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Watch: Trumps $1.4bn crypto earnings revealed
US President Donald Trump made more than $1.4bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025. In a 927-page disclosure, he reported millions in royalties from an entity called Celebration Coins, thought to be behind the $TRUMP meme coin which has plunged in value since he launched…
EU to suspend approval of US tariffs deal
The European Parliament is planning to suspend approval of the US tariffs deal agreed in July, according to sources close to its international trade committee. The suspension is set to be announced in Strasbourg, France on Wednesday. The move would mark another escalation in tensions between the US and Europe, as Donald Trump ratchets up…
Thames Water lenders submit rescue plan to stave off collapse
Thames Water’s lenders have submitted a new rescue plan to prevent the UK’s largest water company from collapsing. London & Valley Water, a consortium of large financial institutions and investors, has submitted proposals which include writing off about a third of the company’s near £20bn debt pile and investing an initial £5.4bn to stablise the…
New era for Gibraltar with removal of border controls with Spain
The Chief Minister of Gibraltar, Fabian Picardo, says the new arrangements, which are due to be provisionally implemented with their approval by the UK and European Parliaments still pending, represent “a huge change” for the territory. “One of the key things which has defined the past eight generations of Gibraltarians is the restrictions at the…
The financial winners and losers from the World Cup
The 16 host cities across the US, Canada and Mexico have been welcoming an influx of fans and tourists boosting hospitality, hotels and local businesses. But while the Scots drank Boston dry and have won the heart of the city and its people, experts say the long-term economic benefits are minimal. Fifa estimated some $41bn…
We have more privacy controls yet less privacy than ever
The tech sector has a long history of breaking through privacy boundaries, but it has also created the fences meant to protect us. Firms have churned out hundreds, if not thousands, of online privacy tools and settings, launched with the apparent aim to help us secure our human right to privacy, in our digital lives.
