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Artificial intelligence
Hippocratic hits $500mn valuation as tech investors seek new bets in AI
...Olive AI, a US start-up that was valued at $4bn on a promise to shake up healthcare using AI, also announced it would wind down in 2023....
March 18, 2024
Fund management
Somerset Capital Management to wind down after client losses
...The three had previously worked together at Lloyd George Management, an emerging markets fund manager. Of the three co-founders, only Robertson remains at the firm....
December 7, 2023
FT Live
Investing in Piauí – Brazil
Exploring business opportunities and delivering sustainable growth
Friday, 17 May22 Vanderbilt, Madison Avenue, New York, NY, USA
FT live news
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Federal Reserve
Bullish Jay Powell sticks to Fed’s rate-cutting script
Strong US economic growth will not halt central bank’s plan to reduce borrowing costs this year
March 21, 2024
FT readers respond
FT readers respond: UK ‘pothole crisis’
...In the lead-up to the 1992 US presidential race between Bill Clinton and George H.W. Bush, strategist James Carville famously quipped “It’s the economy, stupid.”...
April 24, 2024
Transcript
Transcript: A new day dawns for the yen
...Sonja Hutson George Steer is a markets reporter for the FT. Thanks, George. George Steer Thank you....
March 28, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
US interest rates
Powell says US inflation ‘taking longer than expected’ to hit target
...Additional reporting by George Steer in New York and Martin Arnold in Frankfurt...
April 17, 2024
Letter
Letter: How US avoids complicity in the Gaza catastrophe
...So there was a time when the US understood that it could exert influence on Israel and in one instance — in the George H Bush presidency — actually succeeded in doing so....
March 13, 2024
ReviewMusic
Five stars for the Vienna Philharmonic at Carnegie Hall, New York — review
...Hindemith’s Konzertmusik für Blasorchester showed off how fine the VPO’s winds and brass are this century, with agility and smokey hues....
March 5, 2024
Pilita Clark
Wall Street is letting Orwellian doublethink kill climate action
...Their victories show how easy it is to manipulate language, deny basic facts and deploy the process of “doublethink” that George Orwell warned of more than 70 years ago....
March 20, 2024
Letter
Letter: Biden won’t step down so his earlier self must prevail
...The Biden who, as senator in 1992, mocked George H Bush for trying to persuade “the American people they don’t have an economic problem”....
March 18, 2024
Transcript
Transcript: Prime ministers’ legacies — Sunak, Truss and Brown
...And, you know, her former supporters think she’s sailing perilously close to the wind and sort of endorsing this Republican Trumpian, I don’t know, sort of . . ....
April 19, 2024
News updates from January 9: False SEC post swings bitcoin price, Eurozone unemployment falls to record low
Carta shuts down part of platform after claims of selling shares without consent
...Carta will wind down a private share trading platform that investors in the company — which include venture capital firm Andreessen Horowitz and private equity group Silver Lake — had once hoped would be...
January 9, 2024
Transcript
Transcript: Labour’s worst nightmare?
...I went to the fish market, went to see offshore wind farms in the distant Humber estuary, talked to an awful lot of people, went out for a few pints with Charlie Bibby, our photographer, chatted to an awful...
March 1, 2024
News in-depthLabour Party UK
Labour’s political credibility questioned after green spending U-turn
...She said wind, solar, tidal and nuclear would provide most electricity generation in 2030, with carbon capture and storage — a nascent technology — capturing emissions from remaining gas-fired power stations...
February 9, 2024
FT Live
Energy Transition Summit
Delivering a stable and efficient clean energy system
Tuesday, 22 OctoberLondon, UK & Online
News updates from November 1: Fed holds interest rates, CVC postpones European IPO plan
European stocks close higher ahead of Fed decision
...Wind turbine manufacturer Ørsted was the worst performing stock, down 25 per cent. Germany’s Dax gained 0.7 per cent, as did France’s CAC 40. London’s FTSE 100 gained 0.2 per cent....
November 1, 2023
Renewable energy
Renewable energy stocks hit hard by higher interest rates
...Swedish wind turbine developer Vattenfall in July said its costs had climbed 40 per cent, while Korean manufacturer CS Wind is down 28 per cent since the start of August....
October 2, 2023
UK infrastructure
Hunt to offer residents near new power projects money off their bills
...The slow pace at which new wind and solar farms are able to connect to the electricity network has emerged as a big problem in Britain in recent years....
November 19, 2023
FT Magazine
Keir Starmer and big business, a love story
...Vince was still living in an old army truck when he first decided to try his hand as a green entrepreneur, starting out with a single wind turbine on a hill in Gloucestershire....
February 15, 2024
News updates from October 26: US GDP rises 4.9%, Ford strikes deal with auto union
European stocks close lower as Siemens Energy shares shed 34%
...The region-wide Stoxx Europe 600 lost 0.5 per cent, dragged lower by a 34 per cent decline for troubled wind turbine group Siemens Energy....
October 26, 2023
The Big Read
Can OpenAI create superintelligence before it runs out of cash?
...“They have a typical start-up identity crisis happening: on one hand they could build a profitable business, wind down their R&D costs and make improvements to their product....
February 15, 2024
Non-Fiction
‘Thrillingly told’ account of Canadian wildfire scoops Baillie Gifford prize
...B, a biography of choreographer George Balanchine. Each wins £5,000....
November 16, 2023
Rare earths
The rare earths mine becoming a bellwether for US minerals policy
...“Your green energy, wind turbines, electric cars, drones and handheld cell phones all have rare earth elements in them,” said George Bennett, chief executive....
April 21, 2024
UK energy
UK streamlines planning for £20bn plan to bring power from Morocco
...“The sun shines every day there and the wind blows every evening,” he added....
September 29, 2023
Rachel Reeves
New book from UK shadow chancellor Rachel Reeves lifts from Wikipedia
...In one case an entire paragraph, about the relationship between the writer H.G. Wells and the economist Beatrice Webb, is very similar to one written in Webb’s Wikipedia page....
October 26, 2023

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