Business

Latest stories in this section, ordered by the original publication time from each source.

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Forget the AI job apocalypse. AI’s real threat is worker control and surveillance

A new divide is emerging: between workers who use AI at work and those who are managed by itThe real danger that artificial intelligence poses to work is not just job loss – it is the growing divide between people who use AI to extend their skills and those whose working lives are increasingly shape...

DAWN

India shares, rupee fall on Modi's call for austerity, crude price spike

Indian shares fell on Monday and the rupee declined after Prime Minister Narendra Modi urged a spate of measures, including fuel conservation, fewer imports and gold purchases, as surging energy prices pressure foreign exchange reserves. India, the world’s third-biggest oil importer and consumer, la...

NYT

How Prepared Are We for A.I. Layoffs?

Our chief economics correspondent, Ben Casselman, describes how A.I.-related layoffs are testing the resilience of the government’s safety net programs.

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Thinktank calls for ‘double lock’ England private rent cap to ease living costs

Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growthOne of the thinktanks closest to the Labour government is urging ministers to introduce private sector rent controls in England, as the chancellor weighs up how to ease a surge in living costs cau...

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I don’t want to sound like a tub-thumping zealot … but it’s time to ban ads for gambling | Emma Beddington

I’ve had it up to here with Danny Dyer’s commercials for Paddy Power. The UK needs to take a tip from Amsterdam and rein in its advertisersAmsterdam’s new ban on public advertisements for meat and fossil fuel products makes me wonder whether we should be more ban-happy with ads in the UK. There are ...

SKY

British Steel to be nationalised, says Starmer

Keir Starmer has announced government plans to nationalise British Steel.

SKY

British Steel to be nationalised 'to make Britain stronger' says Starmer

Keir Starmer has announced government plans to nationalise British Steel.

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Can you move your pension to dodge inheritance tax? Fraudsters say so

Criminals exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings potsThe caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (I...

NYT

As Trump Heads to Beijing, China Is ‘Locked and Loaded’ for a Fight

Beijing is signaling that it is ready for a trade showdown, and it is building up a legal arsenal in preparation.

NYT

Spirit Was the Only Airline in Town. Now What?

Spirit’s presence was a point of pride in Latrobe, Pa., where the security lines were short and airport parking is free. Residents are mourning the loss.

NYT

As Visa Policies Tighten, International Students Find Tougher Job Market

Students say they have been passed over for jobs and interviews because of visa restrictions. Some have a Plan B: leaving the United States.

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Oil prices climb after Trump dismisses Iran’s response to peace plan

Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’Oil prices have climbed after Donald Trump condemned Iran’s response to US proposals to end the war as “totally unacceptable”.The president’s rejection of Tehran’s overture in a post on his Truth Social platform tr...

DAWN

IT exports expected to reach $4bn during current fiscal year, PM told

Prime Minister Shehbaz Sharif was told on Monday that Pakistan’s information technology exports were expected to reach $4.5 billion to $4.6bn, according to the Prime Minister’s Office (PMO). The development came as the premier chaired meeting to review the affairs of the Ministry of Information Tech...

DAWN

Govt reduces tariffs at Gwadar Port in bid to boost global traffic

Federal Minister for Maritime Affairs Junaid Anwar Chaudhry on Monday announced a major reduction in tariffs at Gwadar Port aimed at boosting global transit traffic, according to an official statement. According to the statement, the minister said that berthing fees for container ships have been red...

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US Senate expected to confirm Kevin Warsh as next Federal Reserve chair

Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bankSign up for the Breaking News US newsletter email The US Senate is expected to confirm Kevin Warsh this week as chair of the Federal Reserve, as Donald Trump continues his campaign to inf...

SKY

'I'm a literary agent - here's what makes me sign a writer instantly and what most authors actually earn'

If you've ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each week, we speak to someone from a different profession to discover what it's really like. Today we speak to literary agent Maddalena Cavaciuti, from David Higham Associates (DHA...

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Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout

Airport reports 5% decline but transit passenger business rises as fliers use hub to avoid Middle East airportsBusiness live – news updatesThe number of passengers flying from London Heathrow fell last month, as war in the Middle East weighed on demand for international travel.About 6.7 million peop...

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Get back: Beatles’ Apple Corps to turn former London base into seven-storey visitor attraction

Paul McCartney hails plans for 3 Savile Row, which include access to rooftop where the band played their final gig The address may not sound familiar, and the street name is best known as the heart of British tailoring. But 3 Savile Row is one of the most iconic buildings in British pop and rock: th...

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I was fined £500 for putting a cigarette butt in a refuse sack

Haringey council’s penalty seems extortionate – especially when other authorities charge lower amountsI read your story about a man fined £500 for dropping a cigarette butt on the pavement.I have been issued with a £500 fixed-penalty notice (FPN) by Haringey council for putting a butt in a refuse sa...

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UK savings: six traps to avoid when you’re finding a new deal

If you are looking for a new account, there are some good rates around, but also pitfalls to watch out forEarning as much as 7% on your savings sounds great – but what’s the catch? The top-paying accounts often come with strings attached, which could mean your money is not working as hard as you tho...

BBC

Haggling prices and chasing debts - tradespeople hit with cost of living headache

More than half of tradespeople have seen an increase of late payments compared to a year ago, a survey finds.

BBC

Council confirms £300 heating oil support

"Residents should not be left behind simply because they are off the gas grid," council leader says.

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Delayed Great British Railways’ first station to open at Cambridge South in June

Station will be first to be given full GBR branding and will directly link city’s Biomedical Campus to London, Brighton and Stansted airportThe delayed Cambridge South station will finally open in late June – and become the first station to be given full Great British Railways branding, the governme...

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Fraud risk as World Cup frenzy begins, fans warned

Football fans are being urged to be alert to fraud ahead of the World Cup, with victims of ticket scams losing £215 on average.