Business

Why Britain needs a digital ID system

A national identity scheme would help to modernise the state

Nespresso North America’s CEO ‘actually knocked on Nestlé’s door’ to get his first job—an internship that would lead him to the corner office 32 years later

Alfonso Gonzalez Loeschen has moved to five different countries during his three-decade tenure with Nestlé. Read More

What the Grateful Dead can teach CEOs about succession planning

Bandmates John Mayer and Bob Weir—with a 30-year age gap—show business leaders how effective succession works. Read More

Inside the FOMC: Boston Fed President Susan Collins on changing her mind, teamwork, and the alchemy behind the base rate

“It’s important for people to understand the role of the FOMC or monetary policy at the Federal Reserve because of ...

Trump’s recruitment of watchdog chiefs impeded by talk of regulatory cuts

Advisers to the incoming president float plans to consolidate patchwork of banking bodies

Big Chinese naval exercise leaves Taiwan and US struggling for response

Taipei and Washington draw different conclusions over meaning of unannounced military deployment

The fall of Afghanistan’s horse power is a lesson to today’s petrostates: Power based on a strategic commodity is fleeting

Not so long ago, Afghanistan was the Saudi Arabia of horses. But technological change led to its rapid decline. Read ...

Peter Hargreaves’ Blue Whale sells major tech stocks over AI concerns

Fund cuts exposure to ‘Magnificent Seven’ because of heavy spending on artificial intelligence

Relax Syria sanctions to bring in western oil operators, Gulfsands boss says

Head of London-based company says boosting production would help the country ‘get back on its feet’

Veterans of Arab uprisings warn Syrians of perils ahead

Hopes for democracy in Egypt, Libya and Tunisia were dashed but Syrians believe this time can be different

China’s ecommerce merchants set up shop in Russia’s online marketplaces

Ozon and Wildberries welcome Chinese sellers looking for new markets as sanctions hit both countries’ traders

Sam Altman reckons with a growing threat to OpenAI: Elon Musk

Tesla chief’s influence over Donald Trump encourages ChatGPT-maker into patriotic pitch to incoming administration

Podcasts, politics and the craving for imperfection

Lo-fi, unpolished performances have become more popular than carefully stage-managed versions of reality

The power of praise

Recognising good work is cheap, effective and not done nearly as much as it should be

London Stock Exchange suffers biggest exodus since financial crisis

Main market set for fewest listings in 15 years as allure of New York grows despite planned UK reforms

Foreign investment panel is split on Nippon’s bid for US Steel

Lack of consensus at Cfius makes it more likely Joe Biden will block the deal

Trump taps Truth Social CEO to lead intelligence advisory board

Trump said Nunes will remain the chief executive of Truth Social while leading the advisory panel. Read More

ABC News to pay $15mn to settle defamation suit with Donald Trump

The network will also express its ‘regret’ over comments by anchor George Stephanopoulos

Trump and members of Congress want drones shot down while more are spotted near military facilities

The Pentagon said that the military’s initial assessment — that the drones are not of foreign origin — remains unchanged. ...

U.S. oil giant’s CEO is a fan of this nuclear energy technology and thinks there could be a role ‘for a company like ours’

“And so I’m a fan of the technology. I want to see it be successful. I think the world needs ...

Nancy Pelosi has hip replacement surgery at a US military hospital in Germany after falling at Battle of the Bulge ceremony

Pelosi, 84, “is well on the mend,” said Ian Krager, a spokesman for the California Democrat, in a statement. Read ...

ABC agrees to give $15 million to Donald Trump’s presidential library to settle defamation lawsuit

ABC will also pay $1 million in legal fees to Trump’s lawyer. Read More

US in direct contact with Islamist rebels who took over Syria

Western and regional leaders seek to deal with Hayat Tahrir al-Sham despite designation as a terrorist group

US debt reckoning escalates sharply as top bond buyer pulls back from long-term Treasuries

“But at some point, if you borrow too much, lenders may question your ability to pay it all back. It ...

OpenAI whistleblower found dead in San Francisco apartment after taking his own life

“We are devastated to learn of this incredibly sad news and our hearts go out to Suchir’s loved ones during ...

Gaza aid close to all-time lows despite US warning to Israel

People endure extreme food scarcity as looters and IDF attacks on Palestinians guarding convoys choke off supplies

South Korean President Yoon impeached over martial law bid with prime minister now interim leader ahead of court vote

The Constitutional Court has 180 days to rule on Yoon’s future and Chief Justice Moon Hyung-bae vowed to hold “a ...

Trump eyes privatizing US Postal Service, Washington Post says

USPS lost $9.5 billion in the financial year ended Sept. 30, amid a decline in mail volume and slower-than-anticipated parcel ...

CEO murder suspect said to hire former top NY prosecutor

Luigi Mangione, the suspect in the killing of UnitedHealthcare’s CEO, hired former veteran Manhattan prosecutor Karen Friedman Agnifilo to defend ...