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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

Why making AI services pay is so hard

AI firms and software vendors are struggling to price token-based services as costs, usage and model pricing change rapidly.

5 min read

Apple mounts new UK legal challenge over encrypted iCloud access

Apple has launched a fresh legal challenge to a UK demand for access to encrypted iCloud data, reviving a dispute over advanced data protection, secret surveillance powers and privacy rights.

6 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

Fuel theft from UK forecourts hits £200,000 a day as prices rise

UK forecourts have seen fuel theft rise sharply since the Iran war began, with losses averaging almost £200,000 a day amid higher petrol prices and renewed concerns over price gouging.

4 min read

Luke Bateman tells inquiry gambling firms supplied him with cocaine, alcohol

Luke Bateman told a parliamentary inquiry gambling companies supplied him with cocaine and alcohol and failed in their duty of care, as he said his gambling addiction cost him about $1m.

4 min read

What the mortgage rule changes could mean for first-time buyers

Rule changes and more flexible lending could let first-time buyers borrow up to six or seven times income, but the shift brings risks and strict criteria still apply.

2 min read