Andrey Melnichenko: ‘It’s pointless to talk about good and evil’
Russia’s richest man on war crimes, the fallout from sanctions — and how the invasion of Ukraine made him a ‘pariah’ in Dubai
Lunch with the FT
Direct Line to spend £30mn on refunds after overcharging customers
Payouts come after chief executive left this year following string of profit warnings and dividend cut
Financial & markets regulation
Home from holiday — but can you get your money back?
The enforcement of air passenger rights has been off the official radar screen for too long
Travel & leisure industry
The paradox of OpenAI’s bid to enter the corporate world
Broad-based ChatGPT for business launched but companies might need more focused products
Artificial intelligence
US should use chip leadership to enforce AI standards, Deep Mind co-founder says
Mustafa Suleyman says sales of Nvidia chips that dominate artificial intelligence should be tied to safe use pledges
Artificial intelligence
The paper trail revealing hidden Adani investors
Plus, the bizarre saga at Sculptor Capital Management and Microsoft’s fresh antitrust pains
Mergers & Acquisitions
Dial names set sail for year of the ‘boat watch’
Marquee events such as the America’s Cup and advances in timepiece-based nautical tech are spawning a wave of new models
Luxury goods
Piaget prospers as buyers feel pull of 1970s flamboyance
The brand is tapping into high demand for its watches from that era with new designs that pay homage to them
Luxury goods
How luxury brands became the face of cultural conservation
An increasing number of houses are funding the renovation of historical sites, at the same time promoting arts and crafts
Luxury goods
Deconstructed watch: Roger Dubuis Excalibur Spider Flyback Chronograph
Ever since the Richemont takeover, the watchmaker has majored on producing highly complex skeletonised and heavily-styled watches in small editions
Luxury goods