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This article is an onsite edition of the FirstFT newsletter. Subscribers can sign up for the Asia, Europe/Africa or Americas edition to receive the newsletter every weekday morning. See all newsletters here.Good morning. We start the week with exclusive news about Russia’s stalled attempts to conclude a major gas pipeline deal with China.Moscow’s efforts have stalled over what it considers to be unreasonable Chinese demands on price and supply levels, according to three people familiar with the matter. China wants to be paid closer to Russia’s heavily subsidized domestic prices and has pledged to buy only a tiny fraction of…
As the night went on, Mexico City’s main square, the Zócalo, gradually filled up with Scheinbaum’s supporters. By nightfall, crowds had yet to gather in Mexico City’s main square, the Zocalo.In the square The leading candidate, Claudia Scheinbaum, The crowd that had gathered to celebrate her victory was pumped by music blaring from the speakers rather than the hum of the crowd that had yet to arrive. Mexicans gathered in the plaza late into the night to celebrate. The ultimate victory of her political leader, the president Andres Manuel Lopez Obrador.Throughout the campaign, Scheinbaum He failed to generate the same…
CNN — The political spotlight in a presidential election engulfed in unprecedented legal drama will shift this week from the criminal trial of a former president to that of the sitting president’s son, as the race enters a fierce new phase. Four days after presumptive Republican nominee Donald Trump was convicted of 34 counts in a hush-money trial in New York, President Joe Biden’s son Hunter is facing federal firearms charges in Wilmington, Delaware. The trial is sure to be a moment of intense personal anguish for the president, and comes as he seeks a political breakthrough after weeks of…
Credit: Yurii Kibalnik/Adobe Stock A federal judge in Newark, New Jersey, has ruled that the COVID-19 pandemic is a single event for purposes of determining payouts to policyholders under infectious disease business income insurance coverage. U.S. District Judge Jamel Semper rejected arguments by the Count Basie Theatre, a nonprofit in Red Bank, New Jersey (the policyholder), that a series of executive orders by New Jersey Governor Phil Murphy closing entertainment venues during the pandemic each counted as a separate event and covered Zurich American Insurance Co.’s $100,000-per-event award. The judge also rejected the theater’s argument that it was entitled to…
Trend Micro announced on Sunday that it is collaborating with AI chip giant Nvidia to develop new artificial intelligence-powered cybersecurity tools to protect AI data centers. Trend Micro plans to unveil the tools on Sunday at its Computex conference in Taiwan. The tools are designed to help ensure that only those authorized to access data can see it and to detect intrusions. The tools are designed to run on Nvidia chips. Many businesses are training AI systems to assist employees with HR and customer service-related tasks. But to make this happen, they often consolidate data from different departments within the…
The offseason was a time of transition for the Virginia Tech women’s basketball team, with three-time ACC Player of the Year Liz Kitley using up her eligibility to play in the WNBA, Kenny Brooks taking the head coaching job at Kentucky, All-American point guard Georgia Amoore and junior cornerback Clara Strzok both transferring to Kentucky, and Kayla King and Olivia Samiel finishing their collegiate careers. The Hokies then hired Marquette University head coach Megan Duffy to replace Brooks and lead the team into a new era, looking to build on Brooks’ winning foundation. Since then, Duffy has mainly inherited a…
Get your free copy of Editor’s DigestFT editor Roula Khalaf picks her favourite stories in this weekly newsletter.Amid rising trade tensions between Western governments and Beijing, Chinese companies are increasingly favoring investing in countries such as Vietnam and Mexico.At least 41 Chinese manufacturing and logistics projects were announced for Mexico in the year to March, while at least 39 were planned for Vietnam, according to the latest data from FDI Market, a subsidiary of the Financial Times.This is the highest number of projects announced in the two countries since FDI Intelligence began tracking foreign investment news and company announcements in…
“There are very few calls for peace in the countries of power, and given what’s happening in Gaza, we need those calls for peace now more than ever,” Sarandon said in the video, which has been viewed hundreds of thousands of times.”So I’m asking everyone to remember to cast your vote this June for either Clare Daly in Dublin or Mick Wallace in the South of Ireland.”The pair have become Ireland’s best-known politicians abroad, thanks to Mr Wallace’s distinctive pink shirts and unkempt grey hair, and Mr Daly’s fierce polemics against American hegemony and European Commission President Ursula von der…
Simone Biles improved on her record by winning the all-around title again at the U.S. Championships on Sunday night. (Elsa/Getty Images)Simone Biles has done it again.Biles won her ninth national all-around title Sunday night at the U.S. Gymnastics Championships in Fort Worth, Texas. She won gold medals in all four events, was nearly flawless throughout the tournament and is gearing up to compete in her third Olympic Games in Paris this summer.With her win in Texas, Biles has officially qualified for the U.S. Olympic Trials later this summer. She is the first gymnast, men’s or women’s, to win nine national…
As many as 21 events including public meetings, temple visits and road shows were held, with Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath shedding light during the 2024 Lok Sabha election campaign. As he accompanied Yogi Adityanath on temple visits and election rallies across Uttar Pradesh, PM Modi praised the law and order situation in the state. The 2024 Indian Lok Sabha elections were a marathon six-week contest held in seven phases from April 19 to June 1. Counting of votes for the 2024 Indian Lok Sabha elections will begin at 8 am on June 4.…