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Top Headlines from the UK Edition
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Elon Musk names former Morgan Stanley banker as new xAI CFO
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| Anthony Armstrong will take over financial management for both the AI group and social media platform X |
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France in fresh political and market turmoil after prime minister resigns
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| Sébastien Lecornu, who quit on Monday, is asked by Emmanuel Macron to quickly negotiate a stability plan |
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Jefferies earned undisclosed fees on First Brands ‘side letter’ financing
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| Lenders to bankrupt car parts group believe arrangement may have breached loan covenant |
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OpenAI targets 10% AMD stake via multibillion-dollar chip deal
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| Latest circular transaction aims to make ChatGPT maker central to the effort to build a huge AI infrastructure |
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The dangers of war in the grey zone
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| Russia’s resort to hybrid warfare is a sign of weakness. But it still requires a response |
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Top Headlines from the International Editions
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White House says it will take 10% stake in Trilogy Metals
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| Shares in mining company more than double on announcement from US secretary of interior |
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Donald Trump threatens to invoke 200-year-old Insurrection Act to deploy troops
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| Warning to use 19th century law comes as president faces legal setbacks in bid to put soldiers on streets of US cities |
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EY narrows US leadership race to three candidates
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| Big Four accountancy firm tries to move past turmoil triggered by abandoned split |
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JPMorgan replaces European banking boss who was doing job from New York
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| Filippo Gori will hand over to Conor Hillery and Matthieu Wiltz but remains co-head of global banking at Wall Street lender |
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‘Enormous fear’: Trump’s threats against George Soros chill US non-profits
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| Civil society groups funded by billionaire’s charitable foundation feel vulnerable to administration’s attacks |
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Brookfield raises $20bn in second energy transition investment fund
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| Canadian parent company to contribute heavily alongside UAE and Norwegian wealth funds |
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BHP says growing political interference threatens mining deals
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| Strategy chief Catherine Raw warns that countries’ push to control their natural resources complicates dealmaking |
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Reeves steps up efforts to secure more company listings for the UK
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| Chancellor to address JPMorgan tech event as she considers measures to encourage businesses to float in London |
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UK steel industry warns of ‘biggest crisis’ due to new EU tariffs
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| European Commission set to propose a levy of 50% on steel imports |
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Turkey’s Halkbank faces criminal charges after US Supreme Court rejects appeal
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| State-controlled lender accused of helping Iran evade economic sanctions and launder money |
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Software group Qualtrics to buy health-tech company Press Ganey Forsta for $6.7bn
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| Deal is latest in busy stretch for private equity-backed software and healthcare-focused technology businesses |
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US regional bank Fifth Third strikes $11bn deal to buy Comerica
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| Combined group will become ninth-biggest lender in America with $288bn in assets |
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Donald Trump says US truck imports to face 25% tariff from November 1
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| Announcement comes on eve of talks in Washington with Canadian Prime Minister Mark Carney |
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Private credit scepticism leaves rainmakers feeling blue
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| Failures of indebted, hitherto-unregarded companies have focused investors’ minds on signs of strain in credit market |
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Lawyer revolt disrupts multibillion-pound diesel lawsuit in London
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| Pogust Goodhead asks to step down as lead solicitor after staff departures and friction over hedge fund backer |
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Sam Altman has a new project: building AI Inc
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