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Veneto Banca and Banca Popolare di Vicenza to be wound down

Medicaid cuts are delayed in the Senate bill but analysts see long-term threat

London council moves 800 families from Chalcots estate after fire safety inspection

Fed rate rises and receding accommodation from ECB/BoJ will undermine high valuations

The tennis champion triumphs again over a spicy Mexican lunch in Manhattan

Analysis Technology

Ride-hailing company’s new CEO will have to stem billions of dollars in losses

Move reflects technology group’s shift to focus more on corporate customers

Chopper shuttle services tap high-end market after demand from offshore platforms falls

Side deals struck with the gas-rich state in 2008 have put the bank and four former executives on trial

Merkel backs French president’s investment screening plan in show of unity

Security tightens on network braved by people fleeing the world’s most oppressive regime

US News

On Wall Street Ben McLannahan

Investor has lent money to a troubled mortgage lender but real estate worries persist

Trade body prepares to sue Dutch brewer over content of Desperados brand

President says he does not have recordings of conversations with former FBI chief

As US allies wrestle with what to do next, China hopes to benefit from a world in flux

Opinion

‘Although there are corners of the public sector that are using the latest technology, most federal agencies have been slow to introduce 21st-century ideas’

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Highlights

In an era of looser networks and job-hopping, GE’s painstaking method of selecting its new CEO is becoming the exception

Philip Roth, Marilynne Robinson and Cormac McCarthy have a force to their writing that the young cannot buy

Photo of Janan Ganesh

A workhorse phone for those who can live without data, but how useful is it?

Markets News

Traders have built up short positions and may yet force cartel to make bigger cuts

China’s CSI 300 index jumps to 18-month high

Looming start of bond trading link will rival in significance the equities index inclusion

Technology

The Top Line Brooke Masters

$3.3bn pool of red ink leaves little time to fret about abrasive former boss

Disappointing results for company refashioned as software and services group

Move reflects technology group’s shift to focus more on corporate customers

Life & Arts