Jimmy Ba will be the sixth member of the founding team to depart

Investment in British energy system is happening at a time of soaring costs for new equipment, says CEO Chris O’Shea

La Caisse to suspend future ventures with the Dubai-based logistics group over Sultan Ahmed bin Sulayem’s messages

Schwab and ETrade parent Morgan Stanley among those hit on worries about tax-planning platform

PM ‘not aware’ that Matthew Doyle had campaigned for councillor who admitted having indecent images of children

Research comes as ministers signal rethink of policy that could carry big fiscal cost

Star’s departure intensifies pressure on talent agency boss who exchanged flirtatious messages with Maxwell

US commerce secretary grilled in Congress over his relationship with late sex offender

Upbeat assessment ahead of elections contrasts with traditional Wall Street preference for minimal intervention

Jeff Dellapina will be replaced by Asia finance chief Jay Ng

Energy groups, small caps and materials companies have displaced AI-linked shares as best performers

New York-based Neuberger Berman will manage assets of MIO, which invests private wealth of consulting firm’s partners

Media group adds ‘ticking fee’ to give shareholders additional payment for every quarter deal does not close

Nobuhisa Iida to become president of FT’s owner while Naotoshi Okada will be corporate adviser

Trump and his supporters see the UK capital as the symbol of a Europe facing ‘civilisational erasure’

Health secretary forced to put ambitions on hold as uneasy truce settles over Labour ahead of electoral tests

London-listed group says it will focus on strengthening its balance sheet

French president calls on bloc to take the necessary steps to become a true global economic power

Romantic relationships with AI models will not heal the disconnect between young men and women

Rising number of men killed or missing in action makes a military breakthrough for Moscow less likely, officials say

Senior directors leave after losses on UK utility and souring of another European investment

Restaurants have raised prices to offset rising labour and ingredient costs, leading low-income customers to visit less often

Tech billionaire’s desire to put computer infrastructure into orbit is central to $1.25tn plan to merge SpaceX with xAI

Latest incidents follow pattern of aggressive behaviour by Beijing towards neighbours