Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikes
Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume
The Guardian view on global corporate tax: a $500bn prize that states must seize
Editorial: Donald Trump may reject the negotiations, but he cannot veto a global effort to make multinational companies answer to governments
ECB official warns climate crisis poses growing threat to ‘core financial stability’
Exclusive: As wildfires rage across Europe, Frank Elderson tells the Guardian nature loss poses a growing risk to the global economy
Oil prices fall as US pauses strikes on Iran over strait of Hormuz
Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall
Ed Miliband indicates development and climate will be at heart of UK foreign policy
Exclusive: Foreign secretary to take up World Bank seat and play active role in shaping changes to global lender
China’s economy grows at 4.3%, one of its lowest rates on record
Worse-than-expected figures for three months to June come amid concerns over lopsided economy
Oil price jumps as US-Iran clashes raise odds of interest rate rises
Energy prices later stabilise after Trump abandons plan for 20% levy on traffic through strait of Hormuz
China’s monthly car exports top 1m for first time as overall trade soars
Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tn
‘Super’ El Niño could cause global food price shock lasting into 2028, analysts say
Weather cycle threatens harvests worldwide, adding to inflation already fuelled by the Iran war
Developing countries spend more repaying foreign debt than on education, UN reveals
Unesco report shows children lost out to servicing debt in 113 countries, with 18 spending five times more on loans
EU urged to exempt UK from car rules that could be worst Brexit impact yet
Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’
EU halves duty-free steel quota but UK and other partners given better rate
Thirteen countries with a free trade agreement with Brussels have their quota reduced by just one-third
EU sets up three months of talks with China over €360bn trade deficit
Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threats
Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
Stock markets on both sides of Atlantic up as concerns ease over prospect of another inflationary shock
UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
Duty on imports outside new quota will double in move echoing similar changes in EU limits