Rubio in bind as he seeks to reassure Asia, even as region faces punishing Trump tariffs Questions over US commitment to the region coupled with Trump’s tariff polices could be a boon to China
Welcome to Prime Day, when thousands of product thumbnails blur together to form a giant pile of garbage I love a sale – but scrolling the list of Amazon’s deals is overwhelming to the point of delirium
Government inheriting poor value assets due to bad handling of PFI contracts, watchdog says Public accounts committee warns UK infrastructure risked becoming ‘stony ground’ for investors without major overhaul
Trump v Lula: what to know about the tariffs spat between the US and Brazil Brazilian president threatened a 50% tariff on US goods in retaliation for Trump’s levy on the Latin American country
Lula threatens 50% tariff on US goods in retaliation for Trump levy on Brazil Brazilian president says ‘if he charges us 50%, we’ll charge him 50%’ after Trump cited trial of Bolsonaro to justify tariff
Zonal pricing is dead. Now Miliband should be less absolutist on his 2030 goals The imperative ought to be to bear down on costs for consumers, starting with a more pragmatic approach to generation targets
Photo agencies to boycott Oasis tour over rights restrictions Exclusive: Move comes after band’s management says rights to concert images will last for only one year
FTSE 100 hits record high as investors shrug off trade war concerns Trader confidence that Trump will not act on tariff threat sends London Stock Exchange index to 8,979 points
FTSE 100 share index hits record high; four people arrested over UK cyber-attacks – as it happened Rolling coverage of the latest economic and financial news, as shares in London end the day at a new closing high
South West Water allowed to invest £24m rather than pay £19m fine Campaigners say Ofwat ‘subservient to industry and its rampaging pursuit of profit’ after illegal sewage discharges
Scottish households urged to cut water use as climate crisis limits supplies Scottish Water boss says average Scot uses 40% more water than people in Yorkshire partly due to mistaken belief water is abundant in Scotland
ITV and Disney to share shows such as The Bear and Love Island in UK ITVX and Disney+ will offer selected programmes at no extra cost in ‘mutually beneficial alliance’
WPP names senior Microsoft boss Cindy Rose as new CEO Tech sector boss chosen to help develop AI and digital offerings and rebuild battered share price
Is there anything more British than an underwhelming boast on a sign? In this era of relentless, irony-free, fact-free braggadocio, I can’t get enough of amusingly bashful self-promotion, writes Adrian Chiles
UK government abandons energy ‘zonal pricing’ plan Proposal to vary electricity charges in England, Wales and Scotland based on supply and demand dropped in favour of ‘fair and affordable’ single price