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In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank of Australia has held the official cash rate at 4.35% but threatened to hike again if needed, as it warned falling house prices would slow income growth.The widely expected decision comes after a steep decline in property values in Sydney and M

UN index says weather is affecting wheat yields while conflicts in Ukraine and Iran hit exports and drive up pricesBusiness live – latest updatesGlobal food prices have hit their highest level in three and a half years, as summer heatwaves and conflict in Ukraine and the Middle East push up crop costs.The UN Food and Agriculture Organization (FAO) index of food commodity prices rose last month to its highest level since January 2023, after a jump in prices for cereals, sugar and vegeta

Union exploring options to oppose program that would put US airport screening into hands of private contractors The labor union representing workers at the Transportation Security Administration (TSA) is raising alarms over a new program that will expand privatizing security checkpoints at three airports.The agency informed the union last month of plans to enact the TSA Gold+ program, which would shift security and control of the screening technology into the hands of private contracto

Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damageEight of the biggest oil companies amassed profits of more than $90bn (£67bn) in just three months as the Iran conflict sent energy prices soaring and the emissions-fuelled climate crisis caused deadly heatwaves.The windfall war profits have reignited calls for oil and gas supermajors such as Saudi Aramco and BP to pay for the environmental damage caused by

Trio set up Swift Partners for the acquisition, allowing supermarket to focus on core food businessSainsbury’s has agreed to sell the Argos retail chain for £120m to allow it to concentrate on its core food business.The supermarket announced on Friday it was selling the catalogue

In the UK, these scams have become an epidemic, rising 147% between January and March, compared with the same time last year. Why are they suddenly so common? And what can you do if you’re charged thousands for a quick, easy job?Sarah was alone in her flat with her three-month-old baby when a man put a card machine in her face and demanded she pay £2,209. A few hours earlier Sarah, 30, had been for a walk with her daughter when it dawned on her that she had left her keys at home. She d

Exclusive: Three men killed in incidents over past year allegedly involving G4S guards, who replaced in-house team after previous deathsBereaved families and politicians have raised alarm about continued killings on Del Monte’s pineapple farm in Kenya despite the company hiring G4S to replace its in-house security team after previous deaths were exposed by the Guardian.Del Monte appointed G4S to guard the farm, which is estimated to cover at least 40 sq km, the area of a small city, af

All three companies say they still aim to achieve net zero carbon output despite construction boomMicrosoft, Amazon and Google’s collective carbon emissions have increased by nearly a fifth in the past year, driven largely by datacentre construction.In the financial year ending March 2026, the three tech companies emitted 119m mTCO₂e (metric tonnes of carbon dioxide equivalent), or about a third of those of France. Continue reading...

The former England midfielder is everywhere at this World Cup, having reached a popularity in the US other Brits have rarely achievedWatch US television for any length of time and the endless spume of adverts will eventually separate into three distinct types.The first are adverts for units of generic food-substance, each one essentially the same hand-sized grenade of glossy and salted micro-minced matter; but each also with its own industrialised repertoire of colours and noise and pa