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Top Headlines from the UK Edition
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China turns against Nvidia’s AI chip after ‘insulting’ Howard Lutnick remarks
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| Comments by US commerce secretary trigger Chinese regulatory effort to stop tech groups buying H20 processors |
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Tech stocks slip as investors rotate towards defensive sectors
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| Concerns about durability of AI rally dent sentiment for second day |
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Gap between UK and Eurozone inflation at widest in nearly 2 years
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| Latest official figures underscore stubborn price pressures confronting the Bank of England |
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What are Rachel Reeves’ options for raising property taxes?
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| UK chancellor examines case for a ‘mansion tax’ that would be technically workable but politically combustible |
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Trump’s ambiguity is the worst of all worlds
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| He supports Europe enough to make it complacent but not enough to make it safe |
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Top Headlines from the International Editions
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Chinese ‘dim sum’ bond issuance on track for record year
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| Low interest rates make renminbi an attractive funding currency for multinational companies |
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Federal Reserve governor Lisa Cook says she will not be ‘bullied’ into resigning
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| Trump had called on central banker to step down after his ally accused her of falsifying mortgage documents |
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Russia says it must be included in any Ukraine security guarantees
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| Demand from foreign minister Sergei Lavrov would give Moscow an effective veto over efforts to defend Kyiv |
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The demise of the US bankruptcy lawyer
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| How financing attorneys became kings in a world of ‘creditor on creditor’ violence |
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Is Laura Loomer the Maga world’s Trump-whisperer?
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| The far-right influencer has no official role in the administration, but many find her impact baffling |
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Why Trump is really targeting India
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| Washington is singling out New Delhi in an effort to extract concessions in trade negotiations |
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UK ready to oversee insolvency of crucial part of Gupta’s Liberty Steel empire
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| Government’s Official Receiver files application to appoint ‘special manager’ if business goes into liquidation |
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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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North Sea operator calls for overhaul of UK windfall tax as oil prices slide
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| Ithaca Energy chair says levy not justified with crude prices almost half their 2022 peak |
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Figma rival Canva valued at $42bn as IPO rumours swirl
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| One of Australia’s most valuable technology companies kicks off employee share sale |
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Target shares drop as retailer picks insider to lead turnaround drive
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| Michael Fiddelke promises to restore ‘swagger’ at US chain when he succeeds veteran Brian Cornell |
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Valentino appoints fashion veteran Riccardo Bellini as CEO
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| Former head of Chloé’s last role was at Qatari fund that has a 70% stake in Italian label |
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Citi backs wealth head after hiring law firm to probe bullying allegations
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| Chief executive Jane Fraser recruited Andy Sieg to help drive the bank’s restructuring efforts |
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UK green power surges with record approvals for new renewable energy capacity
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| Rise in planning permission for projects reflects growing momentum behind Labour government’s clean power push |
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Meta inflated ad performance and bypassed Apple’s privacy rules, tribunal hears
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| Former product manager alleges social media platform misled marketers in push for revenues |
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What central bankers must tackle at Jackson Hole
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