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Top Headlines from the UK Edition
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TikTok says it will ‘go dark’ without US government action
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| Chinese-owned video app warns of blackout for 170mn users after Supreme Court upholds divest-or-ban law |
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Iran and Russia boost military and intelligence ties
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| Vladimir Putin and his counterpart Masoud Pezeshkian sign wide-ranging partnership amid confrontation with west |
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UK watchdog warns watering down swaths of regulation will cause more failures
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| FCA chief commits to ‘deep reforms’ on mortgage rules and anti-money laundering checks to help boost economic growth |
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Goldman Sachs hands chief David Solomon $80mn retention award
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| Wall Street executive’s 2024 salary also boosted by 26% to $39mn |
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Keir Starmer touts relationship with Donald Trump as he seeks US-UK trade deal
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| Interview: PM says tariffs ‘aren’t in anybody’s interests’ ahead of president-elect’s inauguration on Monday |
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Top Headlines from the International Editions
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Israel’s full cabinet approves ceasefire deal with Hamas
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| Pact to stop fighting and free hostages endorsed by Netanyahu government before going into force Sunday |
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US stocks post best week since Donald Trump’s election win
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| Easing underlying US inflation pressures and strong bank earnings ‘emboldened the bulls’ on Wall Street |
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SpaceX faces US regulatory probe after Starship rocket explodes
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| FAA grounds Elon Musk’s largest rocket in a setback for billionaire following maiden launch of rival Blue Origin |
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Brussels orders X to hand over documents on algorithm
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| Request follows complaints from politicians about Elon Musk’s platform boosting far-right AfD party |
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UK to raise price of travel permits for EU visitors by 60%
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| Increase aims to reduce reliance of migration and borders system on taxpayer funding, says Home Office |
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The president-elect of the US is promoting a shitcoin?
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| Not to be confused with the “digital assets venture” he supported before the election |
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US regulator sues Pepsi over discounts to Walmart at expense of smaller rivals
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| Federal Trade Commission accuses beverage company of discrimination by offering big retailer a ‘leg up’ |
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Tennessee drops BlackRock ESG suit after asset manager agrees concessions
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| State’s attorney-general had accused $11.6tn fund manager of breaching consumer protection rules |
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Oilfield services group SLB resists rising pressure to exit Russia
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| US company’s chief executive tells investors its operations do not breach Biden administration’s sweeping new sanctions |
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Gilts post best week since July after run of poor economic data
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| Investors increase bets the Bank of England will be more aggressive in cutting rates as FTSE 100 hits record high |
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Obesity drugs Ozempic and Wegovy included in US price-cut talks
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| Novo Nordisk shares hit as government adds blockbuster weight-loss treatments to new round of negotiations |
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Los Angeles after the fires: ‘You can only live in a disaster zone for so long’
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| The city is pushing to rebuild areas devasted by wildfires. But the costs and the mounting risks of future disasters are hard to overcome |
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Stockpickers: self-storage groups find room for expansion
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| Earnings growth will come at a price as costs soar |
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How the bonus season now unfolds on Wall Street
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| The past dramas of ‘comp days’ have given way to more sanitised procedures |
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Directors’ Deals: Canal+ insiders build stake after IPO stumble
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| TV and film group endures a rocky start to life as a listed group |
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A long overdue ceasefire in Gaza
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