China tees up digital payments system to compete with dollar
Beijing’s cross-border currency platform will be backed by central banks of Hong Kong, Thailand, UAE and Saudi Arabia
‘Everything is too high-tech’: Gen Z discovers digital cameras
Smartphone images can look ‘artificial’, says Fujifilm executive, as runaway price rises threaten sales boom
Far-right activist Tommy Robinson detained under terrorism legislation
Detention at Heathrow airport follows a week of violent racial tensions in the UK
Sunday Number 149: Numbers Puzzle
Trump says US and Iran will sign deal on Sunday to reopen Strait
Tehran cautions that timing is unclear but Pakistan says agreement to extend ceasefire is close
US kills leader of Venezuelan Tren de Aragua gang in air strike
Trump administration said it killed Héctor Guerrero in co-ordination with the government of Delcy Rodríguez
Czech billionaire Křetínský to become West Ham’s top shareholder
Gold family sells part of stake as lossmaking English football club seeks additional financing
Investment firms join Donald Trump’s $100bn race for Venezuelan oil
Lionheart Capital and Keo Energy create Nasdaq-listed company to pursue assets in Latin American nation.
Europe’s fighter jet fiasco
The collapse of Paris and Berlin’s joint venture raises the question of whether either country can do defence alone
How Wall Street pulled off the biggest IPO in history for SpaceX
Bankers convinced investors to believe in a sci-fi strategy, overlook steep losses and hand full control to Elon Musk
UK housebuilder Vistry offers staff voluntary redundancy
Company is trying to preserve cash to shore up its business amid market slowdown
Chart of the Week: US headline inflation matters to consumers
The headline annual inflation rate hit 4.2%, the highest since April 2023
The sweet smell of World Cup dollars
Also in today’s newsletter: a dispatch from LA and Mercedes F1’s robust finances
Claes Nordenhake’s home befits this quiet lion of the Berlin art world
After 50 years as a gallerist, the comfort of the timeworn and the discomfort of the new create a canvas for the compelling both at work and in his prewar apartment
Goldman and JPMorgan ease office working rules to counter World Cup disruption
Wall Street lenders say employees can ask to work from home on match days to ease congestion in host cities
The consequences of online race hatred are playing out on Belfast’s streets
Malign social media automates division — I saw the effects in our city this week
Frasers is better at making headlines than creating shareholder value
Mike Ashley’s penchant for stake-building is not that well suited to the public markets
Farage scales back press events amid scrutiny over £5mn gift from crypto investor
Senior figures suggest Reform leader has been working behind the scenes on party strategy
How to tame the inflation python
A ‘wait and see’ monetary policy strategy risks repeating the mistakes made in 2008
AI is disrupting investment
The technology is leading to a fundamental shift in the way investors allocate funds and diversify risks across every asset class
How to speak Fifa
A user’s guide to interpreting global football chief Gianni Infantino’s most inspirational thoughts
AI is revolutionising the stock market
Big Tech no longer prints money; it needs it. What will that mean when confidence dips?
European tech sovereignty: a doubtful goal but a good investment
Given the continent’s weak starting point, its modest ambitions could have a big impact on local companies
Forget the football — Grand Theft Auto can unite the world
Thirteen years in the making, the game’s next instalment promises to be the biggest entertainment product in history