Business

The UK government must make sure it isn’t a confidence killer

There is a danger that animal spirits and the propensity to invest expire in a vicious downward spiral

What luxury is telling us

A softening in the market is a harbinger of things to come — in both equities and the real economy

Chinese EV makers hit EU wall as tariffs inflate cost of imports

Manufacturers such as BYD and SAIC’s MG accounted for 7.4% of EV registrations in November, down from 8.2% in October. ...

As FX volume surges past $1 trillion a month, Morgan Stanley and BoA adopt a new system to charge for trades

As foreign exchange volumes explode nearly 30% in a year Morgan Stanley joined a wave of banks looking to modernize ...

The darker side of Guy Hands’ legacy

Terra Firma founder accused of raging at staff and making sexually inappropriate comments

The longest, healthiest marriages have these 6 defining traits 

Plus, how to foster these qualities in your marriage. Read More

Trump says talk that he’s ceded presidency to Musk is a ‘hoax’

“But no, he’s not going to be president, that I can tell you. And I’m safe. You know why? He ...

The IRS is sending unclaimed stimulus funds via checks of up to $1,400 each; here’s who is eligible

Eligible taxpayers don’t have to take any action. The payments will go out automatically this month and should arrive by ...

Agreed UK property sales jump ahead of stamp duty increase

Zoopla data shows rise ahead of change to levy regime in April

Dire situation in China is one reason for Honda, Nissan merger

“When you look at Honda and Nissan, they’ve been losing the market for some time.” Read More

Syria’s new government ready to run Isis detainee camps, Turkish minister says

Hakan Fidan meets Abu Mohammad al-Jolani and says Donald Trump will back Turkey over Kurdish forces

This is America’s ‘fatal flaw’ as the US bubble gets ready to pop, market expert warns

“When flying in such thin air, it doesn’t take much to stall the engines. All the classic signs of extreme ...

New blow to official UK data with fall in responses to GDP and inflation survey

Statistics agency takes swift action to ensure quality of economic figures in wake of debacle over jobs review

CEOs have never headed for the exits as much as they are this year—here’s why so many are leaving

“The current landscape has a lot of uncertainty baked in, and companies are responding by putting temporary leaders in place.” ...

Singapore’s Straits Times Index is Southeast Asia’s best performing index for 2024—and it’s all due to its Big Three banks

A share rally in Singapore’s biggest banks—DBS, UOB and OCBC—lifted the Straits Times Index to end the year above Malayis’a ...

Spotify executives cash in as streaming service stock price soars

Company co-founders reaped $900mn in gains this year

Nick Candy vows to help Reform disrupt British politics ‘like we have never seen’

Property developer claims more billionaires are joining Elon Musk in backing the party

Trump names Treasury adviser from first term to chair economic panel

Nomination of Stephen Miran elevates a critic of Federal Reserve chair Jay Powell to a top White House post

Putin meets Slovakia’s Fico in rare visit by EU leader

Slovak prime minister has ‘one-on-one’ meeting at the Kremlin as Ukraine prepares to halt transit of Russian gas

Billionaire Steve Ballmer has more than 80% of his portfolio in Microsoft stock and advises everyday investors to ‘keep it simple’

“Microsoft’s outperformed just about every other asset I could have owned. It’s a little hard to say that it hasn’t ...

EU leaders see NATO defense spending goal rising from 2%

A Financial Times report on Friday said Trump’s staff told European officials the US president-elect wants to increase NATO’s spending ...

2 US Navy pilots shot down over Red Sea in apparent ‘friendly fire’ incident, US military says

Both pilots were recovered alive after ejecting from their stricken aircraft, with one suffering minor injuries. Read More

Trump demands Panama lower transit fees or return canal

The US is the canal’s biggest customer, responsible for about three quarters of the cargo transiting through each year. Read More

‘God Bless America’ fund beats political rivals with 33% gain

The fund’s biggest holding is Tesla Inc., run by Elon Musk, who backed Trump’s election bid.  Read More

Palantir and Anduril join forces with tech groups to bid for Pentagon contracts

Consortium likely to include Elon Musk’s SpaceX in move to grab a bigger slice of $850bn US defence budget

How 2024 reordered the Middle East

Many in the west will find comfort that these historical transformations have been contained but complacency is dangerous

Sweden criticises China for refusing full access to vessel suspected of Baltic Sea cable sabotage

Swedish public prosecutor denied permission to board Yi Peng 3 despite open investigation

The Bombas founders survived layoffs and dead-end jobs before starting their billion-dollar empire. They have a message for anyone with a dream

Randy Goldberg and David Heath’s certified B-Corp apparel company is one of the biggest-ever brands to appear on Shark Tank. ...