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Top Headlines from the UK Edition
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China’s leaders hunt for strategic gains from US quagmire in Iran
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| Beijing hopes Washington’s redeployment of forces from Asia will further tip regional balance of power |
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SoftBank tests its own borrowing limits with $30bn bet on OpenAI
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| Masayoshi Son faces investor nerves with massive spending on AI investments |
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Middle East war live: Iran contradicts Donald Trump and says no direct talks to end war
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| US president postpones possible attacks on energy infrastructure after hailing ‘productive’ discussions with Tehran |
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Markets wrong on UK interest rate rises, say economists
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| Forecasters argue a weak economy will prevent the energy shock fuelling persistent inflation |
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Netanyahu is gambling with Israel’s future
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| Perpetual war and fading American popular support is a formula for disaster |
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Top Headlines from the International Editions
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Dubai’s Indian expatriates hunker down amid Gulf conflict
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| Deep historic links and economic necessity underpin immigrants’ desire to see out the war |
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Apollo caps investor withdrawals from flagship private credit fund
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| Investor uncertainty intensifies as AI impacts on the enterprise software industry emerge |
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Estée Lauder in talks to combine with Jean Paul Gaultier owner Puig
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| Tie-up between US and Spanish groups would create a $40bn beauty giant |
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Pakistan steps up as go-between in Trump’s Iran crisis
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| Military strongman Asim Munir uses Tehran ties and warm relationship with US president to boost mediation effort |
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OnlyFans owner Leonid Radvinsky dies at 43
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| Ukrainian-American billionaire bought majority stake in controversial porn streaming platform in 2018 |
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After the endgame, a levelling down
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| Capital stacks, or stacked capital requirements? |
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Traders placed $580mn in oil bets ahead of Donald Trump’s social media post on Iran talks
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| Thousands of Brent and WTI contracts changed hands 15 minutes before president’s message on Truth Social |
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Markets rebound after Donald Trump postpones attack on Iranian energy
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| Stocks reverse losses and oil tumbles after US president says there have been ‘constructive’ talks with Tehran |
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US to pay Total $1bn to switch from wind to oil and gas development
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| Deal comes as Donald Trump faces pressure to limit energy price increases triggered by Iran war |
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Elon Musk verdict suggests US shareholders are stepping into the regulatory void
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| The ruling against him may suggest the judicial system is leaning into its expanded role in securities law enforcement |
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US must suspend Nvidia AI chip exports to China, senators say
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| Lawmakers call for commerce department to suspend licences that let company send advanced semiconductors to south-east Asia |
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Companies will have to pay UK supplier invoices within 60 days or face fines
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| CBI praises legislation aimed at protecting small businesses for striking ‘the right balance’ |
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AI child abuse images surge as watchdog warns of criminal misuse
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| Offenders exploit new technology to mass-produce increasingly violent illegal material |
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Gilead Sciences buys autoimmune biotech Ouro Medicines for $2.2bn
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| California-based drugmaker takes advantage of surging share price to strike takeovers |
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Italy’s mail-to-telecoms national champion gets a thumbs down
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| Poste Italiane’s €10.8bn bid looks unenticing for Telecom Italia’s investors — it should try harder to bring them onside |
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The other Trump foreign adventure
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| US president looks for regime change in Cuba |
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The BBC is a victim of benign neglect
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| It is time for a director-general with bold thinking in this age of disruption |
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The politics of cricket in Pakistan
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| Tuning in to watch the country’s once-vaunted national team lose has become a mandatory, if masochistic, ritual |
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Gilts: blame the hedge funds?
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| No one’s doing it like the Brits |
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Trump’s Iran playbook was written in the 1980s
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| From oil threats to ultimatums, the US president has a decades-old view of how to confront Tehran |
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The ghost bankers haunting the City
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| Unable to leave the financial district, some senior staff appear to be working long after handing in their pass |
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Memo from Paris: controversy and gastronomy at France’s biggest farm show
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| Despite the absence of cows this year due to disease concerns, the annual Salon International de l’Agriculture still dazzled with other livestock, as well as the finest regional flavours |
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