Backlash against ‘short-termist’ UK plans to weaken EV sales targets
Charging industry and electric vehicle manufacturers say measure could cost jobs and harm UK automotive sector
Wall Street and European markets hit record highs and oil price falls to three-month low after US-Iran peace deal – as it happened
Rolling coverage of the latest economic and financial news
EU trade deficit with China reaches record €1bn a day, data shows
Import and export figures come as European leaders prepare to meet this week to address growing imbalance
Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens
Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles
Spielberg’s Disclosure Day opens strongly at box office as Obsession, Backrooms – and Michael – smash records
UFO thriller is on track to become director’s best performing original title in the US, taking just shy of $100m in global revenue after opening weekend
Settler products from occupied Palestine sold to Europe as Israeli, investigation finds
Shipments deliberately mislabelled to bolster settler economy, says non-profit Global Echo
US and UK central banks expected to keep interest rates on hold amid Iran peace deal
Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressures
UK’s oldest Indian restaurant takes crown estate to court over threatened eviction
Michelin-starred Veeraswamy faces closure as King Charles’s property developer has refused to renew its lease
Listen to manufacturers and unions: high electricity prices are killing industry
Make UK and TUC are right – ministers need a proper strategy to cut energy costs before there are more closures
From Bloomsbury to Whitehall: new play reimagines life of John Maynard Keynes
The Standard of Living by James Graham traces economist’s influence on British politics and culture
Mike Ashley’s Frasers follows Hugo Boss bid with offer for Australia’s Accent
UK billionaire’s fashion group offers £166m for takeover of 77.1% of shares in shoe firm it does not already own
Investment fraud in UK soared to more than £220m lost last year, trade body says
Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraud
Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX
Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPO
Australia’s Sigma drops out of talks to buy UK’s Boots
End of discussions on takeover estimated at $10bn extends uncertainty for 177-year-old British chain
A £350 swimming pool fee ruined our easyJet holiday
We booked our hotel because of its swimming pool but a hefty hourly fee to use it wasn’t mentioned