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
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
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
Airbus takes final approach to settle 16-year WTO row with US Aircraft maker says it will end French and Spanish state support used by Trump administration to justify tariffs
Most UK firms plan to invest less in next three years, finds survey Covid-19, risk of no-deal Brexit and geopolitical tensions are dragging down spending
World Bank calls on creditors to cut poorest nations’ debt payments Cooperation needed to avoid turning Covid-19 into deeper economic crisis, says economist
Barley industry fears it is bearing brunt of Australia’s ‘fractured’ relationship with China Agricultural groups call for more government help to access new markets amid concerns over heavy reliance on China
Three in four UK firms unprepared for Brexit, study shows IoD says half of companies questioned cannot fully plan for end of transition period due to lack of clarity on rules