Labour manifesto pledge features in a package of reforms that will lead to legislation later in this parliament
Swiss watchmaker reports near 90% drop in net income as GreenWood Advisors steps up its campaign for board seat
Move is first step in potentially years-long battle between European Commission and Madrid
Companies faced higher taxes and uncertainty from US trade war
Shares rally as much as 10% as investors are cheered by impact of turnaround plan
World’s biggest chipmaker downbeat on outlook due to tariffs and weak dollar
England and Wales recorded their driest start to the year in decades
UK raises more from shrinking pool of wealthy residents
Brussels also considering export controls if trade talks with Washington fail
Government withdrawal from southern Sweida province follows days of sectarian clashes and Israeli strikes
NPR and PBS would lose federal funding under measure that now goes back to House of Representatives
Group agrees takeover of salmon farms from Norway’s Grieg Seafood as corporate Japan closes in on 5,000 deals this year
Low-cost airline flags £25mn hit as it reports quarterly profits one-fifth higher than same period last year
Canadian owner of Circle K chain blames lack of ‘constructive engagement’ by Japan’s Seven & i
French group raises full year growth outlook after winning business from rivals WPP and IPG
Thanks for all the money, Punks
Veteran centrist gambles on left-leaning MPs being willing to abstain on proposal to cut deficit
Change led by a sharp drop in Syrians seeking protection in the bloc after Bashar al-Assad’s fall from power
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations
Confusion over which models qualify for UK discounts will deter buyers, some in the industry warn
EU was expected to finalise its investigation before the bloc’s summer recess but will now miss this deadline
Britain ‘cannot afford to scare capital away’, says boss of Royal Bank of Canada
Reform of how offenders are released would ease staffing pressures at independent body, Caroline Corby says
Jain Global’s first year showcases the huge barriers to entry of starting a new multi-strategy hedge fund
Opinion polls point to a desire for a ceasefire - why is Netanyahu resisting?
