Economy

China’s latest AI model claims to be even cheaper to use than DeepSeek

The 2025 World Artificial Intelligence Conference commenced in Shanghai, showcasing the latest advancements in AI technology. Chinese companies are at the forefront of developing smarter and more cost-effective AI models,

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Lasted Economy

UnitedHealth chief Andrew Witty steps down after share plunge

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Why I love Imperfect Competition

In a recent statement, Donald Trump asserted that Americans are overly affluent and proposed that his tariffs would remedy this

SavvyMoney broadens fintech offerings with CreditSnap acquisition

SavvyMoney, a leading provider of credit score services, recently announced its acquisition of fintech firm CreditSnap in a move that

US inflation falls to 2.3% in April

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business, and

Adyen and JCB roll out card-on-file tokenisation service

Adyen and JCB have recently teamed up to introduce a card-on-file (COF) tokenisation service, aimed at enhancing payment security for

Foreigners snap up $57bn in Japan assets in ‘liberation day’ rush

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter.

Petrobras reports 48.6% profit increase and declares $2.1bn in dividends

Brazil's Petrobras Reports Strong Financial Performance in Q1 2025 Brazil's state-run oil producer Petrobras has announced a significant increase in

Tariff cuts can get China-made goods to the U.S. in time for Christmas

The recent U.S.-China tariff cuts have provided some relief for the Christmas season, a critical period for retailers. Last year,