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UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery | Competition and Markets Authority

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The UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media...
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OpenAI confidentially files for initial public offering on US stock market | OpenAI

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OpenAI has filed confidentially to go public on the US stock market, according to a company blogpost published on Monday. The artificial intelligence giant’s...
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Oil price falls back and Wall Street rallies after Iran announces ‘end of military operations’ against Israel – business live | Business

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Oil falling back and markets recovering after Iran announces 'end of military operations' against IsraelA sense of calm is returning to markets, as news...
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Business

Billions spent and hypothetical returns: the AI boom explained with six charts | AI (artificial intelligence)

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1. AI has sent stocks soaringThe S&P 500, which tracks the 500 biggest US companies, has been on a tear over the past five...
Business

‘Immediate national priority’: ministers accused of complacency over UK food supply | Food & drink industry

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Ministers have been accused of being complacent about the risks to vital supplies of food into the UK amid concerns over fuel shortages, cyber...
Business

UK urged not to further weaken EV rules as CO2 impact revealed | Automotive industry

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Campaigners have urged the government to resist calls to further water down electric car sale rules, as an analysis reveals that vehicles on UK...
Business

US added 172,000 jobs in May as labor market shows signs of resilience | US economy

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US employers added 172,000 jobs in May while the country’s unemployment rate held steady at 4.3%, a sign of a resilient labor market despite...
Business

No jet fuel shortage in Europe, transport chief says; UK house prices dip again – business live | Business

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Introduction: EU sees no jet fuel shortage amid price surge, transport chief saysGood morning, and welcome to our rolling coverage of business, the financial markets...
Business

SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire | SpaceX

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Elon Musk’s SpaceX is looking to raise $75bn (£55bn) from its blockbuster stock market listing next week as the rocket company aims for the...
Business

Nissan maps out deal to build cars for China’s Chery at its Sunderland plant | Nissan

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Nissan has agreed to look at building cars in northern England for Chinese manufacturer Chery, in a move that would secure jobs at the...
Business

Lloyds, Halifax and Bank of Scotland apologise as users report app and online banking outage – business live | Business

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Lloyds, Halifax and Bank of Scotland customers hit by app outageLloyds Banking Group has apologised to its customers after reports of an outage of...
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