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Donald Trumps Russian oil waiver offers little relief for India
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A US waiver allowing India to buy Russian oil that is already at sea will bring immediate but very limited relief to Indian refiners facing a supply shock in the Middle East, which…
Wegovy pill approved by US FDA for weight loss
Posted onThe US Food and Drug Administration (FDA) has approved a pill version of the weight-loss drug Wegovy, according to pharmaceutical giant Novo Nordisk. It is the first pill of its kind to receive approval from the regulator, marking a new era for weight-loss drugs. Wegovy’s Danish makers Novo Nordisk said the once-daily pill was a…
Rishi Sunak hired by Microsoft and Anthropic as paid adviser
Posted onRishi Sunak has taken up paid adviser roles at tech giant Microsoft and artificial intelligence start-up Anthropic. The former prime minister has been told he must not lobby ministers on behalf of the companies by the Advisory Committee on Business Appointments (Acoba), an independent watchdog which oversees the activities of former government figures. Sunak –…
Lloyds strives to be UKs biggest fintech by selling more customer data
Posted onStay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. Lloyds Banking Group will sell more customer data and automate governance checks in a bid to slash technology costs and reinvent itself as “the UK’s biggest fintech”. The high street lender, which has 28mn customers,…
UK regulator asks X about reports its AI makes sexualised images of children
Posted onOfcom has made “urgent contact” with Elon Musk’s company xAI following reports its AI tool Grok can be used to make “sexualised images of children” and undress women. A spokesperson for the regulator said it was also investigating concerns Grok has been producing “undressed images” of people. The BBC has seen several examples on the…
