🏢 Business Brief

Fired BP chair disputes oil company’s claims of poor conduct

Ousted BP chair Albert Manifold disputes the company's claims of poor conduct, stating he was removed without warning.

Lidl overtakes Morrisons to become fifth largest supermarket in Great Britain

Lidl overtook Morrisons to become the fifth largest grocer in Great Britain, with sales up 8.8% and a record market share of 8.6%.

Gina Rinehart bankrolls purchase of 10% stake in Seven network owner Southern Cross Media

Gina Rinehart funded Bruce McWilliam's acquisition of a nearly 10% stake in Southern Cross Media, which owns the Seven Network and other media assets.

Kiln-free recycled tile startup agrees pilot deal with major UK supplier

Dekiln, a startup making kiln-free tiles from recycled waste, signed a pilot deal with Johnson Tiles to scale up production in Stoke-on-Trent.

WTI Technical Analysis - The Strait Of Hormuz Is To Be Opened In 30 Days, Oil Down 7%

WTI oil fell 7% after Trump announced the Strait of Hormuz would reopen in 30 days, returning prices to early May levels.

Oil prices fall below $100 a barrel on hopes of Iran peace deal

Oil prices fell below $100 a barrel amid hopes of a US-Iran peace deal, though an Iranian spokesperson cautioned that an agreement is not imminent.

↓ Bearish

Tui faces scrutiny over E coli-linked death of baby after holiday in Egypt

Tui faces scrutiny after a British baby died from E coli-linked illness following a stay at an Egyptian hotel where previous cases had occurred.

Rise in shoplifting and theft in UK finds nine in 10 retailers in rural areas targeted

Nine in 10 rural retailers in the UK have been victims of crime in the past year, with average financial losses of £83,000.

Beer boom goes flat as breweries call last orders

The UK brewery industry is declining due to pub closures, rising costs, and changing consumer preferences.

Retail, traders chase midcap rally with stock futures bets

Retail and high net worth traders reached record levels in stock futures, driven by bullish momentum in mid and smallcap stocks.

↑ Bullish

Google Appeals Court Decision on Search Monopoly

Google is appealing a court ruling that found it held an online search monopoly, following a DOJ lawsuit filed in 2020.

Japan Bond Yield Surge Deepens Regional Bank Stock Divide

Rising bond yields in Japan are expected to widen the stock performance gap between regional lenders with weaker and stronger investment portfolios.

↓ Bearish

Morocco wants tourists to visit Western Sahara. Some say it's tightening its control

Morocco is promoting tourism in Western Sahara, a territory it claims, amid criticism that this tightens its control.

Indian billionaires buy foreign companies as growth slows at home

Indian companies spent $18bn on foreign acquisitions in 2025, with deal values potentially exceeding $15bn in the first half of 2026.

'Shameful' more spent on benefits than jobs for young people, says Milburn

Alan Milburn says it is 'shameful' that more is spent on benefits than on jobs for young people, calling for welfare reform.