US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs
More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal
Policy & regulation
Houthis say they struck Saudi ship in Red Sea, denting Mideast peace hopes
US President Donald Trump said on Wednesday, July 8, an interim agreement to end the war with Iran was “over” after Tehran carried out new attacks on US bases in the Gulf.
‘Leicester Square, please guv’: Self-driving taxis cleared for London streets ‘later this summer’
The taxi app company Uber and the autonomous technology developer Wayve have been granted the first minicab licences in London, allowing them to offer self-driving taxi rides to paying customers – but with a human safet…
Mideast deal hopes; SpaceX, AMD earnings in focus - what’s moving markets
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
Video game maker EA bought by Saudi-led group for $55bn
Electronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn).
Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts
Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union boss
Federal Reserve Board announces approval of the application by Coastal Bend Bancshares, Inc.
The Federal Reserve Board on Tuesday announced its approval of the application by Coastal Bend Bancshares, Inc., of Corpus Christi, Texas, to acquire First National Bank in Port Lavaca, of Port Lavaca, Texas.
Federal Reserve Board announces approval of the application by FS Bancorp, Inc.
Circle Internet Group received final approval from the Office of the Comptroller of the Currency on Friday to establish First National Digital Currency Bank, N.A. — a federally chartered national trust bank that will op…
Calls to ban disposable barbecues in England and Wales over wildfire risk
Farmers and landowners are calling for a temporary ban on disposable barbecues in England and Wales, as they warn of the risk of igniting wildfires.
Revealed: major oil firms make $93bn profits amid war and climate crisis
Eight of the biggest oil companies amassed profits of more than $90bn (£67bn) in just three months as the Iran conflict sent energy prices soaring and the emissions-fuelled climate crisis caused deadly heatwaves.
Trump administration reportedly drafting ban on Chinese datacenter components
Trump’s FCC is developing a measure to bar US imports of new models of Chinese datacenter devices, sources say
David Ellison claims opposition to his mega-merger stems from potential CNN control
With his $111bn deal to acquire the cable network’s parent company stalled in the courts, Ellison took to courting the public
Christopher Nolan’s The Odyssey gives UK poetry sales an epic boost
Poetry sales surpassed £8m in the first 30 weeks of 2026 and are expected to reach a record high this year thanks to blockbuster adaptation of Homer’s 2,700-year-old poem
Bessent says U.S. could have deal with Iran "today or tomorrow"
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Iran war whiplash; Palantir earnings ahead - what’s moving markets
Morgan Stanley on global equities, oil, Kharg Island, Palantir, Sysco and other headlines are moving the stock market this morning.
Tribunal upholds FCA ban on pair involved in pension transfer advice and reduces fines
The Upper Tribunal upheld the FCA's decision to ban Richard Fenech and Heather Dunne from working in financial services.
Gatwick airport to open second runway after legal challenge fails
Gatwick airport is to start development of its second runway after campaigners lost a legal challenge to the plans.
UK plastic ‘waste colonialism’ found to be polluting Turkey’s farming heartland
A Guardian investigation finds irrigation canals polluted with microplastics in Turkey, a major destination for UK waste
U.S.-Iran talks uncertain; Palantir, Snap report - what’s moving markets
August 4, 2026, 3:46 AM EDT. LIC shares dropped almost 9% after the government launched an offer for sale (OFS) of up to a 6.5% stake, setting a floor price of Rs 382, representing an 11% discount from the prior closing…
India plans tax cuts to boost foreign investment, Bloomberg reports
Investing.com-- India’s government plans to seek parliamentary approval for a series of tax measures aimed at attracting foreign investment and strengthening domestic manufacturing, Bloomberg News reported on Tuesday, c…
Price of olive oil expected to rise again as European crops feel the heat
Farmers across Europe are warning of a slump in food production and rising prices as crops from maize to salads suffer as a result of extreme heat, drought and wildfires.
Secondhand EV leasing hits the fast lane as more UK drivers explore ways to cut motoring costs
Numbers using finance rises 170% in a year as leasing firms boom alongside leapin secondhand vehicle supply and surging fuel prices
US states sue Trump administration over new tariffs on 60 trading partners
Coalition of 25 states asks US Court of International Trade to halt tariffs and declare them them unlawful
Warsh’s policy framework creates investor uncertainty, Citadel Securities says
Warsh said the move up in Treasury yields had already constrained financial conditions, so no rate change was needed.