BUSINESS

Annualized inflation rate was 3.4%, same as July, and core inflation, which omits energy and food prices, rose to 2.4% US consumer prices remained stubbornly high in August as the end of the ceasefire between the US and Iran pushed energy prices up, according to data from the US Bureau of Labor…

From Shropshire to Hamburg, depleting reserves and spiralling costs are spawning a continent-wide energy crisis Bridgnorth Aluminium has faced down Brexit, Covid and repeated energy shocks in recent years. But this winter is bringing extra “stress and pressure”, says its head of sales, Adrian…

Crude jumps above $107 a barrel amid concerns over Middle East conflict and out-of-control government borrowing Nervous investors across big economies have been dumping government bonds, driving up the cost of borrowing, as surging oil prices amplified fears about rising inflation. The cost of a…

The biggest May to September of all time was recorded in US cinemas, with the UK enjoying a 56% rise in audiences, outstripped by an 88% lift in the Middle East and Africa As well as celebrating their wedding, the actors Tom Holland and Zendaya have something else to toast: their two summer…

Borrowing costs climb in Europe and oil tops $105 a barrel as bank says growing price pressures in eurozone will be ‘longer lasting than we had anticipated’ Business live – latest updates The European Central Bank has raised interest rates to 2.5% and warned that the risk of higher inflation over…

Brent crude up by more than 3% after latest fire between US and Iran in Gulf and Houthi attacks on Saudi cities The price of oil has risen above $100 a barrel for the first time since July as the escalating conflict in the Middle East threatens further disruption to global supplies. Brent crude,…

John Ternus helms his first major event as head of $4.5tn company, where he announces first foldable iPhone John Ternus, Apple’s new CEO, helmed the company’s annual showcase of new iPhones and other products on Wednesday. It was the first time the public saw the warm and unpretentious demeanor of…

AFL-CIO calls for ban on such labels to protect consumers and workers from surveillance pricing and job cuts The universal adoption of electronic shelf labels in grocery stores across the US could cost tens of thousands of jobs and billions of dollars in lost wages while further driving up grocery…

Trump responds after Canada imposes $20bn in retaliatory tariffs and Canadian PM vows to diversify trade abroad The US is banning dairy products, most alcoholic beverages and motorcycles from Canada , the White House said on Tuesday, as the trade war between the two neighbors and longtime allies…

EU’s highest court allows Swedish furniture firm to begin proceedings after Vlaams Belang used its trademarks in immigration campaign Ikea has won the right to take legal action against a Belgian far-right political party that parodied the Swedish flatpack furniture firm’s branding in its…

National Air Traffic Services apologise for technical issue disrupting departures today, which Flightradar24 say has caused hundreds of cancellations Air traffic control issue causes flight delays and disruption across UK Gas prices are rising this morning, putting pressure on European countries…

Rates of smoking in Australia are the lowest they’ve ever been, but at the same time, the illicit trade has never been bigger. It’s estimated 80% of the tobacco trade is now illicit and the same taxes that helped curb smoking are now fuelling organised crime. One Nation and the Coalition both…

Labor experts stunned at how anti-worker Trump has been with actions since last Labor Day that have hurt unions Donald Trump has repeatedly vowed to champion US workers. Shortly before Labor Day last year, he said: “Every policy of the Trump administration is designed to lift up the American worker…

Uptick in US union membership coincides with high public approval ratings of unions After years of decline, union membership in the US increased by 411,000 members in 2025, the largest increase since 2008, according to a new report . The report makes clear the impact that “right to work” laws can…

US-owned dating app allegedly allowed ad firms access to private information in breach of UK law Grindr will pay £26m to settle a lawsuit brought by thousands of users in the UK who allege that the US dating app shared highly sensitive personal information, including in some cases their HIV status,…

Global AC demand will inevitably accelerate as the world continues to warm amid the climate crisis The greenest campaigners against climate change have long suffered from a crippling shortcoming: they too often frame the challenge as a problem of excess consumption. This motivates calls to “degrow”…