Fin'l Times
US diesel prices soar to record high
Iran war pushes fuel costs above previous 2022 peak, adding to inflationary pressures ahead of November’s midterm elections...
2 hours ago
Fear not the bond market skinny dippers
Rising yields reflect higher AI-led growth, which means swimming costumes for all...
2 hours ago
Giorgia Meloni celebrates Italy’s longest-serving government since 1945
Rightwing prime minister has so far defied critics with pragmatic policies and stable coalition...
6 hours ago
The university degree is losing its lustre
Technological and economic shifts are eroding the graduate premium...
9 hours ago
Pig kidneys successfully transplanted into humans
Trial in US offers hope for solving organ shortage...
11 hours ago
What are the latest claims against Nigel Farage?
A sting operation has abruptly overturned the Reform UK leader’s attempt to put financing scandals behind him...
13 hours ago
US charges ICE agent with lying about shooting of Venezuelan immigrant
Officer charged with false statements over circumstances of shooting that fuelled uprising in Minnesota early this year...
14 hours ago
Nigel Farage and Reform UK hit by illicit-funding sting
Undercover investigation shows party leader meeting a fake US supporter...
15 hours ago
Volkswagen to slash up to 50,000 jobs in ‘far-reaching’ restructuring
German carmaker’s overhaul could also lead to plant closures...
17 hours ago
OpenAI says it has overtaken Anthropic with its latest AI model
ChatGPT maker claims its ‘Astra’ could be considered ‘artificial general intelligence’...
19 hours ago
Star Citadel energy trader to step down amid tumult in energy markets
Chris Foster to leave role at Ken Griffin’s hedge fund after making billions of dollars trading natural gas in Europe...
19 hours ago
Nvidia’s $13bn deal cements its $5.5tn advantage
It’s an investor, backer, supplier and guarantor for companies its Hugging Face acquisition potentially disrupts...
20 hours ago
Leon Black sues US Congress over Epstein probe
Private-equity titan is among Wall Street figures targeted by House committee for their ties to late sex offender...
22 hours ago
Fed’s Chris Waller ‘inclined’ to keep rates on hold
Markets have been betting on a rise following Kevin Warsh’s Jackson Hole speech...
1 day ago
Luxury gym Equinox in refinancing talks to shred debt and bulk up cash
Investors are in advanced discussions for a funding round that would give the indebted chain capital to open new clubs and reduce interest costs...
1 day ago
Friedrich Merz sidelined as party fights far-right in regional poll
Christian Democrats avoid campaigning with German chancellor as they try to slow rise of far right in Saxony-Anhalt...
1 day ago
Yen jumps as traders bet on Japan interest rate rises
Currency moves past ¥157 to the dollar after sudden jump overnight...
1 day ago
James Orr and the gospel of the new British right
Reform’s policy head is a Cambridge theologian with an enviable contact book and a belief in ‘faith, family and flag’...
1 day ago
Steve Ballmer banned by NBA over improper payment to basketball star
LA Clippers team funnelled millions of dollars to star Kawhi Leonard to circumvent league salary cap, league investigation finds...
1 day ago
Struggling Republicans urge Trump to open Maga Inc’s $400mn war chest
US president’s Super Pac has yet to deploy significant money in midterms race despite polls pointing to his party’s defeat in November...
1 day ago
Trump administration backs OpenAI in New York Times copyright battle
US urges court to reject newspaper’s claim that it is illegal to train AI models on copyrighted content...
1 day ago
Chevron to double Venezuela oil production with $7bn pledge
US major commits to expanding its joint ventures as White House pushes for huge increase in production in the country...
1 day ago
Uber to axe 10% of its workforce in biggest cuts since pandemic
Ride-hailing group to eliminate 3,300 jobs as competition rises in food delivery sector and robotaxi race intensifies...
1 day ago
Spain demands answers as police blame Morocco for migrant crisis
Minister presses police chief over probe that reportedly accuses Moroccan security forces of orchestrating influx...
