The Latest Breaking News from the Financial Times

China's probe into Nvidia and US export bans could reshape the AI chip market, opening doors for domestic players like Cambricon, Biren, and Moore Threads, though big hurdles remain.

CS Venkatakrishnan, chief executive of the banking group, told the Financial Times that wage inflation was a problem across the UK economy.

Nearly 500 workers were detained in a massive ICE raid at Hyundai's Georgia battery plant, including over 300 South Koreans. As Seoul pushes for their release, questions loom over whether the crackdown will spark a diplomatic rift between the US and South Korea.

"We are at a point in history where something amazing is happening, and it may be amazingly good, and it may be amazingly bad."

Big nuclear deployments are in process, but small modular reactors could be a better way to meet rapidly rising electric power demand.

Each side is trying to spend the other’s money on security, as they shift to a new geopolitical equilibrium.

On Sunday, a plane carrying European Union chief Ursula von der Leyen was reportedly forced to land in Bulgaria using paper maps after its GPS navigation systems were jammed. Bulgarian authorities claim the jamming was deliberate Russian interference, though a Kremlin spokesperson told the Financial Times this was “incorrect”.

Pilots driving a plane carrying European Commission head Ursula von der Leyen were forced to use paper maps to land

Volvo's EVs, including its flagship EX90, are riddled with software bugs. Its CEO says the automakers is focusing on fixing these as quickly as possible.