Governments and policymakers commonly highlight the essential role of heat pumps in reducing the use of gas and other fossil fuels for keeping homes warm while meeting carbon reduction targets. Yet despite a range of subsidies and other incentives across Europe and beyond, adoption remains patchy and the installation of new units is stubbornly slow. … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The White House has said it will allow TikTok to continue operations in the US for another 90 days, extending a deadline for the popular Chinese-owned social media app to divest a stake … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Amazon has told its white collar employees that their jobs are at risk from artificial intelligence in the next few years, marking a rare explicit warning from a senior tech executive that AI will lead … Read more
On the night of June 15 an oil tanker near the Strait of Hormuz, the Liberian-flagged Front Eagle, transmitted several impossible positioning signals, repeatedly appearing to jump dozens of miles in an instant. Early the following morning, it collided with another tanker, which burst into flames. The cause of the crash remains unclear, but the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FT Alphaville doesn’t write extensively about the military, probably the only walk of life in which people abuse jargon and acronyms more than finance. Still, word reached us from military think-tank RUSI’s two-day Land Warfare … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A $35bn US semiconductor industry merger is being delayed by Beijing’s antitrust regulator, after Donald Trump tightened chip export controls against China in a move that exacerbated trade tensions between the world’s two largest economies. … Read more
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia has launched hundreds of drones as well as several ballistic and cruise missiles on four Ukrainian cities, killing at least 14 people in Kyiv in the latest indication that Moscow is intensifying its … Read more
When Donald Trump re-entered the White House, Elon Musk came with him as his ‘tech bro-in-chief’, tasked with rebooting the government machine. But five months on, Musk’s ambitious plan to cut $2tn from the annual government budget has failed, and his relationship with the president has ended in a bitter break-up. Could the world’s richest … Read more
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello and welcome to Energy Source, coming to you from Washington, where the chief executives of some of the … Read more
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Norway has launched the world’s largest full-scale operation of industrial carbon capture and storage, ploughing billions of dollars of subsidies into the venture to trap the emissions of highly polluting products such as cement. The … Read more