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BP to sell $4bn US biogas business as profits more than double

UK oil major has had several approaches for its North Sea assets, says chief executive

Real estate group Prologis made its ‘final’ approach for London-listed rival last month

The impact extends far beyond jewellery retailers where demand for natural stones has fallen

World’s biggest carmaker expects to sell more than 5mn hybrid electric vehicles this year

Climate change; stablecoins; China; Trump/BBC; airport parking; trade policy; Bernard Arnault; and lightbulbs

Europe’s largest lender boosted by wealth management and insurance business in Hong Kong

More thoughts on why it’s happening

Also in today’s newsletter: Spain’s migrant amnesty and Google’s finance machine

Morocco’s absolute ruler Mohammed VI turned Spain’s border into leverage over Madrid

AstraZeneca’s talks with Bristol Myers Squibb could create the world’s fourth-largest drugmaker by market value

But the country’s relative isolation from AI may not last

Victoria Craig talks to Aaron Kirchfeld and Katie Martin

Cecil Wright alleges billionaire went ‘behind its back’ to avoid paying €17.5mn commission on luxury vessel

Fifa’s regulatory functions must be separated from its commercial activities

Rights groups say Rome and Berlin have used similar policies to regularise the status of unauthorised immigrants

Set in a diner in small-town America, this tale of sexual betrayals returns to Sadler’s Wells, London with precision-tuned performances

Private credit, chip leases and data centre guarantees underpin a vast new model for AI spending

Corporate Britain is gaining confidence in Kemi Badenoch after a revolving door of shortlived Tory leaders

Samantha Jones or spouse held financial interests in G Square Capital private equity business

Investor MML buys 27% of Jersey-based law firm that operates in tax havens around the world

Police raids strike new blow to reputation of Malaysia’s troubled Chinese-backed Forest City project

Mike Doustdar says he is open to ‘large’ deals and group will suffer ‘failures’ as it tries to cut reliance on weight-loss drugs

This riveting doc explores how ex-cheese salesman Hank Molt birthed an industry that now threatens entire ecosystems

The Gulf state is investing heavily in land, ports and influence across the continent. But its entangled goals come at a price