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Game On: the Swiss sports brand using hi-tech and chutzpah to challenge Nike and Adidas
A robot leg whirs around in a complex ballet as an almost invisible spray of “flying fibre” builds a hi-tech £300 sports shoe at its foot.This nearly entirely automated process – like a sci-fi future brought to life – is part of the gameplan from On, the Swiss sports brand that is taking on the sector’s mighty champions Nike and Adidas with a mix of technology and chutzpah.The brand is expanding rapidly after teaming up with the former tennis pro Roger Federer to create shoes suitable for the Swiss star’s sport and a mix of fashion-led collaborations including with the luxury brand LOEWE, actor Zendaya and singers FKA twigs and Burna Boy. In China, sales have doubled year-on-year. Growth has been strong in the US and mainland Europe and this month On will open its fourth London store, in Kensington

Trump move for Venezuela’s resources likely to weaken economic might of US | Heather Stewart
The word “loot” entered the English language from Hindi in the late 18th century, as the rapacious East India Company plundered its way across the subcontinent.It was a trading company, not a state – but it had the imprimatur of the English crown and its own large private army, mingling commerce and military force and opening the way for British imperial dominance of India.Donald Trump’s dead-of-night raid on Venezuela last week was the act of a government, not a corporation. But it harked back to a more brazen age, when looting a continent for its resources at the point of a cannon was regarded as a legitimate activity for an English gentleman.The US president made no effort to disguise the fact that the main motivation for the snatching of Nicolás Maduro was taking control of Venezuelan oil reserves on behalf of the fossil fuel companies that helped bankroll Trump’s re-election

Behind the Somali daycare panic is a mother-and-son duo angling to be top Maga influencers
YouTube influencer Nick Shirley, whose viral video alleging fraud by daycare centers servicing Minneapolis’s Somali American community came days ahead of the Trump administration’s declaration of a national funding freeze, has for years published conspiracy-minded takes on hot-button rightwing issues.The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more.He also has close ties to the White House, Republicans, and to representatives of an earlier generation of rightwing partisan “ambush journalists” such as James O’Keefe

Elon Musk’s X threatened with UK ban over wave of indecent AI images
Elon Musk’s X has been ordered by the UK government to tackle a wave of indecent AI images or face a de facto ban, as an expert said the platform was no longer a “safe space” for women.The media watchdog, Ofcom, confirmed it would accelerate an investigation into X as a backlash grew against the site, which has hosted a deluge of images depicting partially stripped women and children.X announced a restriction on creating images via the Grok AI tool on Friday morning in response to the global outcry. A post on the platform said the ability to generate and edit images would now be “limited to paying subscribers”. Those who pay have to provide personal details, meaning they could be identified if the function was misused

Ashes calamity has trashed McCullum’s credibility. It’s time to call on Alec Stewart | Mark Ramprakash
The curtain came down on the Ashes in Sydney with England again being outplayed in the basics of the game. But it is one thing to have a weak team, and another to have a talented one that just looks muddled.I was very optimistic going into the series because England had a quality group of players, many of them in their 20s – in my opinion their peak years – who had played a lot of international cricket together, come through a tough series against India, and appeared to have matured their approach, adding nuance and adaptability, evolving from their old one-size-fits-all swagger. Well, high expectations can be dangerous because if things don’t work out the disappointment is all the more profound.So I look at the wreckage of this series and all those high hopes and ask myself, did this management group – Rob Key, Brendon McCullum and Ben Stokes – give the England squad the best chance of success? They all seem to be bullish that they can carry on and of the three it is hard to argue that Stokes should not: he’s the obvious leader in the group and there are not many other candidates

Jess Hull steers Australia to relay gold at world cross-country championships in US
The Olympic medalist Jess Hull has steered a star-studded Australian quartet to a mighty relay win at the world athletics cross-country championships in Florida.Ollie Hoare, Linden Hall, Jack Anstey and Hull took charge to claim gold in the 4x2000m mixed relay in Tallahassee on Saturday.It Australia’s fifth medal in the 46-edition history of the championships.The team clocked a time of 22min 23sec to win by three seconds ahead of France, followed by Ethiopia (22min 34sec), Kenya (22min 42sec) and the US (22min 43sec) among 15 teams.Hoare put the Australians in contention in the opening leg before Hall opened a lead of six seconds then Anstey consolidated and Hull commanded the anchor leg

Lloyds CEO Charlie Nunn latest banking boss in line for huge bonus hike

Cream of the crop: small brewers take on Guinness with rival ‘nitro’ stouts

Why Russia’s economy is unlikely to collapse even if oil prices fall | Phillip Inman

Wessex Water bosses handed £50,000 in extra pay despite Labour government’s bonus ban

US hiring held firm in December capping weakest year of growth since pandemic

Glencore and Rio Tinto are at it again – and it seems the markets smell action