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Truss says she has ‘right plan’ on economy and will not change course

In series of local BBC interviews, prime minister says she is prepared to make difficult decisions

China growth lags Asia-Pacific for first time in decades as World Bank cuts outlook

East Asia and Pacific annual growth forecasts downgraded from 5% to 3.2% as China’s economy cools, largely due to zero-Covid policy

Swiss to vote in national poll on banning factory farming

This weekend’s ballot could see Switzerland also giving farm animals the constitutional right ‘not to be intensively farmed’

NGO retracts ‘waste colonialism’ report blaming Asian countries for plastic pollution

Ocean Conservancy apologises for ‘false narrative’ of 2015 study that put blame for bulk of world’s plastic waste on five Asian states

Big oil and Opec are holding the world to ransom – it’s time to rein them in

The UN’s call for windfall taxes must be taken up by governments to help break the power of greedy cartels

Huawei founder sparks alarm in China with warning of ‘painful’ next decade

Ren Zhengfei writes in leaked memo that ‘chill will be felt by everyone’ and company must focus on survival

Britain imports no energy from Russia for first time on record

UK aimed to phase oil Russian oil imports by end of 2022; in June it achieved that target, ONS data shows

Europe on the brink: the states battling to stave off recession

War, drought and Covid have blighted prospects not just in Britain but continent-wide. Which countries are most at risk?

Oil prices hit lowest level since Ukraine invasion on China growth fears

Chinese recovery from lockdowns shows signs of fizzling out as central bank cuts interest rates

China’s export sector posts stronger than expected figures for July

Outbound shipments grew 18% after struggle with shortages of raw materials and lockdowns in first half of year

Fading global cooperation will make this crisis worse than the recession of 2008

The global financial crisis brought large economies together but the current crisis comes at a time of deep division

Friendshoring: what is it and can it solve our supply problems?

With offshoring now faltering, a US-led trend sees firms shifting manufacturing and more to countries with shared values. But this won’t be cost-free

UK inflation could reach 15% by start of 2023, experts say

Resolution Foundation says Bank of England likely to forecast higher and later peak, on eve of interest rates decision

Pelosi’s Taiwan trip could have significant consequences for global economy

Rising tensions between US and China threaten to accelerate decoupling of world’s two biggest economies

Food prices soaring in developing world amid Ukraine crisis, World Bank finds

Lebanon is worst-hit by food inflation after food grain store explosion in Beirut in 2020

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  • Head of NHS England ‘really worried’ about medicine supplies
  • Investors tell Thames Water to ‘eat humble pie’ over failed takeover and open bids
  • Unilever’s food mashup is hardly a delectable prospect for shareholders
  • Marmite maker Unilever agrees $44.8bn deal to combine food arm with McCormick
  • Cost of living: how to prepare for the ‘awful April’ shower of bill increases
  • Centuries-old pottery firm Denby set to call in administrators
  • ‘There’s no safe place here’: Kuwaiti tanker hit by Iranian drone attack in Dubai port
  • UK aviation regulator rejects Heathrow’s plans to significantly raise landing fees
  • Oil price jumps to $118 a barrel after Trump comments; cost of filling up family car with diesel passes £100 – as it happened
  • Energy bills in Great Britain forecast to hit almost £2,000 a year this summer
  • US average fuel price passes $4 a gallon for first time in four years amid Iran war
  • Steel bosses warn ‘back door’ loophole in UK trade rules could lead to job cuts and closures
  • ‘Something out of the ordinary’: why are Japan’s oysters dying en masse?
  • Jim Chalmers claims removing card surcharges will ease cost-of-living pressures. But will you be better off?
  • Food price rises unlikely before summer, says boss of Sainsbury’s
  • UK house prices rose sharply in March but Iran war expected to cause slowdown
  • If OpenAI is to float on the stock market this year, it needs to start turning a profit
  • I nearly lost my new home because of a NatWest banking error
  • Car finance victims to get an average £830 payout but fewer loans eligible
  • When will car finance compensation be paid out and how much could you get?
  • How many sweeteners does JP Morgan need to build an office in Canary Wharf?
  • IMF warns Middle East conflict will lead to higher prices and slower global growth
  • British Steel on track to be fully nationalised within weeks
  • Harrods’ closure of compensation scheme for survivors of alleged sexual abuse called ‘neither fair nor just’
  • Air Canada CEO to resign after backlash to video tribute of pilots killed in crash
  • Families hardest hit by energy crisis could be given funds dispensed by councils in England
  • Putin likely to stage another Salisbury-style attack, exiled oil tycoon says
  • Trump appears to relax oil blockade on Cuba as Russian tanker arrives
  • Brent crude rises after Trump says he wants to ‘take the oil’ in Iran and Yemeni Houthis launch second attack on Israel – as it happened
  • Brent crude hits $116 a barrel as Trump threatens to ‘blow up’ Iran’s oilwells and export hub

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