Elon Musk’s SpaceX ‘aiming for $1.5tn valuation’ in stock market flotation – business live | Business
Key events Show key events only Please turn on JavaScript to use this feature Introduction: SpaceX aiming for $1.5tn valuation…
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Just 0.001% hold three times the wealth of poorest half of humanity, report finds | Inequality
Fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire…
UK’s higher borrowing costs compared with major countries ‘may be coming to an end’ | Government borrowing
The “premium” that the UK pays to borrow money compared with its international peers may be coming to an end…
Rachel Reeves’s test from the bond markets starts now | Nils Pratley
Good news for Rachel Reeves: the cost of government borrowing has fallen a bit relative to the US and eurozone…
Badenoch announces Tory review of which conditions qualify for benefits | Benefits
The Conservatives have begun a policy review to slash the scope and cost of the benefits system, with Kemi Badenoch…
Bank of England expects budget will cut inflation by up to half a percentage point | Inflation
The Bank of England expects Rachel Reeves’s budget will reduce the UK’s headline inflation rate by as much as half…
Divided Fed ponders US interest-rate cut at end of tumultuous year | Federal Reserve
A divided Federal Reserve meets this week to decide whether to cut interest rates, the US central bank’s last meeting…
Trump accused of ‘colossal economic and national security failure’ for allowing Nvidia to sell powerful AI chips to China – business live | Business
Introduction: Trump clears way for Nvidia to sell powerful AI chips to China Good morning, and welcome to our rolling…
China’s record trade surplus reveals its biggest strength – and hidden weakness | China
A boom in exports that has pushed China’s trade surplus past $1tn for the first time reveals the extent to…
Bank of England cutting jobs as part of overhaul after critical Bernanke review | Bank of England
The Bank of England has said it is cutting jobs amid sweeping changes at Threadneedle Street after a highly critical…