EU agrees better energy efficiency Green Deal rules
European Union member countries and negotiators from the EU Parliament have agreed on a provisional deal aimed at reducing energy consumption across the 27-nation bloc.
Business
Doubling of BP boss pay is a ‘kick in the teeth’, say campaigners
Bernard Looney’s £10m pay package follows annual profits of £23bn linked to soaring gas prices sparked by Russia-Ukraine warA payout for the boss of BP has been labelled a “kick in the teeth” for consumers battling the cost of living crisis, as chief e…
UK economy rebounds as Jeremy Hunt finalises budget
January GDP growth of 0.3% bigger than expected, driven by education, health and recreation sectorsAnalysis: Economic growth of sorts, but UK plc is going nowhereBusiness live updates: UK economy returns to growthThe UK economy rebounded more than expe…
American Airlines promises raises for pilots, matching Delta
American Airlines is promising significant pay raises to pilots to match a recent deal at rival Delta Air Lines.
Split verdict for ex-Fox execs in soccer rights bribe case
A former Fox executive has been convicted of paying tens of millions of dollars in bribes to nab broadcasting rights to the World Cup and other top soccer matches.
Corporate borrowers squeezed by rising rates
Companies that piled on debt throughout the pandemic and the economic recovery could be in for a tough road ahead as the bills come due.
Queensland mother whose son took his life calls for change at robodebt royal commission – As it happened
Inquiry into the unlawful scheme, which ran from 2015 to 2019, is ongoing. This blog is now closedGet our morning and afternoon news emails, free app or daily news podcastFinal robodebt hearing shines light on people affectedA Centrelink employee and a…
Deloitte CEO in thinly veiled criticism of EY after rival’s split plans thrown into chaos
Joe Ucuzoglu posts 20-minute video to Deloitte’s public websiteDeloitte’s chief executive has launched a thinly veiled criticism of rival EY after its controversial plans to split the business into two were thrown into turmoil.EY initially announced pl…
Ex-Goldman banker given 10 years in prison for role in 1MDB fraud scandal
Roger Ng, 50, found guilty by Brooklyn jury in massive embezzlement linked to Malaysian state investment fundRoger Ng, the former Goldman Sachs banker at the center of the multi-billion 1MDB embezzlement scandal, was sentenced to 10 years in prison on …
John Paul abuse claims trigger angry reaction from Poland
The fallout over an explosive Polish television report alleging that St. John Paul II covered up clergy sex abuses cases is escalating.