General Motors and China’s SAIC Motor extended their Chinese joint venture for 20 years through 2047, focusing on domestic sales and international exports amid evolving market competition.

UK banks reported £29.2bn in combined profits, reigniting calls for a windfall tax under Prime Minister Andy Burnham, though banking executives warn of potential economic consequences.

Next upgraded its profit guidance for the third time this year, raising full-year expectations to £1.2bn as summer weather and international demand boosted sales performance.

UK farmers warn that exceptionally dry weather could produce the worst harvest on record, potentially leading to smaller vegetables and higher prices in supermarkets through shrinkflation.

Gibraltar and Spain are scheduled to remove border controls on July 15, ending decades of frontier restrictions and allowing free movement between the British territory and the EU following Brexit negotiations.

India seeks to reduce dependence on imported strawberry varieties by developing domestic cultivars through gamma irradiation breeding and advancing cultivation technologies in its primary growing region.

FIFA’s plan to sell a minority stake in a World Cup subsidiary to private equity investors faces strong opposition from European and North American soccer governing bodies over concerns about outside influence.

An ECB official warns that climate change and ecosystem collapse pose growing risks to financial stability, as the central bank intensifies monitoring of nature-related financial hazards affecting European banks.

Apple has launched a new legal challenge against a UK government demand for backdoor access to encrypted user data, continuing a dispute that began in early 2025.