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Oil prices rise over 2% after Middle East strikes; China’s exports surge on back of AI boom – business live

Brent crude rises over $85 a barrel after US carries out third night of strikes against IranGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Oil prices rose more than 2% after the conflict in the Middle East worsened, with the US carrying out a third consecutive night of strikes against Iran. Two tankers came under fire in the strait of Hormuz.Stasis has taken over markets as investors wait for the latest twist in the Iran confl

Admin Recifes 14/07/2026 9

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South East Water to pay £30.5m penalty after multiple failures

Ofwat investigated supplier over supply interruptions, customer failings and for breaching its licenceSouth East Water will pay £30.5m after a series of supply interruptions, customer failings and for breaching its licence, regulator Ofwat has confirmed.The watchdog said the redress package concludes three investigations into the supplier and includes a previously proposed £22m fine for water supply failures between 2020 and 2023 affecting more than 286,000 people. Continue reading...

Admin Recifes 14/07/2026 9

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UK’s alcohol-free beer boom threatened by regulations, trade body warns

BBPA wants content definition for beer to be considered alcohol free to be changed from 0.05% to 0.5%Pubs and brewers are being prevented from capitalising on Britons’ record-breaking thirst for alcohol-free beer because of over-strict regulation, a trade body has warned.More than 64m pints of low- and no-alcohol beer is forecast to be sold over the summer, an increase of 8m compared with 2025, the British Beer and Pub Association (BBPA) said, citing the figures as proof that the categ

Admin Recifes 14/07/2026 8

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North Sea oil industry urges Burnham to approve new drilling in UK waters

Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approvalThe UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by appealing to Andy Burnham’s reindustrialisation agenda just days before he is expected to become Britain’s next prime minister.Industry lobbyists have written to more than 400 Labour MPs to call on the government’s new leaders to allow more oil and gas drilling in UK waters

Admin Recifes 14/07/2026 7

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US refunds $81bn in Trump tariffs after supreme court ruled them illegal

Government had been forced to pay back duties to companies that imported goods into the US that were hit by Trump’s tariffsThe US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday.Tariffs – taxes on imported goods – have been a key part of president Donald Trump’s game economic plan since he took office again last year. Continue reading...

Admin Recifes 14/07/2026 7

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World Cup and sunshine prompt UK consumers to splash out on beer and online shopping

Despite spending increase in June, Barclays says most people still pessimistic about economyRelentless sunshine and the World Cup coaxed consumers to spend more on beer and online shopping last month, with purse strings expected to remain loose as England fans gear up for Wednesday’s semi-final.Most people remain pessimistic about the UK economy, according to data from Barclays Bank based on debit and credit card transactions. Continue reading...

Admin Recifes 13/07/2026 7

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Lawyers to investigate claims of GB power grid cover-up over blackout risk

Operator brings in independent legal firm to look into whistleblower allegations relating to June heatwaveGreat Britain’s grid operator has brought in independent investigators to look into accusations that its staff were involved in a cover-up over the power system being at a greater risk of blackouts during the heatwave.The government-owned energy system operator will face the scrutiny of an external legal firm after a whistleblower claimed that control room staff were warned against

Admin Recifes 13/07/2026 6

Tecnologia

"Kindle chinês" com Android e tela grande e corpo de metal; veja preço

A Hanvon anunciou na China uma nova versão do seu leitor digital Clear7, agora na cor Yaojing Gray (Cinza Brilhante). O dispositivo aposta em um visual premium, com corpo metálico, tela de tinta eletrônica e sistema Android, oferecendo uma alternativa aos e-readers tradicionais como o Kindle. O Hanvon Clear7 utiliza uma tela E-Ink de 7,1 polegadas com resolução de 300 ppi, oferecendo uma experiência de leitura semelhante ao papel e maior conforto

Admin Recifes 13/07/2026 9

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Lancashire chemicals factory facing potential legal claim announces closure

More than 90 residents have expressed interest in contamination claim against AGC Chemicals EuropeA Pfas factory in Lancashire has announced plans to close down, just days after the Guardian revealed that more than 90 residents have signed up to be involved in a potential legal claim over contamination of the local area.AGC Chemicals Europe Ltd is consulting with employees and their union representatives about plans to cease operations at its manufacturing plant in Thornton-Cleveleys,

Admin Recifes 13/07/2026 6

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Airline pilot skywrites ‘I’m bored’ over north-west England

The pilot, who had taken up the Piper Tomahawk to test a replacement part, wrote the message at around 1,100 feetA mischievous airline pilot spelled out his tedium by skywriting “I’m bored” over an estuary in north-west England.The message was captured on the airline tracking website Flight Radar 24. Continue reading...

Admin Recifes 13/07/2026 6

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The Guardian view on Volkswagen’s crisis: another wake-up call for Germany and the EU | Editorial

Robust action is needed to protect European industries from unfair competition. The alternative is social strife amid growing insecurityAccording to a recent analysis, China enjoys a surplus in its manufactured goods trade with the European Union that is roughly equivalent to Italy’s national income. That trade disparity, it is estimated, continues to grow by about 30% each year. The stark implication, according to a paper from Centre for European Reform, is that Europe, with Germany i

Admin Recifes 13/07/2026 8

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US state attorneys general file lawsuit in effort to block Paramount merger

A bipartisan group argue in lawsuit that $110bn merger would hurt competition and lead to thousands of job lossesA bipartisan group of US state attorneys general are seeking to block the $110bn merger of Paramount Skydance and Warner Bros Discovery, arguing in a lawsuit filed on Monday that it would hurt competition and lead to higher prices for consumers.The coalition behind the lawsuit is led by the California attorney general, Rob Bonta, who has been a staunch critic of the merger s

Admin Recifes 13/07/2026 10

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