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Good morning from the Financial Times.

Today is Friday, July 14th.

This is your FT News Briefing.

The UK has invited Saudi royalty to visit,

and US regulators are going after one of the hottest artificial intelligence companies in the market.

Plus, young people in China are having a hard time finding jobs.

Our Beijing Bureau Chief talks about how graduates are dealing with the problem.

I'm Mark Filipino, and here's the news you need to start your day.

The UK wants Saudi Crown Prince Mohammed Bin Salman to come to London this autumn,

a visit from MBS shows that Britain wants to bring in more investment from the oil-rich gulf.

Prince Mohammed's last visit was in March 2018, six months before Saudi agents killed journalist

Jamal Khashoggi. A visit this fall would be another sign that Western countries are moving past

something that used to be a huge sticking point. The schedule for MBS's trip is still being

finalized, but sources told the FT that the idea is firm to visit in October or November.

One UK government official said that the timing is really up to the Saudis,

given that, quote, we need them more than they need us.

As China emerges from three years of COVID-19 restrictions, young graduates who don't have jobs

are bearing the brunt of a lukewarm economy. The FT's Beijing Bureau Chief,

Joe Lehi, is here with me now. He's been talking to some of the people struggling to find a

well-paying job. So, Joe, how bad is China's youth unemployment rate? China at present has a record

...