Financial Times

Senior UK detective under investigation for alleged misuse of AI

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Derbyshire Constabulary crest displayed on a yellow and blue reflective police vehicle door. A person familiar with events said the Derbyshire case involved ...



Putin's war machine scours the home front for recruits

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But another mobilisation would carry at least as much risk for Russia as reward, said a person close to the defence ministry. “The political effect of major ...



Impatient yacht owners make for a hot new asset class

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Individual marina assets are now estimated to be changing hands for around 15 per cent more than they were five years ago, according to a person familiar with ...



Billionaire's financial data group Ion chased by landlords for ...

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The amounts due on the Sydney and Munich sites have now been paid, a person familiar with the situation said, and legal proceedings in Connecticut were ...



The Argentine ranch where tech CEOs plan to ride out the apocalypse

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“It's very weird to buy up so much land just for yourself with no commercial plan,” said one gas station attendant who declined to give her name, citing ...



Widdecombe murder probe reopens inquiry into attempted burglary ...

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However, one person familiar with the matter indicated that it related to an incident at Farage's home. Farage said in April this year that a “lit ...



Biggest US law firms explore selling stakes to private equity

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... people familiar with the matter said. “At the request of certain firms with which we have business relationships, we listened to a couple of pitches ...



Citadel 'makes a killing' - Financial Times

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... person familiar with the matter. The firm's flagship fund notched 6 per cent returns, while its equities fund made 14.2 per cent, according to a person ...



FirstFT: US scientists use AI to create first synthetic viruses

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The deal would shift its $11bn debt load from public markets into a private vehicle, according to people briefed on the matter. The talks with investors ...



Jane Street in talks to shift its $11bn in debt to investors including ...

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The deal would shift its $11bn debt load from public markets into a private vehicle, according to people briefed on the matter. The size of the loan could ...



Mike Ashley says Harvey Nichols is in a 'death spiral' - Financial Times

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Final bids for the retailer were due on Wednesday night and discussions were still ongoing on Thursday, according to a person close to the process.



Google's AI shake-up boosts Brin as DeepMind's Hassabis steps aside

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A person close to the company disputed there had been tensions between Google's leaders and Hassabis, saying the Nobel laureate had led the initial launch ...



Big US hedge funds targeted by wave of cyber attacks

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Millennium Management was also targeted by cyber attacks, according to a person familiar with the matter. All of the firms run complex risk systems with ...



Russia drone company chief injured in car bombing - Financial Times

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... according to a person close to European intelligence. Tkachuk is a leading figure in Russia's “people's military-industrial complex” of small-scale start ...



John Lewis chair warns of profit squeeze as trading conditions worsen

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A person close to the retailer said Tarry was not planning any major strategic changes. The John Lewis Partnership, which also owns Waitrose, said at its ...



The UAE's imperial push into Africa - Financial Times

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... asked not to be named. Much of that business is conducted by the same bankers who previously operated in western financial centres but who have also been ...



Polymarket in fundraising talks at valuation of more than $20bn

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... person familiar with the matter. Polymarket was valued at about $8bn in October when Intercontinental Exchange, the owner of the New York Stock Exchange ...



French banks warm to election financing in potential boost for ...

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A person close to another large French lender said not all banks were fully aligned on the idea of a banking pool and said there was much to be thrashed out ...



Chinese VC firms rush to raise funds after three-year drought

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While the final amount was yet to be determined, it was expected to be just over $200mn, said a person with knowledge of the matter. The firm declined to ...



Walter insurers paid millions of dollars to credit rating provider Egan ...

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A large portion of Delaware Life's affiliated investments were rated by the small rating provider Egan-Jones, according to a person close to the insurer ...



How Leopold Aschenbrenner, the 'golden child' of the AI trade, was ...

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... people briefed on the matter. Jane Street had earlier backed the fund, in a rare move for the proprietary-trading outfit, and is among investors facing ...



ByteDance's big bet on AI - Financial Times

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The pitch meeting took less than 10 minutes, according to a person with direct knowledge, as the then 29-year-old entrepreneur drew his idea on a napkin.



Aston Martin investors kept in dark over details of asset shift

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A person close to Aston Martin said the company was in full compliance with disclosure obligations. The refusal has heightened tensions between the company ...



Hedge funds raise bets against US-backed critical minerals ...

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MP Materials declined to comment. A person close to the company said “a very substantial portion” of the increased short interest against MP was because of ...



Leopold Aschenbrenner's Situational Awareness seeks to raise ...

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The fund held discussions with existing investors and lenders in recent days seeking to raise new capital, according to people briefed on the matter. The ...



Citadel buys Situational Awareness equity holdings after steep AI ...

