Business
WNBA commissioner Cathy Engelbert is leading the league to historic highs. Critics wonder if she’s fully seizing the moment
As the WNBA’s banner season wraps up, Engelbert faces more pressure than ever. Read More
Dutch airline KLM will do ‘everything’ it can to protect jobs in cost-cutting drive
KLM CEO Marjan Rintel said the measures would be “painful for every KLM colleague, but it is necessary, and it ...
Starbucks invests in two innovation farms to help climate-proof its coffee
The coffee giant buys 3% of the world’s coffee supply, which has been pressured in recent years due to extreme ...
Here’s what’s impacted as the dockworker strike halts US ports
The strike could affect the import of several commodities like bananas. Read More
Why I stopped making election forecasts
The shocks of recent times have shown the rational voter is a myth
U.S. cybersecurity head says there’s no chance a foreign adversary can change Harris-Trump election results
The comments stand in contrast to the doubts millions of Americans, especially Republicans, have held since the 2020 election. Read More
Listed landlords gaining ground over private equity, says British Land boss
Simon Carter says higher debt costs levelling playing field as group brokers retail park deal
U.K. challenger bank Starling hit with £29 million FCA fine for ‘shockingly lax’ customer checks
Regulator said Starling had opened 54,000 high-risk accounts without proper customer screening. Read More
Sterling plunges 1% against the dollar, euro after Bank of England governor’s comments on rate policy
Sterling was down 1.06% to $1.3126 at 9:22 a.m. in London.
Biden administration bans imports of Chinese steel and artificial sweetener brands on forced labor allegations
It accuses both of being involved in the use of forced labor from China’s far-west region of Xinjiang. Read More
Seven dead in Israeli air strike on central Beirut
Medical facility linked to Hizbollah hit as Israel steps up ground offensive
China EV startup Xpeng wants to bring ‘the best technology’ to Europe as the EU is set to finalize new tariffs on auto imports
Brian Gu, Xpeng’s co-president, argued Wednesday that fierce local competition, not state support, explains China’s EV success. Read More
A $1 billion CPAP recall devastated Philips. The CEO’s turnaround plan involves overhauling company culture and adding a key role to the C-suite
The CEO can’t afford anymore disasters as he pushes deeper into AI-assisted medicine. Read More
California’s new law against election deepfakes blocked by judge over free speech worries
“Most of AB 2839 acts as a hammer instead of a scalpel, serving as a blunt tool that hinders humorous ...
Tesco raises profit forecasts after strong first half
UK’s biggest supermarket chain reports rise in sales as inflation eases
Jupiter poaches team from Origin as part of push into global equities
UK asset manager is hiring team from smaller rival in move that adds £800mn of assets
Former Singapore transport minister sentenced to year in jail over gifts
S Iswaran becomes city-state’s first cabinet official to be imprisoned in nearly 50 years
U.S. bans Chinese firms in Uyghur region as Beijing fights forced labor claims
The U.S. has added two new Chinese companies to Xinjiang trade blacklist one week after Beijing launched a retaliation against ...
Auto giants are getting nervous about the prospect of mega fines as EV demand falters
Europe’s top car giants appear to be increasingly concerned about the prospect of massive fines, particularly as electric vehicle demand ...
Is nuclear energy the zero-carbon answer to powering AI?
After decades of stagnation, the world’s biggest tech groups and banks are considering an alternative energy option
Luxury retailers Prada and Kurt Geiger shamed for taking up to 4 months to pay U.K. suppliers
Slow and late payments are estimated to force 50,000 small businesses to close a year. Read More
Belarus dissident fears ‘torture and death’ if extradited from Serbia
Arrest of opposition filmmaker Andrey Gnyot is seen as a test for Belgrade’s allegiances
UK chancellor urged to tell watchdog to focus on financial inclusion
A consumer champion and a former FCA chair part of group sending letter to Rachel Reeves
OpenAI poses new investors an intelligence test
The start-up has another $6.6bn of cash, but providers will have had to grapple with at least four flavours of ...
Military briefing: can Israel’s land offensive ‘defeat’ Hizbollah?
The IDF has devastated the militants from the air but success on the ground may require a much longer campaign
Can Labour find a way out of its own Budget traps?
Chancellor Rachel Reeves says the government has a growth plan, but self-imposed red lines leave little room for manoeuvre
The tailwinds for a European consumer recovery are building
Interest rate cuts should support a rise in spending in durable goods
Double-down or pivot to Labour: the choice facing Tory think-tanks
Groups that once influenced government policy are split over how to survive
Met police use of facial recognition in London surges
Force used the technology 117 times from January to August, up from 32 between 2020 and 2023
Sizewell C nuclear project hit by fresh delays as investment talks drag on
UK ministers make contingency plans to fund £20bn-plus power plant