The Gulf’s ambitious bet on AI

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The phrase “data is the new oil” has added meaning in the Gulf. Leaders in the region are investing heavily in artificial intelligence to diversify and modernise their fossil fuel-dependent economies. “Instead of exporting oil, … Read more

Starbucks should give up China for a mug’s game

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Starbucks shares received the equivalent of a triple shot espresso jolt when the company named Brian Niccol to spearhead a rebound last August. Ten months on, the caffeine buzz is fading amid growing signs that … Read more

Dust Storm Turns Australia’s Skies Orange

The skies of southern Australia turned a hazy orange this week as a dust storm reduced visibility, prompting health warnings and creating scenes reminiscent of an apocalyptic movie, rather than a late-autumn day. The storm was driven by powerful winds carrying dust from the drought-stricken ground of South Australia into the neighboring states of Victoria … Read more