Headlines

China unveils plan to ‘vigorously boost’ weak consumption

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China has announced a plan to revitalise domestic consumption as President Xi Jinping’s government battles to reverse weak confidence and deflationary pressures in the world’s second-largest economy. The government will “vigorously boost consumption” and “expand…

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Alphabet spins off laser-based internet project from ‘moonshot’ hub

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet is spinning out laser-based internet company Taara from its “moonshot” incubator, hoping to turbocharge the start-up that provides high-bandwidth services to hard-to-reach areas in competition with Elon Musk’s Starlink network of satellites. Taara is…

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