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The Indian rupee closed higher on Monday, buoyed by gains in Asian currencies that pushed the rupee to a two-week high.The rupee rose to close at 83.87 against the US dollar, up from Friday's close of 83.94, and hit 83.85 during the trading session, its highest since August 6. The rupee was volatile throughout the day, having been pulled back from a two-week high by dollar buying bids from importers, before regaining strength towards the end of the session. Despite Monday's gains, the rupee's recent gains have been largely modest due to outflows from domestic equities and strong dollar demand…
Get your free copy of Editor's DigestFT editor Roula Khalaf picks her favourite stories in this weekly newsletter.AMD has agreed to buy artificial intelligence infrastructure group ZT Systems in a $4.9 billion cash-and-stock deal, expanding a string of AI investments by the chip company as it aims to challenge market leader Nvidia.The California-based group said the acquisition would accelerate adoption of its Instinct series of AI data center chips, which compete with Nvidia's popular graphics processing units.ZT Systems, a private company founded 30 years ago, builds custom computing infrastructure for the largest AI “hyperscalers,” which don't disclose their clients, but…
Although popular investor, entrepreneur and author of the bestselling personal finance book “Rich Dad Poor Dad,” Robert Kiyosaki, continues to warn against fiat currencies and traditional banks, he has made no secret of his inclination towards more alternative forms of investment, including cryptocurrencies. Indeed, Kiyosaki has long been opposed to storing savings in banks, viewing the banking system as “corrupt” and prone to financial panics, and has expressed growing frustration with people's reluctance to invest in cryptocurrencies, highlighting his own interest in three specific digital assets. #1 Solana (SOL) One of Kiyosaki's favorite assets in the cryptocurrency market is Solana…
Liquid Intelligent Technologies (Liquid), a business unit of leading technology group Cassava Technologies, announces a strategic partnership with American connectivity innovator Globalstar to provide advanced 5G connectivity solutions across Africa, the Middle East and the Gulf region. Strive Masiyiwa, founder and chairman of Liquid Intelligent Technologies, said: “I'm really excited about the connectivity solutions that are emerging from advancements in 5G private network technology. This technology will enable us to provide services to large enterprises such as mining with their own 5G private networks, and also enable next generation services such as AI, which is huge.” The partnership gives Liquid…
This article is an onsite version 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, Today's Newsletter contains:Ukraine blows up bridge to strengthen position in Russia's Kursk region In an interview with the Financial Times, a senior Fed official supports “gradual” rate cuts Democratic National Convention kicks off today as Democrats defend Kamala Harris' unpopular economic plan But first, we look at the alarming increase in the failures of US startups, up 60 percent over the past year. According to data from…
1 / 3 Show Caption + Hide Caption – Morgan State University Reserve Officer Training Course cadets Deandre Wright (far left) and Kansas State University's Abi Clark (far right) learn about on-site quality assurance operations while checking on the construction progress of the Rhine Ordnance Barracks Medical Complex in Germany, July 26, 2024. Wright and Clark interned with the U.S. Army Corps of Engineers Europe District through the U.S. Army Corps of Engineers-sponsored ROTC Engineering Internship Program. (Photo) (Photo courtesy U.S. Army) View Original 2/3 Show caption + Hide caption – Reserve Officer Training Course cadets DeAndre Wright of Morgan…
Young people's mental health has worsened nationwide since the pandemic began, and Ohio is no exception.A 2022 survey found that one-third of Ohio students reported suffering from an anxiety disorder, and more than 100,000 high school students reported experiencing depression.But there is a silver lining: Ohio has more school-based mental health resources than it did seven years ago. The number of partnerships between community behavioral health centers and schools has more than doubled since 2017, according to the Ohio Council of Behavioral Health and Family Service Providers. Last year alone, the state saw a roughly 20% increase in the number…
At one time, the adoption of serverless platforms seemed beyond their comprehension. After some notable success stories, such as Capital One's “serverless first” strategy, the hype seemed to be dying down. This is in part because serverless has always struggled with a vague definition. Despite the lack of infrastructure and application servers, developers have had to have some understanding of operating within a cloud-native platform. According to Google search metrics, the evidence is clear. Around 2020, there was a significant drop in public interest in serverless platforms. However, in 2022, we began to see an interesting upward trend, and today,…
Nazar Babenco's journey from lifestyle blogger with 16 million followers on Instagram to online selling guru is a story of vision, adaptability, and the relentless pursuit of excellence. Known for his authentic content and relatable personality, Nazar first captured the attention of millions as a lifestyle influencer. But his journey didn't end there. Leveraging his deep understanding of digital marketing and consumer behavior, Nazar has parlayed his influence into a thriving career in online selling, and now mentors both startups and established businesses to achieve remarkable success in the digital marketplace.Image: https://www.getnews.info/uploads/dae064466d5d233bc190f0da02ec9857.jpegThe rise of lifestyle influencersNazar Babenco began his career…
The world is getting hotter. Could moving England's trees north help save them? | Trees and Forests
A stork builds a shaggy nest atop an old oak tree on the Knepp Estate in East Sussex. Storks made headlines in 2020 when they hatched their first chicks in the UK after being absent for centuries. They are one of many species, along with bison, beavers and white-tailed eagles, that have been reintroduced to the UK in recent decades as part of efforts to reintroduce animals to ecosystems where they had been extinct. In contrast, the oak tree has been here for 12,000 years.But ecologist Charlie Gardner worries that one of them may not survive on the land: the…