Finance

A French court has rejected a Cameroonian businessman’s attempt to set aside an ICC award in favour of a Spanish food group based on allegations it terminated their partnership to benefit from corrupt links with Nigerian officials.

Proposal could net up to $250bn a year in extra revenue, says report commissioned by Brazil for G20

Here’s what it means for you

British trading platform CMC Markets (CMCX.L), opens new tab on Thursday forecast higher operating income in 2025 after a 52% jump in annual profit aided by strong retail and institutional trading and tight cost control measures, boosting shares to a near-two-year high.

The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4’s UK election, but the prospect of a future rate cut moved closer as some policymakers said their thinking was now "finely balanced".

Politicians shut down the Stormont Assembly for two years. Among the casualties: Northern Ireland’s hopes of greening its economy.

The metric bolsters a beleaguered Conservative party that had made inflation a central issue ahead of the July 4 election.

Finma watchdog says bank failed to carry out adequate checks of two high-risk business relationships

Global tech layoffs are nearing 100,000 this year as the likes of Tesla, Google and Microsoft continue to shed employees in a bid to satisfy investors.

Emmanuel Macron’s election gamble has caused France to lose its crown as Europe’s biggest stock market, with London retaking the title after spending most of the last two years in second place.

Some of the drivers say they were not paid in full and in some cases billed thousands for vehicle damage

Following protests from fans and artists, the bank Barclays has pulled its sponsorship from festivals including Download, Latitude and the Isle of Wight festival.

Dutch hauliers say facilities at border posts where some trucks are held for up to 20 hours are inadequate

Two former directors of BHS have been ordered to pay at least £18m to creditors over their role in the collapse of the retailer eight years ago.

Conservationists criticise ‘disappointing’ and ‘dangerous’ move to allow harpooning of fin whales after curbs last year

Union claims Whitbread, which also owns Premier Inn, has not consulted properly with restaurant staff

The final set of employment figures before polling day show wages continuing to grow at way more than double the rate of inflation, which is a double-edged sword for Rishi Sunak’s government.

Pay rise for Pennon Group CEO Susan Davy comes despite outrage over Devon diarrhoea outbreak caused by polluted water

TUC says only Costa Rica had similar increase in first quarter as ONS data expected to show further rise in April

Possible deal involves a multimillion-dollar payout to cloud association backed by Amazon.

From political witch-hunts and nobbling bank mergers to hacking Covid regulations, the ECB’s brushes with the law are varied and plentiful.

The company’s parent firm said its branding and UK headquarters would remain in place as part of the deal, along with its universal service obligation to "one-price-goes-anywhere" first class post six days a week.

Preparations are under way at major Channel crossing points for a new automated European Union (EU) border IT system due to start this October, despite fears of queue chaos for holidaymakers.