Trending Business News
US treasury secretary hails government’s buy back of bonds a success
Treasury Secretary Scott Bessent declared the US government’s bond buyback program a success, though 10-year Treasury yields have reached their highest level since 2007.
NFL set for first-ever game in Melbourne, Australia, in international expansion
The NFL will play a record nine international regular-season games in 2026, beginning with the 49ers and Rams facing off in Melbourne, Australia, the league’s first game in the country.
Primark finally set to launch online deliveries
Primark plans to launch home delivery in Britain after purchasing a Sheffield warehouse, marking a major shift from its resistance to online sales over several years.
Ministers face backlash from hospitality industry over ‘tourist tax’ plans
England’s mayors will gain power to levy taxes on holiday accommodations like hotels and Airbnbs, welcomed by regional leaders but opposed by hospitality businesses concerned about job losses and economic damage.
Alstom to build new battery-electric train fleet
The UK’s first battery-electric trains for long-distance services will be built by Alstom at its Derby facility, with construction beginning in 2028 and service expected in 2034.
Amid war and sanctions, many Iranians are losing their jobs and struggling to get by
Since a military conflict erupted over six months ago, Iran’s economy has collapsed, driving inflation and widespread job losses as ordinary citizens struggle to afford basic necessities and secure stable employment.
Mohamed Al Fayed abuse compensation claims could reach £150m, says law firm
Compensation claims from 275 survivors of alleged sexual abuse by former Harrods owner Mohamed Al Fayed could reach £100m-£150m, potentially exceeding the store’s £51.8m compensation reserve.
‘Culture shift’ needed in how UK does business, Andy Burnham urges
UK Prime Minister urges business leaders to embrace a cultural shift toward greater partnership between government and industry ahead of meeting with major corporate executives.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major U.S. automakers are urging Congress to enact a permanent ban on Chinese connected vehicles, hardware, and software before the end of the current legislative session.
Rail passengers get automatic right to switch operators for free when trains are cancelled
Rail passengers in Britain will gain automatic rights to travel on competing operators’ trains at no extra cost when their service is cancelled, effective later this week.
Thames Water redraws mega-reservoir plan amid local opposition
Thames Water has revised plans for a massive Oxfordshire reservoir amid local opposition and cost concerns, with estimates climbing to £5.5bn-£7.5bn from an initial £2.2bn projection.
GM vs. Ford: U.S. defense, energy sectors add to automakers’ century-old rivalry
General Motors and Ford are expanding beyond automotive manufacturing into U.S. military contracts and energy storage systems, potentially creating new revenue streams as traditional vehicle sales decline.
US to ban imports of some Canadian alcohol, dairy goods and motorbikes
The US will ban imports of Canadian alcoholic spirits, dairy goods, and motorbikes starting September 29, escalating a months-long trade war after Canada implemented retaliatory tariffs on American products.
Tax banks to cut energy bills, unions tell Andy Burnham
Trade unions urge the government to introduce income-based energy bill discounts funded by restoring a bank surcharge to help struggling households with heating costs this winter.
John Lewis losses widen to £124m as shopper confidence dips
John Lewis Partnership’s first-half losses widened to £124m as consumer confidence declined and costs rose. The owner of John Lewis and Waitrose reported struggling with higher expenses and cautious shoppers.
Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK
Central bankers in the US, Japan, and UK face decisions this week as surging inflation and rising oil prices reignite debate over interest rate increases amid geopolitical tensions.
Trump administration expresses ‘profound concern’ over Ford’s ties to China
The Trump administration expressed concern about Ford Motor’s business relationships with Chinese companies, citing potential risks to U.S. automotive manufacturing and national security interests.
JP Morgan boss meets Burnham and Healey to warn against bank tax rise
JP Morgan chief Jamie Dimon met UK leaders to caution against raising bank taxes, warning such increases could threaten investment and employment in the country.
UK economy sees surprise growth in July helped by AI boom
The UK economy grew 0.4% in July, beating expectations, partly driven by artificial intelligence and computer programming businesses expanding activity.
Rising oil prices create ‘huge worry’ as winter looms
Rising heating oil prices driven by geopolitical tensions are creating financial strain for thousands of households in southwest England and the Channel Islands ahead of winter, officials warn.
Firms scramble for battery power in Spain and Portugal
Following a major power outage in Spain and Portugal, industrial firms are rapidly investing in battery storage systems to protect operations from future disruptions and power cuts.
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Business Articles
Autonomous Rideshares Continue to Grow in the US
Artificial intelligence is transforming the way people interact with their computers and other smart machines. How much will it also affect the way the public commutes to work, school, and elsewhere? Leading the change are well-known companies, such as Waymo and...
Considering a US Employment Visa: Understanding Your Options
According to the United States' Bureau of Consular Affairs, the U.S. makes approximately 140,000 permanent worker employment-based visas available every year in addition to many temporary worker visas. Yet, since the presidential inauguration on January 20, 2025,...
Challenger Motor Freight Outlines How the Freight Industry is Encouraging a Safety-Oriented Mindset Within Drivers
Long-haul trucking is a noble profession, providing large numbers of Michiganders with decent, good-paying jobs that deliver a necessary service. The most recent statistics indicate that more than 50,000 people are employed as long-haul and freight drivers in the...
Foodie’s Guide: How To Craft Custom Credential Badges for Food Events
A recent YouGov survey found that 43% of consumers are more likely to attend food events than other conventions in the next 12 months. For any business seeking ways to increase brand visibility, a food festival can be an excellent way to attract target audiences....