FirstFT: Google and Universal Music discuss deal over AI ‘deepfake’ songs
Also in today’s newsletter, China’s trade falls more than expected and TSMC to build €10bn plant in Germany #press
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Hopes of turning Cambridge into ‘science capital of Europe’ collide with reality
Local opposition to housebuilding around university city and lack of water and transport infrastructure undermine grand plans #press
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Cornish Lithium secures investment from UK Infrastructure Bank
Move boosts Britain’s hopes of creating domestic mining industry for metal vital in electric car transition #press
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Hopes of turning Cambridge into ‘science capital of Europe’ collide with reality
Local opposition to housebuilding around university city and lack of water and transport infrastructure undermine grand plans #press
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Tracking Ukraine’s counteroffensive against Russia in maps
A visual guide to the war #press
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The west shouldn’t give up on ‘gentle commerce’ just yet
Although it has been strained in recent years, the link between trade and political liberalisation still holds #press
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DeSantis replaces campaign chief in bid to reboot White House run
Florida governor’s move marks new attempt to revive push for Republican presidential nomination #press
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Italy hits banks with surprise windfall tax
Shares in lenders drop after government announces planned levy of 40% #press
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Interest rate rises are ‘working’, says BoE economist
Tighter monetary policy starting to curb risk of inflation becoming embedded, Huw Pill argues #press
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FirstFT: Apple and Amazon results highlight contrasting fortunes
Also in today’s newsletter, hedge funds underestimate the strength of the US consumer and Diageo and Diddy prepare for court battle #press
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The evolution of original sin
Has it been eliminated, ameliorated or just shifted? #press
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Tracking Ukraine’s counteroffensive against Russia in maps
A visual guide to the war #press
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Hong Kong: cheaper homes show city is Central no more
Property market slump in mainland China is partly to blame and locals are in no position to pick up the slack #press
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The cases against Donald Trump
Former US president entangled in at least six legal cases, including indictment related to attempts to overturn 2020 election #press
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The indictment of Donald Trump
News and analysis on the former US president’s legal problems as he prepares to face multiple trials #press
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Housebuilders: rate rises hit profits like a ton of bricks
Yet Taylor Wimpey’s share price is up, despite a fall in pre-tax profits #press
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Stakes are high as Ukraine’s offensive starts to secure a military advantage
Despite heavy attrition of Russian equipment, the question remains whether Kyiv can build momentum #press
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UK housebuilding activity falls sharply in July
Overall construction sector returns to growth due to strong pick-up in commercial activity, PMI survey finds #press
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Canada’s emissions from wildfires more than double previous record
Scientists note abnormal intensity of blazes as temperatures rise faster in northern hemisphere #press
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Niger capital gripped by uncertainty as invasion deadline draws closer
Neighbours led by Nigeria have threatened military action unless coup leaders restore democracy by Sunday #press
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