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Burnham said his generation of politicians will need to “raise our game” and rise to the challenges in front of them. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The European Commission has fined Chinese online marketplace AliExpress €550mn for failing to do enough to prevent the sale of illegal products on its platform, the largest penalty yet under the bloc’s Digital Services Act.Brussels on Monday said the shopping platform owned by Chinese tech group Alibaba had failed to do enough to reduce the risk of it being used to sell illicit products in the EU. Under the DSA, large online platforms must assess and address such risks.“The spread of counterfeit…

Here are the biggest calls on Wall Street on Monday: Morgan Stanley reiterates Nvidia and Broadcom as overweight The firm said it’s sticking with both stocks. “This remains an unusual memory cycle, as data center strength is the only cause – which means that as we saw in April there are mixed signals elsewhere that may be a false flag. Memory isn’t the best risk reward in our coverage – which we think is NVDA/ AVGO – but it’s catching up fast.” Goldman Sachs initiates Versigent as buy Goldman said the electrification company has plenty of upside. “We are initiating…

Airline executives caution planemakers not to rush release of next generation of aircraft Source link

There are a lot of AI coding applications out there, and as impressive as large language models and the agents they enable have become, many of the most recent developments in AI-assisted development have been in the software that manages those models, not just the models themselves. Earlier this summer, I spoke with the head of product for Claude Code, Anthropic’s Cat Wu, about that company’s approach to building that software.Read full article Comments Source link

Sir Keir Starmer has delivered his final address as prime minister on Monday as Andy Burnham takes the country’s top job.In front of an applauding crowd, Starmer said “my work is done” and wished Burnham well.After repeated assurances he would hold on to the post, Starmer announced he would step down on 22 June – four days after Burnham won a Westminster seat.Andy Burnham follows Keir Starmer, Rishi Sunak and Liz Truss.Follow the story live. Source link

U.S. Secretary of Commerce Howard Lutnick looks on as U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., June 11, 2026. Daniel Heuer | ReutersAbout half of Americans believe it isn’t appropriate for the U.S. government to take ownership in U.S.-based companies, CNBC’s new All-America Economic Survey found.The finding comes as the Trump administration has negotiated 30 deals worth nearly $27 billion in total, according to the Council on Foreign Relations, a nonpartisan think tank. More may be coming. The administration has held talks with influential artificial intelligence start-up OpenAI about a…

Why is Bunzl stock sliding today? Source link

Andy Burnham, Labour MP for Makerfield, celebrates after his swearing-in at the Houses of Parliament on June 22, 2026 in London, England. Dan Kitwood | Getty ImagesAndy Burnham is set to become the U.K.’s seventh prime minister in a decade on Monday, with investors and market watchers already questioning his policy agenda. King Charles will formally ask Burnham to form a government at Buckingham Palace this morning ahead of his official appointment as prime minister.After that, he is expected to make his first speech as premier and set out his vision for the country.U.S. President Donald Trump has welcomed Burnham’s plan…

Jeff Bezos has invested in CuspAI, a British startup which on Monday unveiled a partnership with Nvidia and a number of other industry leaders as it hunts for breakthroughs in semiconductors, clean energy and advanced manufacturing. The $450 million fundraise, which values CuspAI at $2.6 billion, was led by Kleiner Perkins and NEA, with significant participation from Jeff Bezos’ Bezos Expeditions. Additional new investors include Glade Brook Capital Partners, Lux Capital, AMD Ventures, and Britain’s Sovereign AI Venture Fund.CuspAI uses artificial intelligence to simulate the performance of novel materials, narrowing the huge number of possibilities for laboratory testing. “Most big…