Financial Times – March 13,

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Headlines

Intel names new head after sudden departure of Pat Gelsinger

Starmer will target the "cottage industry of blockingers" in a revamp of regulators

- US regulator retracts request to delay Amazon Prime's trial

- Harold Hamm’s Continental Resources expands in Turkey to develop oil resources

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Intel named Lip-Bu Tan, a former board member who has worked in the chip industry for many years, as its new CEO on Wednesday. Pat Gelsinger was ousted by the board of the struggling U.S.-based chipmaker back in December.

Keir starmer, the British Prime Minister, will pledge on Thursday to reshape government services by tackling a "cottage-industry of checkers and blocks" and using AI to achieve efficiencies. However Downing Street has insisted that he won't take a "chainsaw" to state.

The U.S. Federal Trade Commission retracted its request to delay a trial in its high profile case against Amazon's Prime Service, rejecting the claim made by its own attorney that there were resource limitations.

Turkish National Oil Company TPAO signed a joint-venture agreement with U.S. producer Continental Resources for the development of shale in Turkey's Diyarbakir Basin. (Compiled from Bengaluru Newsroom)

(source: Reuters)