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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For 17 years, fashion designer Christopher Bailey was Burberry. He joined in 2001, rose to the rank of CEO and chief creative officer, and turned the one-time raincoat-maker into the luxury powerhouse it is today. Now the Yorkshireman, who has kept a low profile since he left the brand in 2018, has made his next move: he has acquired Stoke-on-Trent pottery Burleigh with a small group of investors. “Burleigh has an extraordinary history, and what makes it so special today is the skill,…
Economic inequality and an economy with disparate K-shaped benefits is leading to opposite outlooks for Lennar and Toll Brothers, according to Keefe, Bruyette & Woods. The bank downgraded Lennar to underperform from market perform, while upgrading Toll Brothers to outperform from the same previous rating. KBW has an $86 price target on Lennar, which represents a 5% loss from Monday’s close. Its $161 price target on Toll Brothers indicates a 17% gain from Monday’s close. Analyst Jade Rahmani said in a Monday note that entry-level homebuilders like Lennar are facing pressures as lower-income consumers continue to struggle with the high…
ICEYE raises €450 million in funding round at €10 billion value Source link
Google’s NotebookLM was one of the company’s first forays into generative AI technology, and in un-Googley fashion, it hasn’t been shut down yet. In fact, NotebookLM is getting one of its biggest updates, ever, today, moving to the latest Gemini 3.5 model, support for more file types, and streamlined web source integration. Google also says NotebookLM will be able to do more with all those queries thanks to embedded support for Antigravity. Gemini 3.5 Flash debuted at Google I/O this year, promising much faster and more efficient processing. Google has claimed that companies worried about token costs can save big…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Drug gangs are poised to exploit technological advances in AI and other fields to make more potent products and better avoid detection, the EU Drugs Agency’s executive director has warned.Lorraine Nolan told the FT in an interview that the market in illegal substances was evolving rapidly as traffickers created new designer chemicals and sophisticated smuggling methods to conceal their contraband.Nolan’s comments highlight how the illegal drugs industry is benefiting from great access to hardware such as drones for smuggling and digital capabilities…
India’s Prime Minister Narendra Modi addresses the gathering at AI Impact Summit, in New Delhi, India February 19, 2026.Press Information Bureau | Via ReutersIn his 12th year as Prime Minister, Narendra Modi continues to be popular in India — but the world’s fastest-growing major economy is no longer so popular among global investors.India’s growing reputation as an anti-artificial intelligence trade, combined with the economic strain of the prolonged conflict in the Middle East on the Indian economy, is leading to a record exodus of foreign investors from the country, experts said. “India is no longer the obvious, one-way growth story…
Investing.com — stock is falling 3.5% during today’s session to trade at €54.93, after Morgan Stanley downgraded the entire European defense sector to Equal Weight from Overweight, citing a lack of near-term catalysts, deteriorating factor momentum, and the weight of ongoing Russia-Ukraine ceasefire negotiations on investor sentiment. The move erases a portion of the strong gains Indra had accumulated since its 52-week low of €32.34, and brings the stock well below its 52-week high of €66.15. The Morgan Stanley action is the dominant driver today, but it lands against a backdrop of already-fragile sentiment in European defense. The sector has…
Siri AI can know what’s happening on your device screen, Apple said. Credit: Apple Siri AI can know what’s happening on your device screen, Apple said. Credit: Apple While many other AI models can perform similar tasks, these and other demos highlighted how Apple Intelligence and Siri AI benefit from tight integration into the “personal context” of data on your device. That means Siri can search to find information across your messages and email, even if you can’t remember specifically where that information is stored, for instance. It also means that, when using Siri to write emails, this “personal context”…
08 September 2025, Bavaria, Munich: Stella Li, Vice President of the car manufacturer BYD, speaks during a presentation by the manufacturer BYD at the press day of the International Motor Show IAA (IAA Mobility, International Motor Show) at the company’s stand in a hall of Messe München (Bavaria, Germany) on September 8, 2025.Picture Alliance | Picture Alliance | Getty ImagesAt a time when electric vehicle sales growth in China has been slowing, BYD expects the country’s EV market to expand — quite in contrast to smaller rival Nio that recently said the industry’s “golden era” was over.”With all the innovation…
Investing.com — shares rose nearly 2% on Tuesday after Reuters reported that Swiss lawmakers are considering reducing proposed capital requirements for the bank, potentially cutting billions of dollars from its expected regulatory burden. The stock gained after Reuters reported that parliamentarians were weighing a requirement for UBS to back its foreign subsidiaries with 70% to 80% of Common Equity Tier 1 (CET1) capital, compared with the government’s proposed 100%. Under draft legislation submitted to parliament in April, UBS would need to raise about $20 billion in additional CET1 capital if a full 100% backing requirement were adopted. Analysts cited in…