US and China end ‘constructive’ trade talks without breakthrough
EPAUS Treasury Secretary Scott Bessent said it would be up to the president whether the tariff truce would be extendedThe US and China have wrapped up another round of trade…
IMF upgrades global growth forecast as tariffs ease
Tom EspinerBusiness reporter, BBC NewsGetty ImagesThe International Monetary Fund (IMF) has predicted stronger global economic growth than it forecast in April in part due to some US tariffs on goods…
Wegovy maker Novo Nordisk warns of slower profits as rivals bite
Dearbail JordanBusiness reporter, BBC NewsThe Danish-maker of Wegovy and Ozempic has warned that its full-year sales and profits will not grow as quickly as expected as more "knock-off" weight-loss drugs…
Union Pacific deal could create first coast-to-coast US freight railroad
Bloomberg/Getty ImagesTwo of America's largest railroad companies are set to combine in an $85bn (£63.8bn) deal that would create the first firm with a coast-to-coast freight rail network in the…
Anglian Water to pay £62.8m over wastewater failures
Dearbail JordanBusiness reporter, BBC NewsAnglian Water is facing paying out £62.8m after an investigation by the industry regulator found a "serious breach" in how the company managed its sewage works.Ofwat…
Google launches new ‘AI mode’ search feature in UK
Zoe KleinmanTechnology editor•@zskGetty ImagesGoogle is rolling out a new tool in the UK that will generate results using artificial intelligence (AI), in a significant shake-up to the world's most popular…
Food prices driven up by high meat and tea costs
Rachel ClunBusiness reporter, BBC NewsRising meat and tea prices have helped drive up food price inflation for the sixth consecutive month, a survey suggests.Food prices rose by 4% in the…
China offers parents $1,500 in bid to boost births
Osmond ChiaBusiness reporter, BBC NewsReporting fromSingaporeParents in China are being offered 3,600 yuan (£375; $500) a year for each of their children under the age of three in the government's…
‘Nightmare’ tariff wall emerges for US companies
WazaAnri Seki, executive vice-president for Waza, says the deal with Japan feels unfairDonald Trump took the trade world by storm when he returned to office, announcing new and higher tariffs…
Could aluminium become the packaging ‘champion’?
MaryLou CostaTechnology ReporterMeadowSome packaging firms are betting on aluminiumIn front of me is a line-up of aluminium cans, but not a drink in sight.Instead, these cans have been designed to…