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Sam Altman, founder of OpenAI, which makes ChatGPT, is poised to secure more than $10bn (£7.5bn) as the company prepares to abandon its long-standing non-profit status. OpenAI is considering giving Altman a 7% stake as it raises…

Stay informed with free updatesSimply sign up to the War in UkrainemyFT Digest -- delivered directly to your inbox.The European Commission is set to unfreeze €10bn of Hungary’s EU funds blocked over rule of law concerns on the eve of a…

The European Union has pledged to nearly double its funding for sustainable investment in Latin America and the Caribbean, as the bloc seeks to keep pace with China's rapidly growing presence in the region.On a visit to Brasilia on Monday,…

Asda is finalizing a deal to buy UK and Ireland sister company EG Group's petrol yards in a deal worth £3bn, allowing the supermarket to ramp up its shift into convenience retail. The companies are expected to formally announce the…