Strong holiday season and boost from China leads to record revenue

Don’t believe the hyperscalers; it takes depreciation of billions to hold them back

Equity portfolio could lose a quarter in the event of extreme weather events and shed more than half from an AI correction

Move would mark return to growth after shuttering hundreds of poorly performing stores last year

US president personally asked Russian counterpart for ‘energy’ ceasefire amid frigid temperatures in Kyiv

Ola Källenius declined offer but warns that Europe needs to realise it faces competition for investment

Beleaguered programme may continue in scaled-back form, after Airbus CEO said his company had given up on fighter jet

Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs

iPhone-maker strikes deal for secretive group that creates technology that analyses facial expressions

Palantir and Deloitte among beneficiaries of spending by government agencies

Patrick James and brother Edward accused of fraudulently obtaining billions from lenders in New York federal case

Border tsar Tom Homan says move would be contingent on reaching deal with local authorities over access to prisons

Marco Rubio defends ‘novel’ scheme under which America will approve how Caracas can spend portion of national income

Police record rise in shoplifting and big jump in robberies from business properties

Latest data shows tentative signs of improvement after years in the doldrums

The smell of death is descending on a directionless government

Future of the company lies in equipping and running a global fleet of driverless taxis and in selling humanoid robots

Shares fall 16% as Europe’s largest software company says its cloud backlog growth will ‘slightly decelerate’

Gold and silver also soar to new highs on concerns over US dollar and geopolitical turmoil

Official purchases fall 20% amid historic rally and are expected to decline further this year, says World Gold Council

Crude exports to Havana are drying up, according to Kpler, amid US blockade of Venezuela and pressure on Mexico

South Korea’s Samsung and SK Hynix post record earnings but say capacity expansion will be limited this year and next

Build-up of American military power comes as US president weighs strikes

New research describes how commerce shaped our culture