Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – business live Rolling coverage of the latest economic and financial news
Britain’s biggest biofuel plant could close over impact of UK-US trade deal ABF threatens to shut Vivergo site in Hull in September amid warnings bioethanol industry could collapse
Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumours Shell doubles down on denials after media reports of early talks with rival BP to create £200bn UK oil company
Meta wins AI copyright lawsuit as US judge rules against authors Writers accused Facebook owner of breach over using books without permission to train its AI system
Shipping is one of the world’s dirtiest industries – could this invention finally clean up cargo fleets? Freighters emit more greenhouse gases than jets, but a tech startup believes a simple and effective technique can help the industry change course
MPs urge Amazon and eBay to tighten controls on ebike and charger sales Online marketplaces this week found to be selling items that can exceed legal power or speed limits
The world wants China’s rare earth elements – what is life like in the city that produces them? More than 80% of China’s rare earth reserves are located in Baotou, an industrial hub of 2.7 million people that abuts the Gobi desert
Billionaires’ wealth surged $6.5tn over past decade, Oxfam reports Real-terms gains of $33.9tn for world’s richest 1% ‘enough to end annual global poverty 22 times over’, charity says
Chinese exports to UK rise as firms seek to avoid US tariffs Data shows 16.1% jump as Bank of England suggests influx of cheaper goods could bear down on inflation
Post-Brexit Britain ‘too focused’ on major trade deals, ministers say New strategy to focus on ‘more agile’ modest agreements, as opposed to wide-ranging deals
Anthropic did not breach copyright when training AI on books without permission, court rules Judge says firm made ‘fair use’ of literature but storage of pirated books in central library constituted infringement
Shell denies it is in talks to buy BP after reports of potential £60bn takeover Spokesperson says report that it is considering bid for struggling rival is ‘further market speculation’
It’s also a ‘new era’ for share prices in the defence sector Nato’s spending splurge has made Babcock hot – a sign fundamental change in dull income defence stocks is happening
British Business Bank back in the spotlight with £10bn UK growth mandate Louis Taylor, CEO of state-owned lender, targets investment in eight key UK sectors as he prepares defence at Covid inquiry
Eurostar services restored after severe delays due to huge cable theft in France Engineers repair high-speed line after day of chaos for passengers, caused by 600m of cable being stolen or cut