2 days ago
Energy price surge hits bond markets as European gas reaches three-year high
US 10-year borrowing costs touch highest since 2023 as fears of return to full-blown Iran conflict rise...
2 days ago
The wheels are coming off the US world order
Trump believes in a world in which there are no allies, only satellites, and in which power is America’s alone to wield...
2 days ago
Pentagon chaos deepens after Driscoll quits in clash with Hegseth
Army secretary’s exit leaves ‘serious leadership gaps’ as US military grapples with protracted Iran conflict...
2 days ago
Tim Cook to be paid $47mn as Apple’s executive chair
Pay package signals big role for former CEO as his successor John Ternus gets $58mn...
2 days ago
China derails consensus on communiqué after US-hosted G20
Beijing objects to language calling for elimination of ‘non-market’ policies to curb trade imbalances...
2 days ago
AI hits college graduates in the heart of America’s data centre boom
Research shows job postings in Texas have dropped for artificial intelligence-exposed occupations...
2 days ago
US launches further strikes on Iran as conflict flares up
Escalation pushes oil prices higher and sends Treasury yields to day’s highs as investors fret over new bout of inflation...
2 days ago
Action camera maker GoPro to be acquired after decade-long decline
Shares jump as much as 80% after announcement of $285mn cash deal with AI hardware group...
2 days ago
Swiss finance minister hits out at move to water down UBS capital plans
Karin Keller-Sutter criticises lawmakers for compromise proposal ‘in favour of the bank and against taxpayers’...
3 days ago
Trump summons US refiners as Iran war pushes up fuel prices
President to hold White House meeting on Tuesday as high living costs sap his popularity ahead of midterm elections...
3 days ago
Warsh clears up his own mess, but US credibility is still stretched
Many of the economic policy problems the Fed chair has to deal with stem from the administration...
3 days ago
Keir Starmer to stand down as MP
Decision by former prime minister triggers by-election in London seat, with Greens likely to challenge ruling Labour Party...
3 days ago
How to understand the current puzzle in bonds and equities
Like every bubble, the important point is how the AI boom is being financed...
3 days ago
Global bond sell-off deepens amid inflation fears
UK borrowing costs rise to highest since 2008 while Japan yields hit levels not seen since 1990s...
3 days ago
Shein shares slide 10% in Hong Kong trading debut
Fast-fashion retailer completes long-delayed IPO at bargain-basement valuation...
3 days ago
US Army secretary resigns after tension with Pete Hegseth
Dan Driscoll latest senior military figure to quit, leaving a vacuum at top of the American armed forces...
3 days ago
Retired Jewish police chief to stand for Arab-Israeli party in parliamentary election
Yoav Segalovich will be a candidate for Raam in effort to show Arab-Jewish partnership is possible...
3 days ago
Lionel Messi announces retirement from international football
Superstar says he planned move two days after Argentina’s loss to Spain in July World Cup final...
3 days ago
Prediction platform Kalshi bans ex-US Congress member for manipulation
Regulator says George Santos made public statements to boost the value of his own bets on whether he would attend the State of the Union address...
3 days ago
Trump says US will hit Iran ‘hard’ as conflict reignites
Oil prices rise after exchange of fire between warring countries ends weeks of relative quiet...
3 days ago
Software companies pay steep price to buy time against AI threat
Private equity groups face a $40bn maturity wall in 2028 to refinance Covid-era software buyouts...
4 days ago
Consultants head for a showdown — with their own clients
Pressure is on Accenture, Capgemini and the Big Four as companies demand savings...
4 days ago
Japan’s bonds and yen under pressure after Warsh’s Jackson Hole speech
Currency weakens past ¥160 a dollar and yields rise to highest in three decades as investors raise bets on monetary tightening...
4 days ago
LIV Golf prepares for bankruptcy filing in September
Challenger golf league is negotiating a funding package with BC Partners for a slimmed-down circuit...
4 days ago
Alejandro Betancourt: the man who would be Trump’s ‘viceroy’ in Venezuela
The US has turned to a wily and divisive insider to help it develop the country’s oil reserves...
4 days ago
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