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Emer MoreauBusiness reporter Getty Images A major lawsuit against five leading carmakers accused of cheating on emissions tests is set to begin at the High Court on Monday. The trial is the latest chapter of what has become known as the “dieselgate” scandal, with the companies facing allegations they used software to allow their cars…
Michael Sheils McNameeBusiness reporter EPA Chancellor Rachel Reeves should avoid “directionless tinkering and half-baked fixes” when trying to boost the government’s tax take in next month’s Budget, a leading think tank has said. Taxes are widely expected to go up in the Budget, with pressure on the chancellor to raise money in order to meet…
Donald Trump’s latest threat to impose an additional 100% tariff on Chinese goods is “a typical example of US double standards”, China’s government has said. A Commerce Ministry spokesperson also said China could introduce its own unspecified “countermeasures” if the US President carries out his threat, adding it was “not afraid” of a possible trade…
Suranjana TewariAsia business correspondent, Tokyo and Peter HoskinsBusiness reporter Reuters Asahi Super Dry is Japan’s most popular beer Only four bottles of Asahi Super Dry beer are left on the shelves of Ben Thai, a cosy restaurant in the Tokyo suburb of Sengawacho. Its owner, Sakaolath Sugizaki, expects to get a few more soon, but…
President Donald Trump has threatened to pull out of an expected meeting with President Xi Jinping of China after Beijing tightened its rules for exports of rare earths. In a post on social media, Trump said he now saw “no reason” to meet with President Xi later this month, accusing China of “becoming very hostile”…
Getty Images There has been speculation that November’s Budget could see Chancellor Rachel Reeves break Labour’s pre-election pledge not to increase income tax, National Insurance (NI) or VAT for working people. It’s been suggested that she could extend a freeze to the income thresholds at which people start paying the taxes, or have to pay…
Google may have to make changes in the UK so people have more choice over which search engine they use, following a landmark decision from the regulator. The Competition and Markets Authority (CMA) has designated Google with “strategic market status” under a law which came into force in January. The decision does not mean the…
Imogen FoulkesBern, Switzerland AFP via Getty Images So far President Karin Keller-Sutter has failed to reduce US tariffs on Swiss goods President Trump’s tariffs have caused shock worldwide, with governments scrambling to find a deal to placate him. Some have managed: the UK got in first, with a sweet deal of just 10%, the European…
Drivers should not be forced to use mobile apps to pay for parking, the RAC has said, after three-quarters of drivers it surveyed said they had issues with them. The most common problem was poor phone signal in the car park, followed by the app not recognising the car park the driver was in. The…
Zoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
