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Business
CEO backs Gov. Newsom’s ‘unusual’ executive order to study AI’s risk and uses: ‘This is…
In California's latest push to regulate artificial intelligence, Gov. Gavin Newsom has signed an executive order to study the uses and risks of the technology. One expert in…
Offshore wind auction’s lack of bids must be ‘wake-up call’ for UK, says RWE chief
Receive free RWE AG updatesWe’ll send you a myFT Daily Digest email rounding up the latest RWE AGnews every morning.The UK’s failure to attract offshore wind developers in its…
Chinese shadow bank exposed to troubled property developers
Receive free Chinese business & finance updatesWe’ll send you a myFT Daily Digest email rounding up the latest Chinese business & financenews every morning.The Chinese…
Can European football clubs ever be profitable?
On Tuesday night, AC Milan will host Newcastle United for the opening Champions League game of what many pundits have badged this year’s group of death.The tie pits an Italian side…
UK homes: data shows supply squeeze will worsen
Receive free Lex updatesWe’ll send you a myFT Daily Digest email rounding up the latest Lexnews every morning.The English obsess over house prices. Residents in densely populated…
Smaller boats help Rhine shipowners overcome mounting problem of drought
The 85-year-old ship that Stephen Mnich and his eight siblings grew up on is considered small by today’s standards.Yet for the hundreds of family-run businesses that annually ferry…
Mexican leader angers airlines as military leads aviation overhaul
On a sunny Friday morning this month, the outdoor plaza at Mexico City’s new Felipe Ángeles airport was so quiet you could hear insects chirping, interrupted suddenly by the roar…
Millennials feel they missed ‘golden opportunity’ to buy a home
A growing portion of millennials believe they have missed the boat on homeownership. Today's housing market is posing significant issues for any buyer and seller as interest…
Sen. Bernie Sanders torches automaker CEOs at UAW strike rally: ‘Time to end your greed’
Senator Bernie Sanders addressed striking United Auto Workers (UAW) employees in Detroit, Michigan on Friday, calling out automakers CEOs to "end their greed." The far-left…
Fed unlikely to raise interest rates in November due to ‘better news on inflation,’ Goldman Sachs predicts
The Federal Reserve likely won’t raise interest rates at its annual meeting at the end of next month, strategists with Goldman Sachs predicted Saturday, citing "better news on…