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‘Extremely disappointing’: US trade partners respond to Trump’s new tariffs

Countries question Trump administration's latest round of tariffs, which relate to forced labour claims.

Unlocking the Treasure Chest: The Financial Stakes Behind Football's Grandest Prizes

Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrelGet our breaking news email, free app or daily news podcastAustralian households face the prospect of a Reserve Bank interest rate hike and petrol prices above $2 a litre over the coming weeks, economists warn, as the escalating Middle East crisis pushes global crude back above $US100 a barrel.Financial markets now see an even chance the RBA board will deliver a fourth cash rate increase...

Volkswagen CFO says ‘too many layers, too many entities’ as carmaker doubles job-cut target

Volkswagen's second-quarter operating profit fell nearly 10% to 3.5 billion euros, missing estimates, as the carmaker scrapped its 2026 revenue growth forecast. CFO Arno Antlitz called the roughly 4% margin a wake-up call demanding a second restructuring. China sales dropped over 31% in the first half. VW is weighing up to 100,000 job cuts, with four German plants still lacking confirmed use cases beyond 2030.

Faisal Islam: The UK's Trump trade deal no longer looks world-beating

Faisal Islam: The UK's Trump trade deal no longer looks world-beatingImage source, Getty ImagesByFaisal IslamEconomics editorPublished1 minute agoIt has been a long road for President Trump as he looks for a justification to erect a tariff wall around the US, including against key allies.From the opioid crisis to illegal migration, then the need to bring manufacturing back to America's shores, the list goes on.Through Trump's second term, there has been a new justification every month for the tr...

Malibu homes survived wildfires, but owners still cut prices by up to $7m

Malibu's luxury homes are struggling to sell after recent wildfires. Buyers now prioritize safety and insurance over prime locations. Sellers are reducing prices by millions to attract cautious buyers. Rising insurance premiums and climate risks weigh heavily on the market. Malibu remains desirable, but resilience is now a key selling point.

105 million sq ft and counting: GCCs drive 37% of India's office leasing since 2022

Global capability centres are significantly reshaping India's office market. Foreign companies leased nearly 105 million sq ft of premium office space since 2022. This leasing activity represents a substantial portion of overall office transactions nationwide. India's appeal as a destination for these centres continues to grow. Future demand for office space is expected to remain strong due to GCC expansion.

New figures show costs rising for Jersey pensioners

New figures show costs rising for Jersey pensionersImage source, Getty ImagesImage caption, Statistics Jersey said the higher rate was driven in part by heating oil and other fuels increasingByJake WallaceChannel IslandsPublishedJust nowCosts for pensioners in Jersey are rising, according to latest figures.A report by Statistics Jersey, external found inflation for pensioner households had reached 4.7%, according to the latest Retail Prices Index.This is up from 3.8% in June 2025 and above the i...

BHAVYA Rasayan scheme: Cabinet approves Rs 3,030 crore for three chemical parks

The Union cabinet approved a new Rs 3,030-crore scheme for three dedicated chemical parks. This initiative aims to strengthen India's chemicals sector with world-class infrastructure. The Bharat Audyogik Vikas Yojana Rasayan scheme will be implemented over five years. The Centre will provide up to Rs 1,000 crore grant for each park. This plan seeks to boost manufacturing, attract investments, and create jobs.

Sensex down 900 points, Nifty50 ends below 23,800: Why stock market crashed today

Indian stock markets closed lower for a fifth consecutive session on Friday. Rising oil prices and Middle East tensions fueled investor caution and market pressure. Foreign institutional investors continued their selling trend, impacting market sentiment negatively. Renewed concerns over US trade tariffs also contributed to the overall market decline. Selling in heavyweight stocks like Infosys and HDFC Bank added to the day's losses.

