus on debt ceiling bill
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    US debt ceiling deal heads towards first House vote after clearing initial hurdle

    Leaders rush to shore up support after hardline Republicans express misgivings

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    US-China relations
    Pentagon accuses Chinese fighter jet of ‘aggressive’ action near US plane

    Defence department says incident took place in South China Sea on Friday

    China investigated Covid lab leak claims, says top scientist
    Goldman Sachs Group
    Goldman weighs fresh job cuts as dealmaking drought persists

    Wall Street bank considers eliminating fewer than 250 employees after making deeper reductions earlier in the year

    Goldman’s China dealmaker stops tapping US investors

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    US presidential election 2024
    Business leaders search for alternatives to Trump and DeSantis

    Republican donors urge Glenn Youngkin and Brian Kemp to enter 2024 race after Florida governor’s faltering start

    Airlines
    How Singapore Airlines soared while regional rival Cathay Pacific stalled

    Post-pandemic success comes as Hong Kong carrier struggles to recover

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    US opioid epidemic
    Purdue Pharma allowed to shield Sackler owners from opioid lawsuits

    Appeals court says some liability releases are ‘appropriate’ under US bankruptcy law

    Artificial intelligence
    AI executives warn its threat to humanity rivals ‘pandemics and nuclear war’

    Statement with more than 350 signatories says mitigating the risk of extinction should be a ‘global priority’

    Philip Morris International Inc
    Philip Morris on path to becoming an ESG stock, says chief executive

    Jacek Olczak argues that shift away from cigarettes should prompt a rethink after wave of exclusionary policies

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    1. Putin vows retaliation for drone attack on Moscow
    2. Military briefing: Ukraine’s daring ‘shaping operations’ stretch Russian defences
    3. opinion content. Don’t bet against the ‘suitcase principle’ of white-collar work
    4. opinion content. Why DeSantis is losing Republicans to Trump
    5. German start-up wins initial funding for revolutionary fusion energy machine
    UK trade
    UK has no plans to strike US trade deal during Sunak visit

    Britain’s prime minister to hold talks with Joe Biden next week

    Technology
    German start-up wins initial funding for revolutionary fusion energy machine

    Proxima Fusion aims to build complex device to generate emissions-free power by fusing atoms

    US-China relations
    China calls for ‘stable’ ties with US in meeting with Elon Musk

    Billionaire’s audience with foreign minister Qin Gang highlights complex relationship with Beijing

    Kosovo
    US restricts co-operation with Kosovo after ethnic tensions flare up

    Washington retaliates against Pristina’s lack of de-escalatory measures

    Nvidia
    Nvidia hits $1tn market cap as chipmaker rides AI wave

    Silicon Valley company joins elite group of US-listed companies including Apple, Microsoft, Amazon and Alphabet

    How Nvidia created the chip powering the generative AI boom
    Eurozone inflation
    Inflation in Spain falls more than expected to 2.9%

    Weaker than expected price pressures boost hopes of drop in figure for eurozone

    Shadow bank funding creates risks for big eurozone lenders, warns ECB
    Mercedes-Benz AG
    Mercedes chief hits out at EU tariffs set to penalise carmakers

    Ola Källenius calls for delay in post-Brexit sourcing rules and warns new tariffs will dent industry competitiveness

    Kosovo
    Nato deploys extra troops to Kosovo after violent clashes

    Serb protesters and international peacekeepers injured as ethnic tensions flare up, sparking security concerns

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    US News

    White House reaches deal with Republicans to avert US debt default

    Biden and McCarthy agree on terms to raise borrowing limit but must still convince sceptical members of their parties

    Ford faces uphill journey in convincing investors of new vision
    Beverly Hills voters reject LVMH luxury hotel on Rodeo Drive
    US retailers count the cost of surging shopping crime
    Cyberweapon manufacturers plot to stay on the right side of US
    US and China hold more trade talks despite strained ties
    Jamie Dimon gathers business elite in Shanghai amid China-US tensions

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    Markets News

    Turkey’s lira weakens as economists warn of Erdoğan’s ‘unsustainable’ policies

    Re-elected president insists interest rates should stay low despite inflation running at over 40%

    Wall Street banks re-enter junk debt market
    Crypto market struggles with transparency
    FT Asset Management. Investors pile into bonds
    UK regulator probes sustainable loans market
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    Market jitters push Turkish lira to fresh low ahead of presidential vote

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    Technology

    Is a sustainable electronics industry possible?

    One year of e-waste, from discarded devices, contains $57bn worth of raw materials — which could be re-used or recycled if companies improve product design

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    WPP teams up with Nvidia to use generative AI in advertising

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