Business

Israel’s use of Microsoft and OpenAI raises questions about what could go wrong with the powerful tech
U.S. tech giants have quietly empowered Israel to track and kill many more targets in Gaza and Lebanon. Read More

Senate confirms Trump commerce secretary pick Howard Lutnick, who will spearhead hardline trade agenda
Lutnick will likely to spend a lot of time managing the president’s aggressive plans to impose import taxes on U.S. ...

Denmark announces $7 billion rearmament plan as threat from Russia rises. It’s ‘the most dangerous situation in our lifetime’ says PM
“We must upgrade massively to protect Denmark. And we must rearm massively to avoid war,” Danish PM Mette Frederiksen said. ...

Investigators to probe why Delta jet burst into flames and flipped after landing ‘so hard that the right main [landing] gear collapsed’
Investigators will consider the weather conditions, as well as the possibility of human error or an aircraft malfunction. Read More

Philips’ losses mount amid China slump and fallout from recall of faulty sleep machines
The firm reported a net loss of €698 million for the full year 2024, compared to the €463 million loss ...

The middle manager crisis: most young workers say the role is ‘high stress, low reward’
Taking a cue from layoffs, salaries that don’t keep up with inflation, and the burned out middle manager, Gen Zers ...

More than half of Trump Media’s cash on hand came from selling $450 million worth of shares to a small New Jersey financial firm
Through an agreement signed last year Trump Media can direct Yorkville Advisors to buy company shares. Read More

RFK Jr. says he will investigate childhood vaccine schedule after promising not to change it
“Nothing is going to be off limits,” Kennedy said, adding that pesticides, food additives, microplastics, antidepressants and the electromagnetic waves ...

Glencore weighs ditching UK listing in potential blow to London Stock Exchange
Chief executive Gary Nagle says mining group is seeking to boost its valuation

EU agrees new Russia sanctions in the face of US push to end Ukraine war
Latest package takes aim at Russian aluminium industry and tightens restrictions on oil exports

BYD founder Wang Chuanfu, fresh from his meeting with Xi Jinping, claims Chinese EVs are 3 to 5 years ahead of the competition
“Behind each of our technologies is the hard work of 110,000 engineers,” Wang said. Read More

Trump’s anti-DEI campaign hits universities: even sharing experiences of racism in college essays may be banned
Asked whether classes on African American history would run afoul of the president’s order, Linda McMahon said she wasn’t quite ...

Gen Z is doomspending not saving, survey finds, and that’s bad news for their financial wellbeing
Nearly 50% of Gen Z has neglected to build an emergency fund, leaving them unprepared for financial emergencies and perpetuating ...

Tax season 2025 scorecard: Americans are waiting longer to file and are receiving bigger refunds
The IRS’s update on the progress of tax season this year so far shows that average tax refund amounts are ...

UK inflation rises to 3% in January
Figure surpasses expectations and highlights challenge for BoE

UK medical students flock to Bulgaria amid scarcity of college places back home
Institutions across Balkan nation help maintain supply of doctors and dentists in Britain

Starmer prepares to seek approval from Trump for Chagos Islands deal
Dispute over accord with Mauritius intensifies ahead of talks between UK prime minister and US president next week

Weight-loss drug Zepbound helped drive Ireland to $76 billion in goods exports to the U.S. last year—a bittersweet reminder of the challenges ahead
Ireland’s pharmaceutical industry shipped billions’ worth of goods to the U.S., but face threats from Trump 2.0. Read More

Gen Z is afraid of talking on the phone, so one college launched a class to help the younger generation overcome its telephobia
Gen Z’s fear of talking on the phone is taking a toll on business. Read More

HSBC sets $300mn savings goal for 2025 under restructuring plan
UK-based lender reports $2.3bn fourth-quarter profit and aims to cut $1.5bn in costs by end of 2026

Investors call for vote on any BP rowback on climate goals
Shareholders in potential clash with US activist Elliott over direction of oil major

Top sustainable fuel producer to cut spending and jobs after disastrous year
Neste chief says company still bullish despite $10bn bet on energy transition yet to pay off

Is the UK’s new fraud compensation scheme already broken?
New protections are meant to help victims of push payment scams, but experts say the system itself is in urgent ...

Trump’s late-night posts send currency traders to Asian markets
US president’s out-of-hours policy statements and U-turns boost contracts traded in Singapore

How Europe can defend itself without US help
European capitals are scrambling to fill the security gap should Donald Trump withdraw American military assets

Sam Altman’s brief firing from OpenAI was so dramatic there’s now a play about the event that rocked the tech world in 2023
Someone has reportedly sent Sam Altman the transcript. Read More

Trump considers 25% tariff on imported cars
US president threatens to intensify trade war with levies on drugs and semiconductors, too

Brazil charges ex-president Bolsonaro over coup plot
Attorney-general accuses hard-right politician in connection with plan to assassinate rival Lula

Not just Alibaba’s Jack Ma: Who’s who at the summit seen as a ‘symbolic’ end to China’s crackdown on tech
Huawei’s Ren Zhengfei, BYD’s Wang Chuanfu, and Xiaomi’s Lei Jun were among the leading tech executives that met Xi Jinping ...

The dietary supplements you think are improving your health may be damaging your liver, research warns
This doesn’t mean you should immediately toss out your protein powder or vitamin D capsules. Read More