In a corner of the American rustbelt, factory workers at GE’s former power business are betting a revival driven by the AI revolution will survive the global trade war and supply chain havoc unleashed by Donald Trump. GE Vernova, formed a year ago after the conglomerate’s break-up, is investing nearly $600mn to expand its former … Read more
CNN plans to roll out a “suite” of digital subscription services as part of a wide-ranging overhaul aimed at arresting the decline of a traditional television business facing new pressure as Donald Trump’s administration takes aim at media outlets it perceives as unfriendly. Mark Thompson, who was appointed chief executive 18 months ago to turn … Read more
Hilary Farey is many things: a retired GP, a mother of three, a grandma, a practising Roman Catholic. Now another possible descriptor looms: convict. The 64-year-old, who lives in Bristol, is due to appear in court next year after being arrested while taking part in a Just Stop Oil climate protest on London’s Waterloo Bridge … Read more
Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Ecommerce giants Alibaba, JD.com and Pinduoduo are leading Chinese internet groups in launching multibillion-dollar initiatives to help traditional exporters switch to domestic sales, as part of a national campaign to cushion the country’s … Read more
One ice-clenched night in 1941, prisoners of Stalag VIII-A, a Nazi labour camp in Silesia, gathered in an unheated washroom to listen to a music performance. It was an unusual event, and not only because of the venue. Written by French composer Olivier Messiaen, the quartet was scored for piano, clarinet, violin and cello, an … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Stargate, the $500bn US data centre project spearheaded by OpenAI and SoftBank, is weighing a future investment in the UK, as it looks overseas to build out the global infrastructure needed to underpin powerful artificial … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The UK government is pushing for a domestic buyer to take over the deep-sea mining exploration licences it sponsors in the Pacific Ocean, as it seeks to get ahead in the global race … Read more
