News from The Guardian – Business
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Elizabeth Warren presses oil companies on tax break lobbying for Senate bill
Senator Elizabeth Warren is seeking clarification from energy firms regarding a potential legislative provision that might eliminate their federal income tax obligations, impacting...
Read Full Article →The arithmetic is tricky for a Shell bid for BP today. Next year may be different
Shell's potential acquisition of BP depends heavily on future shifts in share value and strategic adjustments, as current financial conditions and leadership changes influence the...
Read Full Article →Cutting down forests to feed Drax incurs a huge carbon cost | Letters
Subsidizing biomass energy by allocating billions to power stations like Drax has significant financial implications, as it supports practices with long-term environmental costs an...
Read Full Article →Number of higher-rate UK taxpayers expected to hit more than 7m this year
Due to unchanged income tax thresholds since 2021, an additional half a million individuals in the UK will face a higher marginal tax rate on certain earnings in the upcoming fisca...
Read Full Article →Growing signs of slowdown in UK jobs market, says Bank of England governor
The anticipated reduction in employment opportunities and moderation in wage increases may influence the Bank of England's upcoming decision on interest rates amid changing economi...
Read Full Article →Tennis chiefs lobby gambling firms to close accounts of those abusing female players
The financial impact on gambling companies could be significant as tennis organizations push for account closures linked to abusive messages, potentially reducing revenue from cust...
Read Full Article →Ministers refuse to name companies that lobbied them over foreign ownership of UK newspapers
The refusal to disclose which entities influenced recent adjustments in ownership rules may affect investor confidence and transparency in the media sector’s financial landscape in...
Read Full Article →Norway’s €19bn software company Visma picks London for IPO
The potential public offering of this major Norwegian software firm in London could strengthen the city’s financial markets by attracting significant investment following recent de...
Read Full Article →Clothing prices rising in US as Trump tariffs kick in, H&M boss says
Earlier modifications to trade policies have led to increased costs for importers, prompting some major apparel companies in the US to adjust their pricing strategies accordingly.
Read Full Article →Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – b...
The government recognizes the considerable demands placed on businesses amid recent fiscal policies and emphasizes its commitment to economic stability and future-focused investmen...
Read Full Article →Jes Staley loses legal case over City ban for misleading watchdog over Epstein links
The ruling confirms that Jes Staley is permanently prohibited from senior financial leadership roles in the United Kingdom, reflecting regulatory efforts to maintain integrity in t...
Read Full Article →Dollar falls to three-year low after report Trump may name next Fed chair early
The US currency's decline to its lowest point in three years reflects market uncertainty over potential changes in Federal Reserve leadership and anticipated shifts in monetary pol...
Read Full Article →Britain’s biggest biofuel plant could close over impact of UK-US trade deal
The potential shutdown of the Hull bioethanol facility poses financial risks, including significant job losses and challenges to the UK’s renewable energy sector, following recent...
Read Full Article →A broken housing market is driving inequality right across Europe – and fuelling the far right | Kir...
Widespread increases in housing costs across Europe have intensified economic disparities, impacting social stability and influencing political dynamics in various countries throug...
Read Full Article →BBC to start charging US-based consumers for news and TV coverage
The BBC plans to introduce a subscription fee for viewers in the United States, aiming to generate additional revenue by providing enhanced access to its news and television servic...
Read Full Article →Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumours
Shell’s decision to refrain from pursuing a large-scale acquisition of BP maintains current market dynamics and avoids potential shifts in valuation within the UK oil and gas secto...
Read Full Article →Shipping is one of the world’s dirtiest industries – could this invention finally clean up cargo fle...
If successfully implemented, this innovative carbon-capturing technology could reduce emissions for cargo shipping companies, potentially leading to substantial cost savings and in...
Read Full Article →China breaks more records with surge in solar and wind power
China's extensive additions to renewable energy capacity represent a significant financial investment that could reshape global energy markets and influence future economic growth...
Read Full Article →This ruthless pursuit of disabled people has damaged Labour – no matter what happens next | Frances...
The proposed reduction of financial support for disabled individuals has sparked significant internal opposition within Labour, highlighting potential long-term impacts on the part...
Read Full Article →MPs urge Amazon and eBay to tighten controls on ebike and charger sales
Parliamentary concerns highlight potential financial risks for Amazon and eBay due to the sale of non-compliant e-bikes and chargers, which may lead to regulatory actions or increa...
Read Full Article →Post-Brexit Britain ‘too focused’ on major trade deals, ministers say
The government plans to prioritize smaller, more flexible trade agreements to potentially enhance economic adaptability and reduce risks associated with pursuing large-scale intern...
Read Full Article →It’s also a ‘new era’ for share prices in the defence sector
Increased NATO defense expenditures have revitalized Babcock International’s financial health, resulting in a significant stock price surge and improved operating margins that sign...
Read Full Article →Mexico’s president threatens to sue over SpaceX debris from rocket explosions
Potential legal disputes between Mexico and SpaceX could lead to financial liabilities and increased operational costs for the company due to environmental damage and regulatory ch...
Read Full Article →People in the US: have you fallen behind on federal student loan payments?
As of April 2025, approximately 5.8 million federal student loan borrowers in the US face increased financial challenges, with nearly one-third seriously overdue on payments follow...
Read Full Article →British Business Bank back in the spotlight with £10bn UK growth mandate
The British Business Bank has secured a substantial £10 billion investment directive aimed at stimulating growth across eight significant sectors within the UK economy, enhancing i...
Read Full Article →Shell in early talks to buy rival BP to create oil giant – reports
A potential £60 billion transaction between two leading British energy firms could establish one of the largest global oil and gas corporations with a combined value exceeding £200...
Read Full Article →Meta boss praises new US army division enlisting tech execs as lieutenant colonels
The collaboration between the US Army and prominent technology executives suggests potential advancements in defense innovation that could influence investment strategies and drive...
Read Full Article →Dating app Bumble to lay off hundreds of staff amid turnaround bid
Bumble’s decision to reduce its global headcount by nearly one-third reflects a strategic move to improve operational efficiency and enhance financial performance during a period o...
Read Full Article →Chinese exports to UK rise as firms seek to avoid US tariffs
The substantial increase in shipments from China to the United Kingdom may influence local market prices and consumer costs, reflecting shifts in global trade dynamics and tariff a...
Read Full Article →Asda owner slumps to near £600m loss as sales fall
The company experienced a substantial financial setback last year due to declining sales and rising expenses related to debt management and IT system transitions inherited from its...
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