Business

US suspends military aid to Ukraine
Washington announces decision days after White House clash with Volodymyr Zelenskyy

The Trump-Zelensky spectacle went beyond geopolitical drama. Our world is changing
For centuries, power was maintained through secrecy and control of information. Today, that control is slipping. Read More

BYD pledges to work with rival Tesla to combat petrol cars
China ‘more open’ to foreign business than the west, says executive vice-president Stella Li

Car finance complaints rise to record level at UK ombudsman
Surge in grievances puts regulators under pressure ahead of crucial court case

Oil prices fall after Opec+ confirms it will increase crude production
Traders had been expecting cartel to postpone its plan to boost output

Dow tumbles more than 600 points as Trump confirms aggressive tariff plans, killing hopes for a last-minute reprieve and sending stocks reeling
The Dow Jones Industrial Average tumbled 644 points, or 1.5%. The S&P 500 sank 1.8%, and the Nasdaq lost 2.6%. ...

FTX CEO who led ‘model’ bankruptcy is up for $41 million bonus
John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded ...

TSMC will spend $100 billion to expand chip manufacturing in U.S.— on top of its previous $65 billion investment
TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia. Read More

Trump boils over after Zelensky says the Ukraine-Russia war is ‘very, very far away’ from ending: ‘America will not put up with it for much longer!’
“If somebody doesn’t want to make a deal, I think that person won’t be around very long,” Trump added. Read ...

Trump says 25% tariffs on Canada and Mexico are happening with no chance of a last-minute deal—and his comments are throttling the stock market
The S&P 500 index fell 2% in Monday afternoon trading. Read More

Trump confirms he will impose 25% tariffs on Mexico and Canada on Tuesday
US stocks fall sharply after president vows to press ahead with new import charges

Europeans move towards seizing €200bn of Russian assets
French discuss proposal for Kremlin to lose securities if it breaches a future ceasefire

Record number of Americans apply for UK citizenship
Election of Donald Trump and British tax changes are believed to be behind 40% rise in applications

Trump renews attacks on Zelenskyy over US backing against Russia
Confrontation between Washington and Kyiv intensifies after European summit at the weekend

How Republicans plan to use ‘weird accounting’ to pass $4 trillion in tax cuts
Not every Republican politician is on board. Read More

Anthropic’s valuation triples to $61.5bn in bumper AI funding round
Start-up raises $3.5bn from Silicon Valley venture firms in race against OpenAI and DeepSeek

BAE chief in line for bonus boost under ‘golden handcuffs’ pay deal
UK’s biggest defence contractor becomes latest FTSE 100 company to propose bigger rewards for top executives

Billionaire investor Ray Dalio warns the U.S. won’t ‘be competitive in manufacturing with China in our lifetime’
The Bridgewater Associates founder argued China will continue to have the edge in producing applications for AI chips compared to ...

Chipotle’s CEO says the company will absorb any price increases as tariffs on Mexico are set to hit 50% of its avocado supply
Scott Boatwright didn’t rule out that prices could rise if costs become a “significant headwind.” Read More

Home sellers are ‘waking up to reality’ and are slashing prices to combat stubbornly high mortgage rates
Realtor.com’s chief economist predicts “further price softening” for the spring. Read More

Starmer’s diplomacy on Ukraine wins him plaudits at home
Prime minister draws praise from Conservatives for his diplomatic efforts

Tariffs, layoffs, and immigration — the triple threat to economic growth that has Wall Street worrying about the U.S. economy
Tariff fears and soft economic data have traders debating whether a recession is on the horizon. Read More

US manufacturers report fall in orders as growth expectations tumble
Data fuels fears that the economy is losing momentum as tariffs loom

Social Security payments could suffer interruption soon as DOGE causes ‘system collapse,’ former commissioner warns — ‘start saving now’
“Ultimately, you’re going to see the system collapse and an interruption of benefits. I believe you will see that within ...

Troubled Wood Group taps Rothschild for refinancing talks
Oil services and engineering company holds debt discussions in parallel to exploring takeover by Dubai-based Sidara

Elon Musk calls Social Security ‘the biggest Ponzi scheme of all time’ as calls mount to remove contribution caps for billionaires
DOGE cost-cutter-in-chief Elon Musk likened the U.S. retirement system to a pyramid scheme during a podcast with Joe Rogan. Read ...

XRP and Solana soar then falter as Trump announces plans for a multi-asset crypto reserve
The president said that XRP, SOL and ADA will be included in a national crypto stockpile with Bitcoin and Ethereum. ...

Treasury Secretary Scott Bessent sees inflation plummeting to the Federal Reserve’s 2% target despite Trump’s tariffs
Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working everyday to lower prices, ...

Chief of Microsoft-backed UK tech unicorn Builder.ai steps down
FT previously reported that Sachin Dev Duggal had been named in criminal probe and faced complaints about company culture

Warren Buffett says tariffs leave consumers footing the bill: ‘The Tooth Fairy doesn’t pay ’em’
Warren Buffett isn’t one to wade into politics, but as an outsider warned tariffs are likely to prove inflationary. Read ...