Consultancy firm has hired boutique bank Ardea Partners for strategic review of MIO

Move comes after Fed keeps borrowing costs on hold

Figure comes after Fed chair Jay Powell said there was no hurry to cut interest rates

Lender’s statement highlights issues with predictability that help explain its lingering valuation discount

Eurosceptic junior coalition partner quits after PM’s push to implement energy directives from Brussels

This time around, the Trump victory comes as the UK is vulnerable to potent arguments from the right

The start-up’s breakthrough confounds outworn prejudices about the two countries

US group has pushed heavily into facilities needed to feed AI boom amid breakneck spending by Big Tech

GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023

Christian Sewing has ‘firm confidence’ lender will hit returns target this year as it reviews weaker units

Real estate investment picked up in the second half of 2024, says MSCI, amid hopes of a market recovery

Advocates say reopening pipelines could help settlement with Moscow and cut energy costs

The combination of leverage and time is a critical one to recognise in any portfolio blueprint

Chief Mark Zuckerberg says group will plough ‘hundreds of billions’ into artificial intelligence

European exports slide as carmakers wrestle with slowing sales of EVs in Germany and France

American Airlines passenger jet collided with army helicopter over Potomac River

Tech group’s capital spending surges to $23bn in attempt to clear capacity constraints

Deal would make Japanese group the biggest financial backer in ChatGPT maker

The Japanese concept of continuous industrial improvement helps to explain Beijing’s technological success

President says prison used for ‘war on terror’ in Cuba can be used to detain 30,000 people

US president had called on the central bank to sharply reduce borrowing costs

Tesla expects vehicle business to return to growth in 2025

UK bank becomes the latest company to require more days spent in the office

Totemic infrastructure project set for significant hurdles even after political green light