Business & Finance

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Published dates (RSS): 14 Aug – 26 Jun

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‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM

Burnham is coming under pressure from some to ditch net zero targets but this could be highly damaging on many levels UK politics live – latest updates Britain’s net zero economy is booming. The sector is worth £100bn a year to the UK , has outpaced other sectors , and supports higher-paying jobs than the average. For a union leader to suggest that the man who has overseen this impressive record…

Β· 1 MIN READ Β· The Guardian Business (UK)
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City of Paris achieves partial victory over TotalEnergies in climate risks case

French capital hails ‘landmark decision’ against oil firm relating to disclosure of emissions from oil and gas products A Paris court has ​ruled that the French oil company TotalEnergies must disclose the climate risks linked to emissions from its oil and gas products and set out plans to ⁠address them in a high-stakes case brought by NGOs and the city of Paris. The ruling on Thursday is a…

Β· 1 MIN READ Β· The Guardian Business (US)
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Key Fed inflation gauge rises to three-year high in May after gas prices peaked

Consumer prices rose 4.1% in May from a year earlier – a sign rising costs could pose problem for Trump in midterms The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for Donald Trump and his political party as midterm elections near. Consumer prices rose 4.1% in May from a year earlier, the…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Unison chief endorses Ed Miliband for chancellor in a Burnham government

Exclusive: Head of trade union backs energy secretary to replace Rachel Reeves, but two other big unions are opposed UK politics live – latest updates The boss of Britain’s biggest trade union has endorsed Ed Miliband for chancellor, as the race to take over the Treasury under a potential Andy Burnham government intensifies. Andrea Egan, the general secretary of Unison, has backed the energy…

Β· 1 MIN READ Β· The Guardian Business (UK)
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US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels

The case, Monsanto v Durnell, specifically dealt with claims that the company failed to warn users of product risks US politics live – latest updates The US supreme court has found in favor of the former Monsanto company in a ruling that is expected to block thousands of lawsuits filed by people alleging the key ingredient in the weed killer Roundup causes cancer. The decision was made in a 7-2…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz

Stock markets on both sides of Atlantic up as concerns ease over prospect of another inflationary shock Business live – latest updates Oil prices have fallen to pre-Iran war levels as more oil tankers exited the strait of Hormuz. Brent crude, the global benchmark, fell to a low of $72.24 a barrel on Thursday, slightly lower than the day before the US and Israel launched missile attacks on Tehran…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Trump Touts $11.1 Billion Aid Request to Woo Struggling Farmers

President Donald Trump had a surprise for the farmers he invited to dinner at the White House on Thursday: a request to Congress for $11.1 billion in assistance that would amount to the second bailout of the year for the beleaguered agriculture sector.

Β· 1 MIN READ Β· Bloomberg Markets
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Can a $290m film studio on a former cow paddock lure Hollywood to Perth?

Australia is drawing record levels of international screen production – and Western Australia is betting millions that Perth Film Studios can bring some of it west Tom Avison is just back from Los Angeles when I meet him at Perth Film Studios on a warm May morning. The studio’s inaugural chief executive was on a whirlwind sales trip, squeezing “about 16 or 17 meetings” into four days with the…

Β· 1 MIN READ Β· The Guardian Business (UK)
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Ship Struck in Hormuz as Oil Supertankers Turn Back Again

A ship was hit by an unidentified projectile in the Strait of Hormuz on Thursday in the first reported attack since an interim US-Iran peace deal, marking a setback to efforts to restore traffic through the vital energy thoroughfare.

Β· 1 MIN READ Β· Bloomberg Markets
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