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Apple unveils Vision Pro ‘mixed reality’ headset

Device will sell for $3,499 and be available ‘early next year’

3 hours ago

Lex. Apple: Vision Pro headset looks good but offers no new ideas for VR

Virtual reality start-ups pin hopes on Apple to lure back funding

Arctic chill: western nations fear China and Russia will exploit regional tensions

Editor's picks

What the debt ceiling debate missed

How America is reshaping the global economy

Top stories

Bitcoin drops 5% after US watchdog accuses Binance of multiple violations

Live

Markets Briefing. US stocks subdued as traders weigh Apple launch and policy outlook

France objects to Nato plan for office in Tokyo

Emmanuel Macron has raised concerns about the transatlantic security alliance losing focus

US-China relations

US prepared to address ‘aggressiveness’ of Chinese military

Warning comes after Beijing conducted two ‘unsafe’ intercepts of American forces

China rebukes west over military moves after close call in Taiwan Strait

Ukrainian forces step up attacks on multiple Russian positions

Kyiv dismisses Russian claims of failed thrust in Donetsk region by armoured battalions

The FT View. Ukraine needs long-term security guarantees

The editorial board

Spotlight

The Big Read. The money behind the coming wave of climate litigation

Those affected by environmental disasters are turning to the courts for redress, stoking debate about who should pay to bring the cases

Property sector

US banks prepare for losses in rush for commercial property exit

Lenders prepare to offload debt at a discount even when borrowers are up to date on payments

News

Artificial intelligence

AI risks ‘substantial disruptions’ in jobs markets, warns IMF official

Gita Gopinath calls on governments to craft new rules preparing for nascent technology

Generative AI’s ‘productivity revolution’ will take time to pay off

Crypto exchange Binance sued by SEC in latest blow from US regulators

Platform alleged to have sent billions of dollars to trading firm owned by chief executive

Binance loses market share after regulatory clampdown

Marshall Wace picks KKR executive to run US business

Todd Builione moves to hedge fund whose assets have tripled since alternative investment group bought stake eight years ago

Most read

Artificial intelligence

Hollywood actors seek new deal over use of AI ‘digital doubles’

Unions fear artificial intelligence could cause artists to lose control of their image while making writers obsolete

Hollywood directors avert strike after reaching contract deal with studios

Saudi Arabia passes four domestic football teams to sovereign fund

Shifting ownership to deep-pocketed PIF puts increased financial firepower behind the sport in the country

Spain frets over German threat to boycott ‘drought strawberries’

Domestic clash over use of illegal wells by farmers has international repercussions

Global Insight. Australia’s self-image shaken by disgraced war hero

Two points of national pride collided in the scandal over Ben Roberts-Smith

3 hours ago

UK foreign policy

Sunak seeks to burnish UK’s global credentials on Washington trip

UK leader will hope to show Britain remains key player in global security and forging AI regulatory framework

New World Bank chief under pressure as ‘Bridgetown initiative’ seeks $100bn

Ajay Banga faces calls for reform following proposal for fresh capital to drive climate and development finance

Investors brace for new law on sovereign debt workouts

Aerospace & Defence

Safran in talks to acquire flight controls unit from Raytheon

Discussions between French and US aerospace and defence groups come as sector grapples with supply chain issues

French defence companies step up hiring as they grapple with labour shortage

Foot-dragging over central bank chief underscores Lebanon dysfunction

Country was grappling with a leadership vacuum and an economic collapse even before the arrest warrants for Riad Salameh

Opinion

We need to keep CEOs away from AI regulation

Policymakers must not let complexity stop them from doing their job

Marietje Schaake

Markets Insight. Why the AI boom is not a dotcom redux

The simulation of human intelligence in machines has dramatic potential to change the way the economy works

Inside Business. Can UK pensions lifeboat come to rescue of equities?

Patrick Jenkins

The world’s trading system needs to ditch its paper trail

Chris Southworth

Europe’s new success stories are built on high luxury, not high tech

Lex. AI: open-source models imperil profits of big tech’s contenders

Unhedged. The debt markets see no evil

Robert Armstrong

The dismal truth about email

More Opinion

US News

Apple to offer vision of mixed-reality future beyond the smartphone

Shares hit all-time high ahead of expected presentation of a headset, the most important launch in years

Mexico’s ruling party wins critical regional election

Mexican mining industry under threat from sweeping new regulations

Ron DeSantis works to soften his image on the campaign trail

US cancer drug shortage forces doctors to ration life-saving treatments

US and UAE endorse security partnership despite frustrations

Hot jobs market piles pressure on Fed to raise rates later this summer

Podcasts

FT News Briefing. A daring high-wire act: Inside the Asda buyout

11 min listen

FT News Briefing. Martin Wolf on saving democratic capitalism: the ‘democratic recession’

43 min listen

FT News Briefing. FTNB Live! FT Weekend Fest in Washington DC

24 min listen

Political Fix. The Boris Johnson WhatsApp psychodrama

32 min listen

Review. The Idol TV review — HBO’s send-up of the music industry is sleazy and self-defeating

Interview. Artist Jann Haworth: ‘Sgt Pepper’s is just a record cover and I don’t think that’s very important’

My search for the ‘perfect’ all-round swimsuit

Things to do in Melbourne

FT Globetrotter. Curator’s pick: Pierre Bonnard at the National Gallery of Victoria, Melbourne

A wild ride to South America’s northern tip

Video

Hillary Clinton52 min

Hillary Clinton on China, Putin and the threat to US democracy

366 hours ago

Italian politics19 min

Italian companies suffer Russia market loss | FT Film

1006 hours ago

US manufacturing29 min

Why 3D printing is vital to success of US manufacturing | FT Film

1150 hours ago

World36 min

North Korea and the triads: gangsters, ghost ships and spies | FT Film

1606 hours ago

Highlights

Can a virtual PA turbocharge your career?

Services that take on the boring family admin claim they free up more headspace for professional endeavours. The FT’s Emma Jacobs tried it out

The Week Ahead. Apple set to launch ‘mixed reality’ headset

The Big Read. Orlen: is Poland’s energy giant a tool of the government?

‘Stream’ and ‘Torch’: the Gazprom-backed militias fighting in Ukraine

Throwaway Britain: what happens to our old tech?

We should stop worshipping at the altar of convenience

Saudi crown prince turns to ‘state capitalism’ after change in the guard

Technology

British Airways, Boots and BBC among companies hit by cyber security attack

Tens of thousands of workers affected by breach of sensitive data in hack expected to spread to the US

Lex. Viaplay: Scandi noir fails to build a profits bridge

Apple to offer vision of mixed-reality future beyond the smartphone

FT Alphaville. Some Barclays analysts explain “why Hollywood writers misunderstand the role of AI in content creation”

Lex. AI: open-source models imperil profits of big tech’s contenders

Viaplay ousts chief and issues profit warning

Markets Insight. Why the AI boom is not a dotcom redux

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