Will there be enough cables for the clean energy transition?
The trade of renewable electricity will help countries phase out fossil fuels. But demand for the infrastructure is outstripping supply
Renewable energy, Electric vehicles
Travellers hit the skies even as ticket prices and temperatures soar
Companies rely on ‘resilient consumer’ as post-pandemic cross-border spending jumps
Travel & leisure industry
Don’t annex the X!
Elon Musk’s rebranding of Twitter is a linguistic land-grab
Social Media
Bank of Japan bond yields surge to 9-year high after monetary policy change
Also: High Court rules Ulez expansion legal, airlines report record profits, and Donald Trump faces further accusations
Central banks
Can tech companies police themselves on AI?
The industry and legislators will have to work together on reducing risks
Artificial intelligence
Worldcoin Foundation swims against the crypto tide
Plus, an update on Sam Bankman-Fried’s evolving charge sheet
Fintech
FedNow, capital kanban and the art of discouraging bank runs
Too fast too usurious
Fintech
Hermès bucks US luxury slowdown as sales soar 22%
French group helped by strong performance in North America in contrast with rival LVMH
Luxury goods
Ben Bernanke to lead Bank of England review into forecasting
Appointment of former Fed chair follows criticism of UK’s central bank for failing to predict persistence of inflation
Central banks
Historian Tim Snyder: ‘Our misreading of Russia is deep. Very deep’
The Yale professor on why the west got Putin wrong — and what the past tells us about the war in Ukraine
Lunch with the FT