‘Cable Cowboy’ John Malone to step down from his media empire Retirement of billionaire, 84, leaves Rupert Murdoch as last of that generation to be actively involved in media business
Nvidia becomes world’s first $5tn company amid stock market and AI boom Silicon Valley chipmaker hits $5tn valuation just three months after it was first to break through the $4tn barrier
Wall Street hits new highs as Nvidia becomes world’s first $5tn company – as it happened Donald Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi Jinping
UK must reform drug pricing to become life sciences superpower, says GSK boss Shares jump on higher profits as Emma Walmsley is ‘hopeful’ standoff with NHS can be resolved
The UK bond markets have become a political trap that strangles public spending. But there’s a way out With living standards falling and the far right on the rise, the chancellor has the power to make decisions, not simply accept diktats from the markets, says lecturer in political economy Sahil Dutta
Toyota denies promising to invest $10bn in US after Trump announcement The US president claimed he had been told the carmaker was going to be setting up factories ‘all over’ the US
Starmer refuses to rule out tax rises in budget after questioning by Badenoch Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income tax
Profit upgrade at Next raises hopes UK shoppers still keen to spend Sales benefited from warm summer, M&S online shutdown after cyber-attack and supply improvements
What’s with the sponcon slop in Nobody Wants This? Netflix, nobody wants this Season two of the Adam Brody and Kristen Bell-starring show feels like a long infomercial thanks to endless product placement
Santander urges ministers to intervene in UK car finance compensation scheme Lender’s chief executive says redress proposals could affect jobs, supply chains and broader UK economy
Aston Martin cuts investment plan by £300m as Trump tariffs bite Carmaker’s third-quarter losses bigger than expected at £112m, with weak demand in China also a factor
Trump and Xi talks could end months of global economic chaos High on agenda for the leaders of the US and China will be rare earths and tariffs, with a chance of a relationship reset
Inflation jumps to 3.2%, dashing hopes of a Melbourne Cup day rate cut for homeowners The RBA has long anticipated a rebound in the headline inflation rate, driven by the rolling expiry of generous household power bill subsidies
US Senate passes bill with Republican support to block Trump tariffs on Brazil Republicans break ranks as vote passes 52-48 in rare bipartisan rebuke of US president’s trade policies