<p>Incoming prime minister says he doesn’t want to ‘create new divisions’ as Mahmood is tipped to be chancellor</p><p>Andy Burnham has signalled that he will not increase wealth taxes immediately after becoming prime minister, easing concerns among the business community but limiting his economic room for manoeuvre.</p><p>He said on Wednesday he did not want to “create new divisions” with his tax policy, in comments that allies said were a sign that he did not intend to raise money by

<p>Worse-than-expected figures for three months to June come amid concerns over lopsided economy</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jul/15/china-growth-thames-water-stock-markets-live-news-updates"><strong>Business live – latest updates</strong></a></p></li></ul><p>China has posted worse-than-expected growth figures for the three months to June as its economy expanded by just 4.3% – one of its lowest quarterly readings on record.</p><p>The rate, which came

<p>Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tn</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jul/14/oil-prices-rise-2-middle-east-strikes-chinas-exports-surge-ai-boom-live-updates">Business live – latest updates</a></p></li></ul><p>China’s monthly car ‌exports topped 1m for the first time in June as overall overseas shipments from the world’s second biggest economy rose 27%.</p><p>Official Chine

In France, a handful of wealthy entrepreneurs are buying up hundreds of hectares of land with the goal of letting nature reclaim its rightful place. Among them is Rodolphe Landemaine, an artisan baker at the helm of 30 bakeries in France and Japan. He routinely opens the doors to his Normandy estate to other business leaders in hopes that they, too, will put their money to good use.

S&amp;P Global Ratings lowered Oracle's credit rating to BBB- from BBB. The agency cited significant risks associated with Oracle's expanding AI infrastructure business. OpenAI's substantial reliance on Oracle's services presents a key credit risk for the company. Oracle faces potential financial strain from massive data center leases if OpenAI defaults. The rating agency warned of further downgrades if leverage exceeds 4.5x.

<img src='https://i.cbc.ca/ais/2443fa13-367f-4bc9-b76f-ce2608cd9c50,1784124715814/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C240%2C3656%2C2056%29%3BResize%3D%28620%29' alt='A woman with short hair smiles' width='620' height='349' title='Megan Rapinoe speaks during the Business of Women Sport Summit on April 23, 2024 in New York City.'/><p>Soccer legend Megan Rapinoe, in an article for Marie Claire, says her trans rights advocacy work has cost her a brand deal, alleging an AI program flagged

<img alt="Preview" align="left" style="margin-right: 10px;" src="https://mf.b37mrtl.ru/files/2026.07/thumbnail/6a5518a42030277c874e94cb.jpg" /> Businesses are racing to automate, but many staff are being left without the retraining, clarity, or safeguards needed to adapt <br/><a href="https://www.rt.com/news/642965-corporations-workers-ai-fear/?utm_source=rss&utm_medium=rss&utm_campaign=RSS">Read Full Article at RT.com</a>

<img alt="Preview" align="left" style="margin-right: 10px;" src="https://mf.b37mrtl.ru/files/2026.07/thumbnail/6a561395203027371a2df690.jpg" /> The EU has imported a record volume of Russian LNG months before its planned 2027 ban takes effect, the FT has said <br/><a href="https://www.rt.com/business/643018-eu-russian-lng-record-buying/?utm_source=rss&utm_medium=rss&utm_campaign=RSS">Read Full Article at RT.com</a>

<img alt="Preview" align="left" style="margin-right: 10px;" src="https://mf.b37mrtl.ru/files/2026.07/thumbnail/6a5549d42030277c56753546.jpg" /> Western banks have reportedly sued German firm Linde over losses after its pullout from a Russian gas project due to EU sanctions <br/><a href="https://www.rt.com/business/642964-western-lenders-germany-lawsuit-russia/?utm_source=rss&utm_medium=rss&utm_campaign=RSS">Read Full Article at RT.com</a>

<p>Rain Newton-Smith calls for a new generation of public-private partnerships to fund major projects</p><p>Andy Burnham must avoid another “summer of speculation” on tax and spend that would spook British business, the chief executive of the CBI has warned.</p><p>As Burnham prepares to take up the Labour leadership on Friday, with a new cabinet to be announced on Monday, Rain Newton-Smith urged him to tread carefully.</p> <a href="https://www.theguardian.com/business/2026/jul/16/burnham-spe