Leading AI chipmaker had taken $4.5bn writedown after tightening US controls banned export of its key product

The Chinese group is poised to outsell its US rival this year after it dramatically narrowed the technology gap between the two

Instead of retraining those who lose work, politicians could help people take matters into their own hands

Wealth managers warn ahead of chancellor’s Mansion House speech that ‘thousands of millionaires’ are leaving UK

Investors attracted by high yields, while recent natural disasters have failed to trigger losses for bondholders

There are three big wins for the UK government if it ditches the hotchpotch of incentives and loopholes

London-based fintech on hunt for American lender to help boost State-side business

Investigations could lead to tariffs on unmanned aircraft systems and polysilicon

Swirling conspiracy theories around the convicted paedophile lead the president’s supporters to turn on his officials

Chancellor will use her Mansion House speech to propose major easing of regulation in City of London

Ministers will revive consumer grants for some battery models in new £650mn scheme

Mandate from chief executive Brian Niccol is latest retreat from flexible remote work policies

But government must overcome backbenchers’ suspicion of ‘reform’ following its welfare U-turns

Trump says he is ‘very unhappy’ with Moscow for lack of progress on a ceasefire deal

Chancellor Rachel Reeves is under growing scrutiny about how she will fill a fiscal hole at the Budget

Badenoch shows the temptation of just putting all this climate unpleasantness behind us

Preliminary findings spark debate over actions of pilots ahead of loss of Boeing 787-8 Dreamliner that killed 260 people

President asks deputy prime minister Yulia Svyrydenko to head his government

Domestic intelligence agency ‘eliminated’ two Russia-linked operatives allegedly responsible for killing

Cashmere brand becomes fifth fashion house to be monitored in probe into labour rights violations in Italian supply chains

Bloc’s trade commissioner Maroš Šefčovič said duties at that level would make transatlantic trading ‘almost impossible’

Analysts say much sharper sell-off likely if 30% levies on EU come into force

US president to meet Nato’s secretary-general on Monday as he expresses growing frustration with Russia

As the best brains in finance gravitate towards asset management and private capital, funds might be exposed to greater risk