The taxman comes for China’s offshore riches

The crackdown has rattled the country’s wealthiest people and the businesses in Hong Kong, Singapore and Tokyo that manage their money

Posted on Wednesday October 07, 2026

SpaceX looks to raise $40bn to buy Nvidia chips in financing led by Apollo

Blockbuster debt deal is the latest sign of the vast spending on chips and other infrastructure underpinning AI

Posted on Tuesday October 06, 2026

There is only one trade

Has every market become a bet on the AI boom?

Posted on Tuesday October 06, 2026

Goldman Sachs and Man Group exposed in EY data breach

Disclosures widen the circle of victims of a hacking incident earlier this year

Posted on Tuesday October 06, 2026

Palmer Luckey’s Erebor surges to more than $7bn in deposits since launch

Start-up bank for technology industry seeks to fill the void left by the collapse of Silicon Valley Bank

Posted on Tuesday October 06, 2026

HMRC opened probe into Man City’s tax affairs in 2018

Investigation into whether English football club was underpaying tax began after its internal emails were leaked

Posted on Wednesday October 07, 2026

How tribology makes the economic world go round

The science of friction and wear plays a central role in making industry run more smoothly

Posted on Wednesday October 07, 2026

HSBC plans sweeping job cuts across UK wealth business in AI push

Bank is consulting with staff on reductions in roles affecting managers, specialists and financial advisers

Posted on Wednesday October 07, 2026

What comes next with the energy shock?

The disruption to oil supply, oil prices and the world economy has been surprisingly manageable so far

Posted on Wednesday October 07, 2026

The tide of bank branch closures is starting to reverse

The business virtues of having a network are being rediscovered in the US and UK

Posted on Wednesday October 07, 2026