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Consumer watchdog zeroes in on Woolworths’ allegedly fake discounts as it meets supermarket giant in court

interest rate rises. The major supermarkets are also facing requests from suppliers to raise prices to help farmers cover drastically inflated fuel and fertiliser costs caused by the US-Israel war on Iran. The ACCC

UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds

affected, up from 45,416 the previous year. Begbies Traynor, which is one of the UK’s biggest insolvency practitioners, placed some of the blame on the chancellor, Rachel Reeves, for [a series

Putin says Russia will bolster air defenses in response to Ukrainian drone attacks

affect Russian daily life. It also underscored Kyiv's growing ability to hit deep inside Russia and showed the vulnerability of its cities. Scores of flights were delayed or diverted at St. Petersburg's airport

UK borrowing costs rise and pound falls as leadership drama continues

interest rate charged to the UK government for a 10-year loan - rose above 5.14% at one point on Friday, the highest since 2008. The pound fell 0.3% against the dollar to around $1.337, having

UK service sector activity slumps in one of sharpest declines for a decade

affected the PMI’s “composite output index”, which scores how private companies across the manufacturing and services sector are performing, with a reading above 50 meaning growth in business activity, while anything below represents contraction

Flights, food and fuel: What you need to know about the latest inflation figures

affected by this war such as energy and fertiliser months in advance, so it can be up to a year or more until we notice changes in prices in the supermarket aisles. The food industry

SpaceX is poised for blastoff with an IPO likely to break records

affect the portfolios of people who didn't actively buy SpaceX stock. The Nasdaq, FTSE Russell and other stock index firms have agreed to fast-track the inclusion of SpaceX shares in their indexes, which

U.S. launches second day of Iran strikes. And, World Cup facts to know before kickoff

inflation by raising interest rates or keeping them high. But Trump has been demanding lower interest rates, which presents a challenge for new Fed Chairman Kevin Warsh as he prepares for his first rate-setting

Australia has some of the world's costliest homes. Will scrapping tax breaks help?

rates, and Australia's restrictive planning laws - which limit homes being built where most people want to live – have taken a toll. But there have long been arguments that housing tax breaks are also increasing

Could key climate talks mark ground zero in global push to ditch fossil fuels?

inflation that will raise interest rates and add to the cost of servicing debt. Both rich and poor nations are feeling the impact, but the poor with their [higher levels of debt and lower reserves