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Donald Trump confronts New York fraud claims on first day of trial
Former president comes face to face with judge and state’s attorney-general on first day of proceedings
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US Treasury yields hit 16-year high as bond rout resumes
Strong factory data reignites selling in global debt markets after brief recovery
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IMF calls on governments to impose carbon taxes or face ‘unsustainable’ fiscal hit
Fund says costs of hitting net zero by 2050 could raise public debt by 50% of GDP, without taxes
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Jeremy Hunt announces plan to shrink civil service
UK chancellor seeks to shift debate from tax cut to pay and benefits
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Why the west cannot turn a blind eye to a murder in Canada
Ignoring the possible role of foreign governments in assassinations would pose major risks to national security and social stability
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US shale bosses vow to hold back drilling despite rising oil price
Producers say Biden’s ‘war’ on fossil fuels and Wall Street’s insistence on capital discipline limit expansion
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Renewable energy stocks hit hard by higher interest rates
Sector falls 20% in two months, with some wind turbine shares weighed down by contracts struck at unfavourable prices
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Sharon White to step down as John Lewis chair in 2025
Decision comes just weeks after UK retailer warned it would take two more years to complete turnaround
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