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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Volkswagen announces it will cut 100,000 jobs by 2030
Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructureThe car company Volkswagen has annou…
Higher education regulator apologises for imposing £585,000 fine on university
Office for Students made decision to punish University of Sussex with fine last year after claiming it breached free speech regulationsEngland’s highe…
Burnham’s Big Economic Choices
How is the global economic picture shaping Andy Burnham’s first budget?…
Benzema, Pogba, Sancho and Sterling: What now for football’s free agents?
Ex-Real Madrid and Manchester United stars, Karim Benzema, Paul Pogba and Jadon Sancho among post-deadline free agents.…
Nvidia to buy developer platform Hugging Face in $12.9bn deal
Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chipsNvidia will buy the popular developer pla…
Dutch central bank moves 86 tonnes of gold to UK from US and Canada, citing ‘geopolitical unrest’
Bank says gold reserves held in London could be traded more easily and the move will allow it to respond more rapidly in a ‘crisis situation’The Dutch…
Australia news live: Jim Chalmers weighs in on One Nation WA byelection win; $2m for Indigenous racism online register
Treasurer says he acknowledges concerns about inflation, cost of living and real wages were on voters’ minds. Follow the day’s news live.Get our break…
Netherlands moves billions in gold to London in 'crisis preparedness' move
The Dutch central bank removes some of its gold reserves from the US and Canada, saying it is because of "increasing geopolitical unrest".…
Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm
Landmark lawsuit claims tech company’s pay-setting system has breached privacy laws and pushed down earningsUber drivers have launched a landmark lega…
We’re purchasing EVs instead of holidaying in Europe – and what else we learned from Australia’s national accounts
ABS’s snapshot of Australia’s accounts shows economic growth – albeit low – in the face ‘challenging international circumstances’Get our breaking news…
Tim Cook handed $47m package for new role as executive chair of Apple
Pay and shares deal nearly matches $58m award to John Ternus, his successor as CEO at the $4.7tn tech companyBusiness live – latest updatesTim Cook ha…
The US is gobbling up Venezuelan oil, but will it lower fuel prices?
Analysts say Venezuelan crude is hard to extract and refine, and likely can't replace oil stuck in the Strait of Hormuz.…
‘He was always a bit of a groundbreaker’: David Bowie enters a new dimension in ‘extended reality’ documentary
Hundreds of unseen images of the star feature at the Venice film festival, alongside virtual worlds exploring wildfires, wolves and the birth of stars…
A week after the deadly floods in Nepal, rescuers work to find survivors
Nearly a week after flash floods devastated parts of Nepal and Tibet, rescuers are still searching for people trapped in hydropower plants. But first …
Parking fines sent to intensive care patient
Kate Matthews, 36, has been "fighting for her life" at Hull Royal Infirmary since March.…
At least 16 dead, 28 injured, in Egypt bus crash
Bus crashes on Dahab-Nuweiba road on the eastern coast of the Sinai Peninsula, an area popular with tourists.…
Cricketers to get best rooms at Asian Games 2026, says Japanese official
Cricket is a minor sport in Japan, but it will provide the best accommodation to participating teams, the official says.…
Video: US energy chief in Venezuela to sign controversial oil deal
US Energy Secretary arrived in La Guaira for the signing of a deal that will control much of Venezuela's oil reserves.…
Alex Eala cruises into US Open second round, top seed Zverev survives
Americans Madison Keys, Coco Gauff and Taylor Fritz powered through to the second round alongside birthday boy Monfils.…
US urges G20 to cut trade imbalances, focus on China
US Treasury Secretary Bessent urges other G20 countries to do more to protect their economies from Chinese imports.…
Remarkable US oil deal puzzles analysts - and angers many Venezuelans
Amounting to 65 billion barrels of crude, the deal is labelled by one ex-envoy as a colonialist "fever dream".…
Who is John Ternus, Apple’s next CEO?
Hardware engineering executive succeeding Tim Cook is a longtime Apple insider, indicating company will continue strategy that has led to record profi…
House prices head for historic 10% drop as fourth interest rate hike looms
Cotality data reveals property prices are now falling in more than 90% of Australian suburbs, while analysts expect market downturn to continueGet our…
London Stock Exchange to lose three more firms after takeover offers
Latest purchases take value of deals to leave capital’s stock market this year past $100bnThree more London-listed companies are set to be taken over …
Football power struggle caused FIFA World Cup plan fallout, says Kushner
Investor Joshua Kushner blames football's 'political dynamics' for FIFA's leadership crisis involving Gianni Infantino.…
Nepal buries unidentified flood victims as families await answers
Nepal authorities are burying unidentified flood victims in temporary graves.…
‘Not welcome’: How Sweden’s far right took over Stockholm Central Station
The Sweden Democrats also posted advertisements on buses suggesting Swedes with Somali heritage apply for repatriation.…
Judge to decide if Tyler Robinson will go to trial in Charlie Kirk murder case
Utah District Judge Tony Graf Jr. will hear arguments over evidence introduced in July, to decide if there's enough probable cause for a trial in the …
Made in America: How AI is keeping this U.S. factory competitive
GE Appliances is leaning heavily into artificial intelligence to improve quality and efficiency on the factory floor.…
A NY hospital tried to close its birthing center. This city united to fight back
Democrats and Republicans in Troy, New York, took on a national Catholic health system and kept the county's last birthing center open.…