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Top Headlines from the UK Edition
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Spying case collapsed after UK refused to label China a ‘threat’, prosecutors say
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| Crown Prosecution Service had charged two Britons with espionage offences |
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Banks to pay out £11bn for UK car finance mis-selling scandal, says regulator
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| Lower than expected FCA figure is still set to be one of the industry’s biggest compensation schemes |
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UBS fund holds 30% exposure linked to First Brands
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| Switzerland’s largest bank has multiple investments tied to bankrupt auto parts maker |
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Revolut co-founder Nik Storonsky shifts his residency from UK to UAE
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| Change in billionaire’s country of residence disclosed in Companies House filing |
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Trump’s tariffs won’t deliver many jobs
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| Nostalgia is not a strategy: the past cannot return |
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Top Headlines from the International Editions
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Gold price tops $4,000 for first time
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| Prices have doubled in less than two years as central banks stockpile bullion and investors pour in to gold funds |
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Tesla launches cheaper Model Y following end of US EV subsidies
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| New $37,990 ‘standard’ version is 15% less expensive than the previous base offering |
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State Street’s flagship S&P 500 ETF suffers record $32bn outflows
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| Investors flee SPY despite this year’s rally on Wall Street in search of cheaper alternatives |
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How AI became our personal assistant
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| New data shows the ways millions have integrated the technology into their everyday lives |
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The video torment of one Israeli hostage and his family
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| Some in Israel want Hamas footage of captives censored. Evyatar David’s family wants the world to see his suffering |
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Vietnam upgraded to emerging market status by FTSE Russell
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| Change in classification by index provider set to bring in billions of dollars of investment |
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Japanese stocks blossom ahead of time
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| Sanae Takaichi’s surprise weekend Liberal Democrat party victory offers a fresh narrative |
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UK pledges to defend steel industry after EU says it will raise tariffs to 50%
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| Brussels also plans to cut amount that can be imported tax free which would be ‘terminal’ for British companies |
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Goldman executive says retail rush into private assets is raising risks
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| Fund managers are under pressure to deploy capital quickly and could buy bad assets |
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What is happening in France may not stay in France
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| Bond markets are losing patience with political paralysis |
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AstraZeneca blood pressure drug succeeds in late-stage trial
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| Baxdrostat meets goals for patients with resistant hypertension and may generate sales of $5bn a year |
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China is on the move for Golden Week. But are tourists spending?
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| From Shanghai Disneyland to gambling hub Macau, holiday travellers are wary about state of economy |
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UK must tackle daily shoplifting ‘war’ on its high streets, says Iceland boss
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| Thefts are costing frozen food retailer £20mn a year that could be invested in its shops, says Richard Walker |
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BMW cuts profit guidance after weak sales in China
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| German carmaker also highlights higher than expected tariff costs |
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AI slop is coming for your music
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| The music industry must plan for the day when AI music-generation tools produce humanlike music in bulk. |
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Japan’s next PM needs Takanomics, not Abenomics
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| Sanae Takaichi must adapt the economic policies of her mentor to today’s tasks |
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