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InterviewUS financial regulation
US consumer finance watchdog raises alarm over credit card megadeals
...It has argued that the tie-up would produce a stronger competitor among card networks. Discover’s is the smallest after Visa, Mastercard and American Express....
April 24, 2024
Accounting & Consulting services
Deloitte and KPMG ask staff to use burner phones for Hong Kong trips
...Its de facto central bank, the Hong Kong Monetary Authority, this month hosted a finance conference attended by 300 senior financiers from global companies, including Goldman Sachs’s David Solomon and Morgan...
November 27, 2023
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Global Economy
Europe faces ‘competitiveness crisis’ as US widens productivity gap
...But a big part of the output gap is because people in the US also produce more for each hour that they work....
March 9, 2024
Energy sector
Commodity traders bet on big data and AI
...The ability to process large volumes of data is particularly important in the fast-growing area of power trading, where the regulated nature of electricity markets produces large amounts of information....
April 21, 2024
Special ReportSustainable Food and Agriculture
The fight against food deserts in the US south
...The group runs a mobile market to distribute its produce....
January 25, 2024
The Big Read
How Google lost ground in the AI race
...by users have been symptomatic of the Silicon Valley giant’s fumbled efforts over the past year to seize the lead in the use of generative AI — a technology that, by general agreement, Google played a central...
April 5, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Deloitte Touche Tohmatsu LLC
Deloitte rolls out AI chatbot to employees
...However, in a sign that the fledgling technology remains a work in progress, staff were cautioned that the new tool may produce inaccurate information about people, places and facts....
January 8, 2024
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...Water is used in most forms of fuel and power generation, for example, to pump for oil and gas or to produce steam in thermal power stations....
February 25, 2024
Disrupted Times
Brussels blasts Big Tech
...Polish central bank chief Adam Glapiński told the FT he was seeking a truce with Prime Minister Donald Tusk after an increasingly bitter feud....
March 25, 2024
Hedge funds
Millennium backs biggest planned hedge fund launch in more than a year
...Millennium’s investment and the fact that Taula is seeking to launch with up to $5bn of capital were previously reported by industry information service With Intelligence....
January 10, 2024
News in-depthElectric vehicles
Ola Electric heads for two-wheeler IPO in India’s first EV listing
...“We have again been very open about the fact that our service network is lagging our sales,” he said, but “we are expanding our service network very fast”....
January 17, 2024
Artificial intelligence
Cloud giants offer only limited protection to businesses over AI copyright claims
...artificial intelligence tools to their business customers are offering only limited protections against potential copyright lawsuits over the technology.Amazon, Microsoft and Google are competing to offer new services...
January 8, 2024
The Big Read
How AI is transforming the business of advertising
...These ads are fast and cheap to produce at massive scale with the fine-tuned customer targeting optimised by the vast troves of data now collected on individuals....
February 11, 2024
LexGoogle LLC
Google/Epic: game designer unlikely to win battle over app fees Premium content
...Both companies are keen not to specify what sort of revenue and profit these fees produce....
November 8, 2023
News in-depthUS economy
How credit card debt has become a burden for Americans — and Joe Biden
...The central bank, which meets on Wednesday, is not expected to begin cutting rates until this summer....
March 20, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Private equity
General Atlantic in talks to buy UK infrastructure investor Actis
...offices in cities ranging from Mexico to Seoul, it has also made big bets on companies including Middle East and Africa focused solar business Yellow Door Energy and Rezolv, which manages wind projects in central...
December 20, 2023
Big Tech
Big Tech boosts profits by $10bn with accounting change to server life estimate
...At the same time companies are anticipating supply chain issues because of a shortage of semiconductors — the chips crucial to central processing units that power servers and computers....
February 5, 2024
News in-depthWar in Ukraine
The decoy weapons leading Russian forces astray in Ukraine
...A lifelike Ukrainian D20 howitzer takes four days to produce, while an American M777 howitzer takes 14 days, a worker says....
September 22, 2023
Due Diligence
Can journalists beat Blackstone and Bridgewater? Premium content
...Wall Street on Ozempic The novel weight loss drug is fuelling wild market predictions, from snack makers pivoting to produce, to airlines saving on fuel because of lighter passengers, The Wall Street Journal...
November 2, 2023
McKinsey
US Republicans call for McKinsey to be banned from federal contracts
...McCaul was responding to an FT report that the Chinese government’s central planning agency had commissioned a McKinsey-led think-tank called the Urban China Initiative to produce research for Beijing’s...
February 24, 2024
Russia
How Ukraine war distracted Moscow from Isis-K threat
...The group aims to create a caliphate in Khorasan, a region extending across parts of the Indian subcontinent and central Asia....
March 24, 2024
The Week Ahead
Super Tuesday and UK Budget, Israel-Hamas war passes milestone
...Talking of economics, we have a lot of central bankers giving speeches this week, continuing 2024’s ongoing debate on when interest rates can fall....
March 3, 2024
Google LLC
Google loses antitrust lawsuit against Epic over its app store
...The central issue in the case was whether Google stopped rivals to its Play Store and payment services from gaining traction on Android devices....
December 12, 2023
Inside BusinessRichard Waters
The DoJ vs Google: complaint against search giant still faces a high bar
...During the trial’s first four weeks, the prosecution has been able to produce little evidence of overt bullying by Google to enforce its allegedly exclusionary plan....
October 5, 2023
Artificial intelligence
Forecasting inflation with AI
...She is known for her sense of duty and her commitment to public service. She is also a symbol of stability and continuity in a changing world....
September 11, 2023

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