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November 7, 2025

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Business

China accuses Dutch of prolonging chip war that threatens to halt car factories

Beijing tells Netherlands to ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chainBusiness live – latest updatesChina has told the Netherlands to “stop interfering” in the seized chipmaker Nexperia, accusing it of p…

November 4, 2025
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Sir Alan Bates agrees multimillion-pound settlement over Post Office scandal

Government settles claim from former post office operator more than 20 years after he began his campaign for justiceBusiness live – latest updatesSir Alan Bates has agreed a multimillion-pound settlement with the government more than two decades after …

November 4, 2025
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Reeves aims to prepare voters and markets for possible budget tax rises

Speech attempts to take back narrative with talk of ‘years of economic mismanagement’, Brexit and tariffsReeves avoids ruling out tax rises as autumn budget loomsBusiness live – latest updatesThere were two audiences for Rachel Reeves’s hastily arrange…

November 4, 2025
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European Union tries to forge new climate targets before the COP30 summit in Brazil starts next week

The European Union is working to establish new climate goals before the U.N. climate talks in Brazil starts next week.

November 4, 2025
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Starbucks sells majority stake in China business amid competition from local rivals

US coffee chain Starbucks has announced it is forming a joint venture with asset management firm Boyu Capital in China, where the latter will hold a 60 percent stake in the company’s local business. China is Starbucks’ second-largest market globally a…

November 4, 2025
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China blames Netherlands for chip supply tensions amid Nexperia standoff

China’s Commerce Ministry has blamed the Netherlands for what it called “chaos” in the semiconductor supply chain.

November 4, 2025
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Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund

Carmaker’s seventh biggest single investor will vote against package at annual shareholder meetingBusiness live – latest updatesNorway’s sovereign wealth fund has said it will vote against a $1tn (£765bn) pay package for the Tesla chief executive, Elon…

November 4, 2025
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Britain’s Treasury chief prepares the ground for a tax-hiking budget

U.K. Treasury chief Rachel Reeves has signaled she will raise taxes in her budget later this month, citing a weaker economy than expected.

November 4, 2025
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BP signals more cost cuts on way after fall in profits

Oil and gas company says it will review its portfolio and push to sell off assets fasterBusiness live – latest updatesBP has said it will ramp up efforts to hive off parts of the business, as the energy company reported a drop in profits in its latest …

November 4, 2025
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Primark owner’s boss urges Reeves not to hit shoppers with budget tax rises

George Weston tells chancellor to ‘tax rich folks instead’ as ABF says it could split fashion chain from food armBusiness live – latest updatesThe boss of Primark’s parent group has urged Rachel Reeves to avoid hitting consumers with a repeat of last y…

November 4, 2025
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Recent Posts

  • Trump administration moves to loosen restrictions it once supported on a harmful pollutant November 7, 2025
  • Flight cancellation updates: impact on Sea-Tac Airport, Alaska Airlines November 7, 2025
  • Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin November 7, 2025
  • Microsoft, Meta, and sources say, Google will not publish diversity reports and data this year; Amazon, Apple, and Nvidia released diversity data this year (Paresh Dave/Wired) November 7, 2025
  • Moscow comments on EU multi-entry visa ban targeting Russians November 7, 2025
  • Iranian capital faces water rationing and evacuations if it doesn’t rain soon, president warns November 7, 2025
  • Some Nexperia chip shipments resume as Germany welcomes ‘de-escalation’ November 7, 2025

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