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
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European drugmakers say they are ‘losing ground’ to US and Chinese rivals
Some of continent’s biggest pharma firms write to national leaders calling for action to safeguard their futuresSome of Europe’s biggest pharmaceutica…
Why young people are paying to get hired
Why is the entry level job market so broken?…
Australia news live: Chalmers says migration needed for falling birth rate; city of Sydney bans smart glasses
Follow the day’s news live.Get our breaking news email, free app or daily news podcastJim Chalmers says migration is necessary to support Australia’s …
Two pilot whales dead after mass stranding
Attempts to refloat the whales off the Northumberland coast are unsuccessful due to the tides.…
Jerusalem Daily: Ben-Gvir demands death penalty for Palestinian who killed
Jerusalem Daily: Ben-Gvir demands death penalty for Palestinian who killed settler…
Airplane makes ‘miracle’ landing as Typhoon Dujuan hits Japan
A plane landing in Tokyo that one passenger called 'a miracle' ended with applause as Typhoon Dujuan battered Japan.…
Aviation regulators turn to AI to help manage the nation's airspace
The Federal Aviation Administration launched an ambitious $875-million-dollar push to make the U.S. airspace more efficient. But critics say it won't …
Fears over interest rate rise and jobs send UK consumer confidence to three-year low
Blow to John Healey before budget as UK households face ‘notable strain’ on their financesBusiness live – latest updatesFears of a steep rise in mortg…
Think Australia would be better off with less migration? The numbers tell a different story
The population is ageing and we’re having fewer babies. Labor should keep that in mind as the migration debate ragesGet our new political email, free …
Aliko Dangote: Refining Nigeria’s oil, helping Africa, and creating wealth
The world’s richest Black man says he aims to make Africa more self-sufficient and less reliant on imports.…
Universal early childhood education better than baby bonus to increase Australia’s birthrate, Labor says
Intergenerational report predicts that in four decades’ time, more Australians will be dying than being born each yearLabor says better investment in …
UK urged to strengthen financial muscle of national wealth fund to aid economy
Unions, thinktanks and others say overhaul could provide investment Britain needsUnions, thinktanks, environmental groups and charities have come toge…
UK startup snares $20m to recreate gigs with ‘hyper-realistic’ digital avatars
Unit1 hopes to offer cheaper version of shows such as Abba Voyage, showcasing living and dead artists in any venueThe former chief executive of Andrew…
As tobacconist firebombings intensify in Melbourne, nearby stores are being denied insurance
Arson attacks related to illegal tobacco trade are also causing revenue and reputation problems for neighbouring businessesGet our breaking news email…
More than 35 woman come forward in case against fake 49ers player accused of fraud
The FBI says Daejon Love and his alleged accomplice, Taylor Chan, defrauded women they met on dating apps out of $1.3mAt least 35 additional women hav…
Uber ordered to pay $40m over death of woman ejected by driver on freeway
California judge finds company ‘vicariously liable’ for driver’s negligence in death of Emily Normandin-ParkerUber was ordered to pay $40m to the pare…
Why Europe has been absent from the great AI safety debate
Though Europe has measures that address how consumers might encounter AI, technology will impact them if the worst scenarios bearEurope’s dilemma over…
BrewDog creditors owed £190m will not be paid in full, say administrators
There are ‘insufficient funds’ to pay unpaid wages, tax owed to HMRC and overdue bills, accountants sayAccountants picking over the remains of BrewDog…
US wheat farmers navigate uncertainty amid drought and geopolitical chaos
Some experts worry factors affecting wheat exports could push global food prices even higher than they are nowWheat prices are at their highest level …
Nigerian police probe death in custody of 37 illegal mining suspects
Officials blame disease outbreak for deaths as survivor suggests they suffocated.…
YouTube star Ms Rachel to match Macklemore’s $1m Palestine aid donation
Educator talks of ‘moral obligation’ and urges ‘every wealthy white celebrity’ to make similar donationYouTube star Ms Rachel has said she is matching…
Next forecasts bigger profits after hot weather lifts sales
FTSE 100 retailer, which owns UK rights to US brands Gap and Victoria’s Secret, says prices could rise in autumnBusiness live – latest updatesNext has…
OpenAI reports more incidents of models acting deceptively
The ChatGPT creator says it is introducing a public reporting framework to share unexpected AI behaviour.…
IMF downgrades Australian economic forecast amid fears of interest rate hike
Global financial institution predicts Australia’s GDP will grow to just 1.6% in 2027 as Treasury faces rising energy costs and inflationGet our breaki…
Why has the response to Nepal’s floods been so muted?
Because wealthy nations do not want to take responsibility for their role in the current climate crisis.…
Amazon raises starting pay to $20 an hour and adds Whole Foods discount
Wage increase brings Amazon’s US minimum pay in line with Costco and includes new grocery discount benefitAmazon has raised its minimum wage in the US…
Suspect in ‘Putney pusher’ case found dead at his west London home
HSBC director Nicholas Brandram, 44, was found unresponsive by emergency services on Tuesday evening A senior city banker suspected of pushing a woman…
Abortion bans make ‘evidence-based medicine’ impossible in some cases, new report says
Some 41 states restrict abortions, a ‘core component’ of maternal fetal practice, high-risk pregnancy non-profit saysMaternal fetal specialists should…
Ladbrokes owner prepares to cut 400 jobs weeks after profit boost
Entain, which also owns Coral and BetMGM, starts consultation process over customer care rolesThe Ladbrokes owner, Entain, has said it is preparing to…
The 500 colleges where former students aren't repaying their loans, and why
Federal data shows many borrowers who aren't paying their loans went to private, for-profit colleges — schools that often market to low-income student…