3 d. ago Eurostar services disrupted after ‘cable theft’ leads to delays and cancellations – business live

Six trains between London and Paris cancelled after theft of cables at Lille leave passengers strandedPeople in the UK: how is AI changing job-seeking for university graduates?The price of the world’s first malaria vaccine for children in endemic countries will be reduced by more than half, to less than $5, according to the drugmakers GSK and Bharat Biotech.The vaccine, called Mosquirix or RTS,S, was developed by GSK and the non-profit health organisation PATH, and was the first malaria vaccine to be recommended by the World Health Organization in October 2021. It is one of two malaria shots recommended by the WHO.“As an epidemiologist working in malaria vaccine development and delivery, I have seen the impact malaria vaccines are already having on children in high-burden regions of Africa. As a result of the collaboration between the research community in implementing endemic countries, industry, NGOs and multilateral organisations, the world’s first malaria vaccine is helping to r...

Politics

3 d. ago Tesla’s EU sales slump continues; Eurostar services disrupted after ‘cable theft’ – business live

Six trains between London and Paris cancelled after theft of cables at Lille leave passengers strandedThe price of the world’s first malaria vaccine for children in endemic countries will be reduced by more than half, to less than $5, according to the drugmakers GSK and Bharat Biotech.The vaccine, called Mosquirix or RTS,S, was developed by GSK and the non-profit health organisation PATH, and was the first malaria vaccine to be recommended by the World Health Organization in October 2021. It is one of two malaria shots recommended by the WHO.“As an epidemiologist working in malaria vaccine development and delivery, I have seen the impact malaria vaccines are already having on children in high-burden regions of Africa. As a result of the collaboration between the research community in implementing endemic countries, industry, NGOs and multilateral organisations, the world’s first malaria vaccine is helping to reduce all-cause mortality and hospitalisations of severe malaria among chi...

Economics

3 d. ago Tesla’s EU sales slump continues; China’s premier warns global trade tensions ‘intensifying’ – business live

Rolling coverage of the latest economic and financial newsShares in UK defence Babcock have surged 13% at the start of trading, after it upgraded its medium-term forecasts and hailed a ‘new era’ for defence (see earlier post).After several turbulent sessions, the financial markets seem calm this morning, as the Israel-Iran ceasefire holds.‘’Optimism about the fragile ceasefire holding between Iran and Israel has bubbled through markets, lifting equities, but more doubts are now creeping in about the truce holding.Wall Street rose in a relief wave, pushing the S&P 500 close to record highs. Sentiment has held up in Asia and European indices largely look set for a positive start to trading. Nevertheless, a little more uncertainty is seeping in. A leaked report from US Intelligence casting doubt on the effectiveness of the US strikes in crippling Tehran’s nuclear capabilities, has led to some worries that military action could resume. Continue reading...

Events

5 d. ago Goldman Sachs warns Brent crude could hit $100 per barrel if strait of Hormuz is disrupted; Trump demands cheaper oil – business live

Rolling coverage of the latest economic and financial newsThe strait of Hormuz: what is it, and why does it matter to global trade?Price of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors su...

Events

5 d. ago Goldman Sachs warns Brent crude could rise over $100 per barrel if Strait of Hormuz is disrupted – business live

Rolling coverage of the latest economic and financial newsThe strait of Hormuz: what is it, and why does it matter to global trade?Price of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors su...

Events

5 d. ago IMF chief warns of broader risks from US strikes on Iran, as oil falls back from five

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeThe eurozone economy has continued to flirt with stagnation this month, with little growth in its key sectors.The latest survey of purchasing managers across the euro area, just released by S&P Global, shows that the eurozone services sector is stalling this month, while factory growth slowed.“The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately.In Germany, there are signs of a cautious improvement in the situation, but France continues to drag its feet. The momentum evident in the official growth figure of 0.6 percent for the first quarter is unlikely to have carried over into the second quarter, especially since special factors such as Ireland’s unusual jump in growth inflated this figure. Continue rea...

Events

5 d. ago IMF chief warns of broader risks from US strikes on Iran, after oil hits five

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeThe UK stock market has dropped at the start of trading, as traders weigh up the situation in the Middle East.Airline shares are down, with easyJet (-2.1%) and British Airways parent company IAG (-2.2%) leading the fallers on the FTSE 100 share index. Higher oil prices push up their costs, and the crisis could also force airlines to cancel flights to the region. Continue reading...

