Your browser does not support playing this file but you can still download the MP3 file to play locally. In the final episode of this season of Tech Tonic, we ask if the growing tensions between the US and China could split the world into two competing technological spheres. It has been dubbed ‘the great
Customers at the exclusive Shinsegae department store in the Gangnam district of Seoul prefer to display their wealth discreetly. But their high spending was exposed to the wider world when it revealed annual sales had topped $2bn in 2021 — the highest turnover for a single store in the world. It outpaced even Harrods in
Ascension beckoned for Li Qiang. Shanghai’s top official seemed only months away from securing one of the seven positions on the politburo standing committee, China’s most influential political body, as his longtime patron Xi Jinping prepared to secure a third term as leader in November. Yet in China’s most modern and one of its best-run
Two of the biggest landlords in the West End are in talks over a £3.5bn merger that would bring together some of central London’s best known tourist destinations under the ownership of a single company. Capital & Counties, which owns Covent Garden and the surrounding area, and Shaftesbury, which has a portfolio spanning parts of
In 2005, Fiona Rogers joined Magnum, the prestigious photography co-operative, as an unpaid intern. She spent 16 years there, working her way up to chief operating officer. Founded in 1947, Magnum has long been dominated by its white, male membership, although that is beginning to change. During Rogers’ time there, she became familiar with debates
At the start of Four Weddings and a Funeral, Hugh Grant’s character can’t remember at which of his friends’ weddings he has just turned up late. “Who is it today?” he asks caddishly, as he rushes into his pew. Personally, I’m not sure I ever went to so many weddings that I lost track of
US accounting regulators are discussing a potential deal with their counterparts in Beijing that could pave the way for American officials to inspect audits of Chinese companies, according to people briefed on the matter. A deal that would allow officials from the US Public Company Accounting Oversight Board access to the audits could help resolve
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The surging dollar has prompted some analysts and investors to forecast a new period of “reverse currency wars” as many central banks abandon a longstanding preference for weaker exchange rates. The new dynamic marks a departure from the period of low inflation that followed the 2007-09 global financial crisis, when historically low interest rates and
As supermarkets grapple with fraught supply chains and the highest food price inflation in decades, they are also facing another pressing challenge: predicting which of the many pandemic induced trends will endure. From panic buying and a surge in home deliveries, to a collapse in sales at city centre convenience stores, consumers have upended the
Just six years ago, Boris Johnson departed London’s City Hall as a popular mayor who had softened the party’s once toxic brand in the capital. But on Friday, Conservatives were left clinging on to only a few remnants of electoral power within the city as voters in key boroughs, concerned with the cost of living
Anyone reading your review of the book by Matthew Campbell and Kit Chellel, Dead in the Water (“Fire, fraud and murder”, Life & Arts, April 30), would suppose that the spectacular attempted fraud by the Greek shipowner who faked a Somali pirate attack on his own vessel was only exposed in London legal proceedings by
The repercussions of Elon Musk’s brand of “free speech absolutism” for Twitter have of late received much comment (“Musk, Twitter and the need to vet new media owners”, FT View, April 29). The EU’s internal market commissioner, Thierry Breton, went so far as to remind Musk of his need to comply with EU rules, a
Pilita Clark writes with her customary verve and clarity on the dangers ahead from climate inaction and special pleading by the corporate sector (“Magical thinking on fossil fuels endangers safety”, Opinion, FT Weekend, April 30). Separately, you report that resolutions demanding stricter fossil fuel financing policies at three big American banks were backed by only
While how art works indeed remains an enigma (Opinion, FT Weekend, April 23), neuroscience and Marcel Proust come to the rescue. Our brains (Jeff Hawkins: On Intelligence) use memory-based models to make predictions of future events, and the best art breaks some expected patterns while teaching us new ones. The artist (as Proust wrote of
The review of Adrian Duncan’s The Geometer Lobachevsky (Life & Arts, April 30) had me humming the classic 1953 song “Lobachevsky” by satirist Tom Lehrer: “Who made me the genius I am today/The mathematician that others all quote?/Who’s the professor that made me that way/The greatest that ever got chalk on his coat?/One man deserves
I enjoyed Simon Kuper’s piece on how to survive a conference (“How to survive a conference: don’t say things that are obviously true”, Opinion, Magazine, FT Weekend, April 30). My own pet conference peeve is when a member of the audience stands up, ostensibly to ask a question and instead makes a speech. I recall
In “The billable hour is a trap more and more of us are falling into” (Magazine, April 30) I was a little puzzled by Tim Harford’s last point that “there is a distinction between working and not working” which is worth sustaining. True enough if you need to bill a client, perhaps. But what about
Thank you Camilla Cavendish for, yet again, another common sense article, this time on the age taboo (Opinion, FT Weekend, April 23). Former Chrysler boss Lee Iacocca was certainly right, there are 40-year-olds who act like 80 and vice versa. As someone nearing the latter I am apoplectic at the lack of respect shown to
Boris Johnson will face renewed pressure on his leadership on Friday after the Conservatives suffered significant defeats in local elections across the UK, including losing the flagship London council of Wandsworth. Labour won the borough beloved of former prime minister Margaret Thatcher for its ultra-low local tax rates after 44 years in Tory hands, but