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Business & Economy

Business, finance and the global economy — markets, central banks, trade and the companies moving them. We follow the data that matters (inflation, rates, growth and jobs), the corporate earnings and dealmaking driving equities, and the commodity and currency swings that set the cost of everything.

Latest in Business & Economy

386 stories
HSBC to pull out of Australian retail banking market

HSBC to pull out of Australian retail banking market

London-based company to sell local loan portfolio to Blackstone, but will continue private and institutional banking servicesFollow our Australia news…

Amazon’s Zoox secures US federal approval for steering-wheel-free robotaxis

Amazon’s Zoox secures US federal approval for steering-wheel-free robotaxis

Zoox will launch its commercial robotaxi service in Las Vegas after receiving federal clearance.…

Burnham to free mayors from ‘Treasury death grip’ with new devolved powers

Burnham to free mayors from ‘Treasury death grip’ with new devolved powers

Local leaders say plan will transform funding so English regions no longer rely on Whitehall handouts for projectsEngland’s regional mayors will be ab…

French teen fined in Singapore over ‘straw licking’ stunt

French teen fined in Singapore over ‘straw licking’ stunt

A French teenager has been fined about $465 after pleading guilty to a public nuisance charge in Singapore.…

Why is US GDP growth slowing, and how can it be reversed?

Why is US GDP growth slowing, and how can it be reversed?

Tariffs and oil price hikes create a supply shock, dragging down US economic growth in the second quarter of 2026.…

American Red Cross declares second-ever national blood supply crisis

American Red Cross declares second-ever national blood supply crisis

Donations to top US provider have dropped to four-year summer low with less than a day’s supply of type O positiveThe American Red Cross has declared …

Glen Hansard: Meeting heroes and the tape that changed his life

Glen Hansard: Meeting heroes and the tape that changed his life

Glen Hansard, who died in a motorbike crash on Wednesday, travelled an unusual journey to stardom.…

Greek police probe 'foul play' in death of woman found in suitcase

Greek police probe 'foul play' in death of woman found in suitcase

Elisabeth-Jane Ross's body was found in an abandoned building in the Kypseli district in Athens on 18 July.…

US economy grows sluggish 1.5% in second quarter as inflation tops Fed target

US economy grows sluggish 1.5% in second quarter as inflation tops Fed target

Consumer spending remained resilient even as policymakers kept interest rates on holdThe US economy expanded at a sluggish 1.5% pace from April throug…

Victims of disgraced funeral boss 'unable to get refunds'

Victims of disgraced funeral boss 'unable to get refunds'

Robert Bush defrauded 172 people who bought funeral plans out of £562,000, a court hears.…

Four people die trying to cross Channel in small boats

Four people die trying to cross Channel in small boats

French officials said the people had died in two separate incidents off its coast overnight.…

Profits boost for defence firms as governments beef up spending

Profits boost for defence firms as governments beef up spending

Shares in Rolls-Royce jump by 5.5% after it lifts earnings guidance, while BAE Systems also upgrades profit forecastsBusiness live – latest updatesRol…

Mum and boyfriend jailed for girl's  murder

Mum and boyfriend jailed for girl's murder

Isabelle Welsh was subjected to "sadistic" violence and abuse before her murder, a court hears.…

Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’

Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’

Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be easedCarmakers are delaying final decisions to …

He watched the 1966 World Cup final at Wembley aged 16 - no day since has matched it

He watched the 1966 World Cup final at Wembley aged 16 - no day since has matched it

Kenneth Farrington shares his memories of the 1966 World Cup Final, 60 years on.…

Meta misses earnings forecasts after Zuckerberg media push to promote AI

Meta misses earnings forecasts after Zuckerberg media push to promote AI

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AIMeta chief executive Mark Zuckerberg’s m…

Funeral boss 'abandoned' bodies to 'let nature take its course'

Funeral boss 'abandoned' bodies to 'let nature take its course'

Hull Crown Court hears details of the disturbing scenes inside Legacy Independent Funeral Directors.…

American, Asian confederations blindsided by FIFA’s World Cup plan

American, Asian confederations blindsided by FIFA’s World Cup plan

Americas governing body 'deeply concerned' by lack of due process in FIFA private investment plan, AFC 'disappointed'.…

Shares in Asian chip firms plunge further as AI sell-off continues

Shares in Asian chip firms plunge further as AI sell-off continues

Drop comes after South Korean company SK Hynix’s results undershot investors’ expectationsBusiness live – latest updatesShares in companies linked to …

More Americans are going bankrupt. What does that mean?

More Americans are going bankrupt. What does that mean?

The bankruptcy rate has risen about 48% between 2022 and 2025, although it's still below pre-pandemic levels.…

‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders

‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders

ABS data shows inflation still too high but tracking lower than anticipatedAustralian mortgage-holders have “dodged a bullet’, with the Reserve Bank n…

‘Prioritising profit’: Australians regularly prescribed medicinal cannabis with very high THC levels

‘Prioritising profit’: Australians regularly prescribed medicinal cannabis with very high THC levels

Exclusive: Of more than 1,000 medicinal cannabis products available, only two have been evaluated by the drug regulatorFollow our Australia news live …

How Mexican drug cartels have outsourced meth labs to Nigeria

How Mexican drug cartels have outsourced meth labs to Nigeria

West Africa is becoming increasingly attractive to those who want to make and export illicit drugs.…

Ghana mourns its tallest man - a 'generous and popular giant'

Ghana mourns its tallest man - a 'generous and popular giant'

Sulemana Abdul Samed, who was diagnosed with gigantism several years ago, has died at the age of 33.…

As many are priced out of buying, the renter-owner wealth gap is wider than ever

As many are priced out of buying, the renter-owner wealth gap is wider than ever

Record high housing costs have pushed the wealth gap between renters and owners wider than ever. It's been a boon for owners even as many others are p…

As Spain battles wildfires, its politicians battle over climate change's role

As Spain battles wildfires, its politicians battle over climate change's role

Crews are still battling wildfires that broke out last week and have burned nearly 200,000 acres across Spain. The country is bracing for another roun…

Rome’s viral graffiti cleaner is taking on an ancient problem

Rome’s viral graffiti cleaner is taking on an ancient problem

Graffiti has marked the walls of Rome for millennia. One content creator builds a following cleaning spray-paint.…

Bystander video shows teen lifeguard's dramatic ocean rescue

Bystander video shows teen lifeguard's dramatic ocean rescue

The 16-year-old lifeguard rescued a 10-year-old boy from a beach in Santa Cruz, California after the boy had been swept offshore.…

Former Gavin Newsom aide shares fresh details of affair

Former Gavin Newsom aide shares fresh details of affair

Ruby Rippey writes in Vanity Fair of relationship with then San Francisco mayor and appears to contradict his accountA former aide to Gavin Newsom has…

Iraqi PM visits Turkiye to boost ties despite complex challenges

Iraqi PM visits Turkiye to boost ties despite complex challenges

Discussions to focus on 'strategic cooperation', as well as issues related to security, water and the economy.…