President Trump, who promoted a hands-off approach to artificial intelligence and gave Silicon Valley free rein to roll out the technology, is considering the introduction of government oversight over new A.I. models, according to U.S. officials and people briefed on the deliberations. The administration is discussing an executive order to create an A.I. working group…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Chinese sovereign wealth fund is considering a sale of its stake in Heathrow airport partly over concerns about the rising cost of developing a third runway at the London hub. The Chinese Investment Corporation,…
LONDON — European stocks are expected to open higher on Tuesday as investors await Washington’s response to Iranian peace proposals and look ahead to earnings reports from several regional companies. The U.K.’s FTSE 100 index is seen opening a touch higher, with Germany’s DAX up 0.23%, France’s CAC 40 up 0.34% and Italy’s FTSE MIB 0.3%…
Mayor Zohran Mamdani is floating a plan to delay payments into New York City’s municipal pension funds — his latest effort to stave off service cuts and a property tax increase as he grapples with a multibillion-dollar budget gap. The plan, which the mayor’s team has presented to the administration of Gov. Kathy Hochul, could…
Hungary dropped its opposition to a $106 billion loan from the European Union to Ukraine on Wednesday, most likely clearing the way for the bloc to extend a needed lifeline to Kyiv as the war with Russia drags on. The loan — 90 billion euros — had been held up since February by Prime Minister…
President Trump said on Tuesday that the United States was considering offering financial support to the United Arab Emirates, an oil-rich ally that has been contending with economic fallout from the war in Iran. The war has damaged oil and gas infrastructure throughout the Middle East, dealing a blow to economies that rely on the…
Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Rachel Reeves could consider cutting the amount savers are allowed to withdraw in a lump sum from their pension pots as she seeks to…
Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Rachel Reeves is looking to raise more money by tightening the rules around inheritance tax in the autumn budget, it’s been reported. Amid growing…
Shorouk Express BAKU, Azerbaijan, June 29. Another Azerbaijani, Ayaz Safarov, who was detained as a suspect in Yekaterinburg, was brought to the courtroom, Trend reports. 13:30 (GMT+4) A court in Russia’s Yekaterinburg has sentenced Akif Safarov to 22 days of pretrial detention, Trend reports. He is listed as a suspect. 12:51 (GMT+4) Another defendant in…
Shorouk Express On The Ground newsletter: Get a weekly dispatch from our international correspondents Get a weekly dispatch from our international correspondents Get a weekly international news dispatch Sir Keir Starmer has chaired a meeting of the emergency ‘Cobra’ committee as the UK weighs up whether or not to support the US if Donald Trump…
