Labor to set terms for datacentre and AI growth as it vows not to repeat mistakes of resources boom
Assistant minister agrees concerns over resource usage are legitimate but argues Australia cannot ignore ‘consequential’ economic wave
Australian billionaire Brett Blundy wages high-stakes campaign to oust chair of Victoria’s Secret
Blundy’s investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeover
Mike Ashley’s Frasers makes €1.98bn takeover bid for Hugo Boss
Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full control
Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices
UK minister defends changes to student loans as criticism mounts
Lucy Rigby tells MPs heavily subsidised system gives the government the right to alter terms of existing agreements
For those shedding a tear over house prices falling, these numbers may change your mind
An average home would cost $595,500 now if prices were the same relative to income as before John Howard turned the market into an investor casino
The business secretary is overselling UK state investment activism
Peter Kyle exaggerates role of British Business Bank and National Wealth Fund in nurturing firms
US inflation hits 4.2% in May as Trump’s Middle East conflict drives up prices – as it happened
US inflation hits a three-year high in May
WH Smith raises £100m as it warns on profits due to Iran war
Retailer plans to shut unprofitable stores as falling US airport traffic due to Middle East conflict hits trading
Weight-loss drug users save more than £400 a year on food as take-up triples
New research suggests GLP-1 users are buying fewer snacks and treats such as crisps and chocolate
UK poised to ease steel tariffs as manufacturers warn of costs
Exemptions being considered after March announcement of measures to support domestic steel production
China’s BYD aims to be world’s biggest car firm within five years
EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in Europe
Pub chain Fuller’s hopes for bumper summer of World Cup and staycations
Company says it has strong bookings for England matches and has spruced up gardens for domestic holidaymakers
We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way
Our roadmap has been shaped by experts across the world. We call on political leaders at all levels to use it, says Olivier De Schutter and others
Nike charges World Cup fans the most for replica shirts after price surge
England supporters face paying inflation-busting £95 for an adult shirt as the tournament begins in the US