How China’s grip on electrification metals could affect inflation
Beijing’s supply-chain dominance poses major risks for the green transition
AI boom raises risks of monetary policy mistakes, warn BIS economists
Assessing strength and timing of technology’s effect on GDP and inflation a challenge for central banks
Powerful earthquake hits Japan’s southern Kumamoto prefecture
Buildings and bridges collapse and blast reported at shopping centre as chipmaker TSMC evacuates workers from plant
AI stock sell-off deepens as investors dump chipmakers
South Korea’s tech-heavy Kospi leads declines in Asia
‘A muscle that organisations need to build’: DJ DiDonna makes the case for sabbaticals
Evangelist for long breaks from work says time away makes companies more productive
Sorry, but Spanish olive oil is far superior to Italian
One grower makes a case
FirstFT: Tech stocks spiral lower
Also in today’s newsletter: AI’s rising risk gauge and the storms intensifying wildfires
Singapore warns of economic risks if global AI boom falters
Central bank in city-state says AI models and quantum computing pose cyber security threats
World’s largest listed hedge fund reverses outflows in key unit
Man Group reported $2.3bn of net inflows into its lucrative absolute return division
Zelenskyy returns to Oval Office as Trump shifts towards Ukraine
Kyiv hopes White House talks will turn improved relations with US into fresh backing against Russia
EY fined £1.2mn for breaching standards on Made.com audit
Regulator says Big Four firm relied on furniture retailer’s forecasts and did not carry out ‘adequate testing’
Barclays profits boosted by market volatility gains
Quarterly earnings rise 31% to £3.3bn but shares sell off as UK bank fails to match Wall Street peers
Education is not to blame for England’s Neet crisis
Andy Burnham’s schools overhaul risks throwing babies out with the bathwater, as changes will probably require cuts elsewhere
Unilever sales surge after World Cup marketing blitz
Influencer-led campaigns help maker of Dove and Sure deliver best quarter of volume growth for 16 years
Mercedes-Benz cuts annual forecast amid China slump
German carmaker joins Volkswagen and BMW in warning on tougher Chinese market
CXMT’s blockbuster IPO delivers windfall for its home city
Funds run by local government in Hefei make gains of 5,000% from chipmaker’s blockbuster listing
Tariffs and Treasury yields
Plus, re-equitisation
FTAV’s further reading
SWFs x HFs; witches; taxes; literacy; solar panels; George Cottrell; and longevity
EU keeps firefighting planes on standby as France and Spain battle blazes
Also in this newsletter: Meloni doubles down on tough-on-crime agenda
Quant trading ≠ software company
Software scales, but alpha decays
Bank of England to raise rates this year if energy prices stay high
Read the July forecast from the FT’s Monetary Policy Radar team
BYD takes on Japan’s ‘kei’ car market with tiny EV
Chinese company challenges Toyota on home turf in bid to become world’s largest carmaker in five years
DCC board grapples with an M&A ‘laggard’s dilemma’
Its price-to-earnings ratio fell from nearly 25 times in 2016 to around 11 times in early April, before its suitors emerged
TotalEnergies benefits from EU sanctions reprieve on Russian gas
French energy major can continue selling LNG from its Yamal project in Siberia to Asian customers