Breaking News

EU agrees hefty $105bn Ukraine loan without using Russian assets
EU leaders decide to borrow cash to fund Ukraine’s defence rather than use frozen Russian monies, diplomats said.

WH Smith faces City watchdog investigation over accounting woes
WH Smith is being investigated by the City watchdog after the company revealed accounting failures in its US operations.

Retail rues tough Black Friday amid consumer caution
Black Friday sales do not appear to have provided much cheer for retailers amid continued consumer caution, according to official figures.

TikTok owner signs deal to avoid US ban
The deals would end years of efforts by Washington to force ByteDance to sell its US operations.

UK names Christian Turner as ambassador to US, replacing Peter Mandelson
Turner has spent a nearly 30-year career working across Whitehall and the Foreign Office.

Holt Said to Leave New Mountain, Pursue $30 Billion Deal
New Mountain Capital’s Matt Holt is leaving the firm and is in talks to buy five of its portfolio companies in a deal valued at more than $30 billion, according to people familiar with the matter.

Japan Should Have Nuclear Weapons, Official Reportedly Says
A senior government official who advises Japanese Prime Minister Sanae Takaichi on security expressed a personal opinion that Japan should have nuclear weapons, according to local media reports.