Oil and gas prices fall sharply, driven by hopes of strait of Hormuz reopening – as it happened
Iran’s Islamic Revolutionary Guard Corps navy has announced the strait of Hormuz could reopen following the end of ‘threats from aggressors’
Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk
Modella Capital, which rebranded shops as TG Jones, unveils radical restructuring plan, including rent holidays
Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows
Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costs
JD Wetherspoon issues third profit warning this year as costs climb
Chair Tim Martin says pub chain could miss expectations, in latest sign UK hospitality sector buckling under higher bills
Cut borrowing costs for poorer countries to free up $900bn for development – report
G77 nations spend $8tn a year servicing debts, but analysis shows how comprehensive relief could benefit social spending
Nine dollars for a Starbucks is an ‘affordable luxury’? CEOs need to wake up and smell the coffee
The head honcho thinks splurging nearly $10 on a beverage during a cost-of-living crisis is fine for a ‘special experience’. It’s time to offer my own valuable advice, writes Arwa Mahdawi
UK regulator launches review of ‘aggressive’ claims management firms amid compensation concerns
FCA focuses on marketing, misleading ads, unfair exit fees and people being signed up without their permission
Ryanair boss calls for ban on early-morning airport drinks as bad behaviour rises
Michael O’Leary says his airline has to divert one flight a day on average because of disruption from passengers
‘Our competitors are everyone’: Joybuy leads ‘China’s Amazon’ into the UK
Taking on its US rival in Britain is expected to lead to ‘collateral damage’ for UK retailers
‘RAMageddon’: is the era of cheap phones and laptops over?
Bargains are disappearing and the cost of gadgets such as MacBooks and PS5s is rising as AI competes for memory chips
Global finance watchdog warns over private credit industry fuelling AI boom
Financial Stability Board report reveals tech, healthcare and services sectors as the biggest borrowers
Wednesday briefing: How Trump’s attempt to reopen to strait of Hormuz brought war closer again
In today’s newsletter: The brief US effort to steer trapped vessels through the waterway put the fragile ceasefire under strain
Gibraltar dumping all of its raw sewage into Mediterranean
Wastewater from nearly 40,000 people and businesses pumped straight into sea as territory still has no treatment plant
Totally grounded? How the jet fuel crisis could change our holidays – and world history
Jet fuel has doubled in price since the start of the war on Iran. How bad will the disruption get and could this accelerate the route to jet zero?
Four in five Britons worried Iran war will make food more expensive, poll finds
Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costs