Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Traders are betting on a tighter copper market in the coming months, as disappointment over faltering economic growth in China is outweighed by concerns about pressure on global supplies.Copper – a key measure of global economic health given its use in everything from buildings to power lines – for June delivery is $8,832 a tonne, $105 more expensive than the spot price. The difference between current and future deliveries is the largest ever, in records dating back to 1994, according to Bloomberg…
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Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.AstraZeneca's plan to pay chief executive Pascal Soriot up to £18.7m has been described as “excessive” by two influential shareholder advisers, saying his remuneration was already competitive compared to international peers.The drugmaker last month submitted its pay proposal for Sirout, who would need to meet a series of targets, including new drug approvals, earnings per share and total sales, to get the maximum amount for his performance this year.Since taking over in 2012, Soriot has transformed AstraZeneca into the second-largest company on…
Good morning, and welcome to the Essential California newsletter. It's Saturday, March 30th. Here's what you need to know to start your weekend: the news Start your day right Sign up for Essential California to get news, features and recommendations from the LA Times and beyond in your inbox six days a week. Enter your email address Involve me You may occasionally receive promotional content from the Los Angeles Times. Six dessert recipes to try this Easter Happy (early) Easter! Whether you celebrate the holiday or not, we have some good recipes for you to try.What's on the menu in…
Keeping up with a fast-moving industry like AI is difficult. So, until AI can do it for you, here's a helpful summary of recent stories in the world of machine learning, along with notable research and experiments that we didn't cover on our own. This week on AI I'd like to highlight startups in the tagging and annotation space — startups like Scale AI, which is reportedly in talks to raise $13 billion in new funds. Tagging and annotation platforms may not get the attention that shiny new generative AI models like Sora from OpenAI do. But it is necessary.…
Today's new cars feature high-tech features for car shoppers, from their operating systems to navigation and remote unlocking.But with these advances come questions about driver privacy, said Evan Drury, director of insights at Edmunds Automotive.“Despite the progress we've made when it comes to new features, a lot of them are data-driven,” whether that's through a car's built-in computer or a GPS service on your phone that connects to your car's systems, he said.Almost every new vehicle collects different types of details about you, and will share and sell that data, according to a September report by data privacy advocate Mozilla,…
Lynn Carey, a nurse practitioner at Huntsville Reproductive Medicine, PC, lifts frozen embryos from an IVF cryopreservation rotary, in Madison, Alabama, US, March 4, 2024. Roselle Chen | ReutersAs legal battles over reproductive rights grow across the United States, one area that could be affected is egg freezing.In February, the Alabama Supreme Court ruled that all embryos created through in vitro fertilization are considered children. This ruling could have far-reaching implications for the civil and criminal liabilities of fertility clinics and their patients. More than 1 million frozen eggs and embryos are stored in the United States alone, according to…
Police car lights at night.Douglas Sasha | moment | Getty ImagesDutch police said several people were being held hostage in the eastern Dutch town of Ede early Saturday morning, and homes in the area were evacuated.Police said there was no indication of a terrorist motive.The police said in a statement published on social media that several special police units were deployed at the scene of the accident, a building located in the city center. They added that 150 homes were evacuated and the public was asked to stay away from the area. National newspaper De Telegraaf, citing several anonymous sources,…
Stay informed with free updatesSimply subscribe to myFT Digest of European Banks – delivered straight to your inbox.European bank shares rose to their highest levels in six years after lenders promised record returns to shareholders and profits rose thanks to higher interest rates.The Stoxx Europe 600 banks index hit a six-year high on Thursday, the last trading day before Easter in most markets, and is up 34 percent over the past year. According to analysts at Barclays, banks on the continent are outperforming their US rivals for the first time in more than a decade in return on equity terms.“The…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Secret messaging app Telegram claims it is close to breaking even and announcing itself. Dangling the possibility of an IPO helped it secure more favorable borrowing terms. However, in keeping with the company's anti-surveillance narrative, financial details are sparse.Does co-founder Pavel Durov really want to run a public company? He has previously used his own wealth to fund Telegram and wants to maintain control. Choosing debt rather than raising money for equity means he can avoid diluting ownership, even though it adds…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.The writer is a contributing editor for the FT and writes the Chartbook newsletterIn a world of multiple crises, where intersecting problems exacerbate each other and where there are few easy gains, it is crucial that we recognize truly clear policy options. Vaccines are one such investment. Since the 1960s, global vaccination campaigns have eradicated smallpox, suppressed polio, and contained measles. Modest public health spending has saved tens of millions of lives, reduced disease rates, and allowed children around the world to…