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Federal Reserve officials ‘strongly’ divided on December rate cut
Minutes from central bank’s October meeting pointed to schism on direction of monetary policy
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Musk’s xAI nears $230bn valuation in fundraising deal
Billionaire’s artificial intelligence company plans to raise $15bn
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Kering must kick Gucci habit, chief Luca de Meo tells staff
Boss sets out in memo need for luxury group to reduce ‘over-dependency’ on Italian brand
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European diesel prices jump on sanctions threat and supply disruptions
US sanctions on Russia’s biggest oil companies have added to fears of shortages from refinery shutdowns
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Quantum computing needs its own industrial revolution
The path to scalable computers is paved with high-tech equipment not just high-impact academic papers
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US and Russian officials draft new peace plan for Ukraine
Sweeping 28-point proposal would include territorial concessions and rollback of American military assistance
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Leftwing Labour MP offers Burnham his seat to replace Starmer
Move by Clive Lewis reflects increasing discontent with prime minister’s leadership
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US stocks rebound sharply ahead of Nvidia results
Wall Street shares have seen big swings this week as investors brace for all-important earnings from AI bellwether
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