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Business & Economy

Business, finance and the global economy — markets, central banks, trade and the companies moving them. We follow the data that matters (inflation, rates, growth and jobs), the corporate earnings and dealmaking driving equities, and the commodity and currency swings that set the cost of everything.

Latest in Business & Economy

713 stories
Million-dollar public servants: 11 staff at Australia’s Future Fund paid significantly more than the PM

Million-dollar public servants: 11 staff at Australia’s Future Fund paid significantly more than the PM

One executive received a $1.5m package last year, while 10 other staff received remuneration exceeding $1m eachGet our breaking news email, free app o…

Modern cars’ smart features could be used to spy on you, drivers warned

Modern cars’ smart features could be used to spy on you, drivers warned

Hostile states could access cameras, microphones or GPS, says Dutch spy agency amid concerns over Chinese importsDrivers have been warned that the sma…

UK bookmakers that warned over illicit market had deal with offshore casinos

UK bookmakers that warned over illicit market had deal with offshore casinos

Content provider part-owned by Ladbrokes, William Hill and Betfred owner signed deal with Santeda network, Casino Secrets leak revealsThree UK bookmak…

Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’

Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’

Deal would mark return of Canadian family to UK after it sold Selfridges department store for £4bn in 2022Business live – latest updatesThe private eq…

Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%

Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%

Fears that US borrowing costs are unsustainable drive Britain’s 30-year bond yield to level not seen since 1998Business live – latest updatesThe turmo…

Badenoch proposes welfare reform that would stop many jobless under-25s getting universal credit – UK politics live

Badenoch proposes welfare reform that would stop many jobless under-25s getting universal credit – UK politics live

Tories suggest ‘tough love’ approach amid issue of one million young people not in employment, education or trainingGood morning. The Conservatives st…

Australia at risk from major global financial shock, Reserve Bank warns

Australia at risk from major global financial shock, Reserve Bank warns

Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worthFollow our Australia news live blog for l…

Microsoft’s datacentres and Optus owner among firms paying zero tax on billion-dollar Australian revenues

Microsoft’s datacentres and Optus owner among firms paying zero tax on billion-dollar Australian revenues

ATO database names big companies – including Microsoft subsidiary and Netflix – that pay little corporate tax but notes there could be legitimate reas…

Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property values

Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from Australian property values

Cotality data shows median house prices fell in September as interest rates hit borrowing capacityGet our breaking news email, free app or daily news …

Hedge fund CEO gives $3bn to Carnegie Mellon University in historic donation

Hedge fund CEO gives $3bn to Carnegie Mellon University in historic donation

Unprecedented university donation from Citadel CEO Ken Griffin will go toward building a new Miami campusCarnegie Mellon University will receive an un…

Shane Richie banned from driving after speeding

Shane Richie banned from driving after speeding

The EastEnders star blames "baiting" from paparazzi as he is banned for six months.…

UK income growth revised upwards as markets hail ‘resilient’ economy

UK income growth revised upwards as markets hail ‘resilient’ economy

Boost for John Healey before budget as GDP figure shows UK economy grew faster than first estimated in second quarterBusiness live – latest updatesUK …

Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas

Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas

Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3.5%Follow our Australi…

‘The emperor is naked’: UEFA’s Ceferin takes aim at FIFA boss Infantino

‘The emperor is naked’: UEFA’s Ceferin takes aim at FIFA boss Infantino

UEFA slams Infantino over his aborted plan to sell off stakes in FIFA competitions to private investors.…

Anthropic warns of AI ‘existential risk’ as concerns emerge over Meta’s Muse and OpenAI’s model | First Thing

Anthropic warns of AI ‘existential risk’ as concerns emerge over Meta’s Muse and OpenAI’s model | First Thing

Anthropic’s prospectus makes chilling claim as new revelations emerge about Muse and Astra models. Plus the silent movie rediscovered in the strangest…

Ex-England captain Dallaglio to sell World Cup winner's medal

Ex-England captain Dallaglio to sell World Cup winner's medal

Former England captain Lawrence Dallaglio is set to sell his 2003 Rugby World Cup winner's medal after being declared bankrupt.…

RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011

RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011

Widely expected decision is fourth increase to interest rate this year and will be blow to mortgage holders across AustraliaFollow our Australia news …

Anti-South Asian ‘hate speech’ has exploded online in US, report finds

Anti-South Asian ‘hate speech’ has exploded online in US, report finds

Researchers link the rise to immigration politics, economic anxiety and the growing visibility of South Asians in US.…

Gold falls amid rising oil prices and higher US dollar

Gold falls amid rising oil prices and higher US dollar

Gold hits seven-week low; silver follows suit and records a nearly 5 percent loss.…

Samuel Alito steps aside in a major climate case amid scrutiny over oil stock holdings

Samuel Alito steps aside in a major climate case amid scrutiny over oil stock holdings

Decision from conservative justice comes before court hears case on whether fossil-fuel firms deceived US publicSupreme court justice Samuel Alito rec…

New tool directly links carbon emissions to amount of environmental and economic damage caused

New tool directly links carbon emissions to amount of environmental and economic damage caused

Carbon Impacts Tracer can be used to estimate climate impact from emissions across eight different factors, including lost food productionThe biggest …

Aldi to invest £900m in UK and open 40 more stores next year

Aldi to invest £900m in UK and open 40 more stores next year

Supermarket chain declares ‘increasing confidence’ in its growth plans after posting record annual revenue of £19bnBusiness live – latest updatesAldi …

Most of UK’s essential food supply grown in drought-risk areas, report warns

Most of UK’s essential food supply grown in drought-risk areas, report warns

Keys crops such as cereals, potatoes, sugar and oils grown in areas with moderate to very high riskThe vast majority of the UK’s essential foods, incl…

RBA expected to hike cash rate to 4.6%, its highest level since 2011

RBA expected to hike cash rate to 4.6%, its highest level since 2011

Outcome of meetings of Reserve Bank on Monday and Tuesday will affect Australian mortgage rates, household budgets and house pricesGet our breaking ne…

Three in four UK GPs ‘too busy to talk to their patients in depth’

Three in four UK GPs ‘too busy to talk to their patients in depth’

Family doctors’ professional body finds the majority have no time to discuss preventative measures A friendly chat with your GP about your life, healt…

Lime bike profits double as rider numbers surge in England

Lime bike profits double as rider numbers surge in England

US-owned firm says average monthly users at its UK arm surged to 700,000 with sales up by a thirdLove them or hate them, Lime ebikes are an increasing…

'I feel cheated - when do Stoke City get our FA Cup?'

'I feel cheated - when do Stoke City get our FA Cup?'

BBC Sport columnist Tony Pulis explains what he and all Stoke fans are thinking after Manchester City are found guilty of the majority of the 115 char…

London’s investment bankers and lawyers make more than £1bn in takeover frenzy

London’s investment bankers and lawyers make more than £1bn in takeover frenzy

Bumper fees paid in the year’s mergers and acquisitions spark anger over high City pay during cost of living crisisLondon’s investment bankers and law…

Alcaraz wins after saving match points as Europe lead Laver Cup

Alcaraz wins after saving match points as Europe lead Laver Cup

Carlos Alcaraz narrowly avoids back-to-back singles defeats for the first time in 18 months as Team Europe lead Team World at the Laver Cup.…

Young people in China are fangirling over a professor who gets their anxiety

Young people in China are fangirling over a professor who gets their anxiety

China's economy and tech have developed at breakneck speed, but there is plenty worrying its Gen Z.…