Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’ Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be eased
Meta misses earnings forecasts after Zuckerberg media push to promote AI Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI
Fed holds interest rates steady despite Trump’s renewed calls to lower them Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up again
TfL brings case worth up to £1bn against carmakers over Ulez compliance Transport for London claims polluting diesel vehicles had been able to enter clean air zone without having to pay
FTSE 100 hits record high despite AI sell-off Strong corporate results buoy market as investors move money away from tech and semiconductor stocks
The likelihood of the RBA raising interest rates has fallen. Have we finally come to our senses? The latest inflation figures have put off the expectation of another rate rise until early next year – unless we look for an excuse for the RBA to move earlier
Oil jumps after Iran attempts ‘surprise attack’; chip stocks slump further as AI sell-off continues – as it happened Rolling coverage of the latest economic and financial news
Rogue OpenAI agent that hacked startup tried to attack other firms ChatGPT developer says activity by autonomous tool was not at severity or scale of what occurred at Hugging Face
BMW to cut ‘as many as 8,000 jobs’ under pressure from Chinese rivals Layoffs will come in admin and development divisions in Germany, with production operations unaffected
Greggs sales jump as iced matcha lattes and chicken rolls become heatwave hits Rise to £1.1bn in first six months of year for bakery chain largely down to opening of new stores
Heathrow passengers face higher fares as airport can recover early expansion plan costs Civil Aviation Authority says airport can recoup £320m through higher airline charges, which are usually passed on to travellers
Datacentre projects face fees for grid access to ease connection queue, Ofgem says Energy regulator’s plan would mean upfront fees or financial security via letters of credit, bonds or cash deposits
‘Ask the right questions’: what you need to know before buying shares Whether it is SpaceX or a bank, getting the right facts about a firm can offer vital insights before you invest in it
Ships stuck in strait of Hormuz pose ‘super-spreader’ biodiversity threat, scientists warn Biologists say cargo ships stranded in Gulf may carry highly potent invasive species around the world as trade resumes
‘Dodged a bullet’: inflation eases to 3.8%, reducing chances of interest rate rise for Australia’s mortgage holders ABS data shows inflation still too high but tracking lower than anticipated