Michael Jackson biopic is hit with audiences despite critical backlash-A Hollywood biopic of Michael Jackson earned $217mn on its opening weekend, drawing large crowds to cinemas worldwide despite negative reviews. https://t.co/tv5OznWSfZ @annaknicolaou@FT
The lucrative business of airline loyalty schemes-As loyalty businesses become increasingly powerful profit centres for airlines, there are warnings that some businesses are forgetting…!https://t.co/GeqXHYQWCL @ftopinion@Philgeorgiadis
Elon continuing to move the goalposts ... now talking much more about a $1 trillion savings goal, rather than the $2 trillion he talked about for months.
UK-listed companies divert cash from dividends to buybacks-
the latest sign that a market long targeted by income-hungry investors is shifting towards returning cash to shareholders. https://t.co/7xjJQi2krj @FT @EmDunks
Wall Street’s AI ‘bubble’ echoes dotcom excesses, Ray Dalio warns-“The tech war between China and the US is far more important than profitability, not only for economic superiority, but for military superiority,” he told the FT. https://t.co/J4hZafCtKQ @FT@adamsamson
Indonesia tests global carbon credits market linked to energy projects-These include a hydropower project as well as natural gas projects that the country said… https://t.co/IDAEv2eh6h @FT@AnanthalakshmiA
Boeing reports second-biggest annual loss after tough 2024—
The jet maker will start generating cash in the second half of 2025, although it is expected to report negative free cash flow for the full year, chief financial officer… https://t.co/WU1tEdbCvT @FT@Claire_Bushey
HSBC to exit parts of investment banking business in UK, US and Europe—Europe’s biggest lender will close its mergers and acquisitions advisory and… https://t.co/bXOa6lQ8uD @FT@kayewiggins
…in the process, because we have no idea how to control systems more intelligent than ourselves,” Stuart Russell, professor of computer science at the University of California, Berkeley, said. “In other words, the AGI race is a race towards the edge of a cliff.” @CristinaCriddle
OpenAI’s Sam Altman vows ‘better models’ as China’s DeepSeek disrupts global race—“Even the CEOs who are engaging in the race have stated that whoever wins has a significant probability of causing human extinction… https://t.co/svEZvMuMDM @FT@MActon93
Israeli military to hold on to Syrian territory indefinitely—Defense Minister Katz’s announcement came as Israeli forces carried out some of the deepest air strikes inside Lebanon… https://t.co/BCfQNTe3se @FT@JamesShotter
Argentina loses last-ditch US battle to block $300mn seizure—The petition the Supreme Court declined to hear on Monday related to the proposed seizure of more than $300m that Argentina holds in the custody of the New York Federal Reserve. https://t.co/mCW6X1kdpR @FT@ciaraCnugent