London Metal Exchange plans to introduce green metals premium

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The London Metal Exchange is drawing up plans for a so-called “green premium” on metals that are mined sustainably, following industry pressure to distinguish them from “dirty” supplies with a larger environmental impact. The exchange, … Read more

Fully autonomous strike drones within technological reach, says German start-up

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The era of fully automated strike drones are within technological reach, according to German drone start-up Stark, as the race to develop weapons capable of selecting and striking targets independently heats up. The war in … Read more

Tech firms pivot to defence in neutral Ireland as EU re-arms

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s rush to beef up defence capabilities has opened a lucrative market in security technology for Ireland, a country that prides itself on having been neutral for decades. Irish scale-up companies in radar, artificial intelligence … Read more

Why Trump can’t dislodge Apple from China

Shifting production to the US would therefore require years if not decades of coordinated investment in automation, tools, infrastructure and training. Incentivising foreign component manufacturers to build facilities in the US would also be a challenge. “If you’re a Chinese supplier making a certain kind of component that can also be used in a Huawei … Read more

China and South Korea extend battery battle from EVs to grid storage

A global surge in renewable energy and data centre demand is powering a boom in using batteries for storage on electricity grids, creating a new front in the battle between Chinese and South Korean companies that have dominated cell production for electric vehicles. Fuelled by surging demand within China itself, Chinese batteries account for nearly … Read more

Musk needs to become a more normal CEO

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Has dabbling in politics ever proved so costly? Between its peak last December and its dismal first-quarter sales and earnings report last week, Tesla lost roughly $800bn in market value. That knocked a cool $100bn … Read more

Saudi businesses turn to solar power as kingdom cuts energy subsidies

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia’s big businesses are embracing solar power as they seek to save on energy costs after the government eliminated electricity subsidies in the world’s largest oil exporter. Encouraged by decreasing photovoltaic panel costs and … Read more