business

China's June new yuan loans beat forecast as credit demand picks up Source link

Late in 2023 Jensen Huang, chief executive of Nvidia, began peddling a new idea. Every country, he said, should have its own artificial-intelligence (AI) system, trained on domestic data, aligned with national values and built using local infrastructure. Appealing to policymakers’ fondness for manufacturing, the boss of the chip colossus described these systems as “AI…

A US-backed scheme forces hungry Palestinians to trek kilometres for food aid. Many never make it back Source link

Stay informed with free updates Simply sign up to the Pensions myFT Digest — delivered directly to your inbox. After decades during which pensions in many parts of the world have been de-risked — spurred by scandal, accounting changes and other policy tweaks — the pendulum is fast swinging the other way. In many instances…

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump plans to send Patriot missile systems to Ukraine, saying they are “desperately” needed to shield the country from intensifying Russian air strikes. In his most explicit comments yet about the prospect…

Cricket will be played at the Los Angeles Olympics (Myung J. Chun / Los Angeles Times via Getty … More Images) Los Angeles Times via Getty Images Momentum is building for T20 qualification tournaments – not rankings – to determine which countries make the cut for the Los Angeles 2028 Olympics, with the issue to…

Topline The Grand Canyon’s historic North Rim Lodge was destroyed as a wildfire forced the iconic national park to close its entire North Rim on Sunday, as firefighters battle extreme heat conditions and a chlorine gas leak while they work to control a particularly fast-burning blaze. The fire destroyed 50-80 structures at the North Rim,…