Currency at lowest in 19 months after finance minister expresses concern over ‘one-way’ weakening

One of the world’s wealthiest charitable foundations notes ‘exceptional levels’ of market concentration in tech stocks

Essential reads on the politics and history of the country’s Islamic regime since the revolution and fall of the Shah in 1979

Balderton Capital led $75bn fintech’s first funding round and retains substantial stake even after cashing out $2bn

Race for coveted role comes as bank fights Swiss government over threat of more stringent capital buffers

Over the past 50 years the state has become overly reliant on a few deep pockets that it cannot afford to lose

Implementing automation systems requires a lot of planning, time and money

DeepSeek’s technology is being rapidly adopted across Africa and beyond, tech group’s research shows

Industry data points to disappointing Christmas for shops as consumers held back

Backlash builds as Trump administration’s prosecutors target head of US central bank

British ministers aim to secure foreign investment at the World Economic Forum

Levies to be applied immediately by US could affect nations such as China and India

Shadow chancellor Mel Stride will also propose reforms to OBR aimed at ‘fully capturing’ impact of tax cuts on growth

Central bank chair could stay on board beyond this year in effort to protect central bank’s independence

Joint statement accuses Trump administration of behaving as if US is an emerging market ‘with weak institutions’

Richard Knighton warns MPs of budget shortfall and the need for difficult decisions

Equity stake in Atlantic Alumina Co is part of drive to counter Chinese dominance of critical metal supply chains

Deal with Apple fuels investor optimism over Big Tech group’s competitiveness with OpenAI’s ChatGPT

Former deputy national security adviser in Donald Trump’s first term served on tech company’s board last year

Federal Reserve chair says the probe relating to a $2.5bn renovation of HQ is a ‘pretext’ to rein in central bank’s independence

Iranians have suffered years of inflation, devaluation and stuttering growth

A criminal investigation of Jay Powell is the latest in the reworking of the world’s most important financial institution

Conflict over Greenland could destroy the transatlantic alliance, requiring a new European security treaty to replace it

White House’s demand for limit on what issuers can charge rattles investors