2023-08-10
Financial Times Front Page 10th of August 2023
According to the Financial Times, China’s internet giants are rushing to purchase high-performance chips, fearing new US export controls.
According to the Financial Times, China’s internet giants are rushing to purchase high-performance chips, fearing new US export controls.
Google and Universal Music are in talks to license AI-generated melodies, a response to the rise of “deep fake” songs, the Financial Times reports.
The Financial Times notes that private equity firms are now offering deal sweeteners such as fee discounts to investors.
Companies in Europe have directly lost at least €100bn due to the Ukraine war, with energy firms most affected, according to the Financial Times.
FT Weekend discusses cuts in lending rates, raising hopes that mortgage levels may have peaked, despite the Bank of England’s recent interest rate hike to a 15-year high.
Interest rates hitting a 15-year high without signs of easing is the lead story in the Financial Times.
The Financial Times discusses how Donald Trump’s legal team is resisting US prosecutors’ request for a “speedy trial” over charges that he conspired to subvert the 2020 election.
Business leaders’ warnings have led to the abandonment of plans for a post-Brexit rival to the EU’s ‘CE’ quality mark, according to the Financial Times.
An increase in mortgage approvals and a five-year high in consumer credit growth is the focus of the Financial Times.
The Financial Times critiques the government’s decision to dilute carbon reforms, thus making it less expensive for industries to pollute within the UK than in the EU.