Russia targets Ukraine energy sites in ‘massive’ missile and drone attack
Russia on Sunday launched dozens of missiles and drones in what Ukraine’s foreign minister said was one of the largest air attacks of the war, targeting power facilities across the country and sending ...
Tech investor Xavier Niel urges Europe’s AI start-ups not to cash out
French billionaire warns that if region misses AI boom it will be ‘a very small continent abandoned for a few generations’ ...
Trading assets at US banks cross $1tn for first time since financial crisis
Nearly all of the trading activity in the US banking industry remains concentrated at the nation’s largest banks. The biggest is JPMorgan Chase, which had $506bn, roughly half the industry total, in ...
Thames Water’s £3bn loan will hit customers, warn experts
Thames Water could incur more than £800mn in interest and other costs on its planned £3bn emergency loan that analysts warn will hit customers by depleting cash for key infrastructure improvements.
‘They don’t understand business’: Corporate Britain cools on Labour
Kate Nicholls, chief executive of industry group UKHospitality, said business engagement with Labour had not broken down but ...
Northvolt’s future hangs in balance as bankruptcy looms
Northvolt’s fate is hanging in the balance as the troubled Swedish battery maker considers filing for Chapter 11 protection from creditors or even bankruptcy.
JPMorgan files £21.5mn lawsuit over precious metals warehouse flaws
Wall Street bank sues UK construction company in High Court for ‘extensive losses’ on east London storage unit ...
European stocks lag US by record margin as ‘Trump trade’ bites
The Stoxx Europe 600 is up only marginally this year in dollar terms, and trails the S&P 500 this year by the widest margin ...
China’s smartphone makers head upmarket in European push
Xiaomi, long the continent’s best-selling phonemaker behind Apple and Samsung, also increased its share of the premium market to 4.3 per cent in the third quarter of 2024, up from 2.7 per cent in the ...
High-style hotel restaurants for holiday feasting
Because superchef and guerrilla philanthropist José Andrés and his World Central Kitchen have done so much for so many in ...
Novo Nordisk readies trial results for next-generation weight-loss drug
The headline trial results will be closely monitored by pharmaceutical industry experts. Shares in Novo Nordisk, which ...
Bernard Arnault’s son steps up in new chapter of LVMH succession saga
Reshuffle at wines and spirits business comes as luxury sector deals with slowing growth and possibility of US tariffs ...