Amazon fails to quiet tariffs concerns as it offers worse-than-expected financial outlook Tech giant reported generally positive revenue numbers, but may not meet expectations on its operating income
Apple quietens Wall Street’s fears of China struggles and slow AI progress Tech giant sees double-digit revenue rise, with huge gains in iPhone sales, despite stock-price drop and looming tariffs
Trump threatens drug giants with crackdown over prices US president tells pharma firms to match lowest global prices or face crackdown, citing burden on US families
Trump extends deadline for tariff deal with Mexico by another 90 days Move fuels speculation US president may also announce pauses for dozens of countries facing punitive levies from Friday
Rolls-Royce hits turbo speed. Now keep going for a decade After years of false dawns, the company is churning out heaps of cash – the real measure of success in its business
The Guardian view on Trump’s tariffs: both a political and an economic threat Editorial: The August deadline has come, but the dangers to international relations and to world trade are both as real as ever
Trump’s tariffs face skepticism in court hours before latest round is set to kick in Federal appeals court mulls whether US president exceeded authority in imposing ‘reciprocal’ tariffs on trading partners
Canada braces as tariff deadline looms and talks with US ‘chaos machine’ drag Ottawa is still trying to find a trade deal with Washington to avoid heavy tariffs as 1 August deadline approaches
Air traffic control failure an isolated incident, says UK minister after meeting Nats blames ‘radar-related issue’ for disruption during which hundreds of flights were cancelled or delayed
Pound on track for worst month in almost two years; ‘no evidence of malign activity’ behind UK airport disruption – as it happened Live, rolling coverage of business, economics and financial markets as minister Heidi Alexander says problem was ‘isolated event’ after meeting under-fire head of Nats air traffic controller
‘Shame on them’: Standard Chartered CEO decries banks that drop climate pledges Bill Winters criticises those that have rowed back on green commitments or have gone quiet amid political pressure
Rail fares in Britain rise by inflation-busting 5.1% in a year Campaigners say passengers are being priced out, with advance fares in south-east up by almost 10%
Productivity Commission proposes biggest company tax rate cut in 40 years A 20% cut for small and medium businesses put forward as part of commission’s report on how to create more dynamic and resilient economy
Next gets sales lift from sunny weather and M&S disruption Retailer raises forecast for second half of the year after full-price sales soar by 10.5% as winning streak continues
Rolls-Royce profits soar 50% on strong demand for jet engines Shares hit record high on news that underlying operating profits climbed to £1.7bn in first half of 2025