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Top Headlines from the UK Edition
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Labour MP threatens Starmer with leadership challenge after election rout
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| Catherine West says she has 10 backers as deputy leader Lucy Powell warns challengers not to provoke a contest |
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Tenerife prepares to evacuate hantavirus cruise ship
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| Passengers with symptoms could be sent to isolation on the island, health officials warn |
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Gordon Brown returns to Number 10 as global finance envoy
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| Some bemused Labour MPs say appointment is a curious response to Labour’s election drubbing |
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Drone start-up Helsing set for $18bn valuation as investors pile into defence
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| German company backed by Spotify’s Daniel Ek set to raise $1.2bn in latest funding round |
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Tory election losses cast doubt on Badenoch’s confidence
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| The wide electoral appeal that once propelled Boris Johnson to power continues to be dismantled by Reform UK and the Liberal Democrats |
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Top Headlines from the International Editions
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US imposes sanctions on Chinese companies for allegedly helping Iran
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| State department says groups provided satellite imagery that enabled Tehran to strike American forces in Middle East |
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New York Stock Exchange to open private members’ club on Wall Street
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| Exclusive social hub planned for renovated vault as NYSE competes with Nasdaq for lucrative tech IPOs |
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The glory of low expectations
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| They are the key to happiness — and not a matter of choice |
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The Iranian ‘mosquito fleet’ taking on the mighty US Navy
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| Tehran’s hundreds of small, fast boats are vital in maintaining its stranglehold on global energy markets |
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Trump, Xi and the bid for a ‘grand bargain’ between superpowers
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| As the US president prepares to visit Beijing, America no longer holds all the cards — but China knows it must tread carefully |
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Iowa pension chief resigns amid concerns about performance figures
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| Former risk officer alleges executives used misleading benchmarks and risk measures to improve results |
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Chart of the Week: The narrow ceasefire rally
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| Little love for the S&P 500’s gains |
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Europe’s €14tn cash pile benefits banks not retail investors, BlackRock warns
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| World’s largest asset manager says governments must address under-investment of retail money in capital markets |
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Retail investors turn away from commercial property holdings
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| Rising interest rates and lower demand have hit returns in the past decade |
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How to build a ‘gilt ladder’
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| Could a collection of low-yield government bonds help you fund future spending needs? |
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WHSmith’s new owner makes a contrarian bet on the UK high street
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| Modella Capital plans to cut as many as 150 WHSmith stores out of the 480 it acquired and bring in new goods and services |
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Standard Life and CVC square the circle on defined-benefit pensions
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| There are more than £1tn of assets sitting in UK retirement schemes that could be picked up in risk transfer deals |
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The sailors who keep ‘ghost’ tankers moving
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| Working on an oil tanker under sanctions was a job like any other — until they ended up in the line of fire |
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UK housebuilders scale back as Iran war and interest rates mute demand
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| Cuts to earnings guidance and land purchases cast doubt on whether government will meet 1.5mn new homes target |
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The worst team in the NBA is perfectly happy to lose
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| The Washington Wizards have been ‘tanking’. It may help them secure one of basketball’s next great players |
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Hendrix and the curse of the charismatic frontman
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| A recent court case over the rights to the rock star’s catalogue highlights the struggles of musicians seeking their due |
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Who are the tastemakers now?
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| Few influencers have the same cultural gravitas as the late American heiress Bunny Mellon |
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We are living in the age of the middleman
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| Special envoys are the new peacemakers precisely because they are unburdened by diplomatic expertise |
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The places where we seek wisdom
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| In a world seemingly obsessed with youth, we can easily miss the gifts that come from our elders |
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Why are foreigners flocking to make wine in England?
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| Producers from Burgundy, and further afield, are getting increasingly experimental |
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A morning with Shoair Mavlian, director of The Photographers’ Gallery
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| How to survive — and thrive — as an arts organisation at a time of AI imagery, funding cuts and ‘woke’ backlash |
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