Business
Latest stories in this section, ordered by the original publication time from each source.
Major train operator to be renationalised in months
GWR, which runs trains between London and South Wales, will come under government control.
Iran Says It Seized Oil Tanker Listed by U.S. as Sanctions Violator
A maritime tracking company said the move was likely performative, given the Chinese-owned ship has an “established history within the Iranian trade ecosystem.”
US stocks climb to all-time highs
Tech heavyweights Nvidia and Apple rose 2.3% and 1.8%, respectively
Investors book gains amid US-Iran tensions
Heavyweight stocks drag KSE-100 down by 1,778 points on Strait of Hormuz conflict
Pakistan world's largest illegal cigarette market
Tax shocks, weak enforcement, price gaps cause Rs350b annual tax revenue loss
Is ‘tax the rich’ really hate speech? Won’t someone think of the billionaires? | Fiona Katauskas
The top 1% have it hard, tooSee more of Fiona Katauskas’s cartoons here Continue reading...
US jet fuel could be used in Europe to ease possible shortages
An international air body suggests wider acceptance of US-grade jet fuel could help to head off any supply problems.
Meta’s Embrace of A.I. Is Making Its Employees Miserable
As it adapts to the artificial intelligence era, the company is pushing many of its 78,000 workers to use the technology, and preparing to lay some of them off.
Federal Reserve Turns Focus to Inflation as Job Market Stabilizes
April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
You May Be Owed a Tax Refund From the Covid Era
A court ruling found that the I.R.S. shouldn’t have charged penalties and interest during the pandemic. But the government may appeal the decision.
Housing market 'fragile due to global unrest'
Jersey estate agents say there is uncertainty in the market due to the impact of the conflict in the Middle East.
California’s 'abusive relationship' with one-party rule is crushing families, ‘coming for you,’ critics warn
Behind a "blue curtain," local leaders call for suspending California's gas tax as residents face some of the nation's highest fuel prices under one-party Democratic rule.
Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.
Elon Musk’s SpaceX Plans $55 Billion Investment to Make A.I. Chips
The rocket company’s new semiconductor factory, called Terafab, is part of the billionaire’s increasing efforts to dominate artificial intelligence.
US economy added 115,000 jobs in April, beating expectations
The U.S. economy added jobs at a modest pace last month according to the Labor Department's April 2026 jobs report that was released on Friday.
South East Water boss quits after supply failures
David Hinton faced criticism after outages affected tens of thousands of people in Kent and Sussex.
With fuel costs soaring, Trump insists the economy is strong.
White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran.
Key parking fine rules clarified by appeals body - with operators increasingly giving up cases
A record number of private parking fines were successfully appealed to the industry body last year, the Money blog can reveal.
‘Fired From Retirement’: Financially Insecure, Older Americans Return to the Grind
People return to work for many reasons, but the biggest is financial need. As costs remain high, more retirees could be looking to re-enter the job market.
Nintendo to hike price of gaming console Switch 2, warns on profits amid soaring memory chip prices
Japanese gaming giant Nintendo said on Friday that it will hike the price of its Switch 2 gaming console as memory chip costs soar, warning that net profit would fall 27 per cent this year. Sony — whose PlayStation5 has already risen in price — was more upbeat, projecting a 13pc rise in income but s...
Oil prices rise after US and Iran exchange fire in Hormuz strait
US President Donald Trump says the ceasefire between Washington and Tehran is still in place.
The companies making billions from the Iran war
Through surging profits or soaring share prices, the war has been a boon for some firms.
South East Water boss quits a week after chairman
The boss of South East Water (SEW) has quit just a week after its chairman following demands by MPs for a change of leadership at the struggling utility firm.
UK house price growth halved as Iran war fallout hits housing market
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth owin...