Ivan Coulter from Sigmoid Pharma, winner of the inaugural ‘Innovation of the Year’ Award and also named winner of the Application of R&D Category.

“Innovation . . . is the application of imagination. There are plenty of success stories . . . but that’s the easy pill to swallow. The bitter one is (...)

Elon Musk, founder and chief executive and lead designer of SpaceX, and also CEO of Tesla, speaks during a media conference in Adelaide. Photograph: Reuters

To cut costs, Elon Musk’s SpaceX company has shrunk the size of the rocket ship it is developing to go to Mars, aiming to start construction on the fi(...)

Microsoft is due to publish its financial results on Thursday. Photograph: Brian Snyder/Reuters

Monday Results: BlackRock, Netflix Indicators: Irish balance of trade (May); euro zone inflation (Jun) Meetings: Social Justice Ireland launch of(...)

Japan’s defence ministry drill on deployment of Patriot Advanced Capability-3 surface-to-air guided interceptors: Japan is in a region with some of the world’s fastest-growing military budgets. Photograph: Kyodo News via Getty Images

Until a few years ago, the idea of an international arms fair in Japan would have struck many as ludicrous. Japanese troops have not fired a weapon in(...)

Alun Wyn Jones and Leigh Halfpenny celebrate after victory for the Lions in the third Test against Australia in Sydney in 2013. Photograph: David Rogers/Getty Images

Warren Gatland’s Lions have a chance to win a Test series when they face New Zealand in the third and final match at Eden Park on Saturday. Only the t(...)

 North Korean inter-continental ballistic rocket Hwasong-14 being prepared before a test launch:  Japan is looking at how to eliminate such threats. Photograph:  KCNA/EPA

A series of recent missile tests has added new urgency to Japan’s debate about how it can defend itself from Pyongyang’s increasingly sophisticated ar(...)

US President Donald Trump delivers a speech to the Arab Islamic American Summit in Riyadh, Saudi Arabia. Photograph: Jonathan Ernst/Reuters

Middle Eastern nations “cannot wait for American power to crush” Islamic terrorism for them, US president Donald Trump told Islamic leaders on Sunday,(...)

Saudi Arabia’s King Salman bin Abdulaziz Al Saud welcomes US president Donald Trump and first lady Melania Trump during a reception ceremony in Riyadh, Saudi Arabia. Photograph: Jonathan Ernst/Reuters

The US has reached a $6 billion (€5.35bn) deal for Saudi Arabia to buy four littoral combat ships made by Lockheed Martin in a package of major arms p(...)

Twitter: In its last results in February the company reported sales totalling $717 million (€672 million) in the fourth quarter, up only about 1 per cent compared with the previous year. Photograph: Reuters/Dado Ruvic

Monday Results: Halliburton, Hasbro, Hyundai, Office Depot, Villeroy & Boch, Volvo Indicators: German business climate (Apr); UK business optim(...)

Traders on the floor of the NYSE on Friday. Financial markets were initially spooked by US missile strikes against Syria. Photograph: Bloomberg

The US missile strike on Syria was the dominant factor in the markets yesterday with oil trading near a one-month high while the dollar rose as invest(...)