German prosecutors file lawsuit against Greensill bosses over role in bank’s collapse

German prosecutors have brought criminal charges against three people involved in running Greensill Bank for their role in the 2021 collapse of the lender.The Bremen public prosecutor’s office said the unnamed people were charged with crimes related to the bankruptcy, as well as the misrepresentation of the German bank’s finances.The people are alleged to have circumvented banking regulations involving a €2.2bn (£1.9bn) refinancing in 2019 of steel plants owned by the Gupta Family Group Alliance (GFG), a struggling group of companies overseen by metals tycoon Sanjeev Gupta

Narrow Bank of England vote puts end of interest rate-cutting cycle in sight

Rachel Reeves has reason to be cheerful. After last month’s budget, the Bank of England cutting interest rates will come as an early Christmas tonic for the chancellor by lifting some of the pressure on hard-pressed borrowers.The City had been heavily betting on a sixth cut since August last year, and Threadneedle Street delivered with a reduction in the base rate from 4% to 3.75%. The question, however, is how much further the Bank can go to bring to an end its current easing cycle, after a painful hump in inflation over the past year

From Nvidia to OpenAI, Silicon Valley woos Westminster as ex-politicians take tech firm roles

When the billionaire chief executive of AI chipmaker Nvidia threw a party in central London for Donald Trump’s state visit in September, the power imbalance between Silicon Valley and British politicians was vividly exposed.Jensen Huang hastened to the stage after meetings at Chequers and rallied his hundreds of guests to cheer on the power of AI. In front of a huge Nvidia logo, he urged the venture capitalists before him to herald “a new industrial revolution”, announced billions of pounds in AI investments and, like Willy Wonka handing out golden tickets, singled out some lucky recipients in the room.“If you want to get rich, this is where you want to be,” he declared.But his biggest party trick was a surprise guest waiting in the wings

Hackers access Pornhub’s premium users’ viewing habits and search history

Hackers have accessed the search history and viewing habits of premium users of Pornhub, one of the world’s most popular pornography websites.A gang has reportedly accessed more than 200m data records, including premium members’ email addresses, search and viewing activities and locations. Pornhub is a heavily used site and says it has more than 100m daily visits globally.The hack was reportedly carried out by a western-based group called ShinyHunters, according to the website BleepingComputer, which first reported the incident. The site reported that the data included premium members’ email addresses, search and viewing activity and location

There are only two things wrong with this England team. They can’t Baz. And they can’t ball | Barney Ronay

Even losing seems to involve doing so without the qualities that were supposed to make England winIt’s a cruel, cruel summer. By the close of play in Adelaide, on the kind of superheated afternoon when just going outside basically involves setting fire to your own hair, it was clear this was the day the music finally died for England’s Ashes tour; even if that music has long since faded, like the tinkle of a haunted pianola in an empty house.The start of day two had presented a familiar challenge. Here was another occasion where it was necessary to bat properly. And yes, it is always this day

Myles Garrett is having a season for the ages. The Browns are wasting it

The NFL sack record is one of those hallowed figures in professional sports. Michael Strahan’s 22.5 lingered for two decades not because pass rushers failed to get better, but because everything has to break just right for someone to reach it. You need volume. You need game scripts