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Preserved Egg roams Shanghai’s empty streets with a megaphone strapped to its back. The robot dog is about the size of a terrier and barks orders to residents: stay inside, wash your hands, check your temperature. On some nights, when city officials have ordered mandatory midnight Covid testing, Preserved Egg – the name is reference
Your browser does not support playing this file but you can still download the MP3 file to play locally. US president Joe Biden announced yesterday he would send $800mn in additional military aid to Ukraine, the FT’s John Paul Rathbone outlines Russia’s changing military strategy, and our US financial commentator, Robert Armstrong, unpacks the debate
Jay Newman was a senior portfolio manager at Elliott Management, and is the author of Undermoney, a thriller about the illicit money that courses through the global economy. In 1965, Ralph Nader wrote Unsafe at Any Speed, exposing a car industry that systematically stifled safety features. Over the past two decades, the industry that peddles
Norman’s Café in Archway, north London, is a modern take on a national institution: the great British greasy spoon. There are Formica tables and red gingham curtains. A chequered lino floor. A photo on the wall of Bobby Moore lifting the World Cup and blackboards with loads of things for under a tenner, including my
Amazon-owned Twitch has moved to ban several accounts on the livestreaming platform after research detailed how pro-Kremlin propaganda had spread on the network. Shortly after Russia invaded Ukraine, Twitch said it would move to “prohibit harmful misinformation actors from using our service”. But a report from the Tech Transparency Project detailed multiple accounts pushing pro-Kremlin
Boris Johnson suffered a fresh blow over the “partygate” scandal on Wednesday when his justice minister quit over “repeated rule-breaking and breaches of the criminal law” in Downing Street. Lord David Wolfson said he could not remain a minister following the revelations about Number 10 parties held during coronavirus lockdowns. Wolfson’s resignation came as senior
Bank of England regulators have warned lenders about “gaming the rules” with capital arbitrage transactions via their pension schemes, a move largely directed at Barclays, which has used such deals to boost its capital level. On Wednesday, the Prudential Regulation Authority released a strongly-worded statement criticising the use of “deficit reduction transactions with their defined-benefit
Microsoft was once the primary target of Big Tech antitrust cases, narrowly avoiding having to split into two companies at the end of the 1990s when it was taken to court for making it difficult for customers to uninstall Internet Explorer in favour of other browsers. The company eventually settled with the US Department of