Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google has agreed to purchase power from a planned fusion power plant in the 2030s in only the second electricity offtake deal to be signed in the nascent fusion energy sector. The technology group has … Read more
Scientists said “heat domes” and related atmospheric events behind extreme weather around the world had almost tripled in strength and duration since the 1950s, as tens of millions of people sweltered in “dangerous heat” in parts of the US and Europe. Countries including Greece, Spain and France faced unusual June heatwaves due to a heat … Read more
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Mondelez is lobbying for the implementation of the EU’s deforestation law to be delayed again as US chocolate makers dial back their support for the landmark regulation amid political pressure and unusually high cocoa prices. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bumble chief executive Whitney Wolfe Herd has criticised staff for “freaking out” after announcing the company would eliminate more than 160 roles in London, warning drastic cost-cutting measures were needed as “dating apps are feeling … Read more
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
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
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
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When design software company Figma revealed its plans for a stock market listing this week, it felt like a throwback to an earlier era in the tech financing markets. Chief executive Dylan Field listed the … Read more
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