Business

The UK economic system grew barely within the three months to June, in accordance with official estimates.Gross home product (GDP) elevated by 0.2% within the second quarter of the yr, the Office of National Statistics (ONS) stated. In June alone it rose 0.5%. It comes after a fee of 0.1% was recorded within the first quarter, the bottom quantity potential to nonetheless be classed as progress. Experts stated the economic system had bounced again in June following a dip the earlier month, when an additional financial institution vacation was held to have fun the King's coronation. Please use Chrome browser for a extra accessible video participant ...

Dangerous carbon monoxide alarms are being bought on-line, Which? has warned.The shopper watchdog says units that fail to detect excessive ranges of the doubtless deadly gasoline had been discovered on eBay, Amazon, AliExpress and Wish. Which? claims the federal government is failing to take "urgent action" to carry these marketplaces to account - and it first flagged one of many unsafe fashions to eBay seven years in the past.That machine failed to answer carbon monoxide in 10 out of 28 checks - and even when it did, the alarm was too quiet. Image: Pic: Which? A complete of 149 listings for harmful carbon monoxide alarms had been found throughout the 4 web sites - and all of them have now been eliminated. eBa...

BEIRUT — The United States, United Kingdom, and Canada slapped sanctions Thursday on Lebanon’s embattled former central financial institution governor and a handful of shut family and associates over allegations of corruption, the U.S. Treasury Department stated. ...

WAILUKU, Hawaii — The search of the wildfire wreckage on the Hawaiian island of Maui on Thursday revealed a wasteland of burned out properties and obliterated communities as firefighters battled the cussed blaze that has already claimed 36 lives, making it the deadliest within the U.S. in 5 years. ...

President Biden requested Congress Thursday for $40 billion in emergency spending by way of the top of this 12 months, together with $24 billion extra for Ukraine — funding that may sidestep lately enacted funds caps and arrange a conflict with Republicans over extra help for Kyiv’s warfare towards Russia. ...

Federal Trade Commission Chairwoman Lina Khan is rallying assist for the Biden administration’s plan for harder policing of enterprise mergers whereas congressional investigations of her work warmth up. ...

DUCHESNE, Utah — On plateaus overlooking the Uinta Basin’s hills of sandstone and sagebrush, pumpjacks bob their heads as they carry viscous black and yellow oil from the earth that can finally make all the things from gasoline to polyester cloth. ...

Disney+ is to alter its UK pricing after shedding 11.7 million prospects internationally.The streaming service, which at the moment prices UK customers £7.99 a month, will introduce three new pricing tiers from 1 November. It comes after the corporate revealed it suffered a 7.4% drop in Disney+ prospects internationally, to 146.1 million within the three months to July.The leisure large additionally reported a internet lack of $460m (£360m) within the third quarter, in contrast with earnings of $1.4bn (£1.1bn) throughout the identical interval final yr.Walt Disney chief government Bob Iger stated the agency was dealing with a "challenging environment", however stated it was on monitor to chop prices by billions of kilos and stated income was up 4%. He additionally vowed to in...

One of the biggest unbiased credit score businesses on the planet will now not dish out numerical ESG scores of their scores for companies, ending a short-lived follow that brought on investor confusion and prompted political blowback. ...

A rising variety of householders and landlords are falling into arrears with their mortgages, in accordance with new figures from a commerce affiliation.UK Finance stated there have been 81,900 home-owner mortgages in arrears of two.5% or extra of the excellent stability within the second quarter of 2023, which was 7% increased than the earlier three-month interval. There had been additionally practically 9,000 buy-to-let mortgages in arrears of two.5% or extra, 28% increased than within the earlier quarter.UK Finance stated it got here as increased charges and the value of dwelling continued to weigh on households.But a spokesperson added: "Although any rise in arrears can be worrying, overall numbers remain low with less than 1% of homeowners and less than half a percent of...