UK has wealthy Europe’s ‘third-highest’ rate of young adults not in work or study Resolution Foundation report says ‘crisis’ stems from rising ill-health and a failing system of benefits and job support
US supreme court weighs blocking lawsuits against Roundup makers alleging weedkiller causes cancer Case centers on glyphosate, pesticide used in Roundup and other products that has been linked to cancer in some studies
Nationwide should give its boardroom challenger a fair run James Sherwin-Smith’s candidacy is a test of the building society’s commitment to mutual values
Claire’s to close remaining UK stores on Tuesday with more than 1,000 job losses Sources say staff have been asked to pack up final stock and equipment after waves of closures
Shell to buy Canadian shale producer ARC Resources for $16.4bn Deal comes five years after Shell sold its US shale business and is its biggest acquisition for a decade
Taylor Swift files trademarks for voice and image amid concern over AI misuse The singer’s company filed three applications on Friday after Matthew McConaughey launched similar strategy
EU faces ‘China shock’ as EV imports drive Beijing’s record surplus with bloc China sold goods worth about $148bn to EU in first quarter of year, but imported just $65bn
Goldman raises oil price forecasts as Iran war deadlock continues; Shell buying Canada’s ARC in $13.6bn deal – as it happened Rolling coverage of the latest economic and financial news
China blocks $2bn Meta takeover of AI agent developer Manus Beijing says domestic tech companies must seek explicit government approval for accepting US investment
California billionaire tax proposal garners enough signatures to head to ballot Proposal for a one-time 5% tax on billionaires in the state is opposed by Silicon Valley tech titans and Gavin Newsom
What’s going on with Spirit Airlines and could the White House bail them out? The long-troubled air carrier is in bankruptcy court as the Trump administration scrambles to save the company
G7 central banks poised to hold borrowing costs amid concerns over prolonged Iran war Critical week for global economy as banks expected to issue warnings over conflict driving up prices
HSBC ‘reviewing’ private school perk for bankers in Hong Kong Hundreds of senior staff in territory benefit from nearly £30,000-a-year grant per child not available to staff in group’s other hubs
Nationwide could have first customer on board for nearly 25 years James Sherwin-Smith will be up for election after securing more than 250 nominations to run alongside existing directors
We booked £4,000 in EasyJet flights – but it won’t let us postpone them all after devastating news The airline refused a refund or credit for our group of 14 after a brain tumour diagnosis for my two-year-old child