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Nick Clegg 'could pocket £30m windfall' from British tech company he joined just six months ago as it prepares to begin trading in New York

Former UK Deputy Prime Minister Nick Clegg could gain more than £30 million from his stake in Nscale, a UK AI data-centre startup that has filed for an IPO on the New York Stock Exchange. Clegg joined Nscale's board in March after leaving Meta, and the company says it remains committed to its UK base despite the US listing.

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Tesla reopens Roadster reservations — but you’ll need $50K

Tesla has reopened reservations for its long-delayed next-generation Roadster, requiring a $5,000 credit card payment followed by a $45,000 wire transfer. The company plans to unveil a redesigned version on Oct. 1 in Texas, nearly nine years after the original prototype was shown.

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Paramount closes in on blockbuster £80bn deal for Hollywood rival Warner Bros as it settles with US states

Paramount Skydance secured a settlement with 12 US states over its $110bn takeover of Warner Bros Discovery, including concessions such as independent editorial boards for CNN and CBS and penalties tied to film output. The deal has cleared regulators in several jurisdictions but still faces a Writers Guild lawsuit. Shares of both companies rose after the settlement.

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Bitcoin surges past $85,000 for first time since January as investors bet 'crypto winter' is over

Bitcoin rose past $85,000 for the first time since January, briefly jumping from $81,000 to $84,500, with other cryptocurrencies also gaining. Analysts attributed the rally to improved sentiment, stronger demand, and a short squeeze, though they cautioned about volatility. The article is a financial market update rather than a political or ideological story.

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Wegovy maker Novo sheds 13,000 jobs as it slims down in war of the fat jabs

Novo Nordisk has shed 13,000 jobs over the past year, including 9,000 layoffs and 4,000 unfilled roles, as it faces intensifying competition from Eli Lilly in the obesity and diabetes drug market. CEO Mike Doustdar presented plans to revive growth with new drugs and expanded manufacturing, but shares fell 9% and remain far below their 2024 peak. Analyst commentary focused on investor patience and competitive positioning.

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Race against the machine: As the AI boom Skynet from Terminator faces a major backlash, is it time for investors to terminate their tech stocks?

The article examines investor anxiety over AI, including fears about recursive self-improvement and calls for regulation after warnings from industry figures and public figures. It weighs whether tech stocks remain attractive amid volatility, suggesting diversification and possible opportunities in AI-related funds and trusts. It also notes debate over whether safety pauses are motivated by catastrophic-risk concerns or by competition with China.

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One of Wendy’s biggest franchisees files for bankruptcy as it falls behind burger rivals

Meritage Hospitality, one of Wendy's largest franchisees operating 314 locations, filed for Chapter 11 bankruptcy amid Wendy's same-store sales declines and intensifying competition. The filing follows Wendy's losing its No. 2 U.S. burger-chain position to Burger King and a 48% drop in Meritage's store-level EBITDA. Meritage plans to keep restaurants open and pay its 9,000 employees during restructuring.

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Warren Buffett steps down after six decades at Berkshire - 'Father Time always wins'

Warren Buffett has stepped down as chairman of Berkshire Hathaway after six decades, moving to chairman emeritus while his son Howard takes over the non-executive board role. The transition follows Greg Abel's earlier appointment as CEO and is described as an orderly succession. It marks the end of Buffett's leadership of a conglomerate he built into a trillion-dollar company.

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Multibillion-Dollar Stock-Market Scandal Roils Erdogan’s Turkey

Turkish authorities are trying to contain fallout after a series of investment funds holding billions of dollars collapsed, triggering a selloff in Istanbul stocks. A fund manager's inability to repay clients spread pain across similar funds, adding fresh stress to Turkey's economy.

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