BUSINES

Apple aims to source all US iPhones from India in pivot away from China

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spotify will raise its subscription prices in dozens of countries around the world this summer, according to people familiar with the matter, as the music streaming leader prioritises profitability amid a soaring stock price. Ga6789 … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The London Metal Exchange is drawing up plans for a so-called “green premium” on metals that are mined sustainably, following industry pressure to distinguish them from “dirty” supplies with a larger environmental impact. The exchange, … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The era of fully automated strike drones are within technological reach, according to German drone start-up Stark, as the race to develop weapons capable of selecting and striking targets independently heats up. The war in … Read more

Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Music creation start-up Splice has agreed to acquire the orchestral sound studio Spitfire Audio for about $50mn, as the Goldman Sachs backed company looks to buy up audio samples and technology to build songs using artificial … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s rush to beef up defence capabilities has opened a lucrative market in security technology for Ireland, a country that prides itself on having been neutral for decades. Irish scale-up companies in radar, artificial intelligence … Read more

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. News to start: Viktor Orbán has allegedly pumped more than €1bn in … Read more

Shifting production to the US would therefore require years if not decades of coordinated investment in automation, tools, infrastructure and training. Incentivising foreign component manufacturers to build facilities in the US would also be a challenge. “If you’re a Chinese supplier making a certain kind of component that can also be used in a Huawei … Read more

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. China has rapidly scaled up sales of solar panels, batteries and other green energy technologies to emerging markets well ahead of the US tariff fight, latest data shows, with expectations it will surge further in … Read more

A global surge in renewable energy and data centre demand is powering a boom in using batteries for storage on electricity grids, creating a new front in the battle between Chinese and South Korean companies that have dominated cell production for electric vehicles. Fuelled by surging demand within China itself, Chinese batteries account for nearly … Read more