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Bets placed on Middle East conflict has led to US firm experiencing big increase in volumePolymarket, the online prediction platform that hosts bets on events such as the Iran war, is in talks to raise $400m (£296m) at a valuation of up to $15bn.The co…
Vinegar, Tim Tams and baby rice are among the products to be scrutinised in the Australian Competition and Consumer Commission’s caseGet our breaking news email, free app or daily news podcastThe consumer watchdog is back in court and taking on Austral…
US businesses can finally start applying for tariff refunds following the US Supreme Court’s ruling earlier this year that President Donald Trump had overstepped his authority in imposing them. Also in this edition: oil prices surge again after Iran v…
Data shows 224,000 new EVs were registered in March, with Norway leading way in terms of switchingBusiness live – latest updatesSales of electric cars soared 51% in continental Europe last month, amid a rise in petrol and diesel costs driven by the Ira…
Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidenceA quarter of a million people could lose their jobs by the middle of next year as Britain “flirts with recession”, analysis suggests, afte…
FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended periodMiddle East crisis – live updatesBusiness live – latest updatesOil prices rose sharply and European stock markets fell on Monday after the US seizure of …
Reviews website features pages praising unlicensed sites’ supposed qualities as if they were legitimate businessesTrustpilot, the reviews website that offers to “find a company you can trust”, is hosting ratings of illegal casinos, raising concerns in …
Heavily indebted UK-listed gambling company says it is discussing possible offer from US group at 50p a shareBusiness live – latest updatesEvoke, the London-listed gambling company that owns William Hill and the 888 online casino brand, is in takeover …
A standoff between Iran and US has prevented tankers from using the Strait of Hormuz
As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will sayEd Miliband will double down on Labour’s commitment to net zero in the face of the Middle East conflict this week, insisting that as fossil fuel pr…