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