UAE to complete second oil pipeline bypassing strait of Hormuz by 2027 State oil company fast-tracks previously undisclosed project, which is expected to double export capacity
The Federal Reserve’s independence is hanging by a thread in the age of Trump The president’s ultimate goal is to push the Fed – among other independent US institutions – to bend to his will
Ban private jets and cut speed limits to avert UK fuel crisis, say campaigners Climate and transport organisations warn ministers not to ‘sleepwalk into crisis’ amid Iran war oil and gas shortages
Hopes grow that London Underground strikes could be called off Tube stoppages due on two 24-hour periods next week but sources say RMT seeking talks
Heathrow could be forced to allow other firms to build third runway to cut costs Under aviation regulator proposals rival companies would bid to design and build parts of airport expansion
Christopher Harborne, tycoon who gave £5m to Farage, enters UK rich list at No 6 Crypto billionaire goes straight into top 10 on Sunday Times list, with Noel and Liam Gallagher among other first-timers
Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat Exclusive: Contract changes mean Post Office outlets inside TG Jones stores would be easier to close, with up to 60 possibly affected
EU carmakers pave way for Chinese rivals as balance in market shifts Many European motoring manufacturers are in retreat with plants to off–load – while China’s industry is on the march
‘Stone-cold racism’: Newsom condemns GOP redistricting efforts; Louisiana approves plan to erase majority-Black district – as it happened This live blog is now closed.
US reportedly dropped fraud charges against Indian billionaire after he hired Trump’s lawyer Gautam Adani, richest man in Asia, was accused of conspiring to pay $250m in bribes to Indian government officials
The gilt market will hover over any Labour leadership contest The Iran war is the bigger story – but the bond market is primed to deliver a kick if extreme positions arise from a formal race
GB News should lose its licence, says ex-Sky News editor Adam Boulton Veteran broadcaster accuses channel of ‘clear violations’ of Ofcom’s due impartiality rules
Australian retailers on notice over ‘fake discounts’ as Coles braces for record fine after landmark court ruling Supermarket share price falls after ‘Down Down’ discounts ruled to be misleading as Woolworths defends similar case
Labor’s budget will benefit the young – but does little to woo voters drawn to One Nation Jim Chalmers’ budget tips the scales in favour of younger and less well-off households – but it’s middle-class gen X that are turning to the rightwing party
Reeves seizes on surprise UK growth as evidence Labour leadership must stay Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran war