Video game maker EA bought by Saudi-led group for $55bn Company acquired in deal involving Affinity Partners, a firm run by Donald Trump’s son-in-law Jared Kushner
Bank battle: history suggests Burnham faces fight if he opts for windfall tax As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households
Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union boss
Jetstar to charge fees to put carry-on luggage in overhead lockers Airline to remove 7kg weight limit for carry-on bags and introduce new fee from February 2027
SpaceX beats revenue expectations in first earnings report after IPO crash Company beat analysts’ predictions to post $7.81bn in revenue, following stock plummet after IPO
BP boss is unsentimental in pruning portfolio and clear on North Sea advice to Burnham Meg O’Neill is overseeing rapid clearing of the decks at BP after strategic muddle of recent years, with ‘message’ for new PM
BP boss urges Burnham to prioritise UK oil and gas even as firm exits North Sea Meg O’Neill says ‘where we generate jobs, we generate tax revenue’, as company’s profits more than double
Revealed: major oil firms make $93bn profits amid war and climate crisis Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage
Trump administration reportedly drafting ban on Chinese datacenter components Trump’s FCC is developing a measure to bar US imports of new models of Chinese datacenter devices, sources say
Labour members ‘have tougher view on welfare than you might think’, poll suggests Survey finds party members see health, the economy, cost of living and climate crisis among biggest challenges
‘A 99 with a Flake? That will be £7, please’: what’s behind the surge in ice-cream van prices? From the cost of milk and chocolate to diesel and electricity, every part of producing the summer treat has been hit by the climate crisis and other shocks
David Ellison claims opposition to his mega-merger stems from potential CNN control With $111bn deal to acquire cable network’s parent company stalled in courts, Ellison courts public
Oil profits boom on ‘war bonus’ as Trump blasts energy giants for ‘making too much money’ – as it happened Rolling coverage of the latest economic and financial news
Gatwick airport to open second runway after legal challenge fails £2.2bn project will allow about 100,000 more flights a year to use Britain’s second busiest airport
Trump Fed chair’s inflation strategy: leave it to the market Kevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic steward