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Top Headlines from the UK Edition
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Indian billionaire Gautam Adani charged in US over alleged $250mn bribery scheme
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| Shares in group tumble after prosecutors accuse tycoon and others of lying to investors to land lucrative contracts |
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Nvidia’s revenue nearly doubles as AI chip demand remains strong
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| US chipmaker reassures investors seeking signs of the strength of boom that has made it world’s most valuable company |
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Archegos’s Bill Hwang sentenced to 18 years in prison
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| Former Wall Street trader was convicted of fraud and manipulation in scheme that resulted in big losses for banks |
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US set to seek Google divestitures in search monopoly case
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| Department of Justice also likely to ask for curbs on use of the service’s results in training AI models in broad remedy |
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Ukraine fires British Storm Shadow missiles into Russia
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| Move follows Kyiv’s first use of US long-range Atacms missiles on Russian soil |
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Top Headlines from the International Editions
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US House panel keeps Matt Gaetz sex allegation report under wraps
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| Democrats demand release of files on Donald Trump’s pick to be country’s attorney-general |
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New Zealand’s post-Ardern populist pivot angers Maori community
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| Conservative Luxon government has rolled back many of former PM’s progressive policies |
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The push for climate taxes gets real in Baku
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| Airlines say fossil fuel companies should be targeted first |
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How AI is powering a robotics revolution
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| Advances in physical AI means machines are learning skills previously thought impossible |
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How oil ‘wildcatters’ ended up in charge of Donald Trump’s energy policy
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| Shale barons are jubilant about the Republican’s plan for US ‘energy dominance’. Climate campaigners are not |
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Crypto chief buys a banana for $6mn at contemporary art auction
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| Justin Sun, founder of blockchain network Tron, outbids six others for Maurizio Cattelan’s ‘Comedian’ |
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Playing hardball or facing hard times?
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| It’s tough to negotiate a budget in public with a glitchy CMS |
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MicroStrategy takes fundraising to $7bn for push into bitcoin
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| Software maker turned crypto investor increases size of convertible bond offering to $2.6bn |
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FTX co-founder Gary Wang avoids prison after assisting in Sam Bankman-Fried case
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| Crypto exchange’s former chief technology officer credited by judge for swiftly helping prosecutors |
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Santander sets aside £295mn to cover costs over car finance ruling
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| Provision made after court decision last month on mis-selling of car loans |
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Apple proposes Indonesian factory in bid to reverse iPhone 16 ban
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| Investment of $100mn in key market would help meet requirement for 40% local content in smartphones |
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UK ministers resist car industry pressure to ease fines on EV sales targets
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| Amid pressure on manufacturers, electric vehicle sector holds two-hour meeting with cabinet ministers on mandate |
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UK cuts fines for boilermakers in climbdown on heat pump sales
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| Shift comes after intense lobbying from industry over incoming penalties tied to net zero targets |
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Nvidia’s dizzying growth is now everyone’s business
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| Chip giant’s earnings are a big event for US equity investors, and not just because of its $3.6tn heft |
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Target’s frugal customers leave it cheap and cheerless
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| The US big box retailer’s focus on non-food goods leaves it exposed now that shoppers are more wary of spending |
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The scourge of corporate secrecy
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| A concerted push towards open-access data is needed to fight dirty money |
