Business

Trending:


What could Saudi and UAE do to lower oil prices?

The world's biggest oil producers remain reluctant to turn on the taps.


Clashes after hundreds attend China bank protest

Many in China turned up in protest after their banks froze 39 billion yuan ($5.8bn; £4.9bn) in funds.


Petrol prices drop from record highs

The motoring group says falling wholesale costs could lead to £10 off a tank within a fortnight.


Did the Bank of England make the right call?

The Bank of England warns the UK will fall into recession as it raises interest rates from 1.25% to 1.75%.


Saudi Aramco profit surges 90% in second quarter amid energy price boom

Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half year results on Sunday.


UK economy grows more than expected in May

The economy grew by 0.5% in May, higher than many analysts had predicted.


Bigger rate hikes on the table, says Bank boss

The Bank could raise rates by 0.5% at its next meeting in August, its boss Andrew Bailey will say.


'We spent 15 hours on a flight to nowhere'

Mark and Caroline Gittins ended up back where they started, after strong winds diverted their flight to Madeira.


H&M to sell off stock before leaving Russia

The world's second-biggest retailer says it is impossible to do business due to the war in Ukraine.


British Gas in shareholder payout as bills rise

Centrica is to pay a dividend of 1p per share after having suspended payouts for three years.


Euro falls below dollar for first time since 2002

Fears of recession in Europe are weighing heavily on the single currency.


Snap shares slide as advertising slump hits sales

The California-based company is best known for the photo-sharing app Snapchat.


Tourists stuck in China resort city after lockdown

Concerns are growing about the impact of China's "zero-Covid" policy on its economy.


Heathrow losses continue despite travel rebound

The UK's largest airport says punctuality has improved since it introduced a daily passenger cap.


KitKat maker Nestle puts up prices again

The Swiss food giant increases prices by 6.5% due to "unprecedented" increases in costs.


'Echoes of the Cold War' as Blinken heads to Africa, vying with Russia for influence

U.S. Secretary of State Antony Blinken arrived in South Africa on Monday to begin a three-country tour, as major powers jostle for influence on the continent.


Emirates calls Heathrow passenger cap unacceptable

The airline accuses the airport of being "cavalier about travellers" for limiting summer departure numbers.


Five ideas from families saving money over summer

Millions of us are still determined to have a summer getaway but keeping an eye on spending.


Bain banned from government work over 'misconduct'

The management consultancy cannot work for the UK government for three years over 'misconduct' in South Africa.


US prices rising at fastest rate for 40 years

Gasoline and food prices are pushing up inflation in the US, which is at a record level.


Asia gambling hub shuts casinos amid Covid outbreak

The city has recorded around 1,500 Covid cases since mid-June, official figures show.


Soaring energy direct debits called into question

Energy suppliers told to review the way they charge customers after large increases in direct debits.


Energy rationing cannot be ruled out, warns Shell

A "really tough winter in Europe" is ahead given doubts over Russian gas supplies, says Shell boss.


Is there anything green about plastic grass?

More people are swapping real lawns for fake but experts are worried about its environmental impact.


How will a recession hit the UK housing market?

The UK economy is predicted to shrink later this year so what would that do to the housing market?


Argentina interest rate hits 69.5% as prices soar

The move comes as figures showed inflation in South America's second largest economy hit a 20-year high.


US and Taiwan announce formal trade negotiations

The talks come weeks after a controversial visit to Taiwan by US House Speaker Nancy Pelosi.


McDonald's puts up price of cheeseburger

The fast food firm increases the price for the first time in 14 years due to growing cost pressures.


NZ First Foundation case: Crown appeals not guilty verdict

The Crown is appealing the decision in the NZ First Foundation case which saw two men charged over the donations to the party found not guilty.


China signals it could miss economic growth target

It comes as Beijing is pursuing a zero-Covid policy that has put major cities in harsh lockdowns.


Gas prices soar as Russia cuts German supply

The Nord Stream 1 pipeline is now operating at just a fifth of its usual capacity.


US economy shrinks again ringing recession alarms

The US economy contracted at an annual rate of 0.9% in the three months to July.


What can I do if I can't afford my energy bill?

Charities warn against not paying for energy bills as a campaign to refuse to pay builds.


Train drivers to go on strike on July 30

Union Aslef says eight rail companies will go on strike after talks over pay broke down.


Energy bills could go up before October price rise

The energy regulator says it's "possible" customers' direct debit payments will rise before October.


Netflix subscriber losses grow

The streaming giant saw subscribers fall by almost 1 million - not as much as feared.


Union suspends Heathrow refuelling staff strike

A three day strike from Thursday to Sunday by Heathrow Aviation Fuel Services staff is called off.


JetBlue to buy Spirit for $3.8 billion in push to become the fifth-largest US carrier

JetBlue Airways reached a deal to buy Spirit Airlines after the discounter broke off its merger agreement with Frontier Airlines.


16,000 firms go bust owing millions in Covid loans

While most went broke for legitimate reasons, 260 directors have been disqualified for misuse of money.


Football fans losing £410 to fake ticket scams

The return of the Premier League could see fraudsters trick devoted fans out of hundreds of pounds.


Netflix expands plans to charge for shared accounts

The streaming service is looking for new ways to make money as growth slows.


Heathrow warns more flight cancellations possible

The airport apologises for recent disruption but says it could still ask airlines to cut more flights.


ALEX BRUMMER: Sri Lanka crisis is a test for the West

The tragic loss of life and scenes of mayhem in Sri Lanka, where the president's residence was ransacked, are deeply disturbing.


Elon Musk sells another $6.9bn of Tesla shares

The multi-billionaire says he needs the money in case he is forced to buy Twitter for $44bn.


Why inflation may feel even worse than it is

Your own personal inflation rate could be higher than official figures suggest.


Uber attracts more drivers as cost of living bites

The ride-hailing app had been facing a driver shortage, leading to long waiting times for customers.


IMF warns rising debt in Asia puts region at risk

Srinivasan said countries at risk include Laos, Mongolia, Maldives and Papua New Guinea, noting Sri Lanka has already defaulted on its debt repayments.


Can the right smell make you more productive?

With more people working from home there's growing interest in making the home smell better.


Lego pull out of Russia 'indefinitely'

The Danish toymaker says it will end its partnership with a company which runs its 81 shops.


China economy contracts amid zero-Covid policy

Shanghai and other Chinese cities were put into full or partial lockdowns during the last three months.