European firms are smaller and less profitable than American ones

On September 9th Mario Draghi, a former prime minister of Italy and former president of the European Central Bank, published his long-awaited report on European competitiveness. The continent’s productivity lags behind America’s, and it lacks world-beating corporate giants. Rising geopolitical tensions have made this problem more acute for European policymakers. They are right to worry….

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On welfare, something is going to have to give

The rebellion is growing bigger and bigger. Cabinet ministers have been given lists of Labour MPs to ring. Hit the phones and twist the arms, are the instructions from the prime minister to his senior team. But, so far at least, it isn’t working. Chancellor Rachel Reeves is involved, arguing how important the changes were…

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The AI Hype Index: AI-powered toys are coming

Separating AI reality from hyped-up fiction isn’t always easy. That’s why we’ve created the AI Hype Index—a simple, at-a-glance summary of everything you need to know about the state of the industry. AI agents might be the toast of the AI industry, but they’re still not that reliable. That’s why Yoshua Bengio, one of the…

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Neymar extends Santos contract until end of 2025

Jun 24, 2025, 04:45 PM ET Brazilian forward Neymar has signed a contract extension with Santos through the end of 2025, the club announced Tuesday. The deal includes an option to extend his contract through the 2026 World Cup next summer, sources told ESPN Brasil. His previous contract at Santos was due to expire on…

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Microsoft is struggling to sell Copilot to corporations – because their employees want ChatGPT instead

Microsoft is trying to push its AI chatbot Copilot, but is hitting roadblocks Copilot is struggling against rival ChatGPT ChatGPT launched much earlier, giving the model a head start AI chatbot models like ChatGPT and Microsoft Copilot are gaining huge traction in the workplace and beyond, but OpenAI‘s model is reportedly starting to show dominance…

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