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    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
    opinion content. Letter from the editor on generative AI and the FT
    Roula Khalaf
    Spanish politics
    ‘All or nothing’: Spain’s Pedro Sánchez gambles on snap election
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    Leo Lewis
    opinion content. Outlook. America’s horse deaths bode ill for the sport of kings
    Patti Waldmeir

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    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

    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

    Batteries
    The billionaire whose electrode empire powers China’s EV dominance

    Bai Houshan and his company Ronbay have ambitious expansion plans for key battery component

    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

    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
    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

    War in Ukraine
    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

    1. opinion content. How to buy a global $20bn company for nothing
    2. ‘Confidence is a big problem’: China’s economic recovery loses steam
    3. Spain’s PM Sánchez calls snap election after regional defeats
    4. Nvidia chief Huang says AI is creating a ‘new computing era’
    5. Republican leaders try to quell debt deal revolt as US counts down to default
    US retail
    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

    US equities
    opinion content. 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
    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

    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

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    Travel
    The treasures of Mallorca’s Tramuntana mountains
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    Review. Succession finale — one last twist of the knife
    Deserved Palme d’Or for Anatomy of a Fall at Cannes Film Festival
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    HTSI. The best summer road cycling gear
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    Interview. Artist Sarah Sze: ‘My goal is to create something you’ve never seen before’

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    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
    opinion content. Doom-mongers are wrong to underestimate the European economy
    Martin Sandbu
    Global investment banks’ profits drop in China

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    Markets News

    UK regulator probes sustainable loans market

    FCA interviews bankers and borrowers about transparency of loan targets

    markets content. Markets Briefing. US stocks hit 9-month high on solid data and debt ceiling hopes
    Market jitters push Turkish lira to fresh low ahead of presidential vote
    Yield-hungry investors push US money market assets to record $5.4tn
    Norway’s oil fund sides with climate activists against Exxon and Chevron
    Private equity investment trust discounts widen
    markets content. Markets Briefing. Wall Street stocks led higher by Nvidia’s blowout results

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    Technology

    Edtech groups insist AI is friend not foe despite warnings

    Groups including Chegg and Duolingo say new tech presents opportunities as they fight to compete

    new
    German start-up wins initial funding for revolutionary fusion energy machine
    new
    FirstFT. FirstFT: AI is creating a ‘new computing era’
    opinion content. De-risking trade with China is a risky business
    Gideon Rachman
    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

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