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What is private credit, and should we be worried by the collapse of US firms?

First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banks

Chemical linked to low sperm count, obesity and cancer found in dummies, tests find

BPA, a synthetic chemical used in production of plastics, found in baby products made by three big European brands

Bank shares lead global market fall amid jitters over US private credit

Signs of credit stress send markets in Europe and Asia down, while investors turn to safe haven assets

Ferrari cuts number of cars it sends to UK after non-dom tax status scrapped

Carmaker says reasons for reduction include that some wealthy people ‘are getting out of the country’

Nestlé to axe 16,000 jobs as new chief targets sales growth

Almost 6% of global workforce will be cut over next two years, including 12,000 white-collar professionals

French Socialist party to fight for wealth tax as it seeks to capitalise on crisis

Party has promised to stand back as weakened prime minister prepares for crucial no-confidence vote

Plug-in hybrids pollute almost as much as petrol cars, report finds

Analysis of 800,000 European cars found real-world pollution from plug-in hybrids nearly five times greater than lab tests

Driverless taxis from Waymo will be on London’s roads next year, US firm announces

Cars with human safety drivers set to appear in 2026 but black-cab drivers dismiss service as ‘fairground ride’

US raised concerns about Chinese boss of chipmaker before Dutch takeover

Court papers show Netherlands was warned in June that Nexperia might not be able to export to US with him in post

China’s Temu more than doubles EU profits to nearly $120m despite having only eight staff

Online marketplace paid just $18m in corporation tax, leading campaigners to call for government action

One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs

Krone says ‘alarming’ levies on about 400 goods including hair dryers and combine harvesters have forced pause

What is the new EU border system EES, and how will it work?

Digital entry and exit scheme means most travellers will have to register biometric information at the border

‘It gets a bit dirty after 2am’: overtourism debate centre stage as Abta meets in Mallorca

Home to Magaluf, a major draw for boozed-up Britain, the island has become emblematic of the most heated debate in travel

We all know Brexit’s to blame for the crisis facing UK steel – it’s time for politicians to be honest and reverse it

With British industry faltering, the excuse that the public wants this is risible. Parliament must force Starmer to act, says Guardian columnist Simon Jenkins

‘We don’t want to be a toy town’: has Brexit sunk this historic UK fishing fleet?

Struggling fishers in Hastings say the industry is dying after a deal giving away access to its waters made a tough job impossible

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  • Elon Musk’s massive 2018 Tesla pay package restored by Delaware court
  • Why is Truth Social owner Trump Media merging with a fusion energy firm?
  • FTSE 100 closes near record high as Santa Rally builds, despite weak retail sales – as it happened
  • What will happen when the £100 contactless card limit is scrapped?
  • Independent businesses: have your online sales been affected by the rise of AI?
  • Former Yodel owner probably forged mother’s signature in takeover bid, judge rules
  • UK politics: ‘Not clear’ who was behind FCDO hack, says minister, amid reports of China link – as it happened
  • WH Smith tries to recover bonuses from ex-bosses as watchdog investigates accounting error
  • Sony collars Snoopy in £340m deal to take control of Peanuts franchise
  • Rail accident investigators issue warning over sensors on landslide monitors
  • TikTok signs Trump-backed deal to avoid US ban
  • UK contactless card limit of £100 to be scrapped from 19 March
  • Retail sales unexpectedly fall in Great Britain in run-up to Christmas
  • UK borrowed more than expected in November amid pre-budget pressure
  • Young people will suffer most from UK’s ageing population, Lords say
  • UK’s roads and airports brace for busiest Christmas getaway on record
  • Trump’s $1,776 ‘warrior dividend’ repurposed from military housing aid
  • MPs to question Vodafone on ‘unjust’ treatment of store franchise owners
  • PPE company linked to ex-Tory peer Michelle Mone goes into liquidation
  • Facebook tests charging users to share links in potential blow for news outlets
  • BP opts for culture shock with new CEO appointment, but the timing is odd
  • Megan Davies obituary
  • ‘We’ve future-proofed’: how UK’s biggest car factory upgraded for EV revolution
  • Meg O’Neill: ‘hard-nosed’ outsider who will head BP’s pivot away from green energy
  • More UK interest rate cuts expected in 2026 after Bank of England lowers borrowing costs to near three-year low – as it happened
  • What the UK interest rate cut means for you, from mortgage deals to savings rates
  • German prosecutors bring charges against Greensill officials over role in bank’s collapse
  • Trump Media announces $6bn merger plan with fusion power company
  • Narrow Bank of England vote puts end of interest rate-cutting cycle in sight
  • Leeds £2.5bn tram scheme delayed to late 2030s after government review

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