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Initiatives including cutting permits just to serve ice-cream amount to a sweeping program of deregulationRed Scare? The democratic socialist mayor of New York City spent this week talking about red tape.On Tuesday, Zohran Mamdani – the politician at the center of a revived rightwing panic about socialists and purported communists winning elections across America - posted a video on X of himself putting a sheet of paper with the phrase “RED TAPE” into a paper shredder. Other pieces of

Carlos Junior, CEO da Sai do Papel e cofundador do Rio Innovation Week (RIW) | Foto: DivulgaçãoGrupo carioca une fundo de investimentos, hubs de inovação e eventos como o Rio Innovation Week para impulsionar startups O post No 4º fundo, Sai do Papel passa a adotar modelo de venture debt apareceu primeiro em Startups.

Fining errant corporations is welcome – but when consumers are also getting shaken down on their local high street, it’s time for a new and boisterous approachIt’s a story that warms the heart and lifts the soul: last week, Virgin Media was fined a record £28m by Ofcom for repeatedly preventing customers from cancelling their contracts. Its methods were insidious: deliberate call-dropping, unnecessary call transfers and constantly putting customers on hold. For anyone who has experienc

The investor's decision comes weeks after Gates' appearance before US congress over his links to Jeffrey Epstein.

Asian shares tumble with South Korea’s Kospi down nearly 10%Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.It’s a gloomy start to the week as attacks between the US and Iran in the Gulf continue. Tehran said it had closed the strait of Hormuz, while Donald Trump insisted the key shipping passage remained open and US officials said 20 ships were escorted through the waterway in the past 24 hours.For now, we remain hopeful that

The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical conceptsThis week’s question: Why is there no rugby culture in Germany?I would like to know why we build solar farms over green space, when we could just put them over massive car parks as a popular current internet meme suggests. Chris, MiddlesbroughSend new questions to nq@theguardian.com. Continue reading...

If Starmer won’t act then his successor should – by restricting the power of a small group of mega-donors Just as Nigel Farage kicks off a summer of “arguing with a bin”, as Rachel Reeves called it, Labour’s bill to clean up politics returns to the House of Commons this week.As more questions emerge about the financing of Reform and Farage’s mega-donor chums – through the brilliant reporting of Guardian colleagues – MPs should seize the opportunity to toughen it up. Continue reading.

Meta's release this week of an AI feature that let people alter Instagram content drew swift blowback.

Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economyThe Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers.From Monday, the Bank and fellow City regulator the Financial Conduct Authority (FCA) will be in charge of ensuring that four large-scale pr

From welfare and defence spending to cost of living and geopolitics, we the look at issues leftover from Keir StarmerUK politics live – latest updatesAndy Burnham is expected to become prime minister in less than two weeks and has promised to significantly change Labour’s agenda and deliver improvements for all parts of the UK.But he will arrive with a bulging in-tray of challenges and issues leftover from Keir Starmer – from geopolitics to the cost of living. Here is what Burnham can

Rolling coverage of the latest economic and financial newsThe sudden appearance of Apollo on the scene follows multiple rounds of talks between easyJet and Castlelake. EasyJet had told investors earlier this week that it had reached an agreement in principle with the firm at £6.90 per share. Apollo has said today regarding its chunkier offer:EasyJet management’s operational and commercial ambitions can be substantially accelerated via the access to incremental capital and longer-term b

Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this weekBusiness live – latest updatesThe board of easyJet has given the green light to a possible £5.7bn offer from the US private equity firm Apollo, as the low-cost airline becomes the subject of a surprise bidding war.The company’s board said on Friday that it was “minded to recommend” the potential all-cash offer, which values the business at £7.15 a share, to shareholders. Continue readi