Moving over to A Reader of the FT with address.@a-reader-ft.bsky.social Please follow. Thank you.

…why they were thought up in the first place: to attract people to the airline.

The lucrative business of airline loyalty schemes-As loyalty businesses become increasingly powerful profit centres for airlines, there are warnings that some businesses are forgetting…!@ftopinion @Philgeorgiadis.

RT @teddyschleifer: Elon continuing to move the goalposts . now talking much more about a $1 trillion savings goal, rather than the $2 tr….

UK-listed companies divert cash from dividends to buybacks-.the latest sign that a market long targeted by income-hungry investors is shifting towards returning cash to shareholders. @FT @EmDunks.

Wall Street’s AI ‘bubble’ echoes dotcom excesses, Ray Dalio warns-“The tech war between China and the US is far more important than profitability, not only for economic superiority, but for military superiority,” he told the FT. @FT @adamsamson.

…were operating more efficiently than previously, leading to emission savings. @kenza_brya74393.

Indonesia tests global carbon credits market linked to energy projects-These include a hydropower project as well as natural gas projects that the country said… @FT @AnanthalakshmiA.

…Brian West said. In 2022, the company had forecast $10bn in free cash flow either this year or next.

Boeing reports second-biggest annual loss after tough 2024—. The jet maker will start generating cash in the second half of 2025, although it is expected to report negative free cash flow for the full year, chief financial officer… @FT @Claire_Bushey.

…its equity capital markets businesses outside Asia and the Middle East, the bank said in a memo on Tuesday. @OrtencaA57227.

HSBC to exit parts of investment banking business in UK, US and Europe—Europe’s biggest lender will close its mergers and acquisitions advisory and… @FT @kayewiggins.

…in the process, because we have no idea how to control systems more intelligent than ourselves,” Stuart Russell, professor of computer science at the University of California, Berkeley, said. “In other words, the AGI race is a race towards the edge of a cliff.” @CristinaCriddle.

OpenAI’s Sam Altman vows ‘better models’ as China’s DeepSeek disrupts global race—“Even the CEOs who are engaging in the race have stated that whoever wins has a significant probability of causing human extinction… @FT @MActon93.

…since a ceasefire agreement between two countries took effect in November. @malaika_tapper.

Israeli military to hold on to Syrian territory indefinitely—Defense Minister Katz’s announcement came as Israeli forces carried out some of the deepest air strikes inside Lebanon… @FT @JamesShotter.

Argentina loses last-ditch US battle to block $300mn seizure—The petition the Supreme Court declined to hear on Monday related to the proposed seizure of more than $300m that Argentina holds in the custody of the New York Federal Reserve. @FT @ciaraCnugent.

…It has leaned on the US, along with other countries such as France, to close a gap in military technology and preparedness with regional rival China. @AndresSchipani.

Donald Trump pushes India to buy more US weapons in trade rebalancing—Trump’s requests came as India, long the world’s largest arms importer, has been seeking to diversify its weapons suppliers beyond Russia… @FT @Krishn_.

…the Middle East and north Africa programme at Chatham House. But she said Trump’s demands touched on “real existential” questions for both Jordan and Egypt. @JamesShotter.