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Top Headlines from the UK Edition
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US warns world will ‘decouple’ from China if it imposes new export controls
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| Scott Bessent says Washington will retaliate if Beijing proceeds with policy on rare earths and critical minerals |
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Rachel Reeves needs to fill £22bn hole in UK public finances, IFS says
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| Think-tank’s report raises pressure on chancellor to raise income tax at Budget on November 26 |
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UK government’s spy case testimony spoke of desire for ‘positive’ ties with China
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| Sir Keir Starmer’s administration has been under pressure over charges being dropped against two British men |
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The secretive First Brands founder, his $12bn debt and the future of private credit
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| Patrick James borrowed billions — even after presiding over a string of failed businesses |
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No need for a moral panic about the welfare system
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| It’s far from perfect, but the UK’s spending is broadly controlled and employment is high |
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Top Headlines from the International Editions
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Donald Trump says Narendra Modi pledged India would stop buying Russian oil
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| Move could ease trade tensions between Washington and New Delhi, which have been in a stalemate since August |
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Donald Trump says he is considering strikes on Venezuelan soil
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| The US president also authorises CIA to conduct covert operations in the country |
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Bank of America and BNY sued over financial ties to Jeffrey Epstein
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| Victim claims BofA ‘participated in and financially benefited’ from late financier’s sex-trafficking operation |
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Bill Ackman donates $1mn to oppose Zohran Mamdani’s NY mayoral campaign
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| Hedge fund billionaire in last-ditch effort to stop democratic socialist frontrunner in race for city hall |
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How the battle over leaf blowers became a front in US culture wars
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| Advances in battery technology could make complaints about noisy devices a thing of the past |
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US Treasury arranging fresh $20bn in debt market support for Argentina
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| Facility builds on previously announced $20bn swap line as Washington seeks to boost libertarian ally Javier Milei |
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UK proposes compensation scheme for victims of China bitcoin fraud
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| Crypto haul is at the centre of a High Court battle over a seizure of bitcoin now valued at £5bn |
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US approves new bank backed by billionaires with ties to Donald Trump
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| Target market for Erebor will be businesses that are part of America’s ‘innovation economy’ |
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Trump’s gamble on Argentina
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| The US administration is backing an ally’s misguided exchange rate policy |
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Morgan Stanley overtakes arch-rival Goldman Sachs in equities trading
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| Revival in core Wall Street businesses powers forecast-beating results across America’s biggest banks |
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EY revenue rises as AI consulting offsets slowdown in deal work
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| Big Four firm’s Parthenon business combining executive strategy with due diligence on deals shrank 0.4% globally |
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UK energy bosses sound warning over rising household bills
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| Octopus Energy, EDF and E.On executives challenge Labour’s pledge to reduce energy costs |
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Austrian property tycoon René Benko sentenced to two years in jail
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| Fraud trial likely to be first in a series of cases related to the collapse of real estate group Signa |
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Patrick Drahi rejects €17bn offer for most of Altice France
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| Rivals Orange, Bouygues and Free had proposed buying and carving up SFR in major consolidation of French telco market |
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The stage is set for luxury’s long-awaited upswing
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| LVMH’s third-quarter sales provided evidence of a turnaround in the sector’s fortunes |
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COP must take environmental crime seriously
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