Top stories

Ride-hailing app could raise up to $10bn and will sell about $500m of stock to PayPal

Beijing chips away at wariness over flagship infrastructure building project

Online retailer beats estimates as profits more than double in first quarter

Sunday’s general election will be played out in a divided political environment

Free markets, free trade and personal freedoms no longer come as a packaged deal

Telecoms insiders blame government and industry decisions in 1990s for stymying innovation

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Associates of spice trader brothers baffled by their quiet radicalisation

Macron wants citizens to work longer in bid to increase tax revenues

Trading revenues sink in latest sign of trouble for key unit

Zarif suggests China and other trading partners will be able to resist waivers pressure

Attendance at private function underlines ex-vice president’s urgent need for cash

US News

Carmaker boosted profits by focusing on trucks over sedans

US coffee shop chain plans to expand delivery service to 50 Chinese cities

Castello Branco knows Brazil oil group needs to show autonomy to regain investor trust

$55bn offer exposes balance sheet risk as US oil companies battle for assets

Opinion

Highlights

Some parts of new-generation network will be vulnerable to attack

Some believe the longtime friend of Donald Trump has been a poor steward of other people’s capital

Combination of tensions with the US and waning investor appetite cools sector

Markets News

Collapse in volatility has eerie echoes of the run-up to the 2008 financial crisis

Supply worries help push Brent above $75 a barrel for first time since October

Technology

Telecoms insiders blame government and industry decisions in 1990s for stymying innovation

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Apps and services that work in one town are laughable in another

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Reputation is an idle and most false imposition, oft got without merit and lost without deserving.

Life & Arts