BT and Verizon to create joint global business in $625m deal

UK telecoms group’s 50/50 venture ends more than 18-month search for a buyer of its international operations Business live – latest updates BT and the US mobile company Verizon are to combine their international businesses, ending the British telecom group’s more than 18-month search for a buyer. Verizon will pay a $625m (£473m) “equalisation” fee … Read more

Shares in chipmakers underpinning AI boom rocket in first half of 2026

Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higher Shares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis. Investors have driven up the value of semiconductor and memory chip … Read more

Trump news at a glance: Biden says Trump has ‘diminished’ US standing in the world as he attacks his successor

Former president calls Trump ‘a loser’ and criticizes his attempted makeover of Washington. Key US politics stories from Sunday 28 June at a glance Joe Biden has said Donald Trump has diminished America’s standing in the world “more than any president in history”. The former president delivered remarks highly critical of his successor, while giving … Read more

Jacob Frey praises Somali community as Minnesota faces renewed scrutiny over fraud investigations

Minneapolis Mayor Jacob Frey told members of the city’s Somali community over the weekend that they are “our family,” pledging solidarity and praising their contributions to the city during remarks celebrating Somali Independence Day. Frey’s remarks came as Minnesota continues to face scrutiny over several high-profile fraud investigations and weeks after a Republican-led House Oversight … Read more