Trump picks Kevin Warsh as new Federal Reserve chair.
If confirmed by the Senate, Warsh would succeed current Fed Chair Jerome Powell, whose term ends in May.
Trump warns UK it is ‘very dangerous’ to do business with China as Starmer visits Shanghai
Donald Trump has described it as “very dangerous” for the UK to do business with China, as Prime Minister Keir ...
Amazon in talks over $50bn investment in OpenAI as AI arms race accelerates
Amazon is in early-stage talks to invest as much as $50 billion (£40bn) in OpenAI, in what would be one ...
New wave of ‘zombie’ companies faces collapse as financial distress surges
Tens of thousands of so-called “zombie” businesses could collapse this year as mounting cost pressures and weak demand push companies ...
Lloyds to return £3.1bn to investors as profits surge past forecasts
Lloyds Banking Group is handing more than £3.1 billion back to shareholders after delivering stronger-than-expected annual profits, underlining the financial ...
Octopus Energy strikes major China joint venture during PM visit
Octopus Energy Group has unveiled a major joint venture with PCG Power to trade renewable electricity in China, marking a ...
Driverless taxis could hit UK roads as early as September, Waymo says
Driverless taxis could begin operating in the UK as soon as September, according to Waymo, the US self-driving car firm ...
UK bans Coinbase adverts that suggested crypto could ease cost-of-living pressures
The UK’s advertising watchdog has banned a series of adverts by Coinbase, ruling that they implied cryptocurrency could help ease ...
Apple posts record iPhone sales as Mac revenues fall
Apple has reported its strongest-ever quarterly iPhone sales, helping to lift overall revenues despite weaker performance in other parts of ...
Tesla axes Model S and X as revenues fall and focus shifts to AI and robotics
Tesla has reported its first annual fall in revenue as the electric carmaker accelerates a strategic shift away from legacy ...
