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Top Headlines from the UK Edition
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Labubu frenzy sends Pop Mart profits soaring
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| Chinese toy company’s better than expected results may allay analysts’ concerns over sustainability of its sales surge |
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US tech stocks hit by concerns over future of AI boom
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| Warning from OpenAI’s Sam Altman and MIT paper puncture Wall Street’s enthusiasm |
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Reeves explores reform to capital gains tax on expensive houses
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| UK Treasury considers overhaul of property levies as ministers confront a hole in the public finances of at least £20bn |
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Jay Powell to deliver Jackson Hole address under fire on multiple fronts
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| Federal Reserve chair is under bombardment from Trump and battling an insurgency within the central bank |
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The UK immigration debate has become a hall of mirrors
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| Keir Starmer’s task is to deal with facts, not illusions, and restore public trust |
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Top Headlines from the International Editions
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BHP and Rio Tinto lobby Donald Trump over US copper mine after new delay
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| President calls opposition to Arizona project ‘anti-American’ |
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US drops probe of gun-sales payment company backed by Donald Trump’s son
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| CFPB suggests Biden-era investigation into Credova Financial was politically motivated |
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US in talks for a 10% Intel stake, White House says
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| Commerce secretary Howard Lutnick ‘ironing out the details’ of a deal, according to Trump’s spokesperson |
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‘On another level’: crypto industry hosts rival gathering in Jackson Hole
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| Fed governors and SEC officials join executives at event ahead of central bankers’ annual gathering |
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The glamorous but tough industry of luxury hotel uniforms
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| UK design studios that produce bespoke clothing for grand hotels face complex demands |
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SoftBank held talks with Intel on buying contract chipmaking business
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| Japanese group’s approach comes as US manufacturer struggles to attract customers and compete with rival TSMC |
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Tether hires former head of Trump’s crypto advisory council
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| Bo Hines joins world’s biggest stablecoin issuer as strategic adviser |
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European defence rally falters on Ukraine ceasefire talks
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| Share prices fall as Trump vows to involve Zelenskyy in peace discussions with Putin and Kyiv promises to buy US weapons |
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Peabody pulls out of $3.8bn Anglo American coal deal
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| Withdrawal triggered by ongoing closure of major mine in Australia deals blow to Anglo’s restructuring drive |
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BHP posts lowest profit since start of pandemic
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| Miner’s poor performance driven by falling iron ore and coal prices |
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Smartphone makers must do more to protect children, UK safeguarding minister says
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| Jess Phillips targets handset manufacturers after introduction of age verification rules to access adult websites |
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Sanex advert banned over racial stereotyping
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| UK watchdog says the ad from Colgate-Palmolive ‘could be interpreted as suggesting’ white skin is superior |
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Uncle Sam taking a stake in Intel is sane in an absurd world
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| For a president who likes to make deals, investing in the chip company makes sense |
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Good COP, worse COP
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| A clamour to rethink global climate policy is exactly what we need |
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Home Depot sales rise in sign of US consumer resilience
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| Robust demand comes despite lingering high interest rates |
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Putin is back in the driver’s seat on Ukraine
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| Moscow is seeking victory, not compromise, through diplomacy — and Trump is playing along |
