Economy

The ongoing heatwave is starting to burn a hole in Britons’ pockets, as higher food prices linked to scorched harvests across Europe reach shops and restaurants. “Today I am selling a box of broccoli for £8...

China has unveiled plans to impose retaliatory tariffs on US imports worth $60bn (£46bn), firing the latest volley in the mounting trade disputebetween the world’s two largest economies. Signalling the nation’s readiness to respond to the higher...

SHANGHAI — For years, Starbucks was the undisputed king of coffee in China. It single-handedly created a market of coffee drinkers in a nation of tea lovers, cashing in on a wave of affluent Chinese who...

Marla Hohner was at home in Dallas when a text message arrived from an unfamiliar number. “Hi Marla,” it read. “This is Nate volunteering w/ Beto For Texas. Beto O’Rourke is running for Senate to represent...

Dixons Carphone said an investigation into a massive data breach has found personal data belonging to 10 million customers may have been accessed last year, nearly 10 times as many as initially thought. The electronics retailer had estimated...

Agreen sign with a horse-drawn carriage marks the turn in the road: Townes at Covington, it reads, a nod to the management company running properties in this quiet cul-de-sac 30 minutes outside Washington DC. Of course,...

Bookmakers are in line for a £1bn tax rebate after a court ruled they were wrongly charged VAT on revenue from controversial fixed-odds betting terminals (FOBTs). The finding, in a case brought against HM Revenue &...

A growing thirst for gin among UK consumers boosted annual sales at the drinks firm Diageo, which benefited from the launch of a pink version of the spirit. The international drinks group said total UK sales...

More than $118bn (£90bn) has been wiped off Facebook’s market value, including a $16bn hit to the fortune of its founder, Mark Zuckerberg, after the company told investors that user growth had slowed in the wake...

Thurrock services on the M25 have been rated by users as the worst in England, in a survey of motorway service stations. It came bottom after receiving a lowly satisfaction rating of 68%; Toddington Southbound (M1) was...