geopolitics

When it comes to consolidating China’s overcrowded auto industry, bigger isn’t necessarily better. A modest-looking deal involving two state-owned carmakers offers a pragmatic way to start tackling the glut.

Turkey's Erdogan tells Ukraine's Zelenskiy that Black Sea attacks are inexplicable Reuters

Shipping traffic via Strait of Hormuz stays lower than 10-day average, data shows Reuters

But conflict is worsening its industrial divide

Intelligence service cites ‘low but growing risk’ of troop movement into neighbouring country or attack on infrastructure

The prime minister must tell voters that Labour’s manifesto has been superseded by world events, both economic and military

US Democrats tee up pre-election war powers vote as some Republicans break with Trump on Iran Reuters

The leaders are expected to discuss trade war truce and AI risks before a state dinner with American business leaders

Oil prices fall as Iran says it is open to diplomacy to end the war Reuters

Ukrainian foreign minister says he discussed keeping tension low with Iranian counterpart Reuters