ExxonMobil wins decisive backing to move corporate domicile to Texas
Oil major to relocate incorporation from New Jersey as it seeks to parry investor activism
Why Britain’s new homes don’t have air conditioning
As heat records are broken, developers point to regulations and uncertain buyer demand
US-backed rare earth rivals clash over alleged technology theft
Legal battle erupts between mining companies supported by Trump administration to break dependence on China
Uber adds to its Delivery Hero stake at €12bn valuation
Share purchase from Aspex Management steps up US ride-hailing group’s pursuit of German food delivery company
Uber bid for Delivery Hero would be an odd route to superapp status
Food delivery group’s taxed operating profit this year is only about 2.4 per cent of its enterprise value
For ailing Lululemon, going private might not be a stretch
The company has essentially no net debt and still generated $1bn in free cash flow last year
Preventing a ‘Chernobyl moment’ in AI
A White House order on testing frontier models would be a significant first step
Sex abuse trial of prominent Northern Irish politician starts
Former DUP leader Sir Jeffrey Donaldson is accused of 18 historic charges involving two alleged child victims
Blair ‘does not understand’ role of inequality in politics, Burnham says
Greater Manchester mayor hits out veiled attack from former prime minister
EU pushes for ‘tech sovereignty’ to cut reliance on US
Draft strategy marks shift from regulating Big Tech to favouring European services
Robinhood to let investors use AI chatbots for share trading
US brokerage joins ‘arms race’ to give retail investors new tools
Want to predict central banker behaviour? Look to their birth date
Formative experiences shape our views on future inflation as much as the data
The future of consulting
Plus, why so many young people are leaving academia and the unprecedented costs of being a grandparent
Fifa subpoenaed over World Cup ticket practices in two US states
New York joins with New Jersey in probe of ‘sky-high prices’ just weeks before tournament kicks off
Jamie Dimon says JPMorgan could spend up to $20bn on a new acquisition
Bank chief executive says Trump administration’s lighter approach to regulation has freed as much as $50bn in excess capital
Doctors in England to strike for 4 days in June
Walkout over pay by British Medical Association will be 16th in three years
My five lessons from judging this year’s International Booker Prize
Reading 128 books in eight months was a privilege — and a lasting education in making time, embracing difference and building literary muscle
Et tu too, FTSE Russell?
A new telecoms value stock is coming to town
Data centre owner DigitalBridge buys energy PE firm ArcLight for $1bn
Tie-up comes as Wall Street heavyweights strike partnerships to uncover new sources of power
Oil falls as Iranian state television reports details of peace proposal
Broadcast said draft deal would restore Strait of Hormuz shipping within a month
Dulux owner AkzoNobel rejects €13bn attempt to gatecrash merger
Shares jump as Nippon Paint and Sherwin-Williams attempt to muscle in on deal between Dutch group and Axalta
Russian banks to arm themselves against Ukrainian drones
New law will allow staff at country’s central bank and Sberbank to carry weapons
OpenAI’s foundation to spend $250mn on research into AI’s impact on economy
First indication of how group will deploy its cash after vowing in March to hand out $1bn over 12 months
Securitisation could help plug Europe’s funding gap
Deeper capital markets are essential to the continent’s growth