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Business
Biden admin warns lenders there is ‘no special exemption’ for AI when denying credit
The Consumer Financial Protection Bureau this week warned that creditors cannot use artificial intelligence to be exempt from giving reasons for denying consumers credit —…
FirstFT: Russia avoids G7 sanctions on most of its oil exports
Receive free World updatesWe’ll send you a myFT Daily Digest email rounding up the latest Worldnews every morning.Good morning.A Financial Times analysis reveals that Russia has…
Axel Weber joins advisory board of Raisin as deposits soar to €50bn
Receive free Financial services updatesWe’ll send you a myFT Daily Digest email rounding up the latest Financial servicesnews every morning.Raisin has appointed former UBS chair…
Writers Guild of America reaches tentative agreement with Hollywood studios, suspends picketing
A tentative agreement has been reached between the Writers Guild of America and the Alliance of Motion Picture and Television Producers, the labor union announced Sunday…
Senior Nomura banker barred from leaving mainland China
Receive free Chinese business & finance updatesWe’ll send you a myFT Daily Digest email rounding up the latest Chinese business & financenews every morning.A senior Nomura…
Push by Bangladesh PM’s daughter for WHO role raises transparency concerns
Receive free World Health Organization updatesWe’ll send you a myFT Daily Digest email rounding up the latest World Health Organizationnews every morning.Bangladesh has put…
British Business Bank makes £135mn loss as tech valuations drop
Receive free British Business Bank Plc updatesWe’ll send you a myFT Daily Digest email rounding up the latest British Business Bank Plcnews every morning.The British Business Bank…
Investment in UK university spinouts falls after decade of growth
Receive free UK universities updatesWe’ll send you a myFT Daily Digest email rounding up the latest UK universitiesnews every morning.Investment in businesses spun out from UK…
Lego ditches oil-free brick in sustainability setback
Receive free Lego updatesWe’ll send you a myFT Daily Digest email rounding up the latest Legonews every morning.Lego has abandoned its highest-profile effort to ditch oil-based…
Victoria plc’s audit nightmare
FT Alphaville’s favourite Aim-quoted carpet roll-up, Victoria plc, appeared to publish a rosy set of audited annual results earlier this month.For those who are not familiar with…