Business
Ed Miliband looking into more North Sea drilling despite Labour pledge | Energy industry
Ed Miliband is planning to encourage drilling in the North Sea despite a manifesto promise not to grant new licences on new parts of the British sea bed. The energy secretary is looking at ways in which the government can allow companies to look for and produce more oil and gas without breaking Labour’s pre-election […]
Australia news live: Penny Wong tackles Trump climate claims; EU leader ‘inspired’ by Australian social media ban for kids | Australia news
Key events Show key events only Please turn on JavaScript to use this feature Tom McIlroy Von der Leyen said social media platforms are working as intended, “to attract and addict children through manipulative algorithms.” She said she was establishing a panel of experts to assess the best options for European Union member states and […]
Australia news live: Albanese heads to Trump reception in New York; number of regular gamblers rising | Australia news
Key events Show key events only Please turn on JavaScript to use this feature Mal Lanyon named as NSW new police commissioner Anne Davies Controversial deputy commissioner, Mal Lanyon has been named New South Wales’s new police commissioner, replacing Karen Webb. The 38-year-old veteran of the NSW Police is due to be announced by the […]
UK to suffer highest inflation in G7 this year, says OECD | Global economy
The UK is expected to suffer the highest inflation among G7 nations this year, the Organisation for Economic Co-operation and Development has said. Amid resurgent food prices, with some retailers blaming the UK government’s £25bn-a-year increase in employer national insurance contributions (NICs) for pushing up costs, the OECD predicts that inflation in the UK will […]
B&Q owner lifts profit forecast amid strong demand for kitchens | Kingfisher
The owner of B&Q and Screwfix has upgraded its profit forecast after reporting strong demand for its new kitchen ranges and garden products amid good summer weather. Kingfisher, which runs DIY stores across Europe, including Castorama and Brico Dépôt France in France, posted sales growth of 1.9% at established stores in the six months to […]
Australia news live: AMA president says ‘no studies’ support Trump claim about paracetamol; PM remembers Zomi Frankcom in UN speech | Australia news
AMA president says no studies show paracetamol use in pregnancy causes autism Danielle McMullen, the president of the Australian Medical Association (AMA), said this morning there are no studies showing paracetamol use in pregnancy causes autism. McMullen spoke to RN Breakfast following US president Donald Trump’s assertion that the popular painkiller was linked to autism […]
Vodafone franchisees warned of ‘massive impact’ of commission cuts on mental health | Vodafone
Vodafone franchisees warned the telecoms group of the “massive impact” commission cuts were having on their mental health four years before a group of 62 launched a £120m high court claim against the company, it has emerged. Franchisees of the high street chain said they were feeling stressed and had suffered from “anxiety” as a […]
Optus will face ‘significant consequences’ for triple zero failure linked to deaths, minister says | Optus
The federal government has promised Optus will “suffer significant consequences” after multiple deaths were recorded during the telco’s triple zero outage, with major financial penalties likely. The communications regulator said it wasn’t informed of the outage by Optus until hours after it had been resolved – and that the company had provided “inaccurate” information. The […]
Disruption continues at Heathrow, Brussels and Berlin airports after cyber-attack | Airline industry
Hundreds of thousands of passengers at Heathrow and Berlin airports faced flight delays on Sunday after a cyber-attack hit check-in desk software, while cancellations at Brussels airport suggested that disruption for Europe’s air travel would continue into Monday. Airlines were forced to revert to slower manual check-ins from Friday night after the attack hit Collins […]
Wealth tax would be deadly for French economy, says Europe’s richest man | Bernard Arnault
Europe’s richest man, the luxury goods magnate Bernard Arnault, has said that a wealth tax that could cost him more than €1bn (£817m) would be deadly for France’s economy. The French founder of LVMH Moët Hennessy Louis Vuitton said in a statement to the Sunday Times that calls for a 2% wealth tax on all […]