Trump says he discussed firing Fed’s Powell but ‘highly unlikely’ he will
Trump on firing Powell: 'We're not planning on doing anything'President Donald Trump has said it is "highly unlikely" he will fire the head of the US central bank, hours after…
UK inflation rise complicates next month’s rate decision
While the economy started this year strongly, Wednesday saw another example of a surprise to the markets in the wrong direction.In May the economy slowed again, and now inflation has…
Boss of Guinness-owner Diageo suddenly steps down
The chief executive of Guinness-owner Diageo has stepped down with immediate effect, the drinks giant has announced.In an unusual move for a big corporation, Debra Crew has left her role…
Trip drink advert banned for claiming it makes you calm
Trip drink ad banned over claim it makes you calmFaarea MasudBusiness reporterTom EspinerBBC business reporterTripAn advert by Trip drinks has been banned for making unauthorised claims that it can "help…
Barclays fined £42m for poor money laundering checks
Faarea MasudBusiness reporter, BBC NewsBarclays Bank has been fined £42m by the UK's financial watchdog for failures in its money laundering risk management.The Financial Conduct Authority (FCA) said Barclays had…
Co-op boss says sorry to 6.5m people who had data stolen in hack
Joe TidyCyber correspondent, BBC World ServiceImran Rahman-JonesTechnology reporterWatch: Co-op boss says immediate action was taken when the data breach was discoveredThe chief executive of Co-op has confirmed that all 6.5…
US reaches tariff deal with Indonesia
US President Donald Trump has settled on another tariff deal - this time with Indonesia. Both Trump and Indonesian President Prabowo Subianto said the tariffs faced by the southeast Asian…
UK inflation hits highest rate for almost a year and a half
Lucy Hooker and Connie BowkerBusiness reporters, BBC NewsGetty ImagesPrices rose by more than expected in the year to June, pushing inflation to 3.6%, the highest it has been since January…
Food prices remain ‘stubbornly high’ in Northern Ireland as inflation rate rises
'No respite for consumer' as food prices remain 'stubbornly high'Clodagh Rice and Eamonn McGurkBBC News NIBBCNeil Gamble, from the Henderson Group, says "food price inflation remains stubbornly high"There will be…
Pop Mart: Labubu firm sees profit soaring by at least 350%
Osmond ChiaBusiness reporter, BBC NewsReporting fromSingaporePop Mart, the Chinese toy firm behind the hugely popular Labubu dolls, has said its profits are set to soar for the first six months…