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Playboy stock surges 11.5% on share buyback deal with Fortress Source link
Scottish Labour leader Anas Sarwar says he is “proud” of his work with Sir Keir Starmer after the prime minister announced he would resign. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When the Nobel literature laureate Herta Müller was growing up in a dreary village in western Romania, in the 1950s heyday of communism, she soon learnt that there was one household rule that really mattered: to peel potatoes with extreme care. Her mother had spent five years close to starvation in a Soviet labour camp, one of tens of thousands of Romania’s German minority deported to the USSR after the defeat of Nazi Germany. “My mother demanded that the peel be in…
Sopa Images | Lightrocket | Getty ImagesChevron will fuel a massive Microsoft data center in West Texas with natural gas under a 20-year agreement, the oil major announced Monday. The data center, called Project Kilby, is expected to consume nearly 2.7 gigawatts of electricity, which is equivalent to about 2 million homes. A majority of the electricity will come from large gas turbines from Chevron’s partner GE Vernova. Caterpillar will also provide turbines. The power infrastructure will be located at the data center site.Project Kilby has not started construction in Reeves County. Chevron expects to make a final investment decision…
Palvella stock rises on FDA rolling review for rare disease drug Source link
A look back at Kier Starmer’s first speech outside number 10 in 2024, compared to his resignation speech today. Source link
Protestors gather in front of Albania’s Prime Minister’s Office during a demonstration against a luxury resort development near a protected natural area, in Tirana on June 20, 2026.Adnan Beci | Afp | Getty ImagesThousands protested in Albania’s capital over the weekend for one of the largest rallies yet against a proposed luxury development project linked to U.S. President Donald Trump’s son-in-law, Jared Kushner.Protesters in Tirana were seen carrying Albanian flags and banners saying “Albania is not for sale” on Saturday as they marched toward the office of Prime Minister Edil Rama, calling for his resignation and reportedly chanting against the…
Alan Greenspan, the longtime Federal Reserve chairman known as “the Maestro” who became one of the most influential economic policymakers of his era and famously warned of “irrational exuberance,” has died. He was 100.The influential economist died Monday from complications of Parkinson’s Disease, said his wife of 29 years, Andrea Mitchell, the chief Washington correspondent and chief foreign affairs correspondent for NBC News. Greenspan was appointed Fed chairman in 1987 by President Ronald Reagan and held the position — through busts and booms — until retiring in 2006. His tenure was the second longest, four months short of that of…
Uber-backed Lime aims to raise up to $180.9 million in US IPO Source link
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty Images News | Getty ImagesTencent on Monday said it is testing an AI assistant within WeChat in China as the tech giant looks to step up efforts to challenge rivals in the country’s competitive artificial intelligence market.Xiaowei, “a native AI assistant,” is being tested “on a small scale” in Weixin, the Chinese version of WeChat, Tencent said in a statement translated by CNBC.Users can interact with Xiaowei with text or voice, communicate with friends and launch…