AI era requires ‘totally different’ approach to regulation, says FCA boss
Pace of change requires ‘different relationship between regulator and regulated’, Nikhil Rathi tells FT conference
Economic news
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Glencore slashes 1,000 jobs as part of cost-cutting drive
Swiss company also unveils plans to double copper production over next 10 years
Russia strengthens financial ties to China with first renminbi bond
Country’s $3bn ‘dim sum’ bond will help finance war in Ukraine and could lead to many more
Trafigura says China oil demand to hit multiyear low in 2026
Commodity trader says growth in India will overtake that in China for first time
Vulcan Energy secures funding for major lithium project for EV batteries
Financing package worth $2.6bn will help create about 500,000 EV batteries for carmakers over a decade