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Finance
Big Tech profits get $160bn boost from gains on stakes in other AI companies
Analysts say large paper windfalls on investments in OpenAI, Anthropic and SpaceX have muddied the tech sector’s earnings metrics
Finance
Ukraine’s sacked defence minister touts ‘new history’ in war against Russia with planned tech fund
Mykhailo Fedorov seeks western capital to build and manage weapons development companies he says will help Kyiv resist Moscow
Finance
Americans feel they have lost their agency
People increasingly blame large corporations for the sense that they have ever less control over their own lives
Finance
Controversial Venezuelan executive courts investors after Trump oil deal
Alejandro Betancourt is US’s minority partner in company that will control more than 65bn barrels of oil reserves
Finance
Friends with fiscal benefits
Cross-class friendships appear to be one of the strongest predictors of upward mobility for people in low socio-economic groups
Finance
‘New York loves Canada’: US cities want their Canadian tourists back
American tourism businesses try to overcome cross-border travel boycott over Trump administration’s hostility to its northern neighbour
Finance
Nepal rescue effort intensifies as death toll passes 700
Authorities warn rising water could complicate recoveries with more than 3,000 still missing
Finance
Iceland rejects reopening talks on EU entry
Finance
What’s the fiscal hit from higher yields?
A long answer to a simple question
Finance
Incoming Swiss banking chief warns against regulatory over-reach
Comments from chief executive of EFG International signal how opposition to new rules extends across the industry
Finance
Summer might be ending, but we can hold on to some of its magic
It offers not the opportunity to do nothing but to have the time to do things slowly
Finance
Rising bond yields add tens of billions to G7 countries’ debt costs
World’s biggest developed economies face higher financing costs since start of US-Iran war, weighing on public finances
Finance
EU to help tourism hotspots crack down on Airbnb-style holiday rentals
Measures imposed on short-term lets by cities such as Florence often result in drawn-out legal battles
Finance
‘SmashCos’: Europe’s oil majors create new generation of independent companies
Jointly owned independent oil and gas producers are an increasingly important part of the biggest players’ strategies
Finance
Your body is not a machine
Mechanical metaphors are useful, but such reductionism is no guide to life
Finance
The Dutch city where Europe’s electricity grid crunch hits home
Households and businesses in Utrecht face strict limits on power use to avoid outages
Finance
Victims’ families and campaigners seek answers over Air India crash
Indian investigators are expected within weeks to issue final report into disaster that killed 260 people
Finance
Oil deal with US is denounced by both sides of Venezuelan politics
Opposition said agreement with Trump administration was potentially illegal while government hardliners cast it as a betrayal
Finance
Warsh charts a forward-looking path for the Fed at Jackson Hole
This might be remembered as a moment when the central bank switched approach
Finance
Warsh puts Fed on collision course with Trump ahead of midterms
US central bank chair’s Jackson Hole hint that rates may rise runs counter to the reduction in borrowing costs the US president desires
Finance
Swiss wealth managers urge delay to ownership register after Liechtenstein hack
Bankers also raised cyber security concerns over list of ultimate owners of more than 500,000 companies and other entities
Finance
Dozens killed in Russian strike on ammunition depot near Kyiv
Lengthy air raids by Moscow’s jet-powered drones have triggered 27 alerts since Thursday in one of the longest attacks of the war
Finance
What the Indiana state fair reveals about Trump’s America
Will the most ornery state in the conservative Midwest finally reject his politics?
Finance
Zero-sum thinking will fuel resentment and scarcity
The assumption that one group must lose for another to gain has become worryingly widespread
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