Trump threatens ‘tremendous economic consequences’ on any country helping Iran
President Donald Trump has said the US will inflict "TREMENDOUS Economic Consequences" on any country that helps or does business with Iran.He wrote in all capital letters on Truth Social…
Canada and US say they are finalising a trade deal
Canada and the US are finalising a highly anticipated trade deal, with President Donald Trump and Prime Minister Mark Carney touting it as a success. Trump said the proposed deal…
US national debt passes $40tn after doubling in a decade
US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show.The rise reflects years of heavy spending under both the Donald Trump…
L’Oreal, Estée Lauder: India’s Gen Z are driving up a mega boom in its beauty market
India's beauty brands have been drawing a lot of interest from global capital recently. Earlier this year in March, American luxury cosmetics maker Estée Lauder fully acquired, external the homegrown…
I quit my £80,000 job to make ice cream – here’s how
Image source, Vivien WongImage caption, Vivien Wong founded mochi brand Little Moons with her brother HowardByYasmin RufoBusiness reporter At 28, Vivien Wong walked away from an £80,000-a-year accounting job to…
Target receives $1bn boost from Trump tariff refunds
Target has revealed it has received almost $1bn (£733.9m) in tariff refunds from the US government which boosted the retailer's latest profits.The American chain said it received a $994 million…
81,000 warning letters sent to crypto holders in HMRC tax crackdown
HM Revenue and Customs (HMRC) sent more than 81,000 letters warning cryptocurrency holders they may owe capital gains tax in the past year.A Freedom of Information (FOI) request seen by…
Jump in energy bills drives UK inflation to highest rate for four months
Higher energy bills drove UK inflation up to 2.9% in the year to July, the highest level in four months, according to new figures.Gas prices soared at the sharpest pace…
Monzo says issue with card payments and transfers now resolved
Monzo says a technical issue which left users unable to use their card for payments or transfers has now been resolved.The digital bank had previously posted on X, external it…
Train track defect found before Lewes derailment, report says
Image source, BBC / Oliver Whitfield-MiocicImage caption, Recovery work is continuing after a train left the tracks near LewesByKaty AustinTransport correspondent and Patrick BarlowSouth EastA defect was found on railway tracks in…