Luxury's race to secure Milan's hidden palazzos

In a bid for the next level of exclusivity, brands pay tens of thousands of euros a day to stage events in the city’s historic residences

Why sinodollars outweigh the petroyuan

China’s currency is becoming a more important part of the global financial system but the dollar is still in control

Wars trigger $12bn venture capital rush into defence tech

Funding this year has already surpassed 2025 total as soaring valuations fuel fears of a hype cycle

Michael O’Leary in line for €150mn payout in latest Ryanair contract

Longtime boss of Europe’s biggest airline signs new deal that includes bumper share award if he hits ambitious targets

Holiday bookings surge in markets hit by Iran crisis

Rebound across eastern Mediterranean as travellers reassess conflict’s threat and proximity

Insurers reach for Latin dictionary to rebrand practice that angered Trump

Notices of cancellation sent out by marine insurers after war broke out in the Gulf could be renamed ‘denunciato recisiones’

Lloyds: UK Financial Service Leaders AI Confidence Grows

Lloyds survey finds UK financial services leaders are increasingly confident with AI investment and technology deployment, helping to drive growth plans

Chart of the Week: The new Fed chair effect

First impressions, priced in

UK investors need to stop buying rubbish stocks

Retail investors who back the wrong companies for the wrong reasons are helping to kill the London market

Israel and Hizbollah agree ceasefire

Oil price falls on hopes agreement will bolster US-Iran deal

Gold coin salesmen orchestrated plot to set up rival, court finds

Ex-employees of Hattons of London took confidential customer data amid a booming market for bullion

Giorgia Meloni accuses Donald Trump of pandering to west’s enemies

Italian premier on offensive after US president claimed she ‘begged’ for a photo with him