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Fuel control switches to the engines of an Air India flight that crashed shortly after takeoff, killing 260 people, were moved from the “run” to the “cutoff” position moments before impact, a preliminary investigation report said Saturday. The report, issued by India’s Aircraft Accident Investigation Bureau (AAIB), did not offer any conclusions or apportion blame … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The engines on Air India flight 171 briefly cut off seconds after take-off, a preliminary report into the jet’s fatal June 12 crash has found. India’s Air Accident Investigation Bureau said in its report that … Read more
Nissan is recalling nearly half a million cars because of a flaw that could lead to engine failure. Some vehicle owners could receive new engines as a result of the recall. Nissan will determine how many engines are replaced after inspections by service technicians. Owners will be notified starting Aug. 25. Owners of certain Nissan … Read more
For more than a decade, China’s aspirational shoppers, spurred by a fast-growing economy and rising wages, snapped up products from cosmetics giants like L’Oreal, Estee Lauder, and Shiseido. Before the COVID pandemic hit, China appeared set to overtake the U.S. as the world’s largest makeup market. Those boom times are over, as more Chinese consumers … Read more
The same technology giants that helped drag the S&P 500 to the brink of a bear market in April are giving the recovery in US equities some legs. Nvidia Corp. put a bow on a better-than-expected earnings season for Big Tech last week by delivering a strong outlook for revenue, despite US restrictions on sales of its … Read more
Apple is looking at adding AI search engines from OpenAI, Perplexity, and Anthropic into Safari, Bloomberg reported on Wednesday. Eddy Cue, Apple’s Senior Vice President of Services, made the statement during his testimony in the U.S. Justice Department’s lawsuit against Alphabet. Cue’s disclosure was part of his testimony regarding Apple and Google’s estimated $20 billion-a-year … Read more
The seven Blue Origin-developed BE-4 engines ignited at the base of New Glenn, while the rocket was constrained on its launchpad in Cape Canaveral, Florida. Read More
In 2025, it will be commonplace to talk with a personal AI agent that knows your schedule, your circle of friends, the places you go. This will be sold as a convenience equivalent to having a personal, unpaid assistant. These anthropomorphic agents are designed to support and charm us so that we fold them into … Read more
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