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Today News

09

08

Hurricane Beryl becomes earliest category five storm on record

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Record sea temperatures threaten catastrophic destruction across Caribbean

07

Banks are gambling on high pay ahead of a deals rebound

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Bonuses are supposed to fluctuate with market conditions — they are instead sticky

The ‘data nerd’ driving Labour’s ruthless election campaign

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Morgan McSweeney has focused party’s efforts on key swing seats and is already laying the ground for a potential second term

Prisons face ‘breaking point’ within days of UK election, says governors’ union

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Next government will need to take tough decisions immediately to avert crisis, it warns

China’s demand for loyalty creates jeopardy for its expats in US

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Young students and workers who joined the Communist party say they have been asked to spread propaganda

Climate change is pushing up food prices — and worrying central banks

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Shifting weather patterns are reducing crop yields and squeezing supplies, creating what could become a permanent source of inflation

Hawksmoor restaurant chain up for sale

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Deal could value group owned by Graphite Capital at around £100mn as it seeks to expand outside UK

Is McKinsey really a partnership?

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Court case to test the issue as move to more corporate structure raises another question: should the firm go public?

How 120 knife-edge seats may tip the Tories from defeat to wipeout

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Collapse of Conservative support means once-safe constituencies are in play

The risk of a replay of the lost decade in US stocks

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The misallocation of capital in the economy will fuel inflation

Bond investors warn French turmoil threatens higher borrowing costs

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Dysfunctional politics and flagging growth are putting spotlight on debt vulnerability

What the UK can learn from Canada on pension funds

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Consolidating funds should unlock cheaper ways to allocate to so-called productive finance

Deutsche Bahn struggles to shake off ‘travel hell’ reputation

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Delays mar Germany’s once well-respected rail network, with massive repair work still ahead

Blackstone snaps up ‘circular’ private equity credit risk

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The US buyout group has become one of the biggest buyers of a fast-growing type of risk transfer product

02

Paramount and Skydance renew merger talks with sweetened offer

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New deal is not certain and shareholders in Hollywood group have 45-day ‘go shop’ right to seek better terms

Biden under new pressure to quit race as Democratic disquiet spreads

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Lawmaker from party calls on US president to drop out as poll shows voters prefer different candidate

Boris Johnson urges wavering Tory voters to stick with the party

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Former PM’s intervention ahead of polling day highlights looming battle over Conservatives’ future direction

01

Apple to join OpenAI’s board in observer role

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Agreement follows deal by pair to bring artificial intelligence functions to iPhone maker’s devices

Beijing and Manila hold talks to defuse South China Sea tensions

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Meeting comes two weeks after China menaced Philippine boats near Indo-Pacific flashpoint

Tuesday, Jul 2

23

Wealthy sell UK assets amid fears Labour would raise capital gains tax

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Some clients are offloading investments fearing a tax hit from a Starmer government, wealth managers say

22

Trump’s ‘hush money’ sentencing pushed back to September

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Former president has sought to set aside guilty verdict after Supreme Court’s ruling on presidential immunity

China confiscates Taiwanese fishing vessel, Taipei says

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Incident off island of Kinmen close to Chinese coast heightens tensions

21

Head of group overseeing corporate climate targets quits after backlash

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Luiz Amaral, CEO of the Science Based Targets initiative, cites personal reasons for exit but move follows dissent

Powell says US needs to cut deficit ‘sooner rather than later’

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Fed chief warns against running at high levels while output in world’s largest economy is strong

20

The Supreme Court has undermined US democracy

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Expanding presidential immunity increases the risks from a second Trump term

Starmer defends accepting freebies on security grounds

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Labour leader’s trips to see Arsenal bumped him up House of Commons register of interests

French left and centrists pull candidates from run-off in attempt to block far right

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Move marks co-ordinated attempt to keep Marine Le Pen’s RN out of power

Scottish voters left ‘disenfranchised’ after postal delays, says John Swinney

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System flaw has disproportionately hit electorate north of the border, first minister warns