German chancellor says Moscow’s escalation shows ‘desperation’ over the war in Ukraine

Homebuilders and prospective buyers continue to face challenging market conditions with midterms looming weeks away

Vice-chair for monetary policy Philip Jefferson echoes dovish remarks made by New York central bank head John Williams

With a metastasising financial sector and declining business investment, action is essential

Group says revenues could accelerate in the coming year despite worries over demand for its services

Accruing income at home from land and power abroad has an old name: empire

Air travel for Israelis has been shaped by a long and painful history of assaults on planes

Japanese and Australian sovereign debt costs mount despite Brent crude price dipping

Our sense of smell helps us to keep a few shreds of privacy intact and maintains a dividing line between real and virtual worlds

Khaldoon al-Mubarak was granted immunity six years ago, protecting him from potential legal proceedings in the UK

Accounting firm has been sounding out bankers and revamping internal systems to give itself the option of a stock market flotation

US corporations including Google, Apple and Amazon use their influence to push back against EU digital bloc rules

WeChat owner strikes deal to access US group’s south-east Asia data centres amid race with ByteDance and Alibaba

Ynon Kreiz appointed as the entertainment company looks to integrate two of the most storied entertainment studios

Investors pile into the record-breaking $52bn financing package as yields near 9%

Yields on 10-year Treasuries soar half a percentage point in worst month in four years

Tech giant hopes ‘Argon’ will help it re-establish itself at the frontier of artificial intelligence

Disaster was averted on a flight from Dubai to Tel Aviv after one pilot stabbed another

Plane made emergency landing in Saudi Arabia after terrifying fight in cockpit

Federal Trade Commission will demand information and seek testimony from the executives of leading AI companies

Inspector general says central bank failed to take ‘numerous actions available to it that could have better controlled costs’

Prime minister says UK is working closely with US administration following release of five suspects on bail

Balance sheets have become unbalanced and growth in turn may suffer the consequences

US president touts voluntary commitment which may create unexpected headaches for AI companies

Investment firm wary of risks of ‘overexposure’ and ‘concentration’ and predicts broader volatility if there is a downturn in booming sector

Prime minister says ‘going all the way’ is a possibility as government reviews relations with 27-country bloc

Flydubai plane landed in Saudi Arabia after 20,000ft drop

Kremlin accuses western defence alliance of preparing to blockade Russian exclave on Baltic Sea

Curbs imposed in response to Ukrainian drone strikes on refineries threaten to worsen global supply crunch

Record contribution comes as the billionaire seeks to reshape the Florida city to rival the likes of New York and London

AI Infrastructure Coalition, whose members include Google, Meta and Microsoft, unveils commitments to cover energy costs and minimise water usage

We may not be on the eve of disaster but room for manoeuvre is shrinking for major economies

Doubling down on Hong Kong offers a way to capitalise on wealth flowing out of China, but increases the risks of confrontation with Beijing

The rise of health-tracking rings creates an opportunity for Cartier, Rolex and the like

President says chief executives have signed a ‘morally binding’ accord after lunch with industry leaders

Independent panel finds Premier League club arranged ‘sham’ commercial deals to disguise sources of funding

Government debt extends decline as inflation and surging oil prices weigh on market

Democrats are likely to make gains in Congress but divided government is unlikely to derail Trump’s agenda

Jewish settlers blocked roads, set tyres ablaze and prevented the return of a Palestinian family in latest surge of violence in occupied West Bank

World’s largest listed company looks for new ways to draw Wall Street deeper into the financing of the AI boom

Companies, political campaigns and even schools are taking out policies to shield themselves from litigation that can follow attacks

Luca de Meo is ruffling feathers by introducing industrial production methods at the owner of Gucci and Saint Laurent

Investment bank president John Waldron is widely regarded as chief executive’s heir apparent

Long-awaited S1 filing reports Claude maker lost $8bn last year on $4.6bn in revenue

AI lab will hold back GPT-6.1 Astra following mounting pressure over misbehaviour by its agents

City-state’s economy is getting an AI uplift but costs and labour are constraints to its industrial growth

Rare intervention from head of Catholic Church comes as top executives are due to meet at White House on Tuesday

World Labs was founded by Stanford University researcher to work on AI models that understand 3D environments

$1.4bn sale of Hong Kong lender’s loan portfolio part of push to improve its capital efficiency

Opposition attacks Israeli premier ahead of election over leaks suggesting Egyptian and Emirati officials alerted him to Hamas threat