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Court is likely to throw out Donald Trump’s spurious claim about planted evidence

US attorney-general Merrick Garland has asked a judge to unseal the search warrant for Trump’s home

August is a hot month for M&A

Already $63bn of transactions have been announced in North America, the most for a comparable monthly period since November

Tencent set to reassure investors during quarterly results as woes mount

The company is set to report its first quarterly revenue decline since the 2008 financial crisis next week, weighed down by a slowdown in gaming sales

Two reports highlight racism in UK health sector

The UK’s science and medical industries are facing a reckoning over their links to racism in the past and present

Hong Kong bans film depicting 2014 pro-democracy protests

An eight-minute film about a young gay man’s struggles in Hong Kong has been banned over a one-second scene depicting the 2014 pro-democracy protests

Toto offers R7bn for government’s Telkom stake

The investment firm made an offer for the 40.5% stake in the country’s third-largest mobile phone company

Liz Truss promises no windfall tax on energy firms

‘It’s a Labour idea and all about bashing business and it sends the wrong message to international investors and to the public‘

Apple remains upbeat despite global electronics slump

Sales of new iPhone models are likely to drive the company’s growth this year

Putin’s invasion of Ukraine a blow for Russian economy

GDP is expected to shrink for the first time in more than a year

Rwanda hikes interest rate by most since 2009 to tame inflation

The monetary policy committee increases the key policy rate to 6% from 5%

Former Arm boss Tudor Brown quits SMIC as US-China relations sour

Brown is the latest of several individuals with UK or US nationality to have left the Chinese chipmaker’s board

US supplier inflation falls for first time in more than two years

Producer price index fell 0.5% in July from a month earlier, largely reflecting a drop in energy costs

Disney overtakes Netflix on streaming subscribers

The Walt Disney business bets on ad-free viewing as it hikes premiums

Deutsche Bank builds SA team for ‘deals hub’ in Africa

The German lender has identified Africa as a growth opportunity and is in talks with about issuing bonds and debt restructuring

Cantor CEO Howard Lutnick’s $50m bonus was ‘wildly excessive’, lawsuit says

A Newmark investor says the bonus was approved even after board members learnt Lutnick’s hedging deals involving Nasdaq shares had not lifted stock value

China censors health information unicorn

Tencent-backed DXY forbidden to post on Weibo after it questioned efficacy of traditional medicine treatment for Covid promoted by state