Business and economic news — companies, markets, trade, and corporate developments.
Can the EU make it harder to trick consumers online?
The European Commission proposed a Digital Fairness Act on Wednesday to restrict manipulative online practices that trap consumers into unwanted charg…
Healey pledges cheaper marmalade and gherkins in pre-Budget package of 'everyday fixes'
Chancellor John Healey will remove import tariffs on marmalade, gherkins and more than 100 other products ahead of Wednesday's Budget, aiming to reduc…
Data centre debate heats up ahead of US midterms - here's what you need to know
Data centre expansion has emerged as an unexpected political flashpoint in the US midterm elections scheduled for November 3, with both Republicans an…
From agriculture to AI-griculture: How tech is changing farming
George McMaster once relied on his eyes to spot illness in his eight cows. Now he watches his 300-head herd through an AI camera in the milking parlou…
Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home
Audi announced a $4 billion investment to build its first factory in the United States, a facility that will create 4,500 jobs in Macon, Georgia. Audi…
No unions, low taxes: why some of Britain’s top chefs are opening outposts in Gulf states
James Robson, co-owner of Fallow in St James's Market, a high-volume London restaurant serving 1,000 people daily, has signed a deal to open a branch …
Some of Europe’s highest energy costs expected in Britain this winter
Great Britain faces some of Europe's highest energy costs this winter as the country relies heavily on imports to meet demand, according to official f…
Australia’s largest datacentre operator NextDC’s shares dive as Melbourne expansion delayed
NextDC, Australia's largest datacentre operator, announced Wednesday that it has delayed expansion of its west Melbourne facility after community oppo…
European air fares could rise by as much as 20% in 2027, Ryanair boss predicts
Ryanair Chief Executive Michael O'Leary predicts European air fares could rise by as much as 20% in 2027, citing elevated jet fuel costs driven by Mid…
China’s economy grows faster than forecast after AI boom boosts exports
China's economy expanded at a faster pace than expected in the third quarter, driven by robust exports linked to artificial intelligence demand and el…
Tech market sell-off deepens amid fears over US inflation and AI debt
Tech stocks plunged globally on concerns that rising US inflation will force interest rate increases, intensifying pressure on an AI sector already bu…
Bedbug infestation forces Qantas to ground plane in Rome
Qantas grounded a Boeing 787 Dreamliner in Rome after bedbugs were discovered on the aircraft during flight QF5 from Perth on 9 October, according to …
EU to limit Chinese hybrid vehicle imports to 350,000 a year
The European Commission has confirmed a quota limiting Chinese hybrid electric vehicle imports to 350,000 units annually, according to The Guardian. T…
Stellantis and Renault back UK to get EU car industry protection
Stellantis and Renault, major European automakers, have called for the UK to be included in proposed EU protectionist rules for the car industry, acco…
Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company
Firmus Technologies abandoned its planned initial public offering on Australia's ASX after investor demand evaporated for what would have been the cou…
Adidas accuses Australian label White Fox of ‘trading off its reputation’ with use of four-stripe branding
Adidas filed a Federal Court lawsuit against Australian online retailer White Fox, accusing the fast-fashion label of infringing its trademark three-s…
Japan beer giants raided over suspicions they colluded to set the price of beverages
Japan's Fair Trade Commission raided the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries this week on suspicion of price…
EU negotiators head to China hoping to curb cheap imports of hybrid electric cars
EU trade negotiators led by Commissioner Maroš Šefčovič travel to China this week for talks aimed at restricting Chinese exports of cheap hybrid elect…
Ikea to pilot online buyback service for secondhand furniture
Ikea will pilot an online buyback service for secondhand furniture in Spain and Portugal before the end of December, with a potential UK launch if the…
Britain in talks with European allies over release of emergency diesel stockpiles
Britain has opened discussions with European allies about releasing emergency diesel reserves following Donald Trump's threat to restrict US fuel expo…