Ships’ captains paid $100,000 a month to transit Strait of Hormuz
Salaries and bonuses spiral for seafarers willing to risk perilous trip through waterway in face of Iranian attacks
There is only one trade
Has every market become a bet on the AI boom?
Russian forces help Mali seize strategic town from Tuareg militia
Kidal had been captured by secessionists and an al-Qaeda affiliate in April
Jim Clyburn urges Democrats to woo Black voters with affordability pitch
Congress member says Trump is ushering in ‘Jim Crow 2.0’ and says Republicans will ‘reap the reaction’ for redistricting
Goldman Sachs and Man Group exposed in EY data breach
Disclosures widen the circle of victims of a hacking incident earlier this year
German far right secures first regional parliament president
Tobias Rausch wins secret support from four mystery backers from established parties
ExxonMobil looks to offshore projects in Trinidad and Tobago for next boom
US oil major aims to replicate its success in Guyana with further Caribbean drilling
S&P 500 hits record high as AI stocks shrug off bond market slump
Wall Street’s benchmark index touches fresh peak but rally increasingly reliant on handful of tech stocks
Pedro Sánchez’s big electoral gamble
Opinion polls suggest it may be the last for the Spanish prime minister
Anduril plans shipyard to manufacture parts for US Navy’s top submarines
Palmer Luckey’s defence tech start-up to invest $3.7bn as Trump attempts to reduce dependence on leading ‘prime’ contractors
Asos investigating after app notification warned customers of ‘hack’
Shares in FTSE 250 retailer fall 11% after mobile users receive message threatening to leak unspecified material
Artificial Intimacy — Sherry Turkle’s stark warning against AI ‘companionship’
From ChatGPT to Replika, the MIT professor illustrates an alarming rise in the use of bots as substitutes for human company — at the expense of personal growth and civic life
Tory plan to rip up UK-EU food deal risks ‘huge uncertainty’
Food and drink industry fears it may be forced to comply with different regulatory regimes every few years
Badenoch pledges to halve employers’ NI contributions for younger workers
Tories say policy for 21 to 24-year-olds would cost £2.3bn once extra tax receipts and lower welfare spending were taken into account
Silicon Valley’s acqui-hire ruse may have passed its prime
Nvidia’s raid on a rival’s top talent has raised hackles among employees not invited to the party
UK threatens to expel Israeli diplomats if Jerusalem consulate is closed
National security adviser Jonathan Powell held talks with Netanyahu government last week in bid to reach compromise
France’s Le Pen pledges to rein in public spending
Far-right presidential frontrunner wants to cap borrowing at 60% of GDP and reduce budget deficit but analysts are sceptical about feasibility
Ion tells creditors it won’t play hardball on $11bn debt pile
Data group behind Mergermarket and Dealogic that has made billionaire owner one of Italy’s richest men says it aims to pay back lenders in full
Palmer Luckey’s Erebor surges to more than $7bn in deposits since launch
Start-up bank for technology industry seeks to fill the void left by the collapse of Silicon Valley Bank
Taking stock of public trust in the Kevin Warsh Fed era
Trust in US central bank had taken a dive under relentless Trump attacks and new chair’s era is off to a rocky start
Separatist victory in Quebec tests Canada’s united front against US
Prime Minister Mark Carney faces another sovereignty challenge from western province of Alberta
Jeffrey Archer, author and politician, 1940-2026
Best-selling novelist and Tory MP was defined both by his great successes and his headline-grabbing scandals
Ireland offers tax cuts in budget to help with cost of living
Dublin will record another budget surplus this year but faces warnings it is too reliant on volatile tax revenues from US multinationals
The bond market turns on France
The country is being hit by a pre-election debt sell-off. Many fear it could shake the Eurozone