World of Business

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Campaigners lose appeal bid over Gatwick expansion

Campaigners have lost their bid to appeal against Gatwick Airport’s £2.2bn expansion, after judges rejected claims the climate impact was not properly assessed.

5 min read

Why Trump Media's Truth API is stirring controversy

Trump Media has launched Truth API, a paid feed offering faster access to Truth Social posts, prompting legal and ethical concerns over possible market-moving use of Trump’s statements.

5 min read

BP profits hit four-year high as Middle East war lifts oil prices

BP reported a $5.73bn quarterly profit, its highest in four years, as conflict in the Middle East pushed up oil prices and drew criticism from campaigners.

3 min read

Oil profits jump as Middle East war lifts prices, Trump criticises earnings

Oil companies are posting surging profits as Middle East conflict pushes energy prices higher, while Donald Trump criticises ExxonMobil and Chevron over rising earnings.

2 min read

Could heatwaves push food prices higher?

Heatwaves and drought are putting pressure on farms, supply chains and some supermarket chillers, raising concerns that food prices could rise if crop yields and supplies are affected.

5 min read

US states sue to block tariffs on goods from dozens of countries

Twenty five US states sued the Trump administration over tariffs of 10% to 12.5% on goods from 60 trading partners, including the UK, China and the EU.

2 min read

Oil tanker threat in Middle East at worst since Iran war began

Analysts say the threat to oil tankers in the Middle East is at its worst since the Iran war began, as attacks in the Red Sea add to disruption in the Strait of Hormuz.

5 min read

UK faces recession risk if Hormuz stays shut, EY warns

EY warns the UK could fall into recession if the Strait of Hormuz remains closed, while oil prices, petrol costs, manufacturing data and AstraZeneca merger talks drive markets.

15 min read

Burnham’s Manchester model wins praise — but can it scale nationally?

Andy Burnham’s Manchester model is held up as a blueprint for national renewal, but questions remain over whether it can be applied across the UK.

12 min read

AstraZeneca in talks with Bristol Myers Squibb over $400bn merger

AstraZeneca is in talks to buy Bristol Myers Squibb in a deal that could create a near-$400bn drug group and the world’s fourth-largest drugmaker.

3 min read

US and Japan confirm rare joint move to support the yen

Japan and the US confirmed rare joint intervention to support the yen, sending it to a three-month high after it fell to a 40-year low last week.

4 min read

Spider-Man: Brand New Day posts second-biggest global opening ever

Spider-Man: Brand New Day grossed $927m globally in its opening weekend, making it the second-biggest launch ever and giving Disney a boost before Avengers: Doomsday.

3 min read