What does the disappearance of a $100bn deal mean for the AI economy?
Apparent collapse of Nvidia–OpenAI tie-up raises questions about circular funding and who will bear the cost of AI’s expansion
Google parent earnings beat projections amid plans to invest deeply in AI
Alphabet reports $34.5bn profit and revenue soars 48% in recent quarter as it plans a sharp increase in AI spending
Flawed economic models mean climate crisis could crash global economy, experts warn
States and financial bodies using modelling that ignores shocks from extreme weather and climate tipping points
Minister defends long delays to UK military spending plan
Luke Pollard says plan expected last autumn is ‘a bigger task than many people outside defence realise’
US agency investigates Nike for alleged discrimination against white workers
EEOC demands firm turn over ‘DEI-related objectives’ amid Trump administration’s crackdown on diversity initiatives
Nigel Farage’s two-day trip to Davos cost more than £50,000, documents reveal
Reform UK leader who received two guest passes from Iranian-born billionaire declares attendance at event on register of MPs’ interests
GSK, take two: the bullish tone at the top is finally more convincing
New boss Luke Miels knows perils of overpromising but there is growing sense pharma firm is closer to filling potential
Software sell-off over AI fears hits global stock markets, but FTSE 100 finishes at closing high on £8bn insurance takeover – as it happened
Rolling coverage of the latest economic and financial news
‘It’s an absolute bloodbath’: Washington Post lays off hundreds of workers
Former Post executive editor blasts owner Jeff Bezos’s ‘sickening efforts to curry favor’ with Trump
Chinese carmaker Chery to launch fourth brand in UK
State-owned company will sell under the Lepas brand, continuing its rapid expansion in the British market
Cyber-attack and yacht insurer agrees £8bn deal in latest UK stock market exit
Beazley, which also covers fine art, agrees to takeover by larger rival Zurich at 60% premium
Drax insiders privately raised concerns over its sustainability claims, court papers show
Company publicly denied allegations that primary forests were being cut down to fuel UK’s biggest power plant
UK services sector job cuts continue as companies automate, PMI survey shows
‘Longest period of job shedding’ in 16 years taking place as business activity grows at fastest rate since August
Billionaire US investor Ken Griffin accuses Trump White House of ‘enriching’ itself
Citadel boss, Republican donor and vocal Trump critic says administration has made ‘distasteful’ choices not in the public interest
Striking Starbucks workers urge customers to delete coffee chain’s app
Unionized baristas continue to fight for a fair contract and ask public for solidarity as strike stretches into third month