Business Innovation
Fintech giant Wise plans to shift main listing to New York as London sheds innovative companies
Wise, the London-based fintech unicorn, is moving its primary listing to New York, adding to the flight of public companies from the British market in recent years. The company, founded by two Estonians, debuted on the London Stock Exchange in...
Business Innovation
Former Google CEO Eric Schmidt’s AI Expo serves up visions of war, robotics, and LLMs for throngs of tech execs, defense officials, and fresh...
Drones buzz overhead, piercing the human hum in the crowded Walter E. Washington Convention Center. On the ground, tech executives, uniformed Army officers, policy wonks, and politicians compete for attention as swarms of people move throughout the vast space.There...
Business Innovation
Why e.l.f. Beauty’s CFO sees $1B Rhode acquisition as a strategic innovation move
Good morning. During uncertain times, research shows it’s more effective for companies to pursue emerging growth opportunities than to simply protect the status quo. For e.l.f. Beauty, that includes making bold moves to drive growth through M&A.The multinational beauty...
Business Innovation
JPMorgan launches ‘lean and mean’ geopolitics arm
Geopolitical risks are top of the pile for JPMorgan Chase CEO Jamie Dimon, and a new unit from America’s largest lender aims to help clients see beyond the headlines. Despite skepticism about what investment banks will add to research...
Business Innovation
The ‘Buy America’ strategy has stopped working in the tariff era. What investors should do next
For the past decade or so, it was easy for the average investor to pursue a winning strategy: Load up on low-cost ETFs that tracked the S&P 500 or another big basket of U.S. stocks, then sit back and...
Business Innovation
‘This is the mafia’ — How North Korea structures its IT workers like an organized crime syndicate
A detailed report on North Korea’s cyber-crime operations has revealed the inner workings and structure behind Kim Jong Un’s plan to evolve a highly lucrative scheme in which trained tech workers infiltrate American and European businesses. The North Korean...
Business Innovation
‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin
Bhutan, the small landlocked country wedged between India and China, is perhaps best known for “Gross National Happiness,” the alternate measure that the country claims gives a fuller understanding of economic development than GDP. But the country wants to be...
Business Innovation
An Apple exec’s testimony highlights Google’s innovator’s dilemma
Apple executive Eddy Cue rocked Alphabet shares earlier this week when, testifying during the U.S. antitrust case against Alphabet, he said that the volume of Google searches on Apple’s Safari web browser had declined for the first time in...
Business Innovation
OpenAI chief Sam Altman: ‘This is genius-level intelligence’
Sam Altman’s escape from the Silicon Valley pack is a sprawling farm at the end of a road that snakes through the vine-swept hills in Napa Valley. I spot the 40-year-old with slightly tousled hair in the open-plan kitchen...
Business Innovation
Robert Prevost becomes first American pope
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Cardinal Robert Francis Prevost has been elected as the new pope, breaking what was long believed be a strong taboo against...
Latest News
Australia mushroom trial: Lunch cook tells trial meal was ‘special’
An Australian woman accused of intentionally cooking a fatal mushroom lunch has told her trial she had wanted the...