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Business
Costco members in higher-priced tier to get new perk
Some Costco members may be setting their alarm clocks early as they will be allowed in stores before others. On Wednesday, the wholesaler announced that executive members…
UN atomic watchdog rebukes Iran over nuclear breaches
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UN atomic watchdog’s board has for the first time in…
Backlash against Target pulling back DEI was driven partly by fake social media accounts: study
The online backlash inflicted against Target after the chain pulled back from their controversial Diversity, Equity and Inclusion (DEI) policies was largely driven by…
Chinese carmaker Xpeng develops advanced chips for VW cars
Stay informed with free updatesSimply sign up to the Electric vehiclesmyFT Digest -- delivered directly to your inbox.Chinese carmaker Xpeng says it has developed chips for…
Air India flight to London crashes in Ahmedabad
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An Air India flight to London Gatwick has crashed in…
FirstFT: Chinese rare earth licence rules raise concerns about IP theft
Today’s agenda: Oil prices rise; Fulbright board resigns in protest; US reviews Aukus; Russia’s knock-off brands; and silver and platinum prices surgeGood morning. We have an…
BYD brings EV price wars to small cars in Europe
Stay informed with free updatesSimply sign up to the Electric vehiclesmyFT Digest -- delivered directly to your inbox.BYD has launched its cheapest and smallest electric vehicle…
Why Italy will struggle to meet Nato’s higher defence spending target
Good morning. News to start: The EU plans to target two Chinese banks for facilitating illegal trade with Russia under its new Moscow sanctions, officials told us, in what would be…
No new money to help cut UK business’s energy costs in spending review
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ministers failed to agree a plan to cut Britain’s high…
Major Hollywood studios sue AI company over copyright infringement in landmark move
Two major Hollywood studios are suing Midjourney, a popular AI image generator, over its use and distribution of intellectual property. Disney and NBCUniversal (NBCU) have…