Events

8 d. ago Switch 2 launch has been huge success for Nintendo, but not everyone is happy

Nintendo Switch 2 is here, but third-party publishers are downbeat about sales on the platform since it arrived earlier this month—here's all we know, and what could have caused these results

Politics

8 d. ago UK grocery watchdog investigating Amazon over alleged supplier payment delays; company insolvencies jump – business live

Groceries Code Adjudicator calls on suppliers to share their experiences of working with AmazonThe number of companies collapsing across England and Wales jumped last month, in a sign of the economic pressures hitting firms.There were 2,238 company insolvences in England and Wales during the month, which is 8% higher than in April and 15% more than in May 2024.“This latest rise in corporate insolvencies reflects the harsh reality many businesses face: fragile demand is not keeping pace with rising costs. Even the increasingly-likely prospect of rate cuts in August won’t do much to fix this – insolvency levels will remain elevated for the foreseeable future.“Sectors like hospitality are having a particularly challenging time in this environment, in no small part due to the impact on labour costs of April’s National Insurance and minimum wage increases. These businesses are now approaching what are some of their peak months and will be hoping for strong trading to bolster their resili...

Economics

1 week ago Beyond Mario Kart World: what else is worth playing on Nintendo Switch 2?

Nintendo has slept on new games for its new handheld but clockwork-puzzle murder missions, an RPG reborn and a beefed-up Yakuza 0 are the highlights from other developersThe Nintendo Switch 2 certainly makes a strong first impression, but once that gadget limerence begins to fade, it’s down to the games to stave off any creeping buyer’s remorse. We all know that Mario Kart World is undoubtedly a multiplayer masterpiece, and original Switch games from Pokémon Scarlet/Violet to Zelda have been updated to look amazing on the new console, but there’s otherwise a severe lack of Nintendo-made launch games for the Switch (beyond the £8 tech demo, Nintendo Switch 2 Welcome Tour).Thankfully, other developers have stepped in to fill the gap, releasing a bunch of updated versions of games that have been out on other consoles for a while. What should you pick up when you’re tired of Mario Kart World? Continue reading...

Politics

1 week ago Nintendo Switch 2 launch games rated: The first must buy games and ones to avoid

Nintendo Switch 2 arrives alongside some great ports and a big headliner in Mario Kart World, but which games are worth your time? We’ve got you covered.

Politics

2 w. ago Top TV series to watch on Disney+ for £1.99, including Grey's Anatomy and Netflix rival

Disney+ has brought back its cheapest streaming deal for 2022, making it the cheapest major streaming site - and there's plenty of series to watch on the platform

Economics

2 w. ago The 10 best Nintendo Switch 2 games you can play right now – must

If you're unsure about which Nintendo Switch 2 launch games to play first on your shiny new hybrid console, these are the top titles judging by what we've played so far.

Politics

2 w. ago Business news live: Oil prices surge after Israel attacks Iran, FTSE 100 drops after all time high

Stock market reaction and business news for Friday

Politics

2 w. ago Air India Plane Crash in Ahmedabad LIVE Updates: PM Modi arrives in city to take stock of situation, to meet lone survivor and those injured in Boeing 787

Air India Plane Crash in Ahmedabad LIVE Updates: PM Modi arrives in city to take stock of situation, to meet lone survivor and those injured in Boeing 787-8 crash  The Indian Express

Events

2 w. ago Air India Plane Crash in Ahmedabad LIVE Updates: PM Modi arrives in city to take stock of situation, day after deadly Boeing 787

Air India Plane Crash in Ahmedabad LIVE Updates: PM Modi arrives in city to take stock of situation, day after deadly Boeing 787-8 crash  The Indian Express

Events

2 w. ago Business news live: Boeing shares sink after India crash and Poundland sold for £1

Stock market reaction and business news for Thursday

Economics

2 w. ago Business news live: FTSE 100 flat and Poundland faces restructure after being sold

Market reaction and business news for Thursday

Politics

2 w. ago Business news live: FTSE 100 flat as UK economy stalls after Asia stocks down overnight

Market reaction and business news ahead of the government’s spending review

Economics

2 w. ago 'Nintendo Switch 2 launch inspired me to dust off my old console

Changing the handheld controller has made a huge difference to my Switch playing experience

Politics