Beijing launches drone buyback in crackdown after Citic Tower crash
Amnesty for banned aerial devices comes months after light aircraft struck Chinese capital’s tallest office tower
Financial Times — page 4
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Can AI’s leaders really put aside rivalry for the common good?
The deep schism between OpenAI and Anthropic has led to a race-like dynamic towards ever more powerful models
China’s spy agency warns of AI risk to national security
Beijing signals growing concern over how rapid advances in technology could be used against the country
Japan’s central bank set for pivotal moment on rates
Governor Kazuo Ueda is facing competing pressures from Tokyo and Washington
Global AI stocks slip on concerns over risks
OpenAI backer SoftBank falls as much as 13% after tech leaders call for slowdown of development
Automation is coming for the gig economy
A safety net for people who have fallen out of the formal labour market is being dismantled
Warsh and Trump on collision course as investors expect Fed to raise rates
Central bank chair under pressure to back warnings on inflation with action despite risking president’s ire
A ‘lucky’ chancellor must also be a resolute one
It is crucial to convince the lenders on whom the UK depends that it is being managed by grown-ups
European capitals barter over Christine Lagarde’s successor at ECB
Eurozone governments are negotiating a ‘grand package’ over three of the central bank’s most senior roles
Dubai’s $6bn island dream meets the reality of war
Ailing luxury developments on emirate’s man-made archipelago reflect strains on wider real estate sector
Anthropic tells investors it will be profitable for second straight quarter
Claude maker seeks to ease cash burn concerns before blockbuster IPO amid fears over pace of AI development
Michael Dell’s family office nears deal to take insurance broker private
DFO Management in advanced talks with Baldwin Group as historically fragmented industry undergoes wave of consolidation
Gulf states postpone talks with Iran over Hormuz impasse
Delay to crunch meeting because of lack of consensus sets back efforts to restore shipping through vital waterway
Trump scraps tariffs on Irish whiskey during visit to country
The surprise move came a day after the US president stirred controversy by calling for Irish reunification
Sweden’s left on course to retake power
Social Democrats poised for rare European victory in blow to far-right
Trump calls on Ukraine to stop striking Russian diesel refineries
US president says the attacks and not his war in Iran are responsible for the fuel hitting record highs
Le Pen vows to put French citizens first in campaign launch
Far-right candidate seeks to stamp her authority on her party after weeks of internal tensions
Donald Trump rejects calls from tech bosses for an AI slowdown
President denounces demands for regulation as existential fears over technology move to the centre of US politics
Iraq’s militias grow bolder in Iran war
Baghdad is seeking to reduce the power of Tehran-linked forces accused of striking a Saudi oil pipeline
The calculated desperation of Trump-a-palooza
Whatever happens in midterm elections, the president wants the world to know that he is the only person who matters in the Republican Party