Anglo American rejects BHP’s £31.1bn proposal; Darktrace accepts takeover offer – business live Rolling coverage of the latest economic and financial news, as FTSE 100 hits another record high as Anglo rebuffs BHP’s approach
Why Elon Musk is right – once-booming electric car sales are starting to stall EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary
Barclays accused of greenwashing over financing for Italian oil company Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production
GMB launches legal action against ‘out of control’ Amazon at Coventry warehouse Employment tribunal sought over claims firm tried to induce workers to leave union in long-running row
UK consumers feeling more confident about finances, says NatWest boss For first time since August 2021 people expect position to be better in a year, Paul Thwaite adds
More gigs postponed amid opening week chaos at Manchester Co-op Live arena General manager resigns after test event problems at 23,500-capacity venue, with shows rescheduled
Barclaycard change could mean much higher interest for some customers Credit card holders who make minimum repayments warned they could be in debt for years longer
UK policy denying visas to children of care workers faces legal challenge Exclusive: Action by organisation supporting migrants argues new rules are discriminatory
Poverty experts tell Labor jobseeker payments should be lifted to 90% of age pension The Economic Inclusion Advisory Committee warn that unemployment benefits are still too low
Microsoft’s heavy bet on AI pays off as it beats expectations in latest quarter World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligence
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil
British railways under Tories are symbol of national decline, says Labour Party plans to nationalise network and ‘unlock the trapped potential’ of rail to drive economic growth across the country
Student protesters are demanding universities divest from Israel. What does that mean? Pro-Palestinian demonstrators are calling on universities to sell investments in companies they say are complicit in war in Gaza
What is Labour’s plan for rail travel and will it make tickets cheaper? Party wants to fully nationalise train network within five years of coming to power, in ‘biggest rail reform for a generation’
BHP’s takeover bid for Anglo American is clever but far too low Shareholders in the mining firm are unimpressed by the offer as it stands but what happens next could be interesting