Nokia chief considers expanding US manufacturing to mitigate tariffs

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nokia’s new chief executive has said he would “absolutely entertain” increasing the Finnish telecoms company’s US manufacturing to mitigate the impact of Donald Trump’s tariffs, as the company reported worse than expected first-quarter results on … Read more

Mexico’s fintech stars start to shine at last

Gerry Giacomán Colyer worked in a start-up, management consultancy and a family business before he noticed one consistency: controlling company spending was tough. He and his business partner Diego Iván García saw staff deal with reams of paperwork, spend hours filling in expenses claims and struggle with various IT systems. No process existed that was … Read more

Tech, healthcare and energy drive corporate growth

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Technology, healthcare, energy and financial services have been the main drivers of corporate growth in the Americas, according to a list covering a three-year period that included the Covid-19 pandemic, lockdowns and the end of … Read more

Argentine tech unicorn prepares to withstand stock market rout

The 2025 stock market has not been kind to Globant. The share price of the Argentine software development group, whose clients include Walt Disney, Santander and Nissan, has more than halved since February. The drop followed the company’s report of slowing growth, which unsettled investors already nervous about tech stocks. The decline then steepened as … Read more

Baidu founder highlights ‘shrinking’ demand for DeepSeek’s text-based AI

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Baidu’s founder has said demand for the type of text-based models developed by generative AI sensation DeepSeek is “shrinking”, as his search group seeks to reestablish itself as an artificial intelligence leader in China.  In … Read more

China isn’t trying to win the AI race

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is professor of law at the Gould School of Law, University of Southern California, and author of ‘High Wire: How China Regulates Big Tech and Governs Its Economy’ Last week, the US further … Read more