RBA governor dismisses jobs fears but hints at rates hold after inflation uptick

Michele Bullock plays down concerns about rising joblessness as economists pencil in February for next reduction in borrowing costs

Underground mine explosion kills two people at Cobar in western NSW

Woman and man confirmed dead and another woman airlifted to hospital after blast at Endeavour mine

Shrinkflation hits everyday staples, piling more pressure on households

Which? finds products shrinking while supermarkets keep prices flat or rising

First banker jailed over Libor interest rate rigging to sue UBS for $400m

Tom Hayes claims he was ‘hand-picked scapegoat’ for the Swiss bank as it tried to avoid regulatory scrutiny

CBS News anchor John Dickerson becomes latest figure to exit network

Announcement comes amid concerns about network’s ownership and ability to maintain editorial independence

Experts say Ed Miliband’s £1.1bn for new offshore wind projects not enough

One energy industry source says they expected an annual budget as high as £2bn to meet UK’s green energy targets

New AI-powered anti-scam tool wins praise from UK fraud minister

Starling tool can scan images of items and ads on sites such as Facebook Marketplace, eBay, Vinted and Etsy

UK in £8bn deal to sell Typhoon jets to Turkey despite human rights concerns

Starmer’s announcement on visit to Ankara comes as jailed opposition leader Ekrem İmamoğlu faces fresh charges

How can Rachel Reeves reduce inflation?

Five ways the chancellor could mitigate a UK inflation rate that is harming households – and Labour’s vote share

Exxon sues California over climate laws, alleging free speech violations

Oil firm asks court to block enforcement of laws that would require disclosure of planet-heating carbon emissions

Oil firm Petrofac enters administration, putting 2,000 jobs at risk; Greencore-Bakkavor food giant deal faces UK competition concerns – as it happened

Wall Street hits new highs on US-China trade deal hopes; Argentina’s currency, stocks and government bonds surge after Javier Milei’s far-right party wins election

US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’

While the European countries have brought their spending under control, the US president’s tax cuts and defence spending will lead to increased borrowing

Lawsuits against banks with Epstein ties may shed new light on financier’s crimes

Experts say claim banks enabled Epstein will be difficult to prove but other outcomes could provide solace to victims

Oil and gas firm Petrofac files for administration, putting thousands of jobs at risk

North Sea contractor says move applies only to its ultimate holding company and it will continue to trade

Nissan pools carbon emissions with electric vehicle maker BYD to avoid EU penalties

Japanese carmaker’s deal with Chinese rival part of EU-sanctioned offsetting scheme to help head off £13bn in fines