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Could the US and Chinese economies really ‘decouple’?

The buzzword makes it sound as if disentangling the world’s two largest economies were simple, says academic Isabella Weber

No-deal Brexit means food price rises, warns Morrisons

Storage issues could hit cost of fruit and veg as supermarket chain’s profits plunge

Campaigners start legal challenge to UK’s $1bn grant to Mozambique gas project

Friends of the Earth seeks judicial review, saying aid deal contradicts climate commitments

Boris Johnson is not hiring Tony Abbott for his trade expertise

The ex-Australian PM is a political evangelist for free trade who has got three big trade deals over the line

Wanted: thick-skinned maverick to head up World Trade Organization

As Roberto Azevêdo steps down early, eight candidates step up for poisoned chalice of being WTO director general

Poorest countries face lost decade due to Covid-19, says IMF

Economists call for urgent help to prevent progress in poverty reduction being wiped out

World Bank: Covid-19 pushes poorer nations ‘from recession to depression’

The president, David Malpass, says a more ambitious debt relief plan is needed

Debt in developing countries has doubled in less than a decade

Jubilee Debt Campaign reveals sharp rise in number of countries in distress since 2018

China retail sales fall fuels concern for global recovery from Covid-19

Retail sales dropped 1.1% in July while industrial production remains subdued

Scotch whisky makers rail against UK government inaction over US tariffs

Industry says UK is prioritising post-Brexit trade talks with Washington rather than fight 25% tariffs

UK to plunge into deepest slump on record with worst GDP drop of G7

Official measure to be declared this week as coronavirus lockdown shrinks GDP by 21% in second quarter

Saudi Aramco to keep $75bn dividend despite dive in profits

Shareholder payout to stay despite 73% fall in quarterly profits due to impact of Covid-19

US economy added 1.8m jobs in July, beating expectations – as it happened

Rolling live coverage of business, economics and financial markets as investors look ahead to US non-farm payrolls

Think ‘sanctions’ will trouble China? Then you’re stuck in the politics of the past

The complex history of how China and the US once embraced each other should inform how the current showdown is tackled, says artist and activist Ai Weiwei

Shell reports $18bn loss as global oil and gas prices collapse

Energy giant hit by massive change in fortunes as Covid-19 crisis forces writedown in asset values

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  • World held hostage by reliance on fossil fuels, Christiana Figueres warns – and climate health impacts are ‘mother of all injustices’
  • Oil and gas crisis from Iran war worse than 1973, ​1979 and 2022 together, says IEA
  • Universal Music, home to Taylor Swift and Drake, receives €55bn takeover offer
  • Oil back above $110 in volatile markets as Trump deadline looms for Iran to reopen strait – as it happened
  • BP shareholders advised to vote against chair over climate resolution exclusion
  • Hedge fund borrowing exposes emerging markets to greater Iran war risk, says IMF
  • Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation
  • JP Morgan reaches agreement with City airport for Canary Wharf’s tallest tower
  • Iceland chain offers job to man sacked by Waitrose after confronting shoplifter
  • UK City firms report fastest turnaround in fortunes in 30 years
  • My mother has been overpaid her civil service pension and ordered to repay it
  • UK manufacturers ‘will pay £940m a year more in business rates due to Reeves changes’
  • Want to know capitalism’s endgame? Just look at private equity – it has captured our everyday lives
  • ‘Italy has the best benefits’: Milan takes on Dubai as home for the super-rich
  • Waitrose under pressure to reinstate worker sacked after stopping shoplifter
  • Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump
  • Private jets, deserted shores and an unbuilt resort: alleged links to sanctioned ‘scam’ empire revealed in Timor-Leste
  • Dozens of firms risk losing B Corp status after standards overhaul
  • Don’t believe Trump’s claims about making life more affordable
  • David Ellison says 70% of Americans are centrist. Surveys tell a different story
  • War in Iran is boosting profits for oil and defense companies as US gas prices soar
  • Thousands of small UK firms’ energy bills set to more than double due to Iran war
  • Track Australia’s fuel prices, service station outages and shipments in charts
  • Sick pay rule changes to benefit up to 9.6m UK workers, TUC says
  • Starmer attacks Greens, saying vote for Labour rivals puts new workers’ rights at risk
  • Iran strikes Kuwait’s oil infrastructure before Opec+ supply talks
  • Workers, pensioners and children: all better off. Ignore the critics – we really are standing up for working people
  • The Guardian view on Japan’s hidden century: cheap money, global risk
  • From microshifting to coffee badging: whatever happened to just doing your job?
  • Labour to back down on foie gras and fur bans to ease EU trade deal

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