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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

Rising costs push John Lewis Partnership into deeper loss; London tube strike enters fourth day – business live | John Lewis

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Introduction: Losses widen at John Lewis amid rising costsGood morning, and welcome to our rolling coverage of business, the financial markets and the world...
Business

Larry Ellison overtakes Elon Musk as world’s richest person | Oracle

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The US tech billionaire Larry Ellison has overtaken Elon Musk as the world’s richest person after shares in Oracle, the business he co-founded, rocketed...
Business

Wegovy maker Novo Nordisk to cut 9,000 jobs amid increased competition | Pharmaceuticals industry

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The Danish maker of the weight-loss and diabetes drugs Wegovy and Ozempic is to cut 9,000 jobs as it slashed its profit forecast again,...
Business

CBI boss calls for Reeves to tear up Labour’s pledge not to raise tax | Confederation of British Industry (CBI)

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The boss of the Confederation of British Industry has suggested the chancellor should tear up Labour’s manifesto pledge not to raise taxes on working...
Business

Revealed: how Boris Johnson traded PM contacts for global business deals | Boris Johnson

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A trove of leaked data from Boris Johnson’s private office reveals how the former prime minister has been profiting from contacts and influence he...
Business

UK banks face lawsuits over mortgages that left people with huge debts | Banking

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Two of Britain’s biggest banks face being sued over “unfair” mortgages that have left some people owing up to 20 times the sum they...
Business

US tariff tensions hit Chinese export growth, slowest in six months; oil prices climb – business live | Business

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Key eventsShow key events onlyPlease turn on JavaScript to use this featureCommuter misery: Tube strikes and website issuesCommuter misery deepened this morning as the...
Business

UK’s new business secretary Peter Kyle to visit Beijing in first week | Trade policy

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The UK’s new business secretary, Peter Kyle, will fly to Beijing this week as part of Keir Starmer’s continuing efforts to revitalise the UK’s...
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