Business / Finance
Rainmakers: The drones used to seed clouds
Cloud seeding is gaining attention as countries look to boost rainfall - will drones help?
A $13 billion property mogul is the latest to flee Britain’s new taxes for Monaco, a warning sign as California votes on a billionaire tax
David Reuben's move to Monaco follows a wave of departures since the U.K. scrapped its non-dom regime—and offers a preview of the fight California voters are deciding with Proposi…
Apparent exodus of super-rich suggests UK is no longer billionaires’ playground
If recent complaints are believed, London and the UK are no longer welcoming for ultra-high net worth individualsLondon was once globally renowned as the “billionaires’ playground…
Exclusive: Meet the 38-year-old founder who left Wall Street for love and created an AI insurance unicorn a decade later
Gage Caligaris' Ledgebrook has raised $200 million, co-led by Allianz X and Rockefeller Capital Management. The valuation is $2.6 billion, a source said.
Will AI kill the Asian entertainment industry, or reinvent it?
Studios in China are turning to models from ByteDance and Kling to generate 100-minute short dramas for less than $3000.
Citi shortens its analyst program to two years as Wall Street fights private equity for young talent
“The reality that private equity is interviewing so early in a banker’s career is very unfortunate, and to some extent, disappointing,” one Citi executive said.
$5 meals, $6 combos and fewer visits: McDonald’s barrage of deals isn’t winning customers back
High inflation and poor execution are turning off many of the burger giant's customers.
U.S. government moves over $100 million in BTC and BNB. A sale hasn't been confirmed
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham.
Wednesday briefing: Is it time to end the Bank of England’s independence?
In today’s newsletter: As MPs launch a fresh inquiry into the Bank, leading economists make their case for rethinking one of Britain’s most powerful institutionsGood morning. Ther…
'Wear more clothes if it's cold,' schools told as energy bills rise
The EA suggests cost-saving measures as it warns school gas and electricity bills are set to rise.
Half the harvest, twice the bills: how drought hit farms
Farmers gathered much less wheat in 2026 and dairy farmers' costs rose.
'I've tried everything to keep my pub open'
A pub landlord forced to close down says more venues face similar closures without more tax cuts.
O2 signs record £200m deal to keep London venue’s naming rights
Exclusive: 10-year sponsorship extension at a 50% premium on last agreement crowns bonanza year for live venueO2 has struck a record £200m deal to retain the naming rights to the …
Kalshi’s 15-min gold markets overtake Ether just weeks after launch
Gold recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether’s 318 million contracts and $2.6 million, though Bitcoin remained far ahead.
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week
The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.
Cardano gives token issuers power to freeze, seize and restrict assets
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into the asset itself.
Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed.
Bitcoin.de trading remains halted as German regulator rejects MiCA application
Trading on the platform has largely been suspended since June as its operator awaited MiCA authorization, with the company now looking to regulated partners to restart services.
David Ellison denies he has ‘politicized’ Skydance despite close Trump links
Ellison admits ‘good relationship’ with administration in remarks to reporters about newly merged media companyDavid Ellison, the chief executive of the newly formed media conglom…
Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties
Rush will give up 298 gold bars, Palm Beach and Jupiter Island real estate, 35 watches, two BMW Alpinas and about $40 million in cash.
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.
From 'woke' ridicule to real car - new electric Jaguar unveiled
Two years after JLR relaunched Jaguar into a blizzard of controversy, it has unveiled its new electric car.
Jaguar targets young Americans with Type 01 EV – but it’s too long for UK parking spaces
Latest model is launching in New York to target rich US buyers – and is more than 5.2 metres long and 2 metres wideIt has no rear window, will not fit into a UK parking space and …
He manages one of the most successful soccer clubs in the world and is the elite leader every CEO wants to talk to. So why has Mikel Arteta decided to go public on having his own DNA mapped?
The Arsenal boss explains why prioritizing your health is the foundation of good leadership and whether the skills that drive success in the sporting arena can translate to the co…