Seoul rattled by threat to drills at heart of US-Korean alliance
Donald Trump’s eleventh-hour demand to ‘reduce’ annual exercises and praise of Kim Jong Un unsettles ally
Ferrari’s first EV auctioned off at record $40mn
The Luce’s auction price sets a record for a new car
Labour MP suspended amid investigation into Covid loans
UK Bounce Back scheme provided taxpayer-funded loans at a low interest rate
The UK is going the wrong way about protecting pubs
Government measures do little to support bars’ underlying business case
ExxonMobil advances Mozambique gas project despite terrorist threat
Rovuma LNG plant expected to cost $30bn
Chelsea shareholders Walter and Boehly in talks to sell stakes to Clearlake
Negotiations come amid clashes over strategy and as Walter’s business empire faces scrutiny from regulators
Crime and punishment in the Middle East
Lebanon and Syria are trying to improve the application of justice but challenges remain
Russia fires economist over Ukraine war warning
Andrei Klepach dismissed after bleak remarks about economic toll of conflict
Monzo chair Gary Hoffman to step down months after shareholder revolt
Digital bank removed TS Anil as chief last year before reinstating him to board after investor rebellion
Ebola outbreak becomes DR Congo’s deadliest
World Health Organization warns country has entered ‘intense transmission’ phase of the virus
Kushner holds talks with Netanyahu after meeting Hamas leader
Donald Trump’s son-in-law and envoy is pushing Washington’s peace plan for Gaza
US tech stock correction likely, warn ECB economists
Boom-bust pattern could become ‘question of financial stability’ for euro area, central bank team writes in blog post
The realignment of the Middle East
Iran conflict is reshaping alliances in a way neither America nor Israel foresaw
Reform’s deputy leader tells Britons to ‘enjoy’ heat amid record drought
Richard Tice’s call for people to ‘celebrate’ hotter weather comes as farmers warn of one of the worst harvests on record
Manchester’s towering ambition shows in its new skyline
The city’s economic confidence draws critics as eyes turn to Burnham’s power base
Nvidia pledges $100bn backing for OpenAI data centre in Ohio
Chipmaker also invests $1.5bn into SB Energy, an energy company founded as part of SoftBank Group
UK government to pay KPMG and EY up to £456mn to train civil servants
Deal marks largest contract awarded to Big Four firms in at least a decade
Barclays shakes up investment bank less than 3 years since last overhaul
Mike Joo hired from Bank of America to lead investment banking
Can Democrats seize Congress from Trump?
The races, the money and the issues that will determine the final half of Trump’s second term
Carlsen supreme in Paris at Esports World Cup
Puzzle: can you find Capablanca’s win?
Trump’s war on customs fraud will be costly and difficult
The US administration has incentivised the tariff cheating, mislabelling and misvaluation it complains about
Angels in America — this acclaimed Aids epic remains grim, angry and timeless
Ivo van Hove’s esteemed production of Tony Kushner’s Pulitzer-winning work finally premieres in the UK at the Edinburgh International Festival
Trump threatens to bomb Oman if it ‘gets in the way’ of US-Iran negotiations
US president’s remarks follow talks between Gulf state and Tehran over provisional arrangement to manage Strait of Hormuz
Reform UK vows to block foreign nationals from claiming benefits if it wins power
Party’s Treasury spokesperson Robert Jenrick says current welfare system is ‘a strange perversion of compassion’