Buyout of group behind Boots will bring to an end the drugstore chain’s century-long run as a public company

US cabinet told to ‘keep all the people you want’ in first sign of pushback against Elon Musk’s cost-cutting project

The president’s chaotic policies are squandering a decent inheritance

Elon Musk ally Michael Grimes has overseen shake-up of office doling out billions of dollars in semiconductor subsidies

Hungary’s Viktor Orbán isolated as other 26 leaders back Kyiv

UK prime minister talks to around 20 countries about joining ‘coalition of the willing’

Crisis meeting called after £6.6bn NHS England deficit predicted and national medical director resigns

Wall Street extends slide sparked by fears over economic impact of Donald Trump’s on-off trade war

Move expands one-month carve-out for car imports to all USMCA-compliant goods with possibility of longer reprieve

Tuning out the external world may be tempting but it’s the wrong strategy

Rate-setters shift tone, suggesting possible pause to reductions in borrowing costs

In a world without US security guarantees, all other priorities must give way to defence

Donald Trump’s turn to Moscow is restoring the geography of the cold war

Where there is a will (to boost military capabilities), there is a way

Murray Auchincloss’s share awards drop sharply to £2.75mn, compared with £4.36mn in 2023

Europe’s backing for Kyiv faces resistance from Orbán as Trump turns US-European relations on their head

Surge in demand for premium leisure will help airline group boost profits, says chief Ben Smith

Treasury select committee finds high-street bank tops list for number of systems failures since January 2023

Firms including Deloitte and Accenture told to justify billions of dollars’ worth of contracts

AI data centre provider hit by blow from biggest customer ahead of the biggest tech listing this year

Number of new homes given go ahead last year was lowest since 2014

One of the world’s most complex financial conglomerates is attracting scrutiny for circular flows of cash involving its global property portfolio

Europe’s largest economy could return to pre-pandemic growth trend

The public water utility cannot avoid a debt refinancing, despite the horrifying expense

German borrowing costs climb as yields also rise across Eurozone and Japan

Sweeping geographic labels had sparked break-up speculation and been deemed inappropriate by some staff

US president says Washington will send ‘Israel everything it needs to finish the job’ in Gaza

Former UK prime minister takes up part-time, paid advisory role at ex-Florida governor’s Finback Investment Partners

Izzy Englander still owns 100% of one of the world’s top hedge funds

France’s president proposes discussions with European allies amid fears about US pullback and the threat from Russia

Carve-out applies to companies operating through US-Mexico-Canada trade pact

Justice department said suspects were involved in extensive ‘hacker-for-hire ecosystem’

Former bank boss is trying to clear his name over ties to dead sex trafficker Jeffrey Epstein

Andrew Bailey plays down risks of self-reinforcing acceleration in price growth

No, Mr President, they are not going to make America rich, great or popular

Brent drops below $70 a barrel following larger-than-expected increase in US crude stocks

TC Energy chief says continent needs to deepen cross-border ties to avoid inflation and protect energy security

John Healey flies to Washington to persuade American counterpart to offer military ‘backstop’ for European force

Doing so is the only effective means of saving Ukraine

Friedrich Merz leads German pivot in Europe’s ‘rearmament’ race