Business

Aim shares face ‘cliff edge’ if UK axes tax break, warns Peel Hunt boss

City fears that inheritance relief on small-cap stocks will be cut in Rachel Reeves’s Budget

Winner takes all in the Netflix adaptation of UK television

British creativity underlies shows such as ‘Baby Reindeer’ but smaller producers could be left behind

Combustion engine ban threatens ‘grave crisis’ for Europe, Italy says

Industry minister Adolfo Urso warns of large-scale job losses among carmakers unless Green Deal rules are relaxed

Uber’s next act: taking on Amazon

On top of ride-sharing and takeaways, the company’s couriers now transport goods for many retailers. But is it trying to ...

European diplomats lobby UK over plans to charge VAT on private education

Embassies argue international schools in London should be exempt from tax change

Nuclear finance will rely on consumers’ stomach for risk

Projects prove too tricky to fund through normal financing methods

Blume under pressure to unwind his dual role as CEO at Porsche and VW

Calls mount for Volkswagen chief to focus on restructuring as management tries to close German factories and cut jobs

US investigates China-backed venture firm over Silicon Valley dealmaking

FBI probe into Hone Capital comes after it became the most prolific early investor is US tech start-ups

COP29 host’s own climate plans are ‘critically insufficient’, says expert group

Pressure mounts on UN climate summit host Azerbaijan to upgrade its national plan to limit global warming

Military briefing: Israel’s ‘victory doctrine’ against Hizbollah

The Lebanese militant group fought Israel to a stalemate in 2006. Both sides tried to learn the lessons

Can you mastermind a US presidential campaign?

Compete for the White House against other readers in the Election Game

Will China’s $100bn war chest for shares lift the real economy?

Investors welcome ‘unprecedented’ central bank loans to try to boost markets but analysts say fiscal stimulus is needed

OpenAI just launched advanced voice mode for audio chats with ChatGPT. Here’s how to use it

If you’re a paying customer, ChatGPT will respond to your spoken questions and comments quickly. But there’s a limit to ...

Japan’s largest rice shortage in years is exacerbated by sushi-hungry tourists, weather

Japanese rice is a key staple in many of its iconic dishes, but the country is facing its biggest shortfall ...

Asia-Pacific markets largely range-bound; Hong Kong’s Hang Seng jumps more than 2%

Investors in Asia await Australia’s inflation rate for August, which is expected to ease to 2.7% from 3.5%.

A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say

Barry Siegel, 56, is charged with insider trading after shorting the mall staple sneaker giant. Read More

Buffett’s Berkshire Hathaway trims Bank of America stake by $863 million

Berkshire now owns 10.5% of the second-largest US bank after the latest disposals. Read More

Alaska Air gets credit rating knocked down to junk status

The credit grader lowered the airline’s issuer rating to Ba1, the highest junk level, from Baa3, the lowest investment-grade score. ...

FBI raids tech distributor Carahsoft offices, seen taking away computers

It wasn’t immediately clear what prompted the search. Read More

Starmer will promise to ‘recommit’ Britain to internationalism at UN

PM to seek meetings with Kamala Harris and Donald Trump while in New York for gathering of world leaders

Argentina’s Javier Milei denounces UN’s ‘socialist’ agenda in speech

Libertarian leader accuses international organisation of restricting members’ freedom in debut address

‘League of Legends’ faces strike as SAG-AFTRA battles voiceover company

They allege Formosa Interactive attempted to get around the ongoing video game strike by hiring non-union actors to work on an unrelated ...

Caroline Ellison gets two years in prison over role in FTX fraud

U.S. District Judge Lewis A. Kaplan said Ellison’s cooperation was “very, very substantial” and “remarkable.” Read More

FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion

Caroline Ellison, who headed a hedge fund affiliated with doomed crypto exchange FTX, testified against her former boyfriend Sam Bankman-Fried ...

Free, at-home COVID tests are back. Here’s how to order yours

Testing is the only way to tell whether you have COVID, the flu, or RSV. Read More

Polymarket seeks to raise an additional $50 million amid election fever—report

The popular betting site may also launch a native token. Read More

Markets close near record highs following China stimulus news

Chinese stocks rose sharply in trading today as the Central Bank of the Republic of China unveiled a wide-ranging package ...

Judge hands tearful Caroline Ellison two year sentence over FTX fraud: ‘I’m sorry I wasn’t brave’

A judge recognized Ellison’s cooperation but still ruled against her lawyer’s request for no jail time. Read More

Stocks making the biggest moves after hours: KB Home, Rithm Capital and more

A homebuilder stock fell after its latest earnings report came in below expectations.