Latest Business News
Australia news live: BoM warns ‘second surge’ of wild weather to hit NSW south coast; Tony Burke says Kanye West’s visa has been cancelled
Follow the latest updates liveKhaled Sabsabi reinstated as Venice Biennale representative after independent review into dumpingGet our breaking news email, free app or daily news podcastNSW wild weather: ‘Conditions can...
Heathrow substation fire ‘caused by fault first identified seven years ago’
Ofgem opens investigation into National Grid as report finds incident that cut airport power was preventableBusiness live – latest updatesThe root cause of the substation fire that shut Heathrow airport...
Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’
The latest version of President Donald Trump's "big beautiful bill" provides larger tax credits to semiconductor manufacturers building plants in the U.S.
EU may as well be ‘province of China’ due to reliance on imports, says industrialist
Stefan Scherer, boss of AMG Lithium, says Europe must become more self-sufficient in critical raw materials and new technologiesThe EU may as well “apply to be a province of China”...
Owners of collapsed oil refinery Prax Lindsey took £11.5m in pay and dividends
Details of payouts to Winston Soosaipillai and wife Arani emerge as calls grow for couple to financially support 625-strong workforceThe married couple behind the Prax Lindsey oil refinery awarded themselves...
Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace
Chinese electric car startup Xpeng is keeping up sales momentum against its rivals amid a fierce price war in China.
Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries
Tesla shares dropped 7% from Friday's closing price of $323.63 to the $300.71 close on Tuesday ahead of the company's second-quarter deliveries report.
House Republicans subpoena Brown University and Penn in Ivy League antitrust probe
The probe was first launched in April, but the universities' responses were deemed "inadequate."
Google promotes ‘AI Mode’ on home page 'Doodle'
The company has been using its most valuable real estate to push its AI chatbot.
Figma files for IPO on NYSE, plans to 'take big swings' with acquisitions
Figma filed its IPO prospectus on Tuesday, as the design software vendor looks to raise money and awareness to take on Adobe.
Jim Cramer explains how Microsoft, Meta and Nvidia led the Mag 7 pack in the first half of 2025
CNBC's Jim Cramer pointed out that three megacap tech names managed to exit the first half of the year at all-time highs: Microsoft, Nvidia and Meta.
73 percent of investors expect market volatility to persist through 2025: Gallup
A majority of surveyed investors are expecting volatility in the stock market to persist through 2025, according to a new survey that was released on Tuesday. The new Gallup poll...