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UK retail spending rose at lowest pace for 7 months in December
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK retail spending rose at the lowest pace for seven months in December and below the rate of inflation, pointing to a “drab” Christmas period for retailers as consumers continued to feel the impact of…
Chipmaker CXMT becomes mainland Chinas most valuable listed firm
Posted onShares in China’s biggest memory chip maker have surged by more than 470% as they made their debut on the Shanghai Stock Exchange’s tech-heavy STAR Market. The surge has pushed CXMT’s stock market valuation to around 3.3 trillion yuan ($487.3bn; £364.9bn), making it the most valuable listed company in mainland China. The spectacular debut comes…
Oil and gas prices rise after gas field strike
Posted on“As previously warned, if the fuel, energy, gas, and economic infrastructures of our country are attacked by the American-Zionist enemy, in addition to a powerful counterattack against the enemy, we will severely strike the origin of that aggression as well,” the military said in a statement published by Tasnim.
Will AI lead to more accurate opinion polls?
Posted onIt does not focus on quantitative polling, which is already largely automated through mass surveys. Instead, it emphasises depth. “We don’t ask people to tick boxes – they have a conversation with an AI,” Fontaine explains. “That means we can explore not just what people think, but how they think – how they build their…
Construction sector shrinks at fastest pace since pandemic, survey suggests
Posted onEmer MoreauBusiness reporter Getty Images Construction in November was at its lowest level since the pandemic Activity in the UK’s construction sector shrank last month at the fastest pace since the pandemic, partly due to uncertainty ahead of the Budget, a closely watched survey has indicated. The research from S&P Global said November saw the…
Starmer battles for Downing Street future amid Mandelson vetting scandal
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will battle for his Downing Street future on Monday as he seeks to explain to MPs how Lord Peter Mandelson became UK ambassador to the US despite failing security vetting. The prime…
