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Top Headlines from the UK Edition
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Kamala Harris warns of ‘more chaos’ under Donald Trump and vows ‘different path’
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| Democrat evokes January 6 Capitol riot to depict Republican rival as extremist in primetime speech |
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Google’s strong earnings boosted by cloud computing gains
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| Parent company Alphabet’s shares rise 5% as results show lift from AI demand |
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UK borrowing costs hit post-election high on eve of Rachel Reeves’ first Budget
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| Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s |
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Ukraine and Russia in talks about halting strikes on energy plants
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| Qatar-mediated discussions mark resumption of previous efforts abandoned after Kyiv’s invasion of Kursk region |
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Banks warn UK Treasury of risk of sector turmoil after car finance ruling
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| Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissions |
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Top Headlines from the International Editions
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Samsung’s smartphone crown slips with company in crisis
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| Korean tech giant is losing market share to US rival Apple and Chinese players |
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Google and peers weigh an AI prisoner’s dilemma
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| Heavy investment is generating real revenue, but as returns rise, so does rivalry |
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Trump rally’s Puerto Rico slur lands with a thud in Pennsylvania
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| Republican candidate faces backlash after airing of racist insults at his New York gathering |
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America isn’t too worried about fascism
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| Harris is correct that the republic is in danger but that message may not suffice to prevent a Trump victory |
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Why Europe’s car crisis is mostly made in China
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| The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at home |
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S&P downgrades Thames Water debt further into ‘junk’ territory
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| Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financing |
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Pfizer’s guidance bump will not heal deeper wounds
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| Starboard is right to take drugmaker to task for bingeing on overpriced deals |
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Does Africa need its own credit rating agency?
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| A pan-continental body is not a cure-all for its debt problems |
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BP reports lowest quarterly profit since pandemic on weak oil prices
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| Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase |
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Everyone hates the SEC’s bank bail-in take
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| FinReg FUBAR |
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US and Taiwan set for talks to end double taxation for companies
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| Deal would increase investment in American semiconductor manufacturing and away from China |
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Reddit shares soar 25% as it turns its first profit
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| Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off |
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Pfizer CEO defends performance after Starboard activist criticism
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| Drugmaker boosts full-year sales and profit forecasts after reporting better than expected earnings |
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Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
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| Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strike |
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Addison Lee executive admits to faking email in tribunal case
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| About 700 drivers are taking legal action against the private-hire taxi group, seeking to be classified as workers |
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Philips’ investors can ill-afford another jolt to their nerves
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| Investors in the Dutch healthcare conglomerate had until this week been enjoying a restorative patch |
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