Politics
US building twice as much gas-fired capacity as China in AI boom, analysis finds
There has been a 76% increase in under-construction gas-fired projects amid ‘frenzy’ to build more datacenters
Politics
Politics
Lego sales jump 21% to nearly £5bn, helped by World Cup and F1 ranges
Lego sales have risen by more than a fifth as tie-ups with the football World Cup, Formula One and the hit film KPop Demon Hunters as well as its flower-based and Star Wars kits drive demand.
Politics
Two planned datacentres will have higher UK carbon emissions than ExxonMobil, analysis finds
The carbon emissions from just two planned datacentres in England will exceed all of the fossil fuel company ExxonMobil’s UK emissions, analysis has revealed.
Politics
‘Petty grievances’ and an alleged troublemaker: unsealed Murdoch court documents give rare glimpse into bitter succession battle
A year ago, Rupert Murdoch resolved the long-running fight over which of his children would control his sprawling media empire, ending a bitter legal battle and anointing his eldest son, Lachlan, as his successor.
Politics
Burnham refuses to rule out tax rises in autumn Budget
Andy Burnham has refused to rule out tax rises in the upcoming autumn Budget, saying he "won't be unrealistic" about the "challenging" state of public finances.
Politics
Europe’s heatwaves threaten insurers’ earnings, rating agency S&P says
Europe’s intense heatwaves could hit insurers’ earnings as companies face a rise in claims linked to heat-related deaths and worsening health conditions, the rating agency S&P has said.
Politics
Jersey earnings rise by 1.2% after inflation
Average earnings in Jersey grew by 1.2% in real terms in the year to June, according to new figures.
Politics
'What you see is what you pay' - why some US restaurants are banning tips
Wine waiter Caroline Kraetzer earns $40 (£30) an hour, double what most service staff in San Francisco are paid but then it costs a lot to eat at her restaurant.
Politics
US threatens severe sanctions against countries with economic ties to Iran
The US has threatened to impose severe sanctions against any country or entity maintaining economic ties with Iran, hoping to achieve with economic measures what military means have so far failed to do.
Politics
Trump announces new 50% tariff on Canadian cars, trucks and steel
Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada , the latest deterioration in trade relations between the two neighbors with historically strong economic ties.
Politics
US plans 7.5% China overcapacity tariff before Sept. 24 Xi-Trump summit
The Trump administration is preparing to impose a 7.5% tariff on Chinese goods under a Section 301 excess manufacturing capacity investigation — a rate that, when stacked onto the forced-labor duty imposed in July, woul…
Politics
Rupert Lowe set to be paid as much for divisive posts on Elon Musk’s X as for being MP
Restore Britain leader paid up to £1,476 an hour by platform, which critics say is financially incentivising inflammatory content
Politics
Bessent announces campaign to cut Iran from global economy
U.S. Treasury Secretary Scott Bessent announced new measures Monday evening aimed at further isolating Iran’s economy, in the hope that the sweeping pressure campaign he has described as the “largest economic offensive …
Politics
Problems brewing for the proper pint as Camra membership falls
For centuries, the wooden real ale pump has been the hallmark of a good British boozer. But now problems are brewing for the proper pint, as the Campaign for Real Ale has seen its membership sink to an eight-year low an…
Politics
Households in Great Britain ‘could owe energy suppliers £7bn by end of year’
Households in Great Britain could owe their energy suppliers as much as £7bn by the end of the year after higher gas and electricity prices forecast for the winter kick in, an industry group is warning.
Politics
Fast-fashion giant Shein sets cut-price $27bn valuation for Hong Kong IPO
Shein, which built a fast-fashion empire on what seemed like impossibly low prices , has been forced to lower its own valuation in a cut-price stock market float, after falling into the red earlier this year.
Politics
Thames Water creditors accused of ‘shuffling deckchairs’ with plan for new board
The group of creditors pursuing a rescue bid for Thames Water have been accused of shuffling the deckchairs on the Titanic after proposing an overhaul of the stricken utility’s board.
Politics
Piero Cipollone: Interview with ilsussidiario.net
What can be done to try to strengthen European firms, now that they are once again facing challenges because of external shocks?
Politics
Government vows to make business rate valuations for pubs and hotels fairer
The government has promised that business rate valuations will be “made fairer” for pubs and hotels in England and Wales, as Andy Burnham faces growing calls to help the UK’s struggling hospitality sector.
Politics
Former Abercrombie CEO mentally fit for sex-trafficking trial, judge says
Michael Jeffries is ruled mentally competent to stand trial after being hospitalized for months for dementia symptoms
Politics
CrossCountry cancels almost all rail services after power cut hits control centre
CrossCountry cancelled almost all of its train services in Great Britain on Sunday after a power cut in Birmingham hit its control centre.
Politics
Iran’s president says country faces ‘many problems’ as US ramps up sanctions
Authorities in Tehran have acknowledged that the Iranian people are facing “many problems” as the US intensifies its efforts to isolate the country’s economy with a range of sanctions that Donald Trump has called “the m…
Politics
‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war
Donald Trump has hit back at Canada after a breakdown in negotiations plunged the two countries into a trade war.
Politics
‘Pretty shambolic’: new EU border checks cause stress for UK travellers
On top of fears about extreme heat and possible jet fuel shortages , Britons planning summer holidays in the EU this year had another thing to worry about – long queues and waiting times caused by the bloc’s new border …