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[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The price of copper in London has climbed close to its highest level this year, as traders try to get their hands on dwindling supplies after a months-long rush to move metal to the US ahead of possible tariffs. The benchmark London price rose to a more than three-month high of almost $10,000 a tonne on Wednesday. Copper stocks in the London Metal Exchange global network of warehouses have dropped to the lowest level since 2023.The ructions have hit the trading houses…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Irish entrepreneur Paul Coulson has told Ardagh bondholders that its shareholders need a payment of at least $300mn to walk away from the debt-laden packaging giant he built through decades of acquisitions.Ardagh Group, which is based in Luxembourg and produces glass bottles and metal cans in facilities spanning Europe, America and Africa, has been at the centre of contentious restructuring negotiations about more than $10bn of debt built up in the era of cheap money and low interest rates.After Ardagh announced…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a former banker and author of ‘Traders, Guns & Money’, ‘Extreme Money’ and ‘Banquet of Consequences’In the lead up to the global financial crisis, the systemic risks building in markets were overlooked by many. Those risks proved calamitous. Today, there are multiple financial vulnerabilities and faultlines. First, investors have increasingly borrowed low-cost funds, often in foreign currencies, to invest in higher yielding investments in ubiquitous carry trades, that are now vulnerable to moves in asset prices and currency…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Just weeks after European Central Bank president Christine Lagarde hailed a “global euro” moment and said the common currency could rival the dollar, some inside the central bank are wondering if the euro’s strength could become too much of a good thing. The euro has soared 14 per cent against the dollar in 2025 to reach its highest level in nearly four years as investors pile into European assets to shelter from US policy volatility, upsetting predictions it would hit parity…

[ad_1] Hong Kong CNN  —  The administration of US President Donald Trump has lifted restrictions on exports of chip design software to China, as Washington and Beijing work to dial down hostilities as part of a recent trade agreement. All three leading chip design software companies – Synopsys, Cadence and Siemens – said they were notified by the US Commerce Department that the export curbs introduced in May had been rescinded. The United States cut off sales of critical software tools used to design semiconductors to China as part of retaliation for Beijing effectively choking off rare earth exports, which…

[ad_1] It’s not just Tesla.Rivian Automotive’s Q2 deliveries were also down. The company shared its production and delivery results on Wednesday. It delivered 10,661 vehicles in the quarter ending on June 30. That’s a noticeable drop compared to the same time last year, when Rivian delivered 13,790 vehicles. Reuters reported a 22% decline.Its stock dipped on Wednesday and closed down 4.45%.The company shared that it produced 5,979 vehicles at its Illinois-based manufacturing facility during the last quarter. The company produced 9,612 vehicles during the same time in 2024.”Production was limited during the second quarter in preparation for model year 2026…

[ad_1] OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom account on X. OpenAI says it does not endorse Robinhood’s effort, nor was it involved in facilitating the token sale. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom account on Wednesday. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.” These “OpenAI…

[ad_1] TechCrunch Disrupt 2025 is back at Moscone West in San Francisco this October 27–29, bringing together 10,000+ startup and VC leaders to dig into what’s next in tech. And when it comes to artificial intelligence, the conversations aren’t just technical — they’re creative, cinematic, and boundary-pushing. That’s why Nikola Todorovic is headed to the AI Stage. A visual effects veteran turned AI entrepreneur, Todorovic is the co-founder of Wonder Dynamics, now an Autodesk company. Alongside actor and producer Tye Sheridan, he helped launch Autodesk Flow Studio (formerly Wonder Studio), a groundbreaking AI platform that allows creators to seamlessly integrate…

[ad_1] One of Amazon Prime’s most exciting benefits is access to exclusive member deal holidays, like Amazon Prime Day from July 8 to 11, 2025. But even with that in mind, how does it compare to competing services like Walmart Plus?Both subscription services offer free delivery and other perks, including video and music streaming and fuel discounts. The former costs about $40 less a year and has a lower minimum fee for free grocery delivery, while the latter has more robust streaming content and access to Amazon Prime Day. While it’s true Walmart is planning to hold a competing sale, Amazon…

[ad_1] As one of the world’s largest retailers, Amazon is a well-oiled machine. But that doesn’t mean it’s immune to all mistakes, and occasionally a problem might arise with one of your orders. If that happens, contacting Amazon customer service can help you start a return or exchange, make changes to an order, or troubleshoot other issues that come up.Contacting Amazon customer service can be quick and easy, but there are multiple ways to go about it, and not all of them will connect you to an actual person. That’s why we’ve broken it down for you. These are the…