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Artificial intelligence

Nvidia chief Huang says AI is creating a ‘new computing era’

Chip group’s boss unveils new platform to help tech groups build generative artificial intelligence models

How Nvidia created the chip powering the generative AI boom

Letter from the editor on generative AI and the FT

Spanish politics

‘All or nothing’: Spain’s Pedro Sánchez gambles on snap election

Editor's picks

How to buy a global $20bn company for nothing

Outlook. America’s horse deaths bode ill for the sport of kings

Top stories

Live news: Oil rises on debt ceiling optimism

Live

US-China relations

China turns down US invitation for defence chiefs meeting in Singapore

Pentagon had requested the encounter between Lloyd Austin and Li Shangfu, who is under sanctions, at forum in June

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US politics & policy

Democrats and Republicans confident they can pass deal to avert US default

Centrists in both parties back agreement to raise borrowing limit despite opposition of hardliners

Explainer. What is in the US debt ceiling deal?

Rolls-Royce Holdings PLC

India files criminal complaint against Rolls-Royce and BAE

Groups accused over historic deals to supply country with fighter jets

Spotlight

Chinese economy

‘Confidence is a big problem’: China’s economic recovery loses steam

Weak property sales, industrial output and consumption sap confidence in rapid bounceback from Covid

US-China relations

De-risking trade with China is a risky business

Security-driven approach to trade clashes with western corporate interests and environmental targets

News

Turkish economy

Turkey’s lira weakens as economists warn of economic challenge

Re-elected Erdoğan insists interest rates should stay low despite inflation running at more than 40 per cent

‘I can do it’: Erdoğan promises Turkey more strongman medicine

Kosovo erupts in violence as ethnic Serbs bar Albanian mayors from taking office

Dozens of protesters and 25 Nato peacekeepers injured in clashes following disputed elections

2 hours ago

Russia pounds Ukraine with missile and drone barrage

Strikes beyond front lines aim to deplete stock of western-supplied air defence systems ahead of counter-offensive

Ukraine war opens door for Moldova to end its frozen conflict

Most read

News

US retailers count the cost of surging shopping crime

More frequent and more violent incidents are being reported this year

North Korea nuclear tensions

Japan threatens to shoot down any North Korean missile that enters its territory

Tokyo puts ballistic missile defences on alert after Pyongyang signals imminent launch of military satellite

Spanish politics

Spain’s PM Sánchez calls snap election after regional defeats

Prime minister sets July date after resounding defeat for his Socialists at hands of centre-right

Spanish conservatives score big win over ruling Socialists in local elections

Temasek Holdings Pte Ltd

Temasek cuts pay of employees behind failed $275mn bet on FTX

Singaporean state investor ‘disappointed’ with the investment in the failed cryptocurrency exchange

Lex. US retail investors: losing their animal spirits

Equity markets have rallied strongly in the first half of the year, but maintaining momentum could be a struggle

Toyota Motor Corp

Toyota chair faces removal vote over governance issues

More challenges to boards on diversity and corporate values expected during Japan’s annual meeting season

Property sector

Embattled Swedish landlord SBB explores options including sale

Property company considers break-up as tighter financial conditions hit real estate sector

Montenegro’s young guard aims to speed up EU accession

New leadership seeks to pass reforms and capitalise on fresh focus on Balkan region amid Ukraine war

Opinion

Taking an electric car on the road is still a gamble in America

The infrastructure is not ready for rapid growth, despite government promises

Citizens’ juries can help fix democracy

Western polities are ailing — deliberative assemblies would revivify them

The FT View. Food price inflation is proving stubbornly persistent

The editorial board

Now the UK is finally tackling ‘Londongrad’, it’s time the US upped its game

A European People’s Bond could support Ukraine’s reconstruction

Jacob Kirkegaard

Bank turmoil does not justify mission creep by deposit insurance

Jonathan Guthrie

Markets Insight. Commercial property’s big reset will present opportunities

Julian Salisbury

What we get wrong about ageing and work

More Opinion

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

Beverly Hills voters reject LVMH luxury hotel on Rodeo Drive

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

US debt ceiling deadline pushed back as talks continue

Investors expect higher interest rates as inflation pressures mount

Podcasts

FT News Briefing. Martin Wolf on saving democratic capitalism

47 min listen

Political Fix. Rishi Sunak’s immigration conundrum

32 min listen

FT Weekend podcast. Romantic comedies, with novelist Curtis Sittenfeld

20 min listen

Rachman Review. Modi’s moment in the spotlight

26 min listen

The treasures of Mallorca’s Tramuntana mountains

Review. Succession finale — one last twist of the knife

Deserved Palme d’Or for Anatomy of a Fall at Cannes Film Festival

HTSI. The best summer road cycling gear

Interview. Artist Sarah Sze: ‘My goal is to create something you’ve never seen before’

Video

Hillary Clinton52 min

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

195 hours ago

Italian politics19 min

Italian companies suffer Russia market loss | FT Film

835 hours ago

US manufacturing29 min

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

979 hours ago

World36 min

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

1435 hours ago

Highlights

Is the UK once again the ‘sick man’ of Europe?

Return of high inflation and slow growth draws comparisons with the 1970s — but economists say this time it is different

Flight risk? London listings are the most vulnerable to New York’s allure

The Big Read. The crackdown on risky chemicals that could derail the chip industry

FT Alphaville. Meet the pizza-loving diplomat behind Antigua News’s big Credit Suisse scoop

Interview. Reeves embraces ‘Bidenomics’ as blueprint for a Labour government

Doom-mongers are wrong to underestimate the European economy

Global investment banks’ profits drop in China

Technology

FirstFT. FirstFT: AI is creating a ‘new computing era’

Plus, new corruption allegations in India and PwC suspends nine partners over Australia tax leak scandal

1 hour ago

WPP teams up with Nvidia to use generative AI in advertising

‘Genshin Impact’ maker aims for Tencent’s China gaming crown

Residential. How to choose between Apple HomeKit, Google Home and Amazon Alexa

Mike Lynch uses $50mn in Darktrace shares to secure US bail

Charts that Matter. AI boom drives gains for chip stocks

S Korea’s Naver to target foreign governments with latest ChatGPT-like AI model

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