Big Tech uses guarantees to keep $300bn AI exposure off balance sheets
Wall Street finds new way to turn tech giants’ credit strength into cheaper funding for AI build-out
Billionaire Tata scion faces battle of his life to avert listing
Noel Tata is up against the 150-year-old business empire’s chair and his well-connected New Delhi allies
Cinema revival takes the big screen and makes it enormous
Film-goers are attending less often but spending more, splashing out on plush seats, elaborate cocktails and premium screens
Freedom in adulthood isn’t what you think
Part of growing up is realising that some degree of discipline, commitment and narrowed options can lead to greater contentment
Lib Dem leader Ed Davey urged to ditch the stunts and get serious
The party is stuck in fifth place in polls as frustrated MPs meet for annual conference
Chinese owners launch €2.5bn sale of Luxembourg’s oldest bank
Initial bids for Legend Holdings’ 90% stake in Banque Internationale à Luxembourg are due around the month-end
Meta launches fresh legal challenge over UK’s Online Safety Act
US tech giant’s latest action against regulator Ofcom could slow down implementation of the far-reaching law
Israel’s settler economy braces for European sanctions
Penalties against businesses on occupied Palestinian land from the UK, France and others could have far-reaching consequences
Novo investors call for dealmaking and new drugs
Ozempic maker is under pressure to diversify as it prepares to face shareholders on Monday
Robotaxis are coming for important jobs
Taxi driving offers benefits that are not always obvious when you sit in the back seat
The Gulf cargo trade that vanished
The Strait of Hormuz was a transit hub for goods from helium to corn. Businesses have battled to find alternative routes
India gets hooked on ‘snackable’ micro-dramas
Popularity of short-form videos has created employment for many actors, technicians and producers
Low UK growth is a product of neglect
Governments need to start planning for the long term again
Single bet on electric trucks would be ‘super dangerous’ for Europe, Volvo says
Leading truckmaker CEO defends focus on hydrogen lorries at a time when battery-run trucks from Tesla and Chinese rivals hit continent
Biodiesel for shipping now cheaper than conventional fuels after price fall
Supplies racing to hit emissions targets push cost to record low, in move that could accelerate industry’s shift to greener fuels
Saudi Arabia quits China-led cross-border currency platform
Kingdom’s central bank withdrew from programme which is part of Beijing’s effort to develop an alternative system to the dollar
The union shock coming for UK employers
New legislation brings far more companies into contact with trade unions — but many businesses are unprepared
TotalEnergies faces fresh scrutiny over response to Mozambique attack
French energy group accused of failing to protect British subcontractor killed during 2021 Islamist assault on area surrounding $20bn LNG project
Russia’s new air campaign seeks to destroy Ukrainian economy
Drone and missile strikes hit warehouses, steel plants, ports and railways, depriving Kyiv of more than $1.5bn in tax revenue
AI influx puts Singapore office rents under pressure
Anthropic and OpenAI taking more space in city’s already squeezed prime property market
Sunday Number 163: US Puzzle
Trump announces ‘AI Force’ as alarm grows over technology’s advance
US president has resisted calls for regulation but said he would appoint a ‘tsar’ to monitor for ‘bad’ behaviour
Toronto film festival is full of treats — but no clear awards frontrunners
Mahershala Ali as an assassin single father and Julianne Moore as a comically earnest amateur actor, plus new work by Mike Leigh, Chris Rock and Jesse Eisenberg
Trump bans major US news outlets from White House
Journalists from CNN, MS Now and Politico denied access as president escalates assault on media