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The US is gambling with its role as the world’s investment hub
If being overweight America is not the default option, it will upset the country’s economic equilibrium...
Are economists making themselves too useful in the AI boom?
The rush to collaborate with these tech companies comes with risks...
What does PwC’s China setback mean for the Big Four?
Hong Kong court allows liquidators of collapsed property group Evergrande to pursue the body at the centre of PwC’s glob...
Lisa Cook says Trump has no grounds to fire her over ‘inadvertent’ mortgage paperwork
Lawyers for the Federal Reserve governor deny any ‘intentional wrongdoing’ in response to president’s threats to dismiss...
Nvidia projects 70% sales growth next year as AI boom shows no sign of slowing
Chip giant’s data centre division grew 117% last quarter as clients race for computing power...
Anthropic agrees $45bn AI data centre deal with UK start-up Nscale
Claude maker is rushing to secure computing capacity to run and train its latest models...
‘We got attacked’: Canadians unite in fury against Trump’s latest tariff salvo
Washington’s aggressive trade stance prompts defiance from northern neighbour...
OpenAI says it took a week to detect its AI models had hacked Hugging Face
Start-up says AI agents communicated among themselves and sometimes tried to conceal efforts to cheat during testing...
Hundreds reported missing after flash flood on Nepal border with China
At least 160 people are confirmed dead and many local residents, foreign tourists, workers and security personnel remain...
What businesses can learn from Dollynomics
Parton will be remembered mostly for her records, but she was also an entrepreneur...
Vanguard and Victory Capital bet on scale as fund industry consolidates
Asset management deal volumes have reached $53.8bn this year, the highest since at least 1995 according to Dealogic...
Meta to pay up to $16.7bn to settle children’s social media harm case
Case relating to alleged failures of child protection was getting under way in California...
Mark Walter’s group insists there is no ‘fire sale’ and ‘no fraud’
TWG Global hits out at ‘multipronged attacks’ on investment empire, which has stakes in high-profile sports teams...
Iran war approaching Ukraine-style stalemate, says shipping boss
Freight rates remain at record highs while oil prices fall back on talks between Iran and Oman to reopen the Strait of H...
Liquidators can pursue PwC globally over Chinese property giant’s collapse, court rules
Hong Kong decision has potential to threaten Big Four firms’ partnership network model...
Bill Gates calls for ‘human reserved’ jobs to protect labour force from AI
Tech billionaire publishes 6,000-word essay warning the technology will usher in ‘one of the most turbulent times in hum...
Bessent’s bond intervention puts US Treasury on collision course with Fed
Increased purchases of debt threaten to undermine central bank chief Kevin Warsh’s bid to tame inflation...
Institutional investors back Blackstone and KKR funds for wealthy individuals
Shift by private equity’s traditional backers could threaten traditional 10-year fund model...
Berlin’s defence push draws global groups to set up shop in Germany
Companies from Norway, Finland and South Korea establish German offices to tap higher spending...
South Korea challenges China on Arctic trade route
Seoul hopes polar sea highway will reduce reliance on chokepoints such as Hormuz and revive ailing city of Busan...
Trump-backed candidate wins South Carolina primary
Darline Graham’s victory reinforces US president’s hold on the Republican Party ahead of November’s midterm elections...
US audit regulator scraps investor advocate role as Trump-era revamp accelerates
Public Company Accounting Oversight Board scraps office set-up under Biden administration to represent shareholders...
Syria’s Kurds dissolve military force and integrate fighters with Damascus
Merger with Syrian army is a step forward in push to bring country under central government control...
Foot Locker owner plunges after warning nervous consumers are cutting spending
Dick’s Sporting Goods shares slide after telling analysts that shoppers are cautious ‘due to the geopolitical environmen...
SpaceX commits $100bn to Louisiana space base
Elon Musk’s rocket conglomerate plans its second launch complex to support more Starship launches...
Iran and Oman edge towards deal on Strait of Hormuz
Interim proposal on managing shipping is first hint of diplomatic progress to reopen the waterway in weeks...
Iranian tankers gather off Sri Lankan coast
Cut off from home ports by the US blockade, ships seek shelter close to Sri Lanka’s territorial waters...
‘Embarrassing’: US officials recoil fromTrump’s Canada attacks
Deepening trade war between two long-term allies descends into insults and recrimination...
Store water and tinned food to prepare for emergencies, UK citizens to be told
Ministers step up work on ‘war book’ in push for resilience against extreme weather and cyber threats...
Another drone found at Leipzig airport as Germany warns of ‘unscrupulous’ attacks
Latest discovery made near scene where explosive-laden drone was uncovered on August 4...
OnlyFans owner received $700mn in dividends before his death this year
Streaming platform used by sex workers has 5mn creator accounts according to latest annual results...
Nvidia employee charged with smuggling advanced chips into China
Prosecutors identify Taiwan-based manager as ‘central figure’ in scheme involving US semiconductor maker’s AI servers...
JPMorgan eases approach on lending against shares to court AI’s new wealth
US bank shortened time horizon for SpaceX workers and investors to borrow against stock holdings and may do same for Ant...
SEC subpoenas Wall Street banks over Situational Awareness
Leopold Aschenbrenner’s AI-focused hedge fund nearly collapsed in July before striking a deal with Citadel...
US Supreme Court allows Trump restrictions on mail-in ballots
Justices lift decision to block president’s order to restrict eligibility to a new federal list of voters...
First Brands forced into liquidation by bankruptcy court
Federal judge in Texas said litigation trust plan floated by company and senior lenders ‘was unconfirmable under any cir...
Trump says US to increase tariffs on Canadian cars to 50%
Move marks further escalation of Washington’s trade war with Ottawa...
Scott Bessent threatens wider US sanctions on Iran’s economic partners
Treasury secretary warns of further measures in bid to increase pressure on Tehran...
Shipping industry warns small battery exemption increases fire risk on vessels
Container lines push regulator to change rules where laptops or power banks with batteries do not need to be declared...
Canadian businesses fear ‘vortex of downward pressures’ from Trump’s tariffs
Renewed trade war has inflicted pain and uncertainty on companies that deal with US...
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