News

Oil tumbles below $90 after pause in fighting between the US and Iran but experts still fear rates hike

Today

Brent crude had been trading at above $100 last week amid a resumption of hostilities in the Middle East, closing at $96.78 a barrel on Friday.

Showbiz backing for Britain: Cumberbatch and Co are right to raise the alarm over Warner Bros takeover, says ALEX BRUMMER

Today

An op-ed in the Guardian by actors Alan Cumming, Benedict Cumberbatch and Benedict Wong opposes the takeover of Warner Bros by Paramount.

AstraZeneca shares soar amid strong demand for cancer treatments

Today

Revenues for the first half rose 6% to £23bn while profits rose 2% to £5bn. Chief exec Pascal Soriot, pictured, pointed to booming sales of specific canc

LVMH back in fashion as sales in the U.S. surge but Iran war hits spending in Europe

Today

The group, controlled by billionaire Bernard Arnault, said sales rose 3% to £16.7bn in the three months to June. In the US, sales rose by 6%.

Takeover fever persists as FTSE 100 firm DCC agrees a £5.75bn sale to US predators

Today

DCC gave its backing to the deal with private equity firms KKR and Energy Capital Partners. It was a slight improvement on a £5.7bn offer last month.

Europe faces energy crisis with gas storage levels ahead of the winter at historic lows

Today

A report from energy consultants Wood Mackenzie said that storage across European sites stood at just 54% of capacity, well below normal for late July.

Shein slumps to £74m quarterly loss after Trump's crackdown on small parcels from China

Today

The loss for the three months to the end of March compares to a profit of £296m a year earlier. Sales for the period were up 1.1% to £6.8bn.

Everyman buoyed by surge in cinema visits but cautions over 'challenging economic environment'

Today

The upmarket chain, which has 49 cinemas, said there had been 2.6M admissions in six months - up a fifth on last year.

'I earned a modest salary but I've built up a £2MILLION Isa pot by taking these simple steps': Jane's story sounds incredible but here's how anyone can do it - plus her exact investments

Today

I met Jane this month at the annual general meeting of investment trust Templeton Emerging Markets, her biggest holding. I interviewed her a few days ago - and she didn't disappoint.

'Unexceptional' classics from the 70s to the 90s gather as mundane cars near extinction: Did you own one?

Today

Poor build quality, rust and accidents have wiped out vast numbers of cars, meaning some are now rarer than classic Ferraris and Lamborghinis.

Petrol expected to hit 160p a litre this week - the highest price since Iran conflict began

Today

Petrol rose 0.6p over the weekend to an average of 157.81p and diesel rose 1p to 175.71p. And the RAC says prices will continue rising this week.

Discovery Sport axed: Land Rover will kill off it cheapest model this year

Today

The introduction of more stringent EU safety regulations and the Merseyside factory being retooled for electric cars - has effectively lowered the curtain on the Disco Sport.

AstraZeneca boss says AI won't replace many jobs at his firm... but will make workers 'smarter and faster'

Today

Pascal Soriot, the chief executive of one of Britain's biggest companies, said that he does not expect a 'big reduction' in jobs at his group due to AI.

SMALL CAP IDEA: Shearwater is a cyber minnow riding the AI threat wave

Today

Every few years a technology comes along that keeps company bosses awake at night, and right now it is artificial intelligence, though not for the reason the headlines usually suggest.

Meet Poochie, the robot dog who could soon be doing safety checks on your plane

Today

He can scamper about on all fours and even lift a mechanical paw to give you a wave.

Councils are using AI snooping to find sites to build homes: Is YOUR area doing it?

Today

Councils across Britain have used tech and artificial intelligence to trawl through data about their local areas and identify land that could be used for property developments.

Hundreds of veterans ordered to repay tens of thousands of pounds to Treasury after pension error

Today

Campaigners are calling for Treasury to write off £5.1million overpayments for veterans like Thomas Meadows (pictured) who has been ordered to pay back £18,200.

I paid extra voluntary contributions into my pension but the scheme denies they existed: STEVE WEBB replies

Today

I contacted my pension administrator to check if the amount I get includes my added voluntary contributions, as there has never been any mention of them on correspondence.

No 10 North land deal was 'unlawful': Legal blow for Burnham as top barrister claims Manchester City Council broke rules buying site

Today

Christopher Knight KC, acting on behalf of property mogul Aubrey Weis, believes officials twice broke the law before acquiring the leasehold for the 10.5-acre former Central Retail Park site.

How to invest tax-free: When you should use a pension or an Isa and other tips to beat the taxman

Today

The main levies investors need to worry about are capital gains tax, dividend tax and income tax on bond coupons, but you can avoid them if you invest smart.

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