Shell’s profits pass $43bn after production hits new highs in Brazil and Gulf of Mexico Oil company plans to buy back shares for 16th consecutive quarter as protesters say its earnings are ‘horror show’
Trump-Xi meeting: US president says rare earths deal and tariff cut agreed Donald Trump hails ‘amazing’ trade talks with Chinese counterpart, with ‘no roadblock at all on rare earth’
Virgin Trains on track to challenge Eurostar cross-Channel monopoly with access to key depot UK rail regulator approves Richard Branson firm’s application to use Temple Mills site in London
Benefits of a four-day week are ever clearer, despite Steve Reed’s stance Housing secretary’s criticism of trial in South Cambridgeshire council ignores its many positives
Business and charity leaders urge ministers to lead England’s transition to four-day week Open letter signed by more than 100 leaders comes after local government secretary criticised a council for switching to shorter week
‘Patients will suffer’: tales from the frontline of the UK pharma crisis The pricing standoff between government and industry has stalled research and put thousands of jobs at risk
Microsoft reports strong earnings as Azure hit by major outage Tech giant reports earnings of $3.72 per share day after deal with OpenAI pushed value of company to more than $4tn
Telegraph sale in turmoil after lead bidder linked to China’s politburo Media group’s own paper publishes photograph of RedBird Capital chair with alleged spy ring chief
Meta reports mixed financial results amid spree of AI hiring and spending Tech company brings in record quarterly revenue but major tax bill dampens earnings per share
Google parent Alphabet beats forecasts with first $100bn quarter Strong demand for ads and cloud services powered tech giant’s growth as it makes multibillion-dollar AI investment
Pound sinks against euro and dollar as tax rises loom and growth slows Prospect of a tough budget is thought to have brought forward the likely date for a cut in interest rates to 3.75%
Fed cuts interest rates for second time this year amid economic uncertainty Central bank sets rates at range between 3.75% and 4% amid turbulence from government shutdown and Trump’s tariffs
CBS News staffers lose jobs in ‘bloodbath’ as part of sweeping cuts from Paramount Paramount laying off about 1,000 staffers, including some in news, on Wednesday amid longer-term cost-cutting plan
The Guardian view on Argentina’s election: one step closer to becoming a Trumpian client state Editorial: A $40bn rescue may have helped Javier Milei scrape through midterms, but it leaves Argentina’s democracy and economy more dependent than ever on Washington
EU carmakers ‘days away’ from halting work as chip war with China escalates Industry body says reserves of Nexperia semiconductors are dwindling after Beijing bans exports of key components