US Federal Reserve holds interest rates steady as inflation ticks up Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%
Nearly half of Smith & Nephew investors revolt against CEO pay rise Medical device manufacturer’s policy ultimately passed, making maximum payout for Deepak Nath $11.8m
At 3-0 to the Brilos, the boardroom pay game has changed for ever As Smith & Nephew is ‘British in listing only’ investors have been persuaded the CEO should be remunerated accordingly
UK and US manufacturing sectors shrink as new orders fall and prices rise – as it happened The UK’s manufacturing sector suffered a fresh downturn last month as disruption to shipments in the Red Sea hit firms
OnlyFans investigated over claim children accessed pornography Ofcom looks into whether website for adult performers failed to properly implement age-verification checks
Flutter shareholders vote to move listing from London to New York Paddy Power owner will make switch to its ‘natural home’ by May in further blow to London Stock Exchange
A 007 paradise – or lads holiday in Marbella? Inside Aston Martin’s lavish Miami penthouses The British brand has entered the booming market in luxury ‘car-chitecture’, opening a themed tower in Miami boasting ballroom, helipad and infinity pool – all offering millionaires a perfect view of our choking, collapsing world
Mulberry sales decline as wealthy shoppers slow spending Luxury British brand expects challenging trading conditions in UK and China to continue
Bonza administrators in global talks on grounded budget carrier that helped ‘push down air fares’ Transport minister Catherine King says it is unlikely the airline will be saved, while insiders think repossessed planes will be returned to the US
Ex-Camelot boss Nigel Railton named as new Post Office chair Interim role will include overseeing compensation payments as result of Horizon IT scandal
UK house prices fall unexpectedly for second month in a row Nationwide blames April slowdown on ‘affordability pressures’ on back of high mortgage rates
Bonza is the latest victim of Australian neoliberalism. It’s hard to see a new airline arriving any time soon The mess created by decades of economic mistakes will be hard to unscramble. But the airline industry is a good place to start
Qantas passengers’ personal details exposed as airline app logs users into wrong account Airline investigating whether privacy breach allowing customers to view others’ account details was caused by ‘recent system changes’
Dividends payments soar globally as worker pay stagnates Shareholder payouts grew 14 times faster than wages over past three years, says Oxfam report
Amazon sales soar with boost from artificial intelligence and advertising Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations