Oil traders give peace a chance (but should they?)
Plus Chris Waller, inflation hawk
Brussels to unveil new Big Tech rules despite vow to slash red tape
Also in this newsletter: US steps up pressure on EU support for Airbus
One weird trick AI labs could use to save the world
An antitrust loophole you can trust?
FirstFT: Anthropic bankers prepare to increase IPO valuation to $1.5tn
Also in today’s newsletter: Nvidia spy scandal and Franco-German nuclear defence
Long-term Growth Champions: Europe
The strength and stability of Europe’s long-standing businesses look set to power a bright future, including in innovative technologies, but the continent also faces challenges as it wrestles with competition and rising costs
Europe’s struggle to compete with China ramps up
Some companies are thriving, but many are protesting against ‘dumping’
‘Treasure trove’ of manufacturing data to power German AI
Mittelstand companies’ years of accumulated experience could provide them with an edge
The barriers to creating a European SpaceX
The continent’s ambition has yet to be matched by its capital markets
Live long and prosper, UK family business style
The owners tend to be thinking 25-30 years ahead, they avoid the stock market, have low debt and often own their business property and land
Europe’s tech ambition risks greater reliance on the US
US companies dominate critical distribution channels such as operating systems, browsers and search engines
Europe’s infrastructure dreams start to come true
The projects are expected to boost mobility and competitiveness but are facing rising costs, which are contributing to significant delays
Nordics’ stability is attracting growing attention
Investors are attracted by the region’s resilient supply chains, trusted institutions and predictability, but its proximity to Russia cannot be ignored
The Story of Money with Gillian Tett and Robin Wigglesworth
They say money makes the world go round, but was it always this way? Join Gillian Tett and Robin Wigglesworth on The Story of Money as they revisit the pivotal moments when money shaped history.
Transcript: A look at the alleged spy who had an affair with Nvidia’s CEO
Marc Filippino speaks to Eleanor Olcott, George Hammond and Myles McCormick
Ken Griffin’s Miami metamorphosis
The hedge fund tycoon has doled out more than $5.3bn across the Florida city
Rage at 2008 financial crash inspired Booker-winning alien satire
M John Harrison is the oldest person, and the first science fiction writer, to win the prestigious literary prize
Transcript: A forgotten wallet and the surprising origin story of the credit card
Robin Wigglesworth and Gillian Tett talk about why we pay with plastic
Ukraine’s freedom must be defended
Elections show the importance of victory in the conflict between despotism and democracy
The M&S glow-up is starting to charm investors
The retailer’s shares have climbed almost two-fifths this year — a sign that its recovery might be durable
The rich find ways to escape climate change. Their emissions have not.
Growing body of research shows the contribution to greenhouse gases between wealthy and poor varies greatly even within nations
Recipe: Jeremy Lee’s braised shin of beef — a winter warmer worth lingering over
The Quo Vadis chef swaps veal for beef shin in this deeply comforting take on osso buco
Andy Burnham heads to COP as critics question his climate credentials
Policy experts and campaigners say PM often pays lip service to green issues but rarely makes them a political priority
How Singapore became a linchpin of China’s AI chip trade
A suspected Chinese spy and Singaporean chip deal reveal the Asian networks testing Washington’s grip on AI technology
Italy’s penchant for bank meddling bites back
Coveted takeover target Banco BPM may end up under French control