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US cooking oil market shrinking due to Ice pressures on Latino households, Mazola owner sa

Economic squeeze and anti-immigration raids have hit Hispanic communities, prompting people to shop online and reuse oilBusiness live – latest updatesThe US cooking oil market is shrinking and unlikely to improve soon because of economic and immigration enforcement pressures on L

Admin Recifes 15/07/2026 2

Up to 150 former WH Smith stores to close as high court approves restructure

Restructuring plan involves writing off debts to suppliers and cutting rent for many landlordsBusiness live – latest updatesUp to 150 former WH Smith high street stores are to close after the high court approved a swingeing restructure that could affect thousands of jobs.The reta

Admin Recifes 15/07/2026 2

OpenAI ‘in early talks to give 5% stake to US government’

CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report saysBusiness live – latest updatesOpenAI is reportedly in early stage talks to give a 5% stake in the ChatGPT developer to the US government as artificial intelligence com

Admin Recifes 15/07/2026 2

Fans in short supply as next UK heatwave approaches, says Currys

Retailer says sharp rise in fan sales over the latest heatwave weekend left stores scrambling to source stockBusiness live – latest updatesThe boss of Currys has said supplies of air conditioning and fans are “tight” ahead of another UK heatwave, expected next week, after a boom

Admin Recifes 15/07/2026 2

UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage r

Rolling coverage of the latest economic and financial newsJust in: Default rates on UK credit cards have risen, and the situation is expected to get worse.New data from the Bank of England has found that default rates for total unsecured lending, including credit card defaults, r

Admin Recifes 15/07/2026 2

US employers added just 57,000 new jobs in June, lower than expected

The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the monthSign up for the Breaking News US newsletter emailUS job growth slowed in June as employers added 57,000 new jobs – just about half of what economists had predicted – and the Bureau

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Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks

European Commission invites air industry to urgent meeting to discuss concerns over new entry and exit systemBusiness live – latest updatesRyanair has warned of “queue chaos” this summer at EU airports because of new fingerprint checks, as the European Commission invited the air

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Gymshark founder in talks to buy back part of stake sold to private equity firm

Ben Francis, who started business in parents’ garage, sold 21% stake in deal that created £1.25bn sportswear brandBusiness live – latest updatesThe founder of Gymshark is in talks to buy back a portion of the stake he sold to private equity in a deal that created a billion-pound

Admin Recifes 15/07/2026 3

UK service sector shrinks amid Iran war disruption and heatwave – business live

Rolling coverage of the latest economic and financial newsToday’s UK Service PMI report (which polls purchasing managers from across the sector) found there was a “sustained reduction in backlogs of work across the service economy”.This was due to weak demand, S&P Global reports,

Admin Recifes 15/07/2026 2

How baby formula recalls have mounted amid Trump staff cuts to the FDA

Experts say the Food and Drug Administration is not prepared for the health threat of bacterial contaminationMultiple brands of infant formula have been recalled recently due to bacterial contamination, and experts say the Food and Drug Administration is inadequately prepared to

Admin Recifes 15/07/2026 2

London has lost ‘catastrophic’ 89% of car club vehicles since Zipcar exit

Only 330 car club vehicles available for rent after big provider left British market, data revealsThe number of car club vehicles in London has fallen by a “catastrophic” 89% since Zipcar ended its service in late 2025, with former users being pushed to consider buying or leasing

Admin Recifes 15/07/2026 2

Making public transport fully accessible ‘could boost UK economy by £176bn’

Report says current network of buses, trains and stations effectively locks 2.8m people out of workforceBusiness live – latest updatesInvesting in the UK transport network to make it fully accessible to disabled passengers could boost the economy by £176bn by helping millions mor

Admin Recifes 15/07/2026 3

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