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Trump’s ‘beautiful armada’ underlines US threat to Iran
Build-up of American military power comes as US president weighs strikes
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UK vehicle output hits lowest since 1950s as companies weigh defence shift
Sharp drop in production caused by fall-off in exports prompts carmakers to contemplate diversifying
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Metals surge boosts value of mining groups by almost $500bn
Moves fuelled by surge in prices of precious and base metals triggered by heightened geopolitical
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Universal basic income needed to cushion blow from AI job losses says UK minister
Lord Jason Stockwood had previously suggested that tech companies could pay a windfall levy to
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Microsoft profits jump as AI services demand boosts cloud sales
Quarterly revenue tops $81bn as sales in unit that includes Azure platform surge 26% from
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Meta says spending could nearly double to $135bn in AI investment boom
Company forecasts capital expenditures well above analysts’ estimates
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Tesla suffers first annual drop in revenue
Donald Trump’s EV policies and consumer backlash against CEO Elon Musk’s political activities hit car
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Federal Reserve signals no rush to cut rates as economy powers ahead
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not
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