Lawyers representing the Bille community in Nigeria's Niger Delta have filed amended pleadings at the English High Court alleging that Shell knowingly misled the courts to avoid standing trial over decades of oil pollution. The Shell Nigeria lawsuit, brought by the Bille community seeking clean-up costs and compensation, is due to go to trial early next year and could become one of the most significant environmental claims ever faced by the London-listed energy group. Shell denies the allegations.

Donald Trump declared more than 22,000 stock transactions in 2025, according to an FT analysis of financial disclosures released this week. His immediate predecessor Joe Biden disclosed 13 transactions over four years. In his first term, Trump declared 517. The disclosures show Trump bought between $461 million and $1.4 billion in stocks last year across eight investment accounts, seven of which appeared to be tracking broad market indices. The eighth engaged in more targeted stockpicking, including positions in restaurant chain Kura Sushi and arms company Kratos Defence.

Revolut has notified users that it will delist Tether's USDT stablecoin by August 31, 2026. Purchases of USDT will be disabled from July 6, deposits will be rejected after July 30, and any holdings not sold or withdrawn by August 31 will be automatically converted into the user's base currency at the prevailing exchange rate. The company cited "regulatory and risk considerations" without specifying which regulations triggered the decision or whether the delisting applies globally or only in certain jurisdictions. Revolut did not respond to a request for comment on either point.

As of July 1, crypto companies operating in the European Union without authorisation under the MiCA regulation are doing so illegally. The transition period that gave firms time to prepare has ended, and national regulators across the bloc have begun issuing notices demanding that unauthorised providers wind down operations or face enforcement.

Bitcoin fell as low as $59,023 on Wednesday, dropping 5.4% and breaking below $60,000 for the first time since October 2024 — a level traders have treated as significant support for much of the past two years. The move came as US equity markets extended a three-day losing streak, with the S&P 500 down 0.3% and the Nasdaq falling 0.8% in Wednesday afternoon trading. Asian markets also sold off earlier in the session, with chipmakers Samsung Electronics and SK Hynix among the hardest hit as investor appetite for stretched valuations continued to deteriorate.