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Zoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. Treasury Secretary Scott Bessent announced the purchase on social media, while saying the US had finalised terms of a planned $20bn (£15bn) financial rescue…
Rishi Sunak has taken up paid adviser roles at tech giant Microsoft and artificial intelligence start-up Anthropic. The former prime minister has been told he must not lobby ministers on behalf of the companies by the Advisory Committee on Business Appointments (Acoba), an independent watchdog which oversees the activities of former government figures. Sunak –…
Kevin PeacheyCost of living correspondent Getty Images The debate around stamp duty is intensifying. When Kemi Badenoch said a future Conservative government would abolish it on the purchase of main homes, it went down well at the Tory Party conference. There has also been speculation that the Chancellor, Rachel Reeves, is considering replacing it. Scrapping…
Emma SimpsonBusiness correspondent and Emer MoreauBusiness reporter PA Media All victims of the Post Office Horizon IT scandal who are claiming compensation will now be entitled to free legal advice to help them with their offers, the government has announced. The change could potentially have a major effect on the size of the payouts some…
Range Rover production lines in Solihull have resumed, according to car maker Jaguar Land Rover (JLR). About 1,000 employees also started work in the car maker’s Wolverhampton engine plant on Wednesday, it said, marking a “significant moment” on its journey back to full vehicle production. The company revealed on Monday it had suffered a sharp…
Pubs and bars in England and Wales could see extended opening hours as the government launches a fast-track a review on “outdated” licensing rules. The plans could make it easier for venues to serve food outside and host more live music, in a bid to “remove unnecessary barriers”. Pub landlords and local communities will be…
China has tightened its rules on the export of rare earths – the elements that are crucial to the manufacture of many high-tech products. New regulations announced by the country’s Ministry of Commerce “to safeguard national security” formalise existing rules on processing technology and unauthorised overseas cooperation. China is also likely to block exports to…
Simon JackBusiness editor and Michael Sheils McNamee Watch: ‘I’m more worried than others about stock market fall’, says JP Morgan boss There is a higher risk of a serious fall in US stocks than is currently being reflected in the market, the head of JP Morgan has told the BBC. Jamie Dimon, who leads America’s…
The price of gold has hit a record high of more than $4,000 (£2,985) an ounce as investors look for safe places to put their money over concerns about economic and political uncertainty around the world. Gold has seen its biggest rally since the 1970s, rising by around a third since April when US President…
