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      Uber prices set to soar as ministers introduce VAT crackdown

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      Why Mexico, Dubai and Italy are the countries to watch in sport in 2026

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  • Fifa boss Infantino defends 2026 World Cup ticket prices, citing demand

    Sport Business

    Fifa boss Gianni Infantino has defended the price of tickets for next year’s World Cup. Football’s governing body has come under intense pressure surrounding the cost of tickets, with the cheapest seat at next summer’s final costing over £3,000. Infantino’s Fifa was forced to introduce capped tickets for some fans of the teams competing at [...]

    Getty Images logo on a digital interface, symbolizing media influence and modern communication in the business world
  • Trump: Ukraine peace deal ‘closer than ever before’

    Politics

    Donald Trump said talks to secure a US-backed peace deal for Ukraine are “closer than ever before” after he met with Ukraine’s President Volodymyr Zelensky in Florida. But the two leaders acknowledged there are still “thorny issues” remaining. Mr Trump, the US president, has said talks on a security guarantee – a key plank of [...]

    Donald Trump and Volodymyr Zelensky in a diplomatic meeting discussing international relations and political strategies.
  • Can you complete City AM’s economics quiz of 2025? 

    Economics

    Test your knowledge with City AM‘s Economics Quiz of 2025. The first full calendar year of the Labour government has not been particularly pretty for the UK economy.  The unemployment rate has edged up to 5.1 per cent, inflation rose far above the Bank of England’s 2 per cent target rate and economic activity was [...]

    UK economics quiz illustration for City AM featuring financial graphics and British currency symbols
  • TikTok owner eyes $23bn AI spend amid Nvidia chip uncertainty

    December 23, 2025

    ByteDance, TikTok’s Chinese parent company, is set to significantly ramp up its investment in AI next year, as access to Nvidia’s chips once again becomes a key fault line in the global race. ByteDance is reportedly targeting around RMB160bn (£17bn) in capital expenditure in 2026, up from roughly RMB150bn (£15.7bn) this year, with the bulk [...]

  • Is it time to invest in Asia in 2026?

    December 23, 2025

    Over the last few months, investors and portfolio managers have taken renewed interest in Asia amid fears of an AI crash, seeking to diversify away from the highly concentrated Nasdaq, home to the Magnificent Seven stocks. With a large number of analysts remaining bullish on AI’s prospects for the next financial year, citing the sector’s [...]

  • US tech stocks tumble after data centre setback sparks investor concerns 

    December 18, 2025

    US tech stocks fell on Wednesday after news that software company Oracle had lost a key backer for its data centre project, reigniting investors’ concerns about AI companies’ spending. The tech-heavy Nasdaq dropped 1.8 per cent to $22,693.32 (£ 17,975.06), finishing at its lowest level since late November, while Oracle fell 5.4 per cent to [...]

  • US puts UK tech deal on ice after Budget digital tax move

    December 16, 2025

    Washington has paused the flagship US-UK tech pact just weeks after Rachel Reeves doubled down on Britain’s digital services tax in her Autumn Budget, sharpening fears that the levy has become a pressure point in wider trade talks with Trump’s administration. The so-called Tech Prosperity Deal, unveiled during Trump’s state visit back in September and [...]

  • Trump sues BBC for $10bn in Florida, citing producers trips to Mar-a-Lago

    December 16, 2025

    US Donald Trump has filed a lawsuit against the BBC in the Southern District of Florida, alleging that BBC producers travelled to Florida to film “significant portions of the [Panorama] documentary”. Last month, Trump threatened to sue the BBC for $1bn over the misleading edit of a Panorama programme, which spliced together two parts of [...]

  • Reform government would partially nationalise Rolls-Royce through ‘strategic stake’

    December 16, 2025

    A Reform government would partially nationalise Rolls-Royce as a quid pro quo for helping it ramp up its small modular reactor (SMR) nuclear programme “as fast as it possibly can”, its policy chief has said. In a wide-ranging interview setting out his party’s plans for the UK economy, Zia Yusuf told City AM that Reform [...]

  • US sets AI standard, leaving Britain on the back foot

    December 13, 2025

    When Donald Trump sat down in the Oval Office this week to sign off on a national AI framework, he delivered a global message. The US has committed to one standardised, federally regulated set of rules for AI. The executive order sweeps away the threat of 50 different state-level approaches to regulating AI – a scenario [...]

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