business

A share price gain of only 10% on a possible takeover approach is a meek reaction. If the stock market truly believed that Castlelake, a US investment fund, stood a decent chance of buying easyJet, you would expect the target’s stock to fly significantly higher. Scepticism is the right stance until at least three factors … Read more

Why did Anthropic’s founder sit beside the pope during a warning about AI? In the first major written teaching of his papacy, Pope Leo XIV took artificial intelligence to task. The pontiff delineated the technology’s most concerning threats to humanity: replacing workers, accelerating war and exploiting the environment. At a ceremony honoring the holy teaching … Read more

A powerful tropical storm is forecast to track near Okinawa, Japan, on Monday before moving towards the south-east of the country. Typhoon Jangmi (also known as Typhoon No 6) has formed within the monsoonal gyre over the Philippine Sea. A monsoonal gyre is a large, slow-rotating weather system that spawns typhoons through smaller vortices formed … Read more

Watching the harrowing footage of what would become Yves Sakila’s final moments of consciousness, it is hard not to be reminded of the agonising death of George Floyd. Sakila was declared dead in a Dublin hospital on 15 May, a short time after being pinned to the ground by security guards outside Arnotts, a city … Read more

Giant butter mountains, wine lakes and an apocryphal EU ban on bendy bananas formed the mythological backdrop to Britain’s 2016 Brexit referendum debacle. Yet while many Vote Leave claims were exaggerated, inaccurate or blatantly untrue, the EU’s capacity for laying itself open to ridicule is undiminished 10 years on. Take the strange case of the … Read more

In 1972, the great German novelist Heinrich Böll described the campaign of violence launched by the Red Army Faction (RAF) since its foundation two years earlier as a war of “six against 60 million”. The writer was vilified for the phrase, accused of sympathy for bombers and murderers. But Böll had highlighted the most important … Read more

The EU and UK have signalled an end to Brexit “sausage wars” with the first details of a new food exports agreement being published by the British government. The deal will mean no more paperwork or physical checks on dairy, fish, cheese, eggs and fresh red meat from the summer of 2027 for both British … Read more