Stock markets rise in Asia after Trump tariffs blocked by US court – business live Trump’s tariffs blocked by a federal court in New York
Baby formula prices at historic high despite UK watchdog proposals Big brands retaining high prices and government yet to publish response to CMA investigation into infant milk
Drivers’ tolls could triple at planned Lower Thames Crossing, say campaigners Road tunnel between Essex and Kent needs to charge £8.10 for cars and £14 for lorries to cover costs, analysis shows
Selling a house in Australia is expensive. The ACCC is investigating one reason why News Corp’s REA Group, behind real estate listings site realestate.com.au, is being investigated by the consumer watchdog amid complaints over its market dominance
Starmer to say Reform’s spending plans would cause a Truss-style meltdown Nigel Farage is ‘using your family finances as a gambling chip on his mad experiment’, prime minister will say
Nvidia beats Wall Street expectations even as Trump tamps down China sales Chip-manufacturing company, widely seen as bellwether for AI business, reports $44.1bn in revenue for quarter
Musk is pivoting from DC and Doge’s failures – and wants investors to know The billionaire mogul is signaling far and wide that he’s back to business, and even criticizing Trump’s tax bill
Trump confirms he’ll be negotiating his signature tax bill after Musk criticism Tesla boss says US president’s One Beautiful Bill Act ‘undermines’ his Doge cost-cutting efforts
The super tax debate is divorced from reality – and more proof that Australia’s tax system is built for the rich The proposal will affect only 0.5% of people with superannuation and yet you would think the government is about to seize the means of production
Heathrow boss sorry for sleeping through outage with phone on silent Thomas Woldbye missed emergency notifications and phone calls after nearby fire led to airport being shut down
Heathrow ‘responded well’ to power outage, review finds; Ofwat fines Thames Water £123m – as it happened ‘The evidence confirms that Heathrow made the right decisions in exceptionally difficult circumstances,’ Ruth Kelly finds
Starling’s profits drop 25% as bank takes blame for Covid loan losses Our own weak controls led to £28m of losses through government’s bounce back loans, says chief executive
Why a new zero-carbon UK steel plant offers hope and a headache Plans to build costly DRI plant in Britain to make green steel is seen by some as the future and others as a ‘white elephant’
Shein turns to Hong Kong for flotation as London attempt stalls, reports say Fast-fashion retailer struggling to gain go-ahead from Chinese regulators for UK listing
Thousands of Britons to receive compensation for prepayment meter force-fittings There will also be debt write-offs on energy bills after Ofgem found eight suppliers fell short of its standards