Artificial intelligence start-up Cohere has raised $500mn, and hired former executives from Uber and Meta, as it positions itself as a more secure alternative to rivals such as OpenAI and Anthropic ...

Daniel Loeb has won a shareholder vote on a plan to turn his London-listed company into a Cayman Islands-based reinsurer, handing the billionaire victory in a fight against some investors who had ...

Klarna reported a wider net loss in the second quarter as the buy now, pay later company gears up for its long-awaited New ...

Also in today’s newsletter, investors are concerned about the president’s pick to lead the Bureau of Labor Statistics ...

Pharma group seeks to address US complaints about ‘foreign freeloaders’ who rely on Americans to pay more for medicines ...

Serbian anti-government protests turned violent on Wednesday as supporters of President Aleksandar Vučić clashed with demonstrators who have demanded regime change since November, deepening the worst ...

Aon, the world’s second-biggest insurance broker, is being sued for alleged fraud over its role in marketing a new form of insurance that helped start-ups raise money.

Chief says industrial group is ‘very much feeling the weak market environment’ despite higher defence spending ...

A quick reminder of the Fed’s structure: The US central bank is run by a Board of Governors in DC and the heads of a dozen regional Fed banks in places like Boston, St Louis and Cleveland. Governors ...

EG Group has agreed a roughly £530mn deal to sell its Australian business in its second disposal in a matter of days, as the petrol forecourt group moves to cut debt ahead of a possible stock market ...

Indonesian rapper Rich Brian, aka Brian Imanuel Soewarno, has had a giddy ascent to global fame. He was still a homeschooled teen and YouTube creator when he experienced his breakthrough viral hit: ...

A witty portrayal of surrogacy that confronts the injustices of class and gender imbalances in Japanese society ...