Brazil’s UN climate summit chief defends Petrobras oil expansion

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brazil’s UN climate summit chief has defended oil and gas production as being compatible with international efforts to limit global warming, ahead of the South American country hosting the world’s most important climate talks. President … Read more

Hitachi Energy warns AI power spikes threaten to destabilise global supply

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Big Tech’s spiking electricity use as it trains artificial intelligence must be reined in by governments in order to maintain stable supplies, the head of the world’s largest transformer maker has warned. Andreas Schierenbeck, chief … Read more

Valve conquered PC gaming. What comes next?

Here at FT Alphaville we love exploring “black hole” companies: those ultra-private businesses that must largely be observed by the influence they exert on others. But even within that category, there aren’t many places quite like Valve Corporation, with its bizarre corporate structure, revenue-per-head figures that would make Silicon Valley or Wall Street giants hot … Read more

Bad data leads to bad policy

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is chair of the UN Statistical Commission When the UN created a Statistical Commission in 1946, the world was still recovering from the devastation of the second world war. Then, there was broad … Read more

Deadly ‘early summer’ heatwave moves across Europe as climate scientists ring alarm bells

A scorching heatwave across parts of Europe this week has been linked to half a dozen deaths, fuelled wildfires in Greece and Turkey and piled pressure on the continent’s already stressed waterways. More than 1,500 people were evacuated as fire fighters battled to control fires on the Greek island of Crete on Thursday, while two … Read more

the UK weighs up its data assets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government wants to sell anonymised public data. That makes sense. There’s lots of it and more is accumulating every minute. Totting up industry revenue, the European Commission projects that UK data companies will … Read more

Glovo pauses ‘heat bonuses’ for Italian food delivery workers after backlash

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Food delivery company Glovo has caused outrage in Italy by offering gig workers bonuses for working in a blistering heatwave, forcing it to “temporarily deactivate” the scheme. In a message to their riders in Italy … Read more

Cutting-edge pressure and BYD leads Tesla

Hi everyone! This is Cheng Ting-Fang, your techAsia host, saying hello from Taipei! I just returned from a short trip to Hong Kong, where I attended a gala dinner and awards ceremony. I am excited to share some wonderful news with you: Nikkei Asia won the top prize in technology reporting from the Society of … Read more