Business
Latest stories in this section, ordered by the original publication time from each source.
Finance ministry terms report on Dar being 'handed' budget-making process 'misleading, incorrect'
The Ministry of Finance said on Thursday that a media report claiming Deputy Prime Minister and Foreign Minister Ishaq Dar had been handed the budget-making process was “misleading” and “factually incorrect”. The clarification came after a report published by The Express Tribune said the government ...
War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?
Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soaredIt was a dark Friday for Wall Street on 27 March. Oil prices were climbing and the war with Iran raged on. Markets responded accordingly, with the Dow and Nasdaq entering correctio...
Million-dollar island home up for grabs for free — but there’s a 180-day catch
A classic Nantucket home is being given away for free, but the new owner must relocate the 1,736-square-foot colonial within 180 days of claiming it.
UK economy sees surprise growth in March despite Iran war
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – business live
Chancellor says UK is in ‘a stronger position’ to deal with the costs of the Iran war, and warns against plunging the country ‘into chaos’ with leadership battleUK economy records surprise 0.3% growth despite Iran warAnalysis: Reeves says ‘if economy ain’t broke, don’t fix it’Rachel Reeves has also ...
Finance ministry says report on Dar being handed budget-making process 'misleading, incorrect'
The Ministry of Finance said on Thursday that a media report claiming Deputy Prime Minister and Foreign Minister Ishaq Dar had been handed the budget-making process was “misleading” and “factually incorrect”. The clarification came after a report published by The Express Tribune said the government ...
Honda Posts First Ever Annual Loss After Pullback From E.V.s
The Japanese automaker posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
Cuba has run out of diesel and oil, energy minister says
The minister says the situation in Cuba is "extremely tense", as a US-led blockade of oil to the country causes widespread power cuts.
Oil Prices Rise as Trump Meets China’s Xi
The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to end the war.
Can Some Very Tiny Particles Cool the Planet? One Tech Company Says Yes.
Stardust Solutions says its tiny spheres can reflect the sun’s rays without harming people or the environment. Critics say private companies have no business altering Earth’s atmosphere.
Conservative Influencers Tap a Nonprofit to Pay for Their Security
A charity is raising money to provide security, arguing that protecting some of right-wing media’s biggest stars is a public good.
Crypto Industry Pushes a Bill to Tilt Regulation in Its Favor
After a series of political victories under President Trump, firms are lobbying Congress for a sweeping framework they helped shape.
‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh
Impact of disruption from Iran war may be felt into 2027 even if strait of Hormuz reopens, says aviation body bossIncreases in air fares for travellers in Europe are “inevitable” over the peak summer period because of the high cost of jet fuel, according to the head of the international aviation bod...
Changes to PIP payments
Finance expert Laura Pomfret explains to PIP payments.
Walmart cutting or relocating about 1,000 corporate jobs
Walmart is reportedly cutting or relocating 1,000 corporate jobs as it simplifies its operating structure and pursues a tech-focused growth strategy.
Rachel Reeves warns against putting economic stability at risk with leadership battle, after UK growth beats forecasts in March – business live
Chancellor says UK is in ‘a stronger position’ to deal with the costs of the Iran war, and insists government has ‘right economic plan’Rachel Reeves has also suggested she’ll announce details of help with the cost of living crisis next week.Speaking to BBC News this morning, the chancellor says:Next...
UK economy grew faster than expected in March
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
Rachel Reeves insists government has ‘right economic plan’ after UK growth beats forecasts in March – business live
Chancellor says UK is in ‘a stronger position’ to deal with the costs of the Iran war, and warns against putting economic stability at riskRachel Reeves has also suggested she’ll announce details of help with the cost of living crisis next week.Speaking to BBC News this morning, the chancellor says:...
UK economy grew 0.6% between January and March
The Office for National Statistics says growth picked up in the first three months of the year.
India bars sugar exports until September
India, one of the world’s largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from rising. The government prohibited exports “with immediate effect”, according to an order issued late on Wednesday, other th...
UK economy beats forecasts with 0.3% growth in March despite Iran war – business live
Rolling coverage of the latest economic and financial news, including the UK’s latest GDP reportChancellor Rachel Reeves can be forgiven for tooting her own trumpet this morning, after the UK economy grew faster than forecast in March.Following the news that GDP rose by 0.3% in March, and by 0.6% in...
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again
As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousBusiness live – latest updatesUK economy records surprise 0.3% growth despite Iran warAnalysis: Reeves says ‘if economy ain’t broke, don’t fix it’A rise...
UK GDP report to show how Iran war hurt economy in March – business live
Rolling coverage of the latest economic and financial news, including the UK’s latest GDP reportThe Iran war, and the resulting jump in borrowing costs, is dampening the UK housing market.My colleague Tom Knowles reports:Fears of higher mortgage rates and rising inflation as a result of the Middle E...
Honda Posts First Ever Annual Loss After Pullback From EVs
Honda posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.