Emerging Markets: London AM: Reliance seeks retail dominance in India with comeback deal for Shein...

FINANCIAL TIMES   To view this email as a webpage, click here   FINANCIAL TIMES FINANCIAIL,   Friday, 26 May 2023   Emerging Markets   Reliance seeks retail dominance in India with comeback deal for Shein   Subcontinent’s biggest company will help Chinese fast-fashion group return with online licensing agreement   Yield-hungry investors push US money market assets to record $5.4tn   Low-risk cash vehicles absorbed tens of billions of inflows during a season of bank turmoil   US and China address trade tensions in rare high-level Washington visit   Gina Raimondo and Wang Wentao signal efforts to maintain dialogue despite clashes over chips   China’s car market has become a Darwinian battleground   Foreign makers have been caught out by speed of transition to electric vehicles and rapid rise of domestic rivals   EU gas demand expected to fall by more than Russian imports in 2023   Consumption cutting in five big economies drives most of the decrease   The other economic security threat from China   The west could find itself held back by a Chinese economy that’s too weak, not too strong   OpenAI: profits cap will no longer fit as capital surges in   San Francisco start-up’s popular AI-powered chatbot ChatGPT has spawned mass interest in AI tools   Saudi Arabia and Canada agree to restore full diplomatic relations   Rapprochement follows other efforts by Prince Mohammed bin Salman to improve Riyadh’s image   China hits back after Microsoft says state-sponsored group hacked critical US infrastructure   ‘Volt Typhoon’ campaign focused on gathering intelligence and espionage, according to US technology group   PSA: no one should care about the US credit rating   Wake us up when it’s SD* Feedback Manage portfolio Follow the FT Twitter Facebook LinkedIn Instagram   | My Account | RSS | | About Us | Help   © THE FINANCIAL TIMES LTD 2023. All rights reserved. You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Financial Times Group Limited (FT Group), registered office at Bracken House, 1 Friday Street, London EC4M 9BT. Registered in England and Wales with company number 879531.