Trafigura reports record $3.1bn annual profit

Commodity trader hands more than $1bn to top executives and staff

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Silicon Valley’s still trying to ‘solve’ dinner

I drank some pea milk in a vegan Los Angeles café and can confirm it is an acquired taste

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‘Too many mistakes’: Peru’s president threatened with impeachment after shaky start

Pedro Castillo’s popularity is falling as his young government lurches from crisis to crisis

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Evergrande shares tumble as new debt payment deadline looms

Chinese central bank cuts reserve rate in bid to calm market nerves

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Aung San Suu Kyi sentenced to 4 years in prison by Myanmar court

Ousted leader jailed for inciting dissent against junta and violating Covid rules during campaign

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Council of Europe takes action against Turkey over Osman Kavala

Human rights body launches infringement proceedings against Ankara for refusing to release businessman

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US military chief warns adversaries against complacency

Other countries should avoid wrong conclusions about Afghanistan withdrawal, says General Mark Milley

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GSK says early data suggest its Covid drug is effective against Omicron

UK medicines regulator approves antibody treatment sotrovimab for high-risk patients

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OECD warns Omicron may intensify supply shortages and inflation

Central banks must be ready to act if price pressures broaden and become self-reinforcing

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UBS raids JPMorgan for new finance chief Sarah Youngwood

Hire completes overhaul of Swiss bank’s top management

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Turkey intervenes in currency markets in attempt to stem lira plunge

Strong rally follows central bank’s vow to halt ‘unhealthy price developments’

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US Supreme Court to weigh challenge on abortion rights

Conservative tilt to justices emboldens Mississippi in case seeking to undo Roe vs Wade

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Didi’s woes intensify as Beijing tightens ride-hailing rules

Measures increase pressure on SoftBank-backed platform already under investigation over data security

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Biden faces legislative logjam in run-up to Christmas

Clock is ticking for Democrats to pass $1.75tn spending bill, avert a government shutdown and avoid default

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Striking US coal miners say windfall for private equity forced pay to be cut

Unions argue dividends taken by Apollo, Blackstone and KKR when Warrior exited bankruptcy came at workers’ expense

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Telecom Italia: will board revamp help ring in the changes?

KKR faces political hurdles and potential rivals in its €33bn takeover pursuit

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Is Omicron different for markets?

Investors looked right past Delta

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UK to bring in new measures against Omicron strain on Tuesday

Third case of variant has been identified in Britain and dozens more are suspected

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Travel and aviation groups dismayed by fresh Covid restrictions

Response to Omicron variant a blow to businesses that had hoped worst of the pandemic was over

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Inflation always punishes America’s left

Biden’s lowest-cost remedy is to get tough on Covid

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