Author: James Harden

U.S. President Donald Trump (R) walks with Russian President Vladimir Putin as they arrives at Joint Base Elmendorf-Richardson on August 15, 2025 in Anchorage, Alaska.Andrew Harnik | Getty Images News | Getty ImagesU.S. President Donald Trump told Russian President Vladimir Putin that a swift resolution to the Ukraine war could pave the way for the countries to fully restore trade and economic ties, according to a Kremlin readout of a call between the two leaders.Trump and Putin were said to have exchanged views on the results of the recent visits to Moscow and Kyiv by U.S. envoys Steve Witkoff and…

Two years after Mario Draghi warned that the EU faced “slow agony” unless it tackled its competitiveness crisis, little of his prescription has become reality.Only 15.7 per cent of the 383 recommendations in Draghi’s report had been fully implemented by July, according to a tracker compiled by the European Policy Innovation Council, a think-tank. The limited progress comes despite repeated pledges by EU leaders and European Commission president Ursula von der Leyen to put economic revival at the centre of the bloc’s agenda.“We are doing better, but we are not doing good enough,” said Martin Lidegaard, Danish minister for business…

Iceland Prime Minister Kristrun Frostadottir participates in a listening session on the upcoming referendum on August 26, 2026 in Reykjavik, Iceland.Jonathan Nackstrand | Afp | Getty ImagesIceland has sharply criticized U.S. President Donald Trump’s social media post of a map that appears to show the island and several other countries covered by the American flag.Trump posted the image on Truth Social on Monday, depicting the U.S., Canada, Greenland, Iceland, Mexico, Central America and the Caribbean under the Stars and Stripes flag.The map was published without comment and came after a flurry of preceding posts suggesting that the U.S. state of…

Google on Wednesday said it would invest 13 billion euros ($15.1 billion) into AI infrastructure in Finland, marking the tech giant’s largest single investment in Europe.Finland has emerged as a key location for data centers amid the AI boom, with hyperscalers and developers eyeing its available land and power, which is in short supply throughout most of Europe.This is a developing story. Refresh for updates.Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link

Liam Sloan, principal at Bolton College, said not many students missed more than half of classes, but those who were absent often had mental health challenges or part-time jobs.”Sometimes the student being able to be offered that £30 shift there and then means more… than the potential qualification in six or seven months’ time,” he said.He said there was a particular issue in English and maths GCSE classes, which students in England are required to study alongside other courses if they don’t have a grade 4 or above.Attendance rates at the college had improved in recent years though, he said,…

In 1987, Susanne and Christoph Botschen opened Theresa, a womenswear boutique in central Munich with an instinct for designers the city hadn’t yet discovered. It was among the first retailers to bring Prada and Dolce & Gabbana to Munich and by the early 1990s it was championing Dries Van Noten, Ann Demeulemeester, Romeo Gigli and Helmut Lang.In 2006, the Botschens built a website and changed the brand name to Mytheresa (they sold the business in 2014). Two decades later that website turns over close to €1bn a year, selling an edit of some 250 fashion brands and sitting at the centre of a group that last spring absorbed Net-a-Porter,…

As for the domestic political context, plenty in the Labour movement and the wider British left have long clamoured for this to happen. Around 140 Labour MPs went public with this demand at the beginning of the summer, and Burnham was explicit in his criticism of his predecessor’s approach to the Middle East, writing in July: “Labour’s initial response to the treatment of Gaza caused huge hurt. We got it wrong and I am sorry about that.”In recent years Labour has haemorrhaged support in many communities with a significant Muslim population, and so for a new Labour prime minister seeking…

The far-right Alternative for Germany surged to a record 44 per cent in regional elections in Saxony-Anhalt on Sunday — its best-ever result. The success has some local dimensions. The state of 2.1mn, once part of communist East Germany, is much older, more rural and less prosperous than the average in the EU’s largest economy, a nation of 83mn people. But it is also part of a much broader trend that has seen the anti-migration, pro-Russian AfD surge to second place in last year’s national elections. It is now leading in national polls after overtaking Chancellor Friedrich Merz’s Christian Democrats…

Singapore’s Prime Minister Lawrence Wong attends the 28th ASEAN Plus Three (APT) Summit during the 47th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur on October 27, 2025. (Photo by Vincent Thian / POOL / AFP) (Photo by VINCENT THIAN/POOL/AFP via Getty Images) Vincent Thian | Afp | Getty ImagesSingapore’s prime minister has commonly been cited as the world’s highest paid elected leader. Now, incumbent Lawrence Wong will see the compensation gap between him and his global counterparts grow even wider. Wong on Tuesday announced in the parliament that ministerial salaries will be adjusted upwards, having remained unchanged…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US AI borrowing boom is reshaping Switzerland’s traditionally conservative bond market, as technology giants pour billions of francs of debt into the country.The influx is beginning to affect domestic borrowers, with some Swiss companies shifting the timing or size of bond sales to avoid competing with huge US technology deals for investor demand, analysts say.AI-related companies have accounted for 26.4 per cent of Swiss franc corporate bond issuance so far this year, according to new research from Zurich Insurance — the…