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Should the US ban Chinese drones?

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The best selling drones in the US are made by DJI in China - some Republican lawmakers plan to ban them

Battery start-up Northvolt files for bankruptcy protection in US

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Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden

German defence minister clears way for Scholz to lead SPD into elections

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Boris Pistorius said speculation over who would be the party’s main candidate was damaging its campaign prospects

Three Bank of America bankers in India depart over alleged client tips

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US bank conducting internal investigation into ‘front running’ of deals

Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says

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Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investors

Starmer meets BlackRock boss Larry Fink in Downing Street

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Discussions between ministers and asset manager’s board covered regulatory delays and boosting UK growth

BP greenlights $7bn Indonesia gas project

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Project with partners shows energy groups maintaining focus on demand for the fuel

A new test of credibility for India’s business establishment

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US charges against Gautam Adani raise questions about Delhi’s safeguards

Volkswagen workers in Germany prepare to strike within weeks

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Executives reject union proposal that would rule out factory closures in the country

Gary Gensler to step down as SEC chair in January

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Regulator had pushed through a blizzard of new rules during his tenure

Matt Gaetz withdraws as Trump’s nominee for US attorney-general

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Former congressman said the controversy around his nomination had become a ‘distraction’

Google vs the DoJ fight will be decided by a political call

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How the new Trump administration acts on the case will be a key test of its attitude to Big Tech

$20bn wiped off Adani corporate empire after bribery charges

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US corruption charges against one of India’s richest men sent shares in his businesses reeling

ONS faces fresh scrutiny over flawed UK labour market data

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MPs ask national statistician for clarity on when problems with ‘integral’ survey will be resolved

It’s time for the UK to make some radical choices

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The incoming Trump presidency should force the UK government to overcome its cautiousness

German election 2025: Who’s ahead in the polls?

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After the collapse of Olaf Scholz’s three-party coalition, follow our live-updating polling data and discover other possible coalitions ahead of February vote

We must redefine the terms of the devolution revolution

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The UK government should further empower England’s metro mayors in order to unlock their full potential

ICC issues arrest warrant for Israeli PM Netanyahu

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Warrant also issued for former defence minister Yoav Gallant over allegations of war crimes and crimes against humanity

Rushed UK leaseholder law contains ‘flaws’, ministers warn

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Need to correct errors in bill passed before election will push reforms back by more than a year

Temu owner PDD misses sales estimates amid China slowdown

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Shares drop after tech group warns on ‘intensified competition’

US hits Russia’s Gazprombank with sanctions

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Move in effect bans state-owned bank from global financial system in blow to payments for Moscow’s war effort

Labour’s beef with farmers

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Plus, what next for Ukraine as it fires western-made missiles into Russia

UK imposes sanctions on Isabel dos Santos in money laundering crackdown

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Africa’s former richest woman and exiled Ukrainian oligarch Dmytro Firtash among trio hit by measures

Donald Trump narrows in on Marc Rowan for Treasury secretary

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Plus, Lebanon pins its hopes on the father-in-law of the president-elect’s youngest daughter

Nato right to heed Russian anger over Ukraine accession plan, Merkel says in memoirs

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Ignoring Vladimir Putin’s opposition to 2008 proposal would have risked ‘playing with fire’, writes Germany’s ex-chancellor

Europe Inc needs to scale up or risk becoming a museum

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Helsinki shows how reinvigoration can work but co-ordinated help for entrepreneurs across the continent is needed

How to (possibly) stop worrying about London rental prices

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In a strictly inflation-targeting-regime context

Russia fires intercontinental ballistic missile at Ukraine for first time, Kyiv says

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Moscow retaliates after Ukraine fired US and UK-made long-range missiles into Russian territory

‘Numero uno’: US takes aim at Gautam Adani

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Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme

Trump may be right about Ukraine’s endgame

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If they play their cards well, leaders across Europe can exert leverage on America over how to end the war

John Prescott, UK politician, 1938-2024

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Former deputy prime minister central to the New Labour project was one of the party’s most popular figures

Power and antiquity collide in the City of London

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The financial district’s new lord mayor sees himself as ‘cheerleader-in-chief’ for the sector

US clean energy thrown into uncertainty ahead of Trump 2.0

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Green investment is growing at a record pace even as the future of the IRA is up in the air

The global green transition will survive Trump

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Higher borrowing costs from tariffs and tax cuts will be the US’s main impact on carbon-saving investment worldwide

Mass X-odus: professionals desert Musk’s network

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Creatives and freelancers miss opportunity and inspiration after decline of X

Will China win the clean-energy era?

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Trump loves fossil fuels but his sidekick Musk wants a piece of the action

Where to stay in Miami

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South Beach glamour, haute luxe, culture fix, resort fun . . . no matter what sort of stay you’re after, you’ll find it in the Magic City

How to put Europe’s savings to work

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The EU must redeploy capital it squirrels away abroad

US is vulnerable to inflation shocks, top Fed official warns

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Tom Barkin’s comments come as business braces itself for the new policies of Donald Trump’s incoming administration

US envoy to meet Israel’s Netanyahu in renewed push for Hizbollah ceasefire

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Amos Hochstein’s trip to Israel comes after talks with Lebanese officials

Jimmy Lai case tests red lines of UK-China relations

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British national’s supporters hope human rights will be prioritised over UK push for strong relationship with Beijing

UK government borrowing for October exceeds forecasts at £17.4bn

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Data highlights challenges facing chancellor Rachel Reeves

Oil-producing nations under fire at COP29 over fossil fuels omission

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EU says draft agreements released at climate summit are ‘clearly unacceptable’

China’s solar stranglehold and Taiwan’s AI aims

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The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Former UK deputy prime minister John Prescott dies at 86

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Politician was central to Tony Blair’s New Labour project

The three big market uncertainties

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Plus earnings season

Chinese satellite company to challenge Musk’s Starlink in Brazil

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Billionaire investor had clashed with Brasília this year over alleged misinformation on his X social media platform

Australia introduces bill to ban under-16s from social media

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Technology companies face fines of up to $32.5mn for systemic breaches

How the European parliament reached a deal on the new commission

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Also in this newsletter: Should EU countries still be issuing so many visas to Russians?

Chinese managers limited flows to US funds after Trump victory

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ChinaAMC and Tianhong restricted subscriptions on expectations of increased investor interest