Bank of Japan ditches negative rates

Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied to move their headquarters to rival nations.

Mentioned in this podcast:

Microsoft hires DeepMind co-founder Mustafa Suleyman to run new consumer AI unit

Bank of Japan ends era of negative interest rates

Unilever to split off ice cream business and cut 7,500 jobs

Rival nations seek to poach top UK and European AI start-ups

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

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