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
UK construction activity shrinks by most in five years; Trump imposes extra 25% tariff on India – as it happened Britain’s building sector records biggest drop in activity since early in Covid-19 pandemic
Trump threatens 50% tariffs on India over ties to Russia and Brics bloc White House move follows India’s oil purchases from Russia and comes amid broader Trump push for trade ‘reciprocity’
Donald Trump’s war on statistics is an authoritarian attack on democracy and countries like Australia should call it out Reality might be hanging on to the political debate for dear life, but this move threatens to fling it off the cliff
Qantas has devalued its frequent flyer points. What should you do now? Experts estimate a 20% average increase in the number of points needed to book flights. Here are their tips to get good value
World awaits Trump’s next move as Russia ceasefire deadline approaches US president has been unusually reticent about plans to punish Russia if it does not agree to end Ukraine war
Claire’s files for US bankruptcy for second time in seven years Tween jewellery retailer is hit by a slowdown in consumer spending and the switch to online shopping
China’s industrial policy is creating instability at home and abroad Overcapacity – from electric vehicles to high-speed rail to housing – is destroying profits as well as GDP
UK construction activity in July falls at steepest rate since Covid Collapse in housebuilding underscores challenge for government in meeting its target of building 1.5m new homes