Trump-Putin talks likely ‘in coming days’ but Kremlin aide plays down three-way summit with Zelenskyy – Europe live Yuri Ushakov says ‘concrete preparations’ underway for Russia-US meeting but prospect of three-way talks have not been discussed
JD Vance visits Indiana to discuss redistricting amid Trump pressure on GOP states – US politics live Protests set to greet vice-president on visit after governor said redistricting ‘looks like it’s going to happen across many Republican states’
Workplace gender segregation ‘a handbrake’ on Australia’s economy, major new pay gap report reveals Jobs and Skills Australia’s deputy commissioner says upcoming economic reform roundtable must tackle economic inequality facing women
US tariff rate now ‘highest since 1930s’ as new Trump levies kick in; Bank of England rate cut expected – business live Rolling coverage of the latest economic and financial news
Toyota warns of £7.1bn hit from Trump tariffs as it cuts profit forecast Japanese carmaker cuts operating profit guidance by 16% day after rival Honda reported 50% drop in profits
Bank of England poised to cut interest rates Quarter-point reduction expected, with City investors predicting a three-way split among rate setters
Dozens more countries face higher levies on exports to US as new Trump tariffs come into effect Donald Trump’s latest wave of ‘reciprocal’ rates were in place as of a minute past midnight Washington time on Thursday
The full list of Trump’s new tariffs – from India to Taiwan The US president’s ‘reciprocal’ tariffs on dozens of countries came into effect at a minute past midnight Washington time on Thursday
United Airlines says issue that forced grounding of hundreds of US flights resolved Ground stops were issued nationwide including at hubs in Chicago, Denver, Houston, Newark and San Francisco
Trump plans 100% tariffs on chips but spares companies ‘building in US’ President’s plan expected to increase cost of electronics and household goods but US-produced chips to be exempt
The Guardian view on the London Stock Exchange: its struggles are symptoms of a broken growth model Editorial: The chancellor and the CBI have plans for reviving the institution. Neither will tackle Britain’s pitifully low levels of business investment
Starmer declines to rule out election pledge-breaking tax rises in budget after claim Treasury must fill £40bn deficit – as it happened Prime minister defends government’s handling of economy but will not give assurances over not raising income tax, employee NI or VAT
Shares in European drug companies hit four-month low as Trump tariffs loom President repeats threat to bring in levies ‘within next week or so’ in attempt to get companies to move production to US
OpenAI in talks on share sale that would price it above Elon Musk’s SpaceX If the transaction goes ahead the value of the ChatGPT developer would rise by about two-thirds to $500bn
HMRC files winding-up petition against Sanjeev Gupta’s Liberty Steel pipes business Hartlepool company says it has settled all payments but court filing is sign of pressure on tycoon’s empire