Jason Sippel to leave US bank after more than two decades for UK-based macro firm

Sale to Armenian investment fund comes almost three years after US investment bank pledged to leave

Danwatch had revealed Ingosstrakh’s role in insuring tankers carrying oil from Russia’s Baltic ports

Meeting had been arranged before news about advances in artificial intelligence by China’s DeepSeek

Mike Wainwright found guilty by Swiss court of paying more than €5mn in bribes to secure oil trading contracts in Angola

We can no longer squander our strengths with self-imposed handicaps. There is too much at stake

Decision is a blow to Starmer’s government after setting out pro-growth pitch to investors

Eric Schmidt helped Washington reimagine the west coast tech titans as shields against the world’s second-largest economy

Mutual group that owns Waitrose and department store blames subdued pre-Christmas consumer confidence

London court gives Mohammed Zina three months to pay the amount that is available from current assets

Benchmark Stoxx Europe 600 up more than 6% as tariff fears subside and investors flee US tech stocks

Mortgage lender Nationwide says affordability ‘remains stretched’

Ørsted says Mads Nipper will be replaced by deputy chief Rasmus Errboe

Shares in London-listed conglomerate jump after it announced plans to sell or demerge two of its four core divisions

Foreign minister Mélanie Joly holds meetings in Washington in attempt to avert trade war

The New York Stock Exchange is looking to trade for 22 hours a day — raising thorny questions about how equity markets function

The US and UK have been underestimating population growth but with diverging implications

A series of early moves has breathed fresh life into the business community

UK’s ‘magic circle’ law firms are offering double-digit millions of dollars pay to compete

World’s biggest maker of memory semiconductors expects demand recovery from second quarter

US president intends to impose penalties on trading partners as soon as this weekend

Silicon Valley group’s shares tick up even as its revenue outlook misses forecasts

Silicon Valley group says there are signs rollout of AI features will boost handset demand

Complex will be bigger than Pentagon and include bombproof bunkers for leaders, say US officials