Stay informed with free updates by signing up for the World myFT Digest delivered to your inbox. The US Federal Reserve is expected to hold off on interest rate cuts until at least July 2024, according to leading academic economists polled by the Financial Times. The economists also expect the Fed to lower the rate from its current 22-year high of 5.25-5.5 per cent by just half a percentage point or less next year. The European Commission has proposed a three-year delay to tariffs that were due to hit electric vehicle sales between the UK and EU from January 1. Apple aims to have batteries for its latest generation of iPhones made in India, as part of its efforts to diversify its global supply chain and move manufacturing out of China. Elon Musk’s artificial intelligence start-up xAI is looking to raise $1bn in equity. The day rebels took Lumule, Uganda, Dennis Okwera was among the children who got ready for school that day.Read more about the article to know more. Sign up for the Asia, Europe/Africa, or Americas edition to get updates.

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