Central bankers sing from different hymn sheets
The timing and extent of interest rate cuts are now in the spotlight
Central banks
Hawkish ECB rate-setter says wage ‘slowdown’ key to timing of policy shift
March interest rate cut ‘highly unlikely’, says Belgian central bank governor Peter Wunsch
Central banks
How Microsoft’s multibillion-dollar alliance with OpenAI really works
ChatGPT-maker quietly clarifies that tech giant has no equity despite $13bn investment — but is in line to make big profits
Artificial intelligence
Leading tanker company warns it may divert from Red Sea trade route
Maersk Tankers seeks option to sail around Africa instead to avoid spate of attacks on merchant ships
Terrorism
Shell sells stake in Rosneft-owned refinery to Prax as it cuts Russia links
Oil major reduces global refining portfolio to focus on large sites integrated with chemicals and trading businesses
Mergers & Acquisitions
Campari/Courvoisier: Italian drinks maker makes spirited case for French brandy
Despite slowing sales, strong growth is expected long term led by increasingly wealthy Chinese consumers
Mergers & Acquisitions
Two die in separate accidents at Northvolt battery gigafactory in Sweden
Incidents cast shadow over Europe’s leading start-up in sector
Batteries
Top Fed official says talk of March interest rate cut is ‘premature’
John Williams, an ally of bank’s chair Jay Powell, says policy could still be tightened if progress on inflation stalls
Central banks
Paramount sale talks point to Hollywood post-streaming boom hangover
Century-old studio has held discussions to sell itself to Skydance and Redbird Capital
Digital Media, Mergers & Acquisitions
AI scientist Fei-Fei Li: ‘Maths is pretty clean. Humans are messy’
The China-born technologist on Silicon Valley’s ‘bro’ culture — and her mission to keep AI safe for humanity
Lunch with the FT, Artificial intelligence