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The Latest Breaking News from the Financial Times

Labour reportedly rowing back on workers’ rights in another U-turn

LABOUR are reportedly rowing back on their commitment to strengthening workers’ rights in a bid to discredit Tory claims that the party is…

The National (Scotland)

Carlsberg's Russian beer empire faces nationalization, CEO fears

Cees ’t Hart, Carlsberg’s CEO, admits he was “shocked” at how the Danish brewer’s Russian operations were seized by authorities.

Fortune

A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies

Jim O’Neill coined the term BRIC when he worked at Goldman Sachs in 2001, and he’s blasting the idea of a BRICS currency. “It’s embarrassing almost.”

Fortune

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read the most diverse news in one place.

Fresh poll reveals Tories' favourite media outlets

TORY MPs believe GB News and the Daily Express are more trustworthy than the BBC, a fresh poll suggests.

The National (Scotland)

Google, Universal Music reportedly team up to let artists get paid for AI-generated songs

Fans will be able to make songs that sound like their favorite artists using AI, but only if they pay royalty fees, under a new agreement.

Android Central

Italy won't say who's paying for the care of a $700 million superyacht tied to Putin

The 460-foot superyacht is believed to belong to Russian President Vladimir Putin, but the registered owner is a Russian billionaire.

WEKU

Chinese EV Maker Nio Advances In Smartphone Venture, N2301 Obtains License

Nio, Tesla Rival, Clears Regulatory Hurdle for Smartphone Production

Zenger

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Dreaming Whilst Black review: wry comedy about a struggling filmmaker

“Dreaming Whilst Black”, a new BBC comedy “about a man who quits his corporate career to try to cut it as a filmmaker”, is itself the product of creator and star Adjani Salmon’s decision to leave a steady job to pursue his dream, said Dan Einav in the Financial Times.…

The Week

Birkenstock's IPO could make it Wall Street's new darling

Birkenstock had a further boost this year thanks to blockbuster movie "Barbie," with actor Margot Robbie wearing a pair of the shoes in one scene.

Fortune

What the new Consumer Duty rules mean for your finances

New regulations coming into force at the end of July should signal good news for customers of banks and other financial services firms.

The Week

GlobalFoundries: European Chip Subsidies May Damage Ability to Compete

GlobalFoundries, a specialist semiconductor foundry company, has come forward with warnings about how Europe's planned chip subsidies might impact the highly-competitive semiconductor manufacturing landscape.

Tom’s Hardware

Russia moves to ban iPhones for government officials over US spying fears

Apple has denied working with US intelligence services

The Independent UK

Australia tasks new governor with slowing inflation, as NZ food prices soar

As markets overseas celebrate a 'Goldilocks scenario', New Zealand consumers price index data this week is set to reveal an inflation headache. Andrew Patterson reports.

Newsroom.co.nz

Editorial: Was it ‘Bidenomics’ that brought down inflation?

In a major economic policy speech in the lobby of Chicago’s old main post office in June, President Joe Biden enthusiastically branded his economic growth strategy as “Bidenomics,” a term that was basically created by The Wall Street Journal and the Financial Times but, like “Obamacare,” has been embraced by…

Chicago Tribune

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The Week

Is Turkey turning back towards the West?

Turkey surprised observers this week when it reversed course and approved Sweden’s bid to join Nato.

Fortune

HBS withdraws papers from its dishonesty expert after she was found to be dishonest

Researchers allege that Harvard Business School professor Francesca Gino manipulated data in four of her studies, including one on dishonesty.

Digital Camera World

Apple Vision Pro production only 10% of predictions – is it giving up on 3D camera already?

The Financial Times reports that Apple's Vision Pro mixed-reality glasses are facing serious setbacks in production

Zenger

Toyota Announces EV Battery Breakthrough

Toyota has made a technological advance that might reduce the weight, size, and price of batteries by half.

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news in one place.

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The Guardian - AU

Russia-Ukraine war: at least 19 injured in drone attack; US ambassador meets with jailed reporter Evan Gershkovich in Moscow – as it happened

Child among people injured in attack in Sumy; Lynne Tracy visits Wall Street Journal reporter in prison after court upholds FSB request to extend his detention

iMore

Apple's Vision Pro headset crippled by manufacturing issues — shipping slashed

Vision Pro is coming 'early next year' – but Apple seems to be suffering from supply chain and manufacturing issues with the headset.

The Week

A boat trip around Sweden’s Bohuslän islands

For the 100 miles or so from Gothenburg to the Norwegian border, Sweden’s west coast splinters into more than 8,000 islands and “skerries” of grey and pink granite. This is the Bohuslän archipelago, says Stanley Stewart in the Financial Times – remote, barren and “stunningly beautiful”.

Fortune

Linda Yaccarino wants Twitter staff ready for ‘hand-to-hand combat’

Yaccarino has set the dice flying in her bid to turn around Twitter—and it's going to take some hard graft by her sales team.

Fortune

Meta splurged $2.3M on Zuckerberg’s private jets last year—the most among the S&P 500

But Meta spent even more on one of its other executives.

Motor1

Nissan Investigating Claims That CEO Kept COO Under Surveillance: Report

A letter to the Financial Times revealed COO Ashwani Gupta was under surveillance for questioning the revised Renault agreement.

The Guardian - UK

Government scheme to send asylum seekers to Rwanda will cost £169,000 per person, Home Office says – as it happened

Home secretary says benefits of deterring irregular immigration should also be considered, as economic impact assessment published

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