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Starbucks Korea CEO dismissed over ad evoking massacre of pro-democracy protesters

‘Tank Day’ event causes outrage with ‘malicious mockery’ of deadly crackdown during dictatorship era

NextEra to buy Dominion in $67bn deal creating US utility giant

Deal would create largest regulated US utility, serving 10 million customers as AI-driven demand for power surges

HS2: Heidi Alexander to set out true cost of rail project – and when trains will begin to run

Transport secretary to give budget details of troubled high-speed line, which backers hope will stay well below £100bn

IMF raises UK growth forecast and backs Reeves’s deficit reduction plans; bonds recover after sell-off – as it happened

International Monetary Fund says ‘Staying the course on deficit reduction will be important’ for the UK, in annual assessment of the economy

Reeves poised to cancel planned fuel duty rise to help with cost of living

Chancellor has been under pressure to extend 5p temporary cut at an estimated cost to government of £2.4bn a year

Donald Trump’s approval rating sinks to lowest point of second term

US president’s approval rating falls to 37% days after he said Americans’ financial situation is not motivating him to broker deal with Iran

Champions League final will not be free to watch in UK for first time in modern era

All three European final will be restricted to TNT Sports and HBO Max customers, with Uefa understood to be unhappy with the decision

London tube strikes called off at last minute

RMT union says two 24-hour stoppages from midday on Tuesday have been suspended

Anthropic to share Mythos cyber flaw findings with global finance watchdog

Startup has declined to release Claude Mythos AI model publicly amid fears it could be used by hackers

By offering all Emilys a free medium Coke per ticket, Showcase Cinemas prove their commitment to drama

Showcase Cinemas is offering a medium Coca-Cola to anyone called Emily who goes to see new romcom Finding Emily this weekend. But what if 35,000 thirsty Emilys turn up?

Rising prices are Britons’ biggest money worry as inflation stays high, survey finds

Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel prices

BBC staff strike as new director general warns of ‘tough choices’ on his first day

Matt Brittin begins task of finding budget cuts as World Service and Radio 4 journalists protest against plan to increase workloads

Ryanair has ‘near-zero concerns’ on fuel shortages but warns of future price rises

Airline’s CEO says uncertainty is making travellers book later, keeping summer holiday fares down

IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty

Washington-based fund praises Rachel Reeves for aiming to cut budget deficit as it upgrades growth forecasts

Trump’s immigration crackdown could cost up to $479bn in lost taxes over 10 years

Proposed IRS data sharing with immigration authorities and ICE raids have made filing risky for those who are undocumented

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  • Water companies in England and Wales explore ‘surge pricing’ during drought
  • Interest rate dilemma for central banks as inflation rises but growth slows
  • ‘I see the incredible promise’: on set of an AI film shoot as new studios embrace controversial tech
  • ‘Why did it become personal?’: furore over plans to expand Kent oyster shack
  • Burnham urged to crack down on gig economy firms to protect 4m workers
  • A positive new report raises the question: was Reeves undermined by dodgy data?
  • University spinout to launch water quality app for UK and US waters
  • New UK cost of living crisis looms with soaring energy bills forecast to lift inflation
  • From tourism to power generation and productivity, Europe feels economic cost of heatwaves
  • Delivery drivers will get minimum wage in Australia’s ‘world-first’ deal. Is it fair – and will Uber Eats cost more?
  • ‘Strategic change and grasping nettles’: where now for John Lewis as boss exits?
  • UK’s biggest EV battery gigafactory shelves expansion as Jaguar Land Rover talks stall
  • Donald Trump doesn’t just love billionaires, he loves multimillionaires too
  • ‘I don’t even drink whisky’: Scotland reels in visitors as much of Europe swelters
  • Secondhand booksellers in UK and Ireland suspect AI firms behind ‘strange’ bulk orders
  • ‘A tax on being thin’: only high earners make overall savings on food bills from weight-loss drugs
  • Burnham criticised for EV and North Sea approach amid climate crisis
  • US long-term borrowing costs hit 25-year high; weakening of UK’s EV sales targets criticised – as it happened
  • Thames Water plans to restart desalination plant – after drought has ended
  • Milk, wine, salad: how your food will be affected by the summer of heat
  • BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
  • As online dating goes into ‘salvage mode’, can AI solve all its problems?
  • US firms that kept DEI policies despite ‘go woke, go broke’ threats thrived
  • Ryanair window that passenger was partly sucked out of was broken by engine debris, report finds
  • Tougher crops and beaver dams: how UK farmers are tackling drought
  • Searches for UK homes with air conditioning more than double
  • BAE Systems to pay $36m penalty after 104 violations of US arms export rules
  • Water customers are not a ‘blank cheque’, Burnham tells suppliers
  • Energy nationalism and interconnectors: the next power threat?
  • Ukraine ‘offering Russia deal to halt attacks on civilian ships in Black Sea’

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