Trump says US companies will invest billions in Venezuelan oil production. Experts aren’t so sure Industry insiders say US oil companies want to ‘avoid getting screwed’ and will proceed with extreme caution
The FTSE at 10,000: a missed opportunity for some marketing razzmatazz If Rachel Reeves and the London Stock Exchange want to encourage investing, they should have milked this moment
Fujitsu ‘not a parasite’, boss says while refusing to give redress figure for Horizon IT scandal victims Paul Patterson questioned by MPs as firm continues to make millions from UK government contracts
‘Stock up’: Ontario premier promises to banish Crown Royal whisky from province Doug Ford’s move comes after Diageo announced plan to shutter Ontario whisky plant and move operations to US
FTSE 100 posts best day in six months as stock market rally continues – as it happened Rolling coverage of the latest economic and financial news, as shares in London hit new peak
Kent water failure was foreseen and could have been stopped, regulator says Problem at water treatment centre left 24,000 Tunbridge Wells homes without drinking water for two weeks
Global buys majority stake in Gary Neville’s YouTube group The Overlap European media giant aims to emulate success of sports podcast network Goalhanger, founded by Gary Lineker
US will be exempt from global tax deal targeting profits of large multinationals Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%
The strangest thing: is the future of cinema … not new movies? Netflix’s big-screen release of the Stranger Things finale is estimated to have made over $25m at the US box office, the latest example of event cinema proving popular
Deep in the vaults: the Bank of England’s £1.4bn Venezuelan gold conundrum Nicolás Maduro’s seizure by US reopens question of who controls country’s reserves held in the UK
Next expects profits to top £1.1bn after bumper festive sales Retailer warns that growth this year will be slower amid continuing pressures on UK employment
Trump suggests US taxpayers could reimburse oil firms for Venezuela investment President says a ‘tremendous amount of money’ will need to be spent repairing country’s infrastructure
Nvidia CEO reveals new ‘reasoning’ AI tech for self-driving cars Jensen Huang also announces at CES new, more powerful Vera Rubin chips that will arrive later this year
Aldi and Lidl grab record Christmas sales share as Asda and Co-op slide Shoppers hit by rising bills switch to discount chains, supermarket own-label products and buying fewer items
Jaguar Land Rover sales slump sharply amid US tariffs and cyber-attack Shares in owner Tata Motors fall after carmaker confirms impact of devastating hack