- EU leaders see NATO defense spending goal rising from 2%
A Financial Times report on Friday said Trump’s staff told European officials the US president-elect wants to increase NATO’s spending limit to 5%.
- Palantir and Anduril join forces with tech groups to bid for Pentagon contracts
Consortium likely to include Elon Musk’s SpaceX in move to grab a bigger slice of $850bn US defence budget
- ‘God Bless America’ fund beats political rivals with 33% gain
The fund’s biggest holding is Tesla Inc., run by Elon Musk, who backed Trump’s election bid.
- Trump demands Panama lower transit fees or return canal
The US is the canal’s biggest customer, responsible for about three quarters of the cargo transiting through each year.
- 2 US Navy pilots shot down over Red Sea in apparent ‘friendly fire’ incident, US military says
Both pilots were recovered alive after ejecting from their stricken aircraft, with one suffering minor injuries.
- How 2024 reordered the Middle East
Many in the west will find comfort that these historical transformations have been contained but complacency is dangerous
- The Bombas founders survived layoffs and dead-end jobs before starting their billion-dollar empire. They have a message for anyone with a dream
Randy Goldberg and David Heath’s certified B-Corp apparel company is one of the biggest-ever brands to appear on Shark Tank.
- Warren Buffett once said ‘a house can be a nightmare if the buyer’s eyes are bigger than his wallet’ but thinks his $31,500 investment is one of his best
He considers his two wedding rings to be his top investments, though.
- Valencia floods: the scandal of a disaster foretold
Political leaders, on the day and over the decades, failed to heed warnings — or issue them as the waters surged
- Trump and the power of Mar-a-Lago
The former property developer well understands how buildings and spaces can be used effectively as propaganda
- Trump’s transition team seeks to pull US out of WHO ‘on day one’
Swift exit would remove global health body’s main source of funds and damage its ability to tackle emergencies
- Qatar will ‘stop’ EU gas sales if fined under due diligence law
Energy minister warns Doha ‘not bluffing’ over hefty penalties in corporate sustainability directive
- Record $600bn pours into global bond funds in 2024
Investors piled into fixed income in bet on falling interest rates
- M&G sues Royal London over client exposure to ‘inappropriately risky investments’
Asset manager demands at least £27mn in damages after buying financial adviser platform from mutual
- Trump’s daughter-in-law says she won’t seek US Senate seat
The president-elect said this week he didn’t expect DeSantis to appoint Lara Trump to the Senate.