Financial Times Front Page 25th of November 2024
US retailers are extending Black Friday sales for several weeks to attract reluctant shoppers, as consumer confidence is dampened by inflation and uncertainty around Trump’s policies.
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The Financial Times reports that ride-hailing firm Uber has pulled the plug on its efforts to develop a self-driving car to take a stake in Aurora, an autonomous vehicle start-up backed by Amazon and Sequoia. Uber will transfer its 1,200-strong self-driving unit to Aurora and invest $400m (£300m). The paper says the deal means Aurora could ultimately “supply its driverless technology to the world’s largest ride-hailing fleet” and, through Toyota’s involvement with Uber’s original self-driving unit, could gain an “important car-maker as a partner”. Aurora’s chief executive Chris Urmson tells the FT: “This is a bit of a coup and we are incredibly excited about it”.
Financial Times Front Page 23rd of November 2024
Northvolt’s chief executive has resigned following the decision to halt plans for a battery gigafactory in Europe, citing concerns over funding shortages and sustaining green energy initiatives amid prevailing economic challenges.
Financial Times Front Page 22nd of November 2024
The International Criminal Court has issued an arrest warrant for Benjamin Netanyahu, citing alleged actions in Gaza.
Financial Times Front Page 21st of November 2024
Ukraine has utilised UK-made missiles in operations targeting Russia, with support from Western allies, including the United States, sending additional military resources.