Silver W196 R Stromlinienwagen sold at Stuttgart auction for highest amount ever made by a grand prix car

A streamlined Mercedes raced by the Formula One greats Stirling Moss and Juan Manuel Fangio in 1955 set a record for a grand prix car on Saturday, selling at auction for €51.15m (£42.7m).

The sleek, silver W196 R Stromlinienwagen, one of only four complete examples in existence, was sold by RM Sotheby’s at the Mercedes-Benz Museum in Stuttgart, Germany, on behalf of the Indianapolis Motor Speedway (IMS).

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© Photograph: Timm Reichert/Reuters

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© Photograph: Timm Reichert/Reuters

China's commerce ministry said in a statement that Trump's move "seriously violates" international trade rules, urging the US to "engage in frank dialogue and strengthen cooperation".

Ukraine armed forces say 84 people were rescued or had medical help after strike in Russian territory that Kyiv holds

Ukraine and Russia have traded blame for a deadly missile strike that killed at least four people in the dormitory of a boarding school situated in a part of Russia’s Kursk region held by Ukrainian forces.

Some of the war’s fiercest battles in recent months have been taking place in the Kursk region that borders Ukraine, where Kyiv forces have held swathes of the land since staging a major cross-border incursion last August.

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© Photograph: Yan Dobronosov/Reuters

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© Photograph: Yan Dobronosov/Reuters

Rohit Chopra, head of the top agency for consumer finance, submitted his resignation early Saturday after President Donald Trump fired him overnight, according to a source familiar with the situation.

• England captain has most goals in 50 Bundesliga games
• Romero scores winner for Espanyol against Real Madrid

The Bundesliga leaders Bayern Munich conceded three goals in the second half but beat Holstein Kiel 4-3 on Saturday, with Harry Kane scoring twice to set a league record for most goals after 50 games.

Bayern eased off in the second half and let in three goals in the last 28 minutes in a shaky second-half performance, but held on for the win that opened a nine-point lead at the top.

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© Photograph: Leonhard Simon/Reuters

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© Photograph: Leonhard Simon/Reuters

Investors have been bracing for further tariff news.

Yarden Bibas, Keith Siegel and Ofer Kalderon will be handed over on Saturday, Hamas armed wing spokesperson Abu Obeida said in a post on his Telegram channel.

Lower costs could yet lead to a wider adoption of AI, boosting demand for data centers, Blackstone's president said.

The broadband subscriber losses overshadowed the telecom and media giant's upbeat results and the announcement of a $15 billion share buyback program.

Stanford is serving a 110-year prison sentence after being convicted in 2012 of defrauding about 18,000 investors.

The married couple, won the world championships in pairs figure skating in 1994, had reportedly lived in the US since at least 1998.

Tesla's driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.

Phyllis Fong, a 22-year veteran of the department, had earlier told colleagues that she intended to stay after the White House terminated her Friday, saying that she didn’t believe the administration had followed proper protocols, the sources said.

Amazon allegedly provided tens of thousands of app developers with code known as Amazon Ads SDK to be embedded in their apps.