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Australia says it won’t raise drug prices after Trump’s 100% tariff on pharmaceuticals imported into US

Health minister Mark Butler says federal government is ‘not negotiating’ when it comes to removing price protections on common medications

Trump threatens 100% tariff on drug makers that don’t strike deals to lower US prices

New tax will hit branded drugs and active ingredients while exempting generics for at least one year

Alleged maple syrup scam in Quebec uncovered by Canadian broadcaster

A Radio-Canada reporter noticed his maple syrup tasted odd; testing revealed it was adulterated with cane sugar

US government sues Illinois, alleging unlawful efforts to regulate prediction markets

Booming prediction market sites, such as Kalshi and Polymarket, face scrutiny from states and Congress

Blue Owl Capital limits withdrawals after investors try to redeem $5.4bn

Private credit investment firm’s move is latest sign of crumbling confidence in unregulated lending market

Oil price jumps and markets slide after Trump warning to Iran

Brent crude rises 8% as US president vows to hit Iran ‘extremely hard’ over coming weeks

US crude oil hits $110 a barrel and markets drop as Trump dashes Iran de-escalation hopes – as it happened

Rolling coverage of the latest economic and financial news

CBS News streaming employees reach deal on new contract after walkout

Union has reached a tentative agreement for a three-year contract after holding a 24-hour walkout in March

How could strait of Hormuz closure affect UK food and medicine supplies?

Effects of Iran’s blockade will depend on how long crisis lasts as disruption ripples through supply chains

Stellantis recalls 44,000 UK vehicles over fault that could cause fires

Affected cars include models in Peugeot, Citroën, Vauxhall, Lancia, Alfa Romeo, Jeep and Fiat brands made since 2023

Goodbye mrbrightside416: Google allows users to alter quirky Gmail addresses

Those in US given chance to have more professional usernames without losing access to account

UK firms expect to raise prices more quickly as Iran war pushes up costs

Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming year

Drivers told to look for cheapest fuel ahead of ‘busiest Easter on UK roads since 2022’

Bank holiday traffic predicted to peak on Thursday, as petrol and diesel prices surge from fallout of Iran war

‘From high flyer to dead parrot’: former billion-dollar eco-shoe brand Allbirds sold for $39m

Once-hyped, celebrity-backed company snapped up by American Exchange Group for fraction of former value

Rowntree’s trust appoints Keon West to tackle brand’s colonial history

Author and academic says role is a chance ‘to make real, meaningful changes’ as trust confronts enslavement links

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  • Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live
  • Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman
  • Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade
  • ‘Picky bits’ on the menu as British shoppers snap up picnic food in heatwave
  • UK pay growth slows as job vacancies hit five-year low
  • Sports Direct owner Mike Ashley tightens hold on Hugo Boss
  • Student bank accounts: don’t be swayed by the freebies, freshers told
  • Half of homes in Great Britain taking longer to sell than last year amid mortgage volatility
  • At least 109 BHP workers sexually harassed colleagues in a single year, mining company says
  • Top economists urge Burnham to sign UK up to UN initiative on global inequality
  • Ministers drop plan to relax affordable housing rules after negative response
  • Virgin Trains a step closer to running services to Europe in blow to Eurostar
  • European farmers face ‘unprecedented crisis’ after successive heatwaves
  • US gas prices reach highest ever recorded for August amid stalled talks with Iran
  • China’s economy showing signs that slowdown may be extending
  • Leading economies’ borrowing costs hit highest since 2008 crisis
  • Alarm raised over ‘privacy dilemma’ of facial recognition technology at Coles and Woolworths
  • Government borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened
  • UK government ‘irresponsible’ for not publishing emergency drought plans
  • Sainsbury’s store pauses AI scanning after false shoplifting accusation
  • JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks
  • Thom Yorke, Romy and Brian Eno among 200 musicians urging PM to reject new North Sea drilling
  • Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month
  • Are Microsoft’s AI plans being held back by a shortage of chips?
  • Summer jobs bounce back in UK thanks to busy calendar of sport and music
  • Water companies in England and Wales explore ‘surge pricing’ during drought
  • Interest rate dilemma for central banks as inflation rises but growth slows
  • ‘I see the incredible promise’: on set of an AI film shoot as new studios embrace controversial tech
  • ‘Why did it become personal?’: furore over plans to expand Kent oyster shack
  • Burnham urged to crack down on gig economy firms to protect 4m workers

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