Business

Olympus shares plunge after its CEO resigns over alleged illegal drug purchases

The company’s board “unanimously determined” that CEO Stefan Kaufmann “likely engaged in behaviours that were inconsistent with our global code ...

Apple blocked from selling iPhone 16 models in Indonesia

Indonesia argues that Apple hasn’t met its promise to invest 1.7 trillion rupiah in the Southeast Asian country. Read More

Oil prices fall after Israel refrains from attacking Iran’s refining facilities

Brent crude drops as much as 5% in early Asian trading

The American Dream on European time: How late-night remote workers are cashing in on big U.S. salaries

Remote work is landing Europeans impressive paychecks but demands adjustments to American work culture and hours. Read More

Trump’s foreign policy plan: embrace unpredictability

The former president has a radical global agenda for a second term, say allies, advisers and would-be aides — from ...

The Wallenbergs start succession to sixth generation

The three cousins leading the $660bn Swedish business empire want more family members involved and, for the first time, women

Iran is ‘open’ to closer western ties, Khamenei adviser suggests

Ali Akbar Velayati, an ally of the supreme leader, says Tehran is shifting foreign policy towards improving diplomatic links

Crypto exchanges turn to derivatives to lure cautious investors

New market entrants switch focus to offering leveraged bets

Argentina ready to boost flights to Falklands, says foreign minister

Diana Mondino says airlines will have to decide ‘frequency’ in sign of warmer relations with the UK over the islands

Women will decide America’s future

Where female voters go, the result of the US presidential election follows

Starmer and Reeves embark on Budget week that will define the Labour government

Prime minister set to convey sense of joint purpose with chancellor ahead of long-awaited fiscal event on Wednesday

The Saudi factories powered by women

A surge in female labour force participation has emerged as a bright spot for the kingdom

Trump show returns to New York with boisterous Madison Square Garden rally

Republican lays out dark closing argument in Democratic city where he made his fortune but was also convicted

Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help

Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh Hasina

‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever. Read ...

HSBC’s overhaul: dramatic, prosaic or prey to geopolitics?

The answer may depend on the likes of Xi Jinping and Donald Trump

Starmer to pledge to ‘embrace fiscal reality’ in the Budget

UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’

São Paulo loss caps dismal local elections for Brazil’s Lula

Defeat of candidates backed by leftwing president at regional level weakens his own re-election prospects

The week ahead in Asia

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Michelle Obama warns women would be at risk if Harris loses—’take our lives seriously’

“I am asking y’all from the core of my being to take our lives seriously,” Obama pleaded. Read More

Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally

The Washington Post reported that Musk worked illegally in the country while on a student visa. Read More

Vance says Trump would keep US in NATO, Germany needs to step up

Vance declined to describe Russian President Vladimir Putin as an enemy, but called China the biggest threat to the US.  ...

Should you buy Tesla stock now? The EV maker is ‘charging up for the next wave of growth’

Bank of America rates Tesla stock a buy, Morgan Stanley calls it a top pick, and Wedbush puts it at ...

France and Germany threaten diplomatic spat over UK tax on international schools

Plan to impose VAT in the Budget risks damaging ties, ambassadors say

Guggenheim’s Walter is worth $12 billion as Dodgers thrive

His biggest asset remains Guggenheim Partners, the $335 billion investment adviser that was a pioneer in raising capital through insurance relationships. Read ...

Bulgaria election unlikely to resolve political impasse, exit polls suggest

Repeated failure of any party to command majority has slowed EU integration and enabled rise of pro-Russian parties

European package breaks go deluxe as popularity of top-end resorts grows

Groups such as Hyatt and Marriott target region with upscale versions of all-inclusive holidays

Labour MP suspended after footage appears to show him punching man

Keir Starmer approves action against backbencher Mike Amesbury

Polls and prediction markets are signaling a Republican sweep in the election

For the economy and financial markets, a Republican sweep in November could raise the stakes even higher. Read More

Policymakers warn protectionism threatens global economic recovery

Officials fear rules-based order is under threat as race for US presidency enters final days