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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Last February, Dua Lipa posted a photo of a supermarket shopping basket to Instagram. Inside she’d placed a yellow Louis Vuitton Speedy handbag – and three packets of crisps from the Brittany-based brand Brets. The French were already obsessed with Brets: last year the family-owned brand overtook Lay’s to become France’s favourite crisp, with a market share of nearly 27 per cent. Lipa’s post helped push the brand onto the global stage. George Hess, founder of Victus Emporium, which handles Brets’ UK imports,…

The World Cup’s biggest economic boost is arriving later than expected as the tournament enters its final days. But for the U.S. businesses hoping for a soccer boom, it’s better late than never. This week’s semifinals pit France against Spain in Dallas on Tuesday and England versus Argentina in Atlanta on Wednesday. Travel bookings have accelerated as the field of competitors narrows and fans converge from around the world to see the high-stakes matches. Every U.S. host city has seen an economic lift from soccer fans, according to Bank of America Institute. “You can see the World Cup effect on…

Wells Fargo profit jumps on interest income boost Source link

Prompt injections, the malicious commands attackers embed into content to entice large language models to follow them, have been attackers’ go-to tool for turning AI platforms against their users. A well-phrased command sneaked into an email or calendar invitation is often all it takes to cause the LLM to exfiltrate sensitive data or follow other harmful actions. Now, defenders are embracing the prompt injection, too. A strong, sharp effect Researchers from Tracebit on Monday said they found that placing prompt injections alongside passwords, cryptographic keys, and other secrets stored on Amazon Web Services was often all that was needed to…

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 11, 2026. Amirhosein Khorgooi/isna | Via ReutersPresident Donald Trump’s threat to impose a 20% fee on cargo passing through the Strait of Hormuz and renewed U.S.-Iran tensions have revived the Gulf’s urgent search for oil export alternatives. From Saudi Arabia’s East-West pipeline to the United Arab Emirates’ export infrastructure outside the strait, Gulf producers are increasingly relying on alternative routes to keep crude moving as attacks and shipping disruptions expose the risks of depending on Hormuz.The United Arab Emirates is reportedly looking to build a new…

Donald Trump, President of the United States, speaks during a press conference at the NATO Summit at the Presidential Complex in Ankara, Turkiye, on July 8, 2026. (Photo by Klaudia Radecka/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesPresident Donald Trump’s proposed 20% levy on ships passing through the Strait of Hormuz could backfire and further reduce dwindling traffic on the vital waterway, shipping executives have warned. The temporary ceasefire deal the U.S. and Iran signed in mid-June appears increasingly fractured after the adversaries exchanged hostilities for a third consecutive day on Tuesday. The deal explicitly prohibited Tehran from imposing any…

Why is Peab stock surging today? Source link

Beyond that, NASA and private space station companies may need to look to an emerging company across the pond. A new contender emerges Last week, a Europe-based firm, The Exploration Company, hosted an office-opening celebration in Webster, Texas. At the facility, located just a couple of miles from Johnson Space Center, founder Hélène Huby said her company was considering making Houston the base of its operations to develop a crewed spacecraft. The Exploration Company has already won funding from the European Space Agency to develop a cargo vehicle, called Nyx, to carry supplies to the International Space Station. An initial…

Sen. Elizabeth Warren, D-Mass., talks to reporters outside the Senate chamber on March 21, 2026 in Washington, DC.Tasos Katopodis | Getty ImagesBusiness is declaring war on a provision tucked into a must-pass defense bill that would restrict Pentagon contractors from executing stock buybacks and paying dividends unless they have the Defense Department’s approval, and asking Congress to kill the provision before it reaches the president’s desk. The U.S. Chamber of Commerce, along with 40 other business groups, sent a letter Tuesday to Senate leaders urging them to strip the measure from the bill — an annual defense policy package called…

Founder and president of ‘Le Slip Francais’ underwear brand, Guillaume Gibault poses in the Bonne Nouvelle textile factory in Aubervilliers, surburb of Paris, on February 12, 2025. Thomas Samson | Afp | Getty ImagesFrench underwear brand Le Slip Français made its stock market debut in Paris on Tuesday, betting that consumers will pay for locally made clothing amid competition from ultra-cheap Chinese fast-fashion giants like Shein and Temu. The apparel company, founded in 2011 by entrepreneur Guillaume Gibault to promote textiles made in France, has since expanded beyond men’s underwear to include women’s undergarments, T-shirts, socks, swimwear, and other clothing.…