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Morocco’s absolute ruler Mohammed VI turned Spain’s border into leverage over Madrid

Private credit, chip leases and data centre guarantees underpin a vast new model for AI spending

Fifa’s regulatory functions must be separated from its commercial activities

The Gulf state is investing heavily in land, ports and influence across the continent. But its entangled goals come at a price

Growing number of ships will help Moscow continue exporting liquefied natural gas when sanctions tighten next year

Bid to support Japan’s currency shows US is ready to scupper trades that push against its interests

Players like Lamine Yamal and Jude Bellingham are Europe’s rare earths

Finance minister Satsuki Katayama confirms joint action with Washington to counter ‘disorderly movements’

A puzzling intervention

AB InBev shifts marketing dollars to other brands as tie-ups with celebrities and cage fighting fail to halt decline in sales