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OECD calls on Australia to raise GST and increase affordable housing amid budget deficit

Survey by organisation, which is led by former Liberal senator Mathias Cormann, says economy is ‘now normalising’, after post-pandemic struggle

Theranos founder Elizabeth Holmes asks Trump to commute prison sentence

US justice department’s website shows the disgraced former CEO petitioned Donald Trump over fraud conviction

Prosecutors barred from reviewing material seized from Washington Post reporter

Judge issues temporary order after paper had sought return of Hannah Natanson’s devices taken in ‘outrageous seizure’

Newsom says Davos appearance was canceled under pressure from Trump

Governor’s office says US pavilion bowed to pressure and pulled scheduled ‘fireside chat’ with Fortune magazine

Trump paints himself as great white hope in racism-drenched Davos speech

President’s anti-Somalia tirade and insults to European leaders were in line with aide Stephen Miller’s worldview

Trump’s rambling Davos speech rehashes warped ideas of US supremacy

The president’s fixation on ‘piece of ice’ Greenland carries an echo of Vladimir Putin’s claims about Crimea

US supreme court appears skeptical of Trump’s bid to oust Lisa Cook from Fed board

Conservative and liberal judges questioned administration over president’s authority to fire without due process

Denmark welcomes Trump ruling out force to take Greenland, before ‘future deal’ framework announced – as it happened

Rolling coverage of the World Economic Forum in Davos, where the US president delivered a speech to world leaders

Trump steps up Greenland annexation demand and attacks European leaders at Davos

US president tells business and political leaders in Davos his country needs ownership to defend ‘unsecured island’

Why is the UK investing in £6.45bn Kraken when it doesn’t need public money?

Given the software company’s size and funding options, British Business Bank’s investment looks like mission creep

Rollout of AI may need to be slowed to ‘save society’, says JP Morgan boss

Jamie Dimon warns of civil unrest but Nvidia’s Jensen Huang argues tech will create rather than destroy jobs

Zelenskyy meeting with Trump expected to take place on Thursday – as it happened

Adviser to Zelenskyy says he in Kyiv, not Davos, and meeting will not be today as Trump suggested earlier

EU parliament blocks US trade deal after Trump’s tariff threat

Brussels to host emergency summit to discuss options including ‘nuclear deterrent’ of retaliatory sanctions

World would be a ‘better place’ if US took over Greenland, says Nigel Farage

Reform leader says he agrees ‘strategically’ with Trump but adds that views of Greenlanders must be respected

Middle powers assemble? Trump disorder prompts talk of new liberal alliances

As Mark Carney, Emmanuel Macron and Ursula von der Leyen decide ‘to live in truth’, what will it take for Starmer to call out Trump?

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  • UK to relax post-2008 rules that hold City bosses accountable for wrongdoing
  • Every Briton should stockpile water and food supplies, government advises
  • US judge orders Trump to sit for deposition in $10bn lawsuit against BBC
  • Race to rearm: Telford gun hall brings tank barrel production back to the UK
  • Revealed: billionaire Reform donor was in business with foundation linked to Iranian regime
  • ‘No indications’ PHP code flaw has led to government systems being hacked, cyber security official says – as it happened
  • Cyprus police investigate financial and tax affairs of ex-Chelsea owner Roman Abramovich
  • Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill
  • Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances
  • Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – as it happened
  • Marine life in Gulf of Mexico has still not fully recovered from 2010 BP oil spill
  • Tax online sales more heavily to save high streets, Burnham urged
  • Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals
  • Oil prices jump to five-month high as attacks threaten global supply
  • Too little, too late: Trump takes on gas prices as fuel costs hamper his midterm hopes
  • Sainsbury’s expects challenging run-up to Christmas as households feel squeeze
  • Maritime and port workers: how is the Middle East conflict affecting you?
  • Big pharma accused of ‘free-riding on nature’ as global fund attracts just $7,000
  • French borrowing costs overtake US amid budget turmoil
  • You be the chancellor: play our budget game to see if you can balance the books
  • Waitrose opens first new supermarket in eight years in north London
  • Tesla beats earnings projections after Musk floats SpaceX merger plan
  • Energy secretary leaning towards rejecting Rosebank oilfield
  • Jackdaw approval is a step towards a grownup North Sea policy
  • Booking.com under investigation by EU regulators over fake listings and scams
  • Total UK government debt hits £3tn for first time while inflation jumps to highest in nearly a year – as it happened
  • Cost-of-living crisis? You wouldn’t know it by looking at these companies’ profits
  • Double blow to Healey as inflation rises to 3.5% and monthly deficit hits £24bn
  • French borrowing costs hit 24-year high as civil unrest and budget fears spook markets
  • Bereaved civil service families could face ‘unjust’ tax bills due to pension scheme delays

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