Chinese economy grows at a 5.2% annual pace in April-June quarter despite trade war
China has reported that its economy slowed in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace.
Business
Card payment surcharges should be banned for debit and credit payments, RBA says
Surcharges on Eftpos, Mastercard and Visa card payments would be eliminated from July 2026 under proposal from Reserve BankFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastCard payment sur…
Reeves to say cuts to City red tape will bring trickle-down benefits to households
Chancellor to announce raft of deregulation changes as City regulators move to pare back transparency rulesRachel Reeves will claim that cutting red tape for City firms will have trickle-down benefits for households across Britain, as she tries to drum…
Hot weather lifts UK spending as fans and sports gear add to sales
Retail body says sales up by 3.1% year on year in June after drop in May, but Barclays finds shoppers are cautiousRetail sales in the UK recovered in June as hot weather drove spending on electric fans, sports and leisure equipment, but households rema…
Buyers of new EVs under £37,000 can get discount under UK scheme
Grant offering up to 10% off may benefit some cheaper Chinese models but leave Tesla fans paying full priceBuyers of new electric cars priced at less than £37,000 will be able to get a discount of up to 10% under a new UK government scheme, a move that…
Australia news live: Victoria police add four more childcare centres to accused paedophile’s work history
Follow today’s news liveGet our breaking news email, free app or daily news podcastAlbanese set to meet with Chinese counterparts in Beijing todayPolitical differences will bump up against economic opportunities as Anthony Albanese meets his Chinese co…
Post Office could hand ownership to staff amid review after Horizon scandal
Ministers to consider mutualisation as an option in first big review of the organisation in 15 yearsBusiness live – latest updatesMinisters are to consider handing over ownership of the Post Office to its operators after the Horizon IT scandal.The Depa…
Which workers will AI hurt most: The young or the experienced?
Amid layoffs at Microsoft and other large tech companies, experts are debating whose jobs are most likely to be spared.
Seattle businesses unwrap a chocolate problem: cocoa prices
Rising cocoa prices are squeezing Seattle’s chocolate makers, forcing them to swallow higher costs or pass it along to customers.
Kenvue CEO Mongon stepping down as company continues with strategic review
Kenvue says that Thibaut Mongon is stepping down as its CEO as the maker of Listerine and Band-Aid brands continues with a strategic review of the company.