Modelling by independent body Neso forecasts sharp fall in expenditure from 10% of GDP as shift to renewables continues

Larry Ellison’s company raised its capital expenditure forecast as it doubles down on AI infrastructure bet

Oil price jumps as Washington increases pressure on regime of Nicolás Maduro in campaign against drugs trade

Central bank will purchase short-term Treasuries just weeks after it stopped shrinking its balance sheet

María Corina Machado was en route to Oslo after the award was accepted by her daughter

Three top US central bankers object to move in biggest revolt since 2019

Backing from Saudi Arabia, UAE and Qatar represents latest push into prized international media assets

Discussions on reconstruction come as Donald Trump seeks end to Russian invasion

British prime minister delivers his strongest rejection yet of calls to rejoin bloc

Three members of central bank’s board oppose decision in biggest dissent since 2019

UK healthy fast-food chain bought back by John Vincent last month has struggled to recover from Covid

Defence secretary John Healey says Britain is ‘all-in’ on trilateral submarine and technology pact

Enthusiastic picklers are fighting a war against neighbours sick of the sport’s relentless ‘pock, pock, pock’ noise

In prison diary, former conservative French president rules out future attempts to ostracise Rassemblement National

Former lobbyist and UK deputy prime minister joins London-based Hiro Capital

Change would affect visitors from countries including the UK, France and Australia

UK chancellor believes decision to bolster fiscal headroom will mean she does not need to take extra steps in spring

The important conflicts today take place inside cultural-religious blocs, not between them

Opponents of proposal to increase cap to €10,000 say it would reward tax evaders and illegal business

London-listed gambling group launches strategic review, pushing its shares up 10%

Central bank president signals a second consecutive upgrade for Eurozone economy

Todd Combs rose from a Florida state university to Berkshire Hathaway before taking the helm of a new $10bn security fund

Move to outvote Hungary this week would indefinitely immobilise Moscow’s sovereign assets