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Top Headlines from the UK Edition
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Retail investors flock to gilts in first two weeks of 2025
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| Platforms report surge in sales to take advantage of CGT exemption |
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Israeli cabinet to meet Friday on Gaza ceasefire deal
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| US maintains agreement will go into force before Donald Trump takes office |
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How Donald Trump swung the Gaza ceasefire deal
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| After months of deadlock, the US convinced Netanyahu it was time for Israel to make concessions |
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BP axes 4,700 jobs in cost-cutting drive
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| UK energy major under pressure from shareholders to turn around its performance |
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Citigroup racks up £1bn bill for Canary Wharf tower refit
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| Expected cost of renovations come on top of £1.2bn bank spent buying skyscraper in 2019 |
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Top Headlines from the International Editions
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Morgan Stanley earnings jump on trading and dealmaking boom
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| Wall Street rivals also notched up strong gains in markets and investment banking revenues |
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Chinese citizens’ doubts grow over official economic growth claims
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| Government expected to announce GDP expanded about 5% in 2024 but many feel economy is in recession |
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Pension funds dabble in crypto after massive bitcoin rally
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| Interest from typically conservative schemes has grown following launch of US crypto ETFs |
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Joe Biden says ‘oligarchy’ emerging in US in final White House address
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| President echoes Dwight Eisenhower to warn against rise of ‘tech industrial complex’ and misinformation |
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Short seller Nathan Anderson to shut down Hindenburg Research
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| Firm behind high-profile bets against groups from India’s Adani to US’s Super Micro to disband |
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Donald Trump’s Treasury pick says unwinding tax cuts would spark ‘economic calamity’
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| Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oil |
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American Express to pay $230mn to resolve deceptive marketing allegations
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| US justice department says company misrepresented tax benefits, card rewards and fees to small businesses |
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Trump’s ‘energy tsar’ says US will lose ‘AI arms race’ without fossil fuels
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| Doug Burgum claims American reliance on renewable energy will hinder national security and boost China |
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UK watchdog scrutinises investment trusts’ battle with US hedge fund
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| FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votes |
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Apple CFO denies company enjoys 75% margin on its App Store
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| Kevan Parekh gives evidence in London court case where iPhone maker is accused of abusing a dominant position |
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Rio Tinto and Glencore held talks about combining their businesses
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| Aborted discussions highlight how mining executives are contemplating big deals amid energy transition |
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Silicon Valley defence start-up Shield AI hits $5bn valuation
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| Maker of software for autonomous aircraft is raising around $200mn from backers |
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Starbucks director Hobson to leave board after two-decade tenure
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| Ally of pioneering former leader Howard Schultz announced resignation in a letter on Thursday |
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Neurotechnology study delivers ‘another level’ of touch to bionic hands
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| Advances in brain-computer interfaces enable paralysed users to feel objects in a realistic way via a robotic limb |
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Bank of America still paying the price for being too careful
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| Second-largest US bank’s stock is up just 2% over past three years |
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Britain’s imperfect deal over the Chagos Islands
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| The UK’s good intentions have collided with geopolitical realities |
