BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP has answered Donald Trump’s call for oil companies to help rebuild Venezuela’s fossil fuel industry with new plans to develop a large offshore gasfield.
Policy
CEO banned for false and misleading statements made in attempt to buy bank and football club
Paul Taylor, former CEO of Blue Horizon Asset Management (BHAM) has been fined £489,000 and banned from working in financial services by the FCA.
Eurozone economy estimated to have grown by 0.4% in second quarter - Eurostat
Spain grew at 0.7% in the second quarter of 2026 — three and a half times the rate of Germany, France, and Italy combined — and the gap has a structural explanation: Spain generates more than half its electricity from w…
Ship attempting to exit Strait of Hormuz struck by drone, UKMTO says
WASHINGTON -- A bipartisan coalition in the US Senate is working to keep momentum behind a sweeping sanctions package targeting Russia and Iran, with lawmakers from both parties arguing that the legislation would send a…
US firms that kept DEI policies despite ‘go woke, go broke’ threats thrived
Exclusive: Companies that kept policies did just as well financially, even after Trump’s executive order, as those that didn’t
Engine parts shattered Ryanair window that passenger was partly sucked out of, report says
Preliminary findings show fan blade broke off shortly after takeoff on 10 July flight from Greece to Germany
Tougher crops and beaver dams: how UK farmers are tackling drought
Hit by heatwaves and low rainfall, food producers are finding novel solutions to help crops and cattle survive
Standards watchdog resumes investigation into Nigel Farage over financial gifts
Reform UK leader’s return to Clacton restarts inquiry into £5m gift from cyrpto-billionaire and support from fraudster
Builders, bakers and cheeseburger-makers: the UK workers struggling in extreme heat
In the sweltering kitchen of the Plimsoll pub in north London, the head chef, Joshua Swinney, has a frozen tea towel wrapped around his neck to combat the heat.
Searches for UK homes with air conditioning more than double
Most owners would consider installing aircon as heatwaves lead buyers to focus on ability to stay cool, Rightmove says
Tesla paid Elon Musk 2.5m times more as CEO than its average worker in 2025
Tech billionaire’s $158.3bn deal an outlier in report showing widening gap of CEO to worker pay at top companies
SEC Charges Toms River Trio in Connection with Alleged $47 Million Fraud Targeting Orthodox Jewish Communities
The Securities and Exchange Commission today charged three Toms River, New Jersey residents for their roles in an affinity investment fraud that misappropriated approximately $47 million from more than 87 investors, who…
USS George Washington heads to Middle East after record 265-day Lincoln deployment
WASHINGTON (AP) — The world's largest aircraft carrier, the USS Gerald R. Ford, broke the U.S. record Wednesday for the longest post-Vietnam War deployment, a nearly 10-month span that saw it take part in both the milit…
BAE Systems to pay $36m penalty after 104 violations of US arms export rules
State department says it has reached administrative settlement with company’s US arm to resolve breaches
Sports Direct owner buys Harvey Nichols department store chain
The owner of Sports Direct has bought Harvey Nichols out of administration after the upmarket department store chain warned it could run out of money if it did not find new funding.
Federal Reserve Board issues enforcement action with former employee of Regions Bank
ICLG - Anti Money Laundering covers issues including criminal enforcement, regulatory and administrative enforcement and requirements for financial institutions and other designated businesses – in 16 jurisdictions.
Cisco’s AI-driven profit jump; PPI ahead - what’s moving markets
August 13, 2026, 3:58 AM EDT. The UAE has reportedly unlocked billions of dollars in previously frozen Iranian assets, including 1.5 tonnes of gold flown out on UAE Royal Jet aircraft. This move saw Bitcoin rebound by 1…
UK economy grows by 0.4% in second quarter as some businesses helped by World Cup and hot weather – business live
Across Europe stock markets are mostly doing better than the FTSE 100 in London.
Cash remains most widely accepted payment method in euro area
According to the latest survey on the use of cash by companies in the euro area published today by the European Central Bank, cash acceptance has rebounded slightly.
T+1 Settlement: are firms ready for 2027?
The UK’s move to a T+1 securities settlement cycle on 11 October 2027 is a fundamental shift in how securities transactions are settled.
Victims of road crime feel ‘forgotten by system’, official review finds
Bereaved families or seriously injured victims of road crime feel “forgotten by the system” with offences not treated with the seriousness they deserve, an official review has found.
India fuels worldwide jump in planned coal production
Enough new coalmining projects were proposed last year to increase global supplies by 2.5bn tonnes a year, an increase of 11% from the year before, even as demand for coal plateaus, according to a new report.
Greenland forces Trump-linked US oil firm to delay drilling
Greenland authorities have forced a US oil company connected to Donald Trump to postpone drilling wells in the Arctic territory, defying claims by the US president’s envoy that Americans could be extracting crude by nex…
Trump sued over $100,000-a-month early-access offer to Truth Social posts
Donald Trump has been sued after a subscription service charging up to $100,000 a month for early access to his posts on his Truth Social platform sparked allegations of corruption.