Oil surges to $100 per barrel. And, Trump imposes a new round of tariffs

Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea. And, President Trump overnight replaced expiring tariffs with a slew of new ones.(Image credit: Kevin Dietsch)

India's fertiliser game plan: 32 lakh tonnes imported in Q1; strengthened supply chains

India imported over 32 lakh tonnes of key fertilizers during the first quarter. Domestic production of fertilizers reached 115.72 lakh tonnes in the same period. The government is diversifying import sources to mitigate supply chain risks. Long-term agreements are being finalized with overseas suppliers for fertilizer security. India is sourcing water-soluble fertilizers from multiple countries to offset shortfalls.

Tour de France 2026: stage 19 from Gap to Alpe d’Huez – live

The 127.9km mountain stage starts at 2pm CEST / 1pm BST Stage 18 report | share your thoughts with Tom via emailThis Tour’s most prestigious mountain stage finish; with a stage this short, it will be touch and go for the day’s escape to make it to the finish. That said, the opening 25km over the Cols Bayard and du Noyer are tough enough to allow a decent move to get established and then there are 60km until the Col d’Ornon, where Pogacar and Vingegaard will probably get their teams moving. If t...

Preston Bus still to decide on Burnham's £2 cap

Preston Bus still to decide on Burnham's £2 capImage source, LDRSImage caption, Preston Bus charges £3.50 for a standard adult single after leaving the national cap in January.ByPaul Faulkner, Local Democracy Reporting Service and Haider Saleem, North WestPublishedJust nowPreston Bus says it cannot confirm whether it will join a new government scheme capping single fares at £2 from January because it has not been told how operators will be reimbursed.Under the current national scheme, participat...

Citizens Bank cuts ties with ICE prison contractors after months of activist pressure

Citizens Bank is ending its financial relationships with two of the nation's largest private prison companies following months of protests over their role in operating ICE detention facilities, though the bank insists the decision was driven by changing business conditions rather than political pressure.The Rhode Island-based lender said it will wind down its lending relationships with CoreCivic and GEO Group, companies that have operated immigration detention centers under federal contracts. Ac...

اكتشف السر رقم واحد لوارن بافيت: كيف يمكنك أن تصبح مليونيراً مثل أسطورة الاستثمار!

انضم إلى وارن بافيت في رحلة استثماره المذهلة، واكتشف القاعدة الذهبية التي جعلته من أغنى رجال العالم! هل أنت مستعد لتغيير حياتك المالية إلى الأبد؟

Unlocking Warren Buffett's #1 Rule: The Simple Investment Secret That Made Him a Billionaire

Warren Buffett, the Oracle of Omaha, has amassed a staggering net worth of over $114 billion, but his path to success is anchored by a single investment principle. Discover the ultimate rule that has not only shaped his fortune but can also guide you to financial independence.

Indian-origin man says he would not move to US today on H-1B visa

Mohamed Zeeshan, an Indian-origin man who moved to the United States after being attracted to its 'values' has now said he 'wouldn't do it today' on an H-1B visa. Zeeshan, who now owns a consulting firm, said he is also seeing a rising trend of his relatives and friends looking at other options like Germany and Australia since it's become difficult to land a job and visa in the US after graduating.

Four Palestinians and one Israeli killed during West Bank settler attack

Several others seriously injured in attack that residents of Palestinian village say also involved Israeli militaryFour Palestinians and one Israeli have been killed in a shooting in the northern West Bank, health officials have said, during what residents described as a settler attack also involving the Israeli military. Several more people were seriously injured.The serious incident in the Palestinian village of Tell, near Nablus, is the deadliest attack in the West Bank this year and has the...

VW profits plunge and deep job cuts loom amid tough Chinese competition

Carmaker, which is pushing through cost-cutting programme, expects sales to fall by up to 3% this yearVolkswagen has reported a steep fall in profits and cut its revenue forecast amid a sales slump in China, as the German carmaker pushes through a brutal cost-cutting programme that includes slashing up to 100,000 jobs.The world’s second-largest maker of vehicles said it expects sales to fall by up to 3% this year, a dramatic reversal on a previous forecast for a 3% increase on last year’s €321.9...