Stargate joint venture with SoftBank seeks more computing power to run powerful AI models

Truce with Rwanda is a test case for Donald Trump’s transactional diplomacy

Legislation will raise costs for companies that extract lithium, nickel, cobalt and magnesium

If the double act is no longer working, the core problem may not be Reeves

President says Vietnamese exports to US will be subject to 20% levy

Drug group chief Pascal Soriot frustrated with UK but shareholders worry about country losing FTSE’s largest company

Political judgment of Starmer and close allies in doubt after U-turn on planned cuts to benefits

Legislation’s deep healthcare cuts and implications for national debt spook parts of president’s Republican party

CEO Whitney Wolfe Herd warns ‘dating apps are feeling like a thing of the past’

Chancellor faces some unpalatable options in the wake of Labour’s costly retreat on welfare

Electric-vehicle maker grapples with increased competition and blowback from Elon Musk’s political activism

Former UBS CFO transferred investments worth £78mn to his wife but argued they had not become ‘matrimonialised’

UK prime minister says he ‘in lockstep’ with chancellor who will be in the position for a ‘very long time to come’

The UK prime minister is weak but Labour MPs are deluded about fiscal reality

Reduction in weapons shipments makes Kyiv more vulnerable to Russia’s escalating attacks

Eleventh-hour climbdown on reforms leaves government facing a fiscal shortfall

Official review finds blaze caused by ‘catastrophic failure’ at local substation

The US appears to be turning its back on a scientific consensus that has relegated several diseases to history

Robey Warshaw partner and former chancellor is leading a review of options

The PEM convention would reduce exporters’ post-Brexit difficulties with supply chains

Five vessels hit with limpet mines this year shortly after visiting Russian ports

The democratic socialist candidate to be mayor of New York mistakenly believes that the economy is a zero-sum game

A legislative win for the president could hurt his party given the tax and spend measure’s low popularity

Start-up named after the dragon’s mountain in ‘Lord of the Rings’

Wall Street titans to raise dividends and buy back shares on back of lighter oversight

Plans to cut £5bn from Britain’s spiralling benefits bill lie in tatters after U-turn

Rules aimed at tightening regime will at first make provision for temporary shortages in non-graduate occupations

Government wins vote but watered-down measures will leave a multibillion-pound hole in public finances

Fed chair has been under relentless pressure from Donald Trump to lower borrowing costs

Landmark legislation to extend tax cuts and reduce spending on healthcare now returns to the House

Spanish bank beat British rival Barclays which also put in a formal bid for the Sabadell-owned unit

Chancellor is being pushed to bend her rules on borrowing to fund higher spending

Package would cut levies by $4.5tn over 10 years while slashing welfare spending and green subsidies

It is easy to imagine conditions in which money simply dries up, perhaps in response to large movements in bond yields

Central bank has come under pressure to slow quantitative tightening amid global bond sell-off

European capitals insist US drops levies on EU as part of any framework deal

Rift deepens between the two men over US president’s flagship tax and spending bill

Last time he got what he needed instead

Many Republicans could lose their seats in Congress as a result of the president’s reverse Robin Hood budget

Interest rates expected to be kept on hold at central bank’s next meeting after June reading