Business

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Reddit skyrocketed after announcing an OpenAI deal on training AI models

Reddit skyrocketed after announcing an OpenAI deal on training AI models

The trading floor of the New York Stock Exchange prepares for the initial public offering of social media platform Reddit…
Russia expelled the British defense attache in retaliation

Russia expelled the British defense attache in retaliation

Stay up to date with free updates Simply sign in Russian politics myFT Digest — delivered directly to your inbox.…
LSE CEO: Flight listing not a major concern as UK is ‘punching above its weight’

LSE CEO: Flight listing not a major concern as UK is ‘punching above its weight’

London’s position as Europe’s leading financial center has been under threat over the past few years. Available now 25% Fewer…
Walmart’s dominance as America’s largest retailer is under threat

Walmart’s dominance as America’s largest retailer is under threat

With Amazon hot on its heels, America’s largest company by revenue is looking for ways to continue growing.
Warren Buffett’s Berkshire Hathaway made several changes to its stock portfolio last quarter

Warren Buffett’s Berkshire Hathaway made several changes to its stock portfolio last quarter

Warren Buffett revealed Chubb as his secret acquisition and Berkshire Hathaway’s stock portfolio had several other changes in the first…
Microsoft’s emissions increased nearly 30% as it raced to meet AI demand

Microsoft’s emissions increased nearly 30% as it raced to meet AI demand

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Microsoft’s emissions have…
Swiss running shoe brand On, backed by Roger Federer, accelerates with quarterly revenue of $560 million

Swiss running shoe brand On, backed by Roger Federer, accelerates with quarterly revenue of $560 million

Swiss-based, New York-listed running shoe company On is on the rise. Its signature crater shoe has become a favorite of…
With America limited, Chinese electric vehicle manufacturers aim to conquer the rest of the world

With America limited, Chinese electric vehicle manufacturers aim to conquer the rest of the world

Automakers in China are accelerating their sales push in Europe and Southeast Asia, and are looking to produce more abroad.
Commerzbank reported a better-than-expected 29% increase in first-quarter net profit

Commerzbank reported a better-than-expected 29% increase in first-quarter net profit

The logo of German bank Commerzbank is seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland…
Sony shares soared thanks to share buybacks and an upgraded outlook

Sony shares soared thanks to share buybacks and an upgraded outlook

Sony shares jumped as much as 12% on Wednesday morning after the Japanese conglomerate announced strong earnings, a stock split…