Highest-paid mandarins at top of organisation will face stricter performance monitoring

Moscow’s troops gain territory around the Russian town of Sudzha ahead of crucial talks between Kyiv and Washington this week

Reforms rather than quick fixes will save more money in the long term

President Ahmed al-Sharaa calls for calm after attempted pro-Assad uprising escalated into sectarian violence

Proceeds of deal by Roman Abramovich have been sitting in a fund for more than two years

Asset managers have been promoting tech mogul’s ties to Donald Trump to lure capital to xAI, Neuralink and SpaceX

Kuwait has stripped nationality from 42,000 people after suspending the region’s only parliament last year

Even Germany’s frugal friends are undergoing policy and sentiment shifts

Support for female equality is edging up but going backwards among young men

Pharma group looks to take advantage as Wegovy and Ozempic start to go off patent next year

Partner hires on track to hit record high after 155 senior lawyers take new roles in the first two months of 2025

Eduardo Bolsonaro seeks support in Washington as his father faces charges of leading a coup plot

Innovation by world’s biggest suppliers potentially smooths path for self-driving vehicles

Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuance

Governments chase illusory short-term cuts when what’s needed are routes back into lasting employment

Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagrees

It is hard for a journalist to accept, but almost all events are ephemeral

Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturing

Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehicles

Damascus claims it has brought uprising under control but is now struggling to contain revenge attacks on Alawites

MP who criticised leader Nigel Farage is accused of bullying

Former Barclays CEO is fighting FCA ban over allegedly playing down ties to the dead paedophile

Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall Street

Trump is the heir to a national-populist strain that runs deep in American politics

A London espionage trial has provided rare insight into the activities of Jan Marsalek, the former payments executive, and how Moscow is outsourcing its spying

Prime minister also open to exploring how French atomic weapons can protect whole continent

Four satellite operators in talks over back-up for Kyiv if Elon Musk switches off broadband service

Outlay on items including consultants, planning and legal fees jumps from £800mn two years ago

US president tells Moscow and Kyiv to get to the bargaining table ‘right now’

Ornella Barra calls take-private deal a ‘strategic milestone’ for UK pharmacy chain

Police described case as one of the biggest espionage investigations in UK in decades

David Lammy says Britain is ‘open’ to joint financing of military spending to boost continent’s security

UK regulator wants to loosen requirements for banks to test whether borrowers can cope with higher interest rates

The true causes of growth are one of the great mysteries of economic thought

Mortgage lender says short supply and strong demand will push prices higher this year

Fed chair Jay Powell says central bank is no ‘hurry’ to cut rates despite weaker-than-forecast jobs figures

Trump passes executive order for bitcoin reserve based on assets forfeited to authorities

Hopes for stronger economic growth fuel sharp recovery as dollar weakens

Stanley Druckenmiller has spent years quietly running his family office. Now one protégé is Treasury secretary and another is vying for Fed chair

Services from Paris Gare du Nord cancelled while French police work to remove explosive