Zohran Mamdani stuns Democratic establishment in New York mayor race

Early results point to upset win for the left-wing candidate over former governor Andrew Cuomo
‘We’ve watched this movie before’: oil traders shrug off Mideast tumult

Open source intelligence and social media posts gave market participants confidence to sell despite Israel-Iran conflict
Trump’s wavering on Nato defence pact casts pall over summit

US commitment to Article 5 ‘depends on your definition’, says president ahead of meeting with allies
Crypto coin for Russian shadow payments moves $9bn

The A7A5 token aims to facilitate financial flows disrupted after Ukraine war
Can HSBC cut its way to growth?

The bank’s latest reorganisation has arguably left it with few options to boost revenue as it faces trade tariffs and lower interest rates