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Berkshire Hathaway’s cash pile hits record as Buffett dumps stocks

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Billionaire investor trimmed the conglomerate’s equity portfolio and put money in Treasury bills

Top shale boss says US oil companies will not flock back to Russia

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Harold Hamm warns executives will be wary of any peace deal between Trump and Putin

China taps tech talent to boost AI data centre boom

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Beijing is pooling resources from the private and state sectors to accelerate adoption of the fast-developing technology

US traders snap up aluminium ahead of Trump tariffs

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Imports hit highest level since mid-2022 as premium over London price surges

Hamas frees five hostages as first phase of ceasefire nears end

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Militant group due to release one more hostage on Saturday as part of exchange for hundreds of Palestinian prisoners

Deutschlands Entscheidungswahl

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Nationale und internationale Spannungen sowie wirtschaftliche Stagnation überschatten die Bundestagswahl am Sonntag

Germany’s watershed election

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Domestic and international tensions as well as economic stagnation hang over Sunday’s Bundestag vote

The anti-woke overcorrection is here

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Conservatives are mistaking public dislike of the cultural left for enthusiasm for the opposite dogma

‘You know what? They quit!’ Resigning by proxy and the crisis of corporate Japan

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Agencies that help dissatisfied employees make a clean break are putting pressure on companies and exposing a demographic problem

How Washington plans to defend the dollar

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Trade tariffs grab headlines but the less-visible fight around money matters deeply to the president

There are no shortcuts to manage the Russia challenge

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Despite Trump’s diplomatic cavalry charge, the Kremlin will continue to view the west as an enemy

Why ‘Trump regime refugees’ are falling in love with Madrid

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Americans are finding a haven in Spain where their spending power goes a long way

Britain’s new right should beware misplaced triumphalism

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Hope is not built on over-reach or abandoning conservative principles

Travel hotspots tempted to copy Venice visitor fee

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Tourism association head says cities should reduce burden on locals rather than attracting more visitors

Students stage ‘Dark Indonesia’ protests as Prabowo’s cuts hit education

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Young adults say lack of jobs is driving them overseas as president prioritises free school meals programme

Trump fires top US military official in Pentagon shake-up

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President removes CQ Brown and other senior officers who he blames for pushing diversity, equity and inclusion policies

Trump considers tariffs to counter digital services taxes on Big Tech

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President orders probes into levies imposed by EU, UK and Turkey on US companies

£67bn of UK investors’ money is in underperforming funds

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Wealth floundering in so-called ‘dog’ funds rises 26 per cent in six months, as investor Nick Train’s UK Equity product named among them

US stocks post worst slide in two months on gloomy economic data

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Sentiment among businesses and consumers cools sharply as tariffs and inflation take a toll

Global Counsel cleared of failing to disclose Qatari work

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Ruling on advisory firm likely to renew criticism of disclosure exemption for foreign subsidiaries

What’s really behind Trump’s abrupt pivot to Russia?

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The president has shocked allies by opening talks with Moscow and criticising Ukraine. Will this dramatic shift in US foreign policy hold?

Directors’ Deals: Jadestone shareholder increases stake as production jumps

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Oil producer expected to increase output again this year

Is air travel becoming more dangerous?

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A spate of high-profile incidents has shone fresh light on aviation safety

Denise Cheung, the US prosecutor resisting Trump

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A lifetime public servant, the by-the-book lawyer is the latest to defend the integrity of an increasingly imperilled justice system

Geopolitical rupture sparks quiet market rebellion

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It does not take a deep scratch beneath the surface to uncover investor nerves

America has turned on its friends

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Donald Trump’s abandonment of allies is real and will endure

About all this ‘Mar-a-Lago Accord’ chatter

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Nice global financial system you got there, be a shame if something happened to it

Germany’s Merz says Europe can no longer rely on US protection

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Frontrunner for chancellor expresses doubts over US Nato commitments, with the far-right AfD set for its best result

German federal election 2025: what’s at stake?

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Everything you need to know about the parties, policies and voting in Sunday’s polls

Downing Street rejects plan for legal migration cap

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Officials had been studying hard limit as way to reduce numbers

Ukraine to sign critical minerals deal ‘in the very short term’, US claims

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National security adviser Mike Waltz tells conference that ‘economic partnership’ will be ‘good’ for Kyiv

'America is now an adversary'

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Plus, inside the UK's 'right wing Davos'

Britain is struggling to accept the end of Atlanticism

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The ‘special relationship’ has underpinned the UK’s security since the Suez Canal debacle — but the world has changed

Apple withdraws cloud encryption service from UK after government order

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iPhone-maker says it can no longer offer advanced protection in Britain after demand for secret ‘backdoor’ to user data

Vladimir Putin prepares for return of western companies to Russia

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President orders cabinet to give domestic producers preferential treatment as payback for sanctions

Italy’s Meloni torn between supporting Ukraine and pleasing Trump

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Prime minister opts out of G7 call as dream of mediating between US and Europe fades

UK’s Hinkley Point C nuclear plant yet to attract new investors, says EDF boss

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Focus falls on future of flagship energy project, the first for a generation

Poland’s political rift deepens as ‘coup’ allegations fly

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Ultraconservative opposition allege Tusk government planning to interfere in presidential election

Starmer warns cabinet about Blairism — while bringing in New Labour era staff

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Prime minister’s note to ministers repudiates older views on globalisation and immigration

Singapore regulator to inject $4bn into stock market to boost listings

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Authorities also announce tax incentives as part of package designed to revive struggling equity market

Cairo cool: the renaissance of Downtown

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The city’s Belle Époque streets were once Egypt’s nexus of cosmopolitan culture and society; their shine dimmed by post-revolution neglect. Now, a handful of divergent forces are reimagining the original ‘Paris along the Nile’ for a new generation

The Big Question: What is behind the UK productivity gap?

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Eurozone activity stagnates as price pressures prove sticky

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Inflation in dominant services sector ‘definitely’ not under control, survey data shows

Reform reformed

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Can Farage’s party changes limit the scope for infighting?

StanChart CEO says bonus cap led to ‘grotesque’ banker pay rises

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Lender reduces chief executive’s basic pay by 40% but higher reward possible after UK’s abolition of cap

Four banks fined by UK regulator over gilt information sharing

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Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mn

Australia warns airlines over Chinese ‘live fire’ exercises

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Foreign minister Penny Wong to confront Chinese counterpart over drills off east coast

UK budget surplus for January falls short of expectations

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Figures come as chancellor Rachel Reeves struggles to keep her Budget plans on track

The small caps disappoint

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Plus how to ‘monetise’ the US balance sheet

Can Europe afford to defend itself without the US?

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Also in this newsletter: The EU’s peace offering in Trump’s trade war