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[EN] Financial Times

Digital avatar of Jair Bolsonaro tests Brazil’s AI election rules

Lawyers for former president insist he did not authorise the projection following legal challenge from leftwing groups

MoD’s Afghan data leak was ‘foreseeable systemic failure’, say MPs

Soldier accidentally disclosed the personal details of 25,000 people who had applied for relocation to Britain

Summer slowdown ‘sharper than usual’ for UK property sales

Higher mortgage rates and economic uncertainty have led to a market favouring buyers, new data suggests

FT Crossword: Number 18,439

School IB psychology class: Is AI killing critical thinking in the classroom?

Cognition

Qualcomm posts shrinking sales and profits as chip costs hurt smartphone market

Net income falls 25% as higher memory chip prices hit device business

Meta shares tumble as Zuckerberg tries to sell his vision for AI ‘agents’

Social media chief defends strategy based on personalised bots as costs rise and revenue projections disappoint

FirstFT: US borrowing costs hit 19-year high after Fed holds rates steady

Also in today’s newsletter: Mark Zuckerberg says US should not ban Chinese AI and SK Hynix profits disappoint

Microsoft’s cloud business boosts sales as capex climbs to $41bn

Revenue in tech group’s intelligent cloud segment surges 32% to $39.3bn

Infantino defends $20bn Fifa commercial venture after mounting backlash

President of world football’s governing body says plan to sell stake to investors ‘is an opportunity and not an obligation’

US borrowing costs hit 19-year high as Fed defies inflation fears

Central bank stands pat on rates even as investors worry Trump’s Iran war will ignite jolt of price growth

Oil prices surge after Trump says Iran will ‘get a beating’ for missile attack

Washington says Tehran launched an attempted ‘surprise attack’ on US military installations in the Middle East

Airbus profits surge as jet deliveries rise

World’s largest planemaker hands over 237 aircraft as supply-chain snags ease

For sale: Saba repellent

You’ve got a nice trust there. Would be a shame if something happened to it

Split Fed decision to hold rates in July

The committee reiterated that it would ‘deliver price stability’ but chair Kevin Warsh provided little information as to how

Fauci invokes Fifth Amendment at fiery Senate hearing on Covid-19

Republican lawmakers threaten to hold scientist in contempt for failing to answer questions

Ex-Goldman executive awarded £1.45mn after paternity leave ‘stigma’

Jon Reeves lost his job after he took six months off to look after his baby

Social care reform is a test of UK politics

Efforts to fix England’s broken system must answer the question: who pays?

Reality bites for South Korea’s memory chip wonder-stocks

Even the most stalwart boom believer must now reckon with nuance

Takaichi warns of ‘race against time’ to rescue Japan earthquake survivors

Powerful tremor in Kumamoto prefecture has left at least 14 dead

US oil inventories fall to ‘precariously low’ level as Iran war disrupts supply

Decline could erode ability to supply Asian and European markets dependent on supplies from the Middle East

Greggs shares soar as baker defies fears of sausage roll peak

UK chain has continued its expansion in face of scepticism over continued appetite for its sausage rolls

France moves to expel pro-Kremlin TV personality

Xenia Fedorova features prominently on media owned by billionaire Vincent Bolloré

Nvidia’s chips may be novel, but its ‘circular financing’ isn’t

Chipmaker is basically writing cheques to enable its customers to buy more of its products than they could otherwise afford