Crispin Odey drops £79m libel claim against FT over sexual misconduct allegations Ex-hedge fund manager ‘forced to accept’ newspaper likely to succeed in its public interest defence, say his lawyers
Fears of UK and EU flight cancellations as airports warn of jet fuel shortages Summer holidays could be hit unless oil flows through strait of Hormuz recommence within three weeks
Starbucks’s retail arm gets £13.7m tax credit even as sales increase Credit can be used to offset future bills as full-year losses at UK division widen to £41.3m and it adds 92 stores
European airports ‘face jet fuel shortages within three weeks’; Irish army called in over fuel protests – as it happened Body representing European airports reportedly warning of “systemic” shortages if strait of Hormuz is not reopened; petrol demonstrations in Ireland now in their fourth day
Anger as swifts’ nesting holes in Derbyshire rail viaduct ‘blocked up’ Campaigners say birds could die trying to access ancestral nests that were sealed during rail refurbishment
US inflation soars in March as war on Iran drives economy into uncertainty Prices were up 3.3% over the year, adding to the unpredictability that first came with Trump tariffs
Amazon to finally launch Leo satellite internet in ‘mid-2026’, says CEO Andy Jassy tells shareholders that long-awaited rival to Elon Musk’s Starlink is ‘on the verge’ of going live
Dolce & Gabbana says co-founder Stefano Gabbana has quit as chair Designer who left fashion house in January said to be considering options for his 40% stake ahead of talks with lenders
US summons bank bosses over cyber risks from Anthropic’s latest AI model Reports say Fed chair Jerome Powell among attenders at meeting in Washington
Starmer says he is ‘fed up’ with Trump and Putin’s impact on UK energy costs PM appears to draw comparison between Russian and US leaders’ actions and calls for plan to restore Hormuz strait shipping
Welcome to Y’all Street: bullish Dallas aims to steal New York’s financial crown Texas city believes loose rules and low taxes will make the US’s biggest banks come running – can it pull it off?
The daughters of Dominican immigrants achieved the American dream. They’re bringing sweet chocolate success back to the homeland Janett and Erika Liriano built a chocolate factory in their parents’ homeland – and gave farmers a stake in the company
‘Mental breakdown’: oil tanker workers stuck in Gulf for six weeks are reaching their limit Seafarer refuses to sail through the strait, citing safety risks and mounting psychological toll
OpenAI shelves Stargate UK in blow to Britain’s AI ambitions Artificial intelligence company cites high energy costs and regulation for putting landmark project on hold
UK to give £380m grant to Tata battery factory in Somerset Investment in plant due to supply batteries to Jaguar Land Rover expected to boost economic growth and secure jobs