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... people briefed on the matter. At least three multibillion-dollar hedge funds including Millennium Management held talks with Situational Awareness over the ...



EU crisis chief warns wildfires are a risk from scaling back green ...

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... people briefed on the matter, highlighting its reluctance to make a clean break from Hungary's previous policy towards Ukraine. One EU diplomat described ...



Brookfield and NextEra to build $100bn AI campus on ex-nuclear ...

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It is understood Brookfield has already begun talks with hyperscalers to become an anchor for the campus, according to a person close to the project. Bruce ...



FirstFT: US borrowing costs jump after Fed holds rates

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The fund held discussions with existing investors and lenders in recent days seeking to raise new capital, according to people briefed on the matter. 3. The ...



Zelenskyy returns to Oval Office as Trump shifts towards Ukraine

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The Ukrainian president's advisers and a person close to the Trump administration said the meeting offered Zelenskyy his best chance since Trump began his ...



Trump sets stage for Netanyahu meeting amid tensions with Israeli PM

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A person briefed on the matter said Netanyahu was going to Washington in “listening mode” but wanted the US to expand operations against Iran beyond the ...



Hedge funds face demands to stump up collateral as AI stocks tumble

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It's pretty basic stuff,” said a person close to one of the banks. The person added that many of these calls for additional collateral were automatically ...



TeamSystem's private equity owners discuss stake sale at €8bn ...

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Investors in a separate 2021 deal have enjoyed strong gains of roughly three times their investment, according to a person familiar with the matter.



Trump says Israel 'would not survive' without US - Financial Times

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A person briefed on the matter said Netanyahu was going to Washington in “listening mode” but wanted the US to expand operations against Iran beyond the ...



Europe can't stop the tide of cocaine - Financial Times

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... asked not to be named. Header logo. Whereas cocaine seizures in Europe have fallen, seizures from smaller vessels have increased dramatically. Charts showing ...



Washington and London discuss plan for meeting to resolve Hormuz ...

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The pair had a “very warm conversation”, according to a person close to Streeting. The coalition spearheaded by London and Paris has so far focused on ...



Burnham the builder: can British housebuilders deliver his ambition?

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Nationalisation is not an option the government is currently considering, according to a person familiar with the situation. A Vistry spokesperson said ...



The strongman of Pakistan - Financial Times

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Islamabad and Riyadh are also exploring a joint aerial defence system, according to a person briefed on the matter, to plug holes exposed by the Iran war ...



Can the 'Johnny Cash of the Allagash' win the US Senate for the ...

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“There is a bridge to be had, and I think Graham Platner was creating that bridge,” said one Democratic voter in Blue Hill, who declined to give her name ...



Law student charged after sophisticated bomb seized near Northern ...

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One security source who asked not to be identified saw “two worrying things — one, the level of skill involved [in this bomb] and two, how people get hold of ...



Betting account in George Cottrell's name received $9mn in crypto ...

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The property was rented for £5,480 per week last year, according to a person briefed on the matter. On December 14 2024, after the Trump bets were cashed in ...



US and Japan clash over meltdown liability in $40bn nuclear power ...

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A person close to commerce secretary Howard Lutnick said he had personally assured Japan it would not have any liability in relation to the projects.



EU review of airline ownership rules clouds Apollo's £5.7bn easyJet ...

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A person close to the airline said EU regulators had not engaged with it regarding the proposed deals with Apollo and Castlelake. Copyright The Financial ...



Shares in UK defence groups rise on hopes John Healey will boost ...

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A person close to Healey told the FT he would “reassure investors and our allies that the fiscal architecture is intact — Bank of England independence, and ...



Trump Media's pitched fee for early access to posts - Financial Times

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A person close to the situation said that SJP could still potentially retain clients and advisers from the departing firms. BlackRock assets surge to a ...



Andy Burnham appoints John Healey as chancellor in surprise pick

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... according to someone familiar with the matter. Expand post. Collapse post. Share $Rachel Reeves out as chancellor on X (opens in a new window) · Share $Rachel ...



Zelenskyy's crisis deepens as ex-defence minister rejects offer to ...

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... people briefed on the matter. Zelenskyy offered Fedorov several alternative positions to his past defence minister role, but he has declined them, those ...



Data errors mar UK regulator's new short selling disclosure rules

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... a person familiar with the matter a person familiar ...



Trump to fund Maga-aligned projects in Europe as he reorders US aid

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... a person familiar with the matter. The notification also includes support for efforts to counter judicial over-reach and censorship in Brazil, where the US ...



Business worries about how to reach Andy Burnham - Financial Times

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... a person close to the Burnham camp. Some argue there is a tension between Burnham's image as a man of the people and the need to listen to the City to avoid ...

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