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Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’ UK food inflation ‘could hit 9%’, trade body warns as Reeves meets retail chiefs ‘Uncertain times’: Albanese warns months ahead ‘may not be easy’ in rare address to nation about Middle East crisis Under Water by Tara Menon review – love, loss and a longing for the ocean Deathstalker review – ludicrously enjoyable revisit of 80s swords-and-sorcery silliness Anthony Albanese addresses the nation on the Middle East crisis – read the speech in full Macron praises Europe’s predictability in face of countries that ‘hurt you without even informing you’ – as it happened Reeves criticises Trump for starting Iran war with no ‘clear plan’ to get out of it – UK politics live Dear Killer Nannies review – a surprisingly gut-punching Pablo Escobar drama Nasa’s Artemis II rocket lifts off for historic moon mission Has a club won the title with a better goal difference than points tally? Manchester United wage bill revealed as half that of WSL rivals Arsenal last season ECB accused of allowing non-disabled players to take place of disabled cricketers in top domestic league Revealed: the vast illegal casino network targeting UK gamblers Australian PMs have addressed the nation only a handful of times. Anthony Albanese joins their ranks ‘Raise our heads and resist’: how Europe’s civil society is fighting back against the far right Oil tumbles and UK’s FTSE 100 posts biggest daily rise in a year on hopes Middle East war will end soon – business live Moira Deeming could stay on Liberal ticket after preselection bungle as members make ‘stitch up’ claim Baldwin by Nicholas Boggs review – the relationships that drove a genius Police chiefs failed to tackle racism due to lack of leadership, watchdog finds

Business News

Museums defend BP sponsorship after firm abandons climate targets

conseil.margueritedyouville.ca – British Museum and Science Museum said BP’s decision to grow fossil fuel investment would not alter relationship…
Museums defend BP sponsorship after firm abandons climate targets

European carmaker shares hit by US tariff threat, as jobless claims rise – as it happened

conseil.margueritedyouville.ca – Rolling coverage of the latest economic and financial news…
European carmaker shares hit by US tariff threat, as jobless claims rise – as it happened

The Virgin-Qatar deal is welcome but it’s not the magic bullet Australian aviation needs

conseil.margueritedyouville.ca – At a time when money can clearly be made domestically and passengers are paying more, this tie-up won’t fix competition woes…
The Virgin-Qatar deal is welcome but it’s not the magic bullet Australian aviation needs

Drax power plant to cut carbon capture investment despite record £1bn profit

conseil.margueritedyouville.ca – Move comes after government said it would halve subsidies that allowed firm to make ‘unacceptably large profits’…
Drax power plant to cut carbon capture investment despite record £1bn profit

Ocado to cut 500 technology and finance jobs as AI reduces costs

conseil.margueritedyouville.ca – Online grocery specialist takes advantage of tools that helped improve productivity of engineering team…
Ocado to cut 500 technology and finance jobs as AI reduces costs

Rolls-Royce brings back dividend and announces £1bn share buyback

conseil.margueritedyouville.ca – British jet engine maker’s underlying operating profits rose 55% to £2.5bn in 2024 as it bounces back from Covid crisis…
Rolls-Royce brings back dividend and announces £1bn share buyback

Qantas posts $1.39bn profit as holidaymakers flock to Jetstar

conseil.margueritedyouville.ca – Half-year results reveal budget carrier earnings up 35% in a year with 8% uptick in capacity…
Qantas posts $1.39bn profit as holidaymakers flock to Jetstar

Labour donor Dale Vince claims libel victory over false pro-Hamas claim

conseil.margueritedyouville.ca – Vince to receive damages from Guido Fawkes blogger and says he will take Reform UK’s Richard Tice to full trial…
Labour donor Dale Vince claims libel victory over false pro-Hamas claim

Shein found two cases of child labour at suppliers in 2024, firm tells UK MPs

conseil.margueritedyouville.ca – Online fashion retailer, which is planning an IPO in London, responds to questions from parliamentary committee…
Shein found two cases of child labour at suppliers in 2024, firm tells UK MPs

Dirtier BP is still miles away from resetting its share price | Nils Pratley

conseil.margueritedyouville.ca – Fossil fuel giant’s strategic U-turn may be far-reaching but even after ditching climate goals the shares fell…
Dirtier BP is still miles away from resetting its share price | Nils Pratley

BP blames ‘misplaced’ faith in green transition for its renewed focus on fossil fuels

conseil.margueritedyouville.ca – CEO Murray Auchincloss says ‘fundamental reset’ will mean cut of more than £4bn to low-carbon investment plan…
BP blames ‘misplaced’ faith in green transition for its renewed focus on fossil fuels

Why has BP pulled the plug on its green ambitions?

conseil.margueritedyouville.ca – Oil firm abandons plan to become net zero energy company as its CEO claims strategy went ‘too far, too fast’…
Why has BP pulled the plug on its green ambitions?

United Utilities boss admits water firm ‘isn’t good enough at stopping sewage dumping’

conseil.margueritedyouville.ca – Louise Beardmore, boss at England’s worst-polluting firm, tells MPs pollution rise partly down to extra monitors and wet weather…
United Utilities boss admits water firm ‘isn’t good enough at stopping sewage dumping’

BP boss says oil company went ‘too far, too fast’ in green energy transition – as it happened

conseil.margueritedyouville.ca – Murray Auchincloss says BP’s faith in green energy transition was ‘misplaced’ as it increases oil and gas investment to $10bn a year…
BP boss says oil company went ‘too far, too fast’ in green energy transition – as it happened

It’s time we asked: what is the cost not just to the budget, but to society, when the richest are helped to get richer? | Greg Jericho

conseil.margueritedyouville.ca – The question ‘how do we pay for it’ only seems to come up when the government spends money on things that help low and middle-income earners…
It’s time we asked: what is the cost not just to the budget, but to society, when the richest are helped to get richer? | Greg Jericho

Aston Martin delays first battery electric vehicle again and plans job cuts

conseil.margueritedyouville.ca – Sportscar maker says priority is plug-in hybrids, while cutting costs will reduce global workforce by 5%…
Aston Martin delays first battery electric vehicle again and plans job cuts

Woolworths’ profit slumps as cost of living drives shoppers elsewhere

conseil.margueritedyouville.ca – Grocery chain, which has also been rocked by industrial disruptions at warehouses, suffers a near 21% drop in its six-month net profit…
Woolworths’ profit slumps as cost of living drives shoppers elsewhere

UK battery firm says it has learned from others’ errors as it licenses Chinese tech

conseil.margueritedyouville.ca – Volklec aims to start making batteries at part-government-funded site near Coventry before building its own factory…
UK battery firm says it has learned from others’ errors as it licenses Chinese tech

A brutal ousting at Unilever? Not really. Boards shouldn’t be sentimental about chief executives | Nils Pratley

conseil.margueritedyouville.ca – Getting rid of Hein Schumacher may not follow the usual FTSE 100 script, but boards should be free to make clinical judgments if there’s a better option…
A brutal ousting at Unilever? Not really. Boards shouldn’t be sentimental about chief executives | Nils Pratley

‘I felt nothing but disgust’: Tesla owners vent their anger at Elon Musk

conseil.margueritedyouville.ca – The tycoon’s links with Donald Trump and Germany’s far-right AfD have slammed the brakes on sales and put the car’s owners in a spin…
‘I felt nothing but disgust’: Tesla owners vent their anger at Elon Musk
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