Latest Business News
Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment
Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for BritainBusiness live – latest updatesLloyds has warned that the economic fallout...
Trump administration urged to use ‘trade remedies’ to stop news bargaining incentive – as it happened
This blog is now closedGet our breaking news email, free app or daily news podcastQueensland health minister still has major concerns about Thriving KidsTim Nicholls, the Queensland health minister, said...
Anthony Albanese rules out gas export tax on existing contracts and criticises ‘populist’ campaign
Prime minister says the middle of a global fuel crisis is ‘the worst possible time to jeopardise’ Australia’s partnerships with Asian trading partnersFollow our Australia news live blog for latest...
Trump administration blocks US wind energy projects in switch to oil and gas
US representatives Jared Huffman and Jamie Raskin earlier this month called agreements outrageous and unlawfulSign up for the Breaking News US email to get newsletter alerts in your inboxThe Trump...
How the UAE’s decision to leave Opec could recast the Middle East
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the regionThe United Arab Emirates’ decision to walk out of Opec is a political as...
Fears of resurgence in Somali piracy after three vessels hijacked in a week
Pirates appear to be taking advantage of international naval strength being diverted to Middle EastThree vessels have been hijacked off the coast of Somalia in the past week, raising fears...
UAE quits Opec in win for Trump as oil cartel weakened
US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil pricesThe United Arab Emirates has quit the Opec oil cartel after 60 years of...
HSBC ‘reviewing’ private school perk for bankers in Hong Kong
Hundreds of senior staff in territory benefit from nearly £30,000-a-year grant per child not available to staff in group’s other hubsHSBC is reportedly reviewing a perk that covers school fees...