011 Modello 1

Nissan to invest £170mn to build a new hybrid SUV at Sunderland plant

The addition of a fourth model comes as carmaker looks to boost factory’s utilisation rate, which is hovering at about 50%

New runway would emit as much CO₂ as the city of Birmingham, says independent Climate Change Committee

AI-driven reductions in food waste and labour costs can make culinary economics much more juicy

US Treasury secretary and Chinese vice-premier to hold talks as one-year expiry in trade war truce nears

President’s vow comes after a federal judge rejects effort to rename building

Sam Altman’s start-up could capitalise on demand for its technology after new model launches

Committee unanimously passes resolution, advancing the measure to the full chamber

Katie Martin speaks with Robert Armstrong

Also in today’s newsletter: 10-year Treasury yield hits highest level since 2007 and Putin moves summit over Ukrainian drone threat

Defeat is a massive setback to an industry that has spent record sums lobbying for a favourable market structure

Wandsworth local authority in London accuses Labour government of ‘deliberately targeting’ it

Nvidia chief has distanced himself from OpenAI, Anthropic and SpaceX’s efforts to slow research

Louise Haigh tells Trades Union Congress that every ask for flexibility ‘should be taken seriously’ by employers

How should investors interpret the labs’ calls for a slowdown?

New federal government reports shed light on sweeping fiscal toll of Middle East conflict

Market failure

State regulators greenlight plan after lengthy battle over safety and subsidies

The Defence, Security and Resilience Bank aims to provide low-cost financing for military initiatives

UK, US and Dutch intelligence agencies issue warning about cyber tool dubbed Chosen Brick

Ousting by Abelardo de la Espriella came after official defended previous administration’s employment data

Benchmark bond yield rises to 5.04% amid concerns over inflation and higher interest rates

Group claims to have spent months posing as law enforcement to obtain confidential data on hundreds of customers

The Oracle co-founder may have little choice but to sell shares if he wants to raise vast sums of money