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How Middle Eastern oil producers flipped the script on Iran

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Canada vows to match Trump’s 50% tariffs after trade deal talks fail | Canada

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Canadian prime minister Mark Carney has promised to match US tariffs “dollar for dollar”, after the two sides failed to agree a trade deal...
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Retail sales in Great Britain fall despite heatwave increasing food and drink demand | Retail industry

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Retail sales across Great Britain weakened last month despite the men’s football World Cup and record temperatures boosting the demand for food and drink.The...
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Business

Ministers’ claims to have helped JLR in doubt as £1.5bn support left untouched | Jaguar Land Rover

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Jaguar Land Rover has not drawn down any of a £1.5bn loan facility guaranteed by the government, with suppliers expressing anger over ministers’ claims...
Business

Nexperia halts chip supplies to China in threat to global car production | Automotive industry

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Nexperia, the EU-based automotive chipmaker at the centre of a geopolitical dispute, has suspended supplies to its Chinese factory, stepping up a trade war...
Business

Two million energy customers are due £240m from old accounts, says Ofgem | Ofgem

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Almost 2 million energy bill payers could be owed a share of £240m from old accounts that were closed while still in credit, according...
Business

Agreement between Trump and Xi turns back the clock

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Business

Virgin Trains on track to challenge Eurostar cross-Channel monopoly with access to key depot | Rail industry

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Richard Branson’s train company is a step closer to challenging Eurostar’s monopoly on transporting passengers across the Channel after the UK rail regulator approved...
Business

Trump no-show at big Asia economic forum after meeting with Chinese leader

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Business

Trump-Xi meeting: US president says rare earths deal and tariff reduction agreed in crunch trade talks | Donald Trump

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Donald Trump has described crucial trade talks with the Chinese president, Xi Jinping, in South Korea as “amazing”, saying their dispute over the supply...
Business

Senate voting on effort to block Trump’s tariffs on Canadian imports

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