‘I earn £126,000 – but nothing’s left at the end of the month’: readers react to the budget

Shell nearly doubles quarterly profit year-on-year as refining margins soar to record high

Healey’s £4.4bn cost living support package ‘badly targeted,’ says Resolution Foundation – business live

Even families receiving help face higher energy bills than during the last energy price shock, analysis finds Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The £4.4bn cost of living support package delivered by John Healey ’s budget on Wednesday is “badly targeted,” which means that even families receiving help face higher energy bills than during the last energy price shock, according to the Resolution Foundation . Continue reading...

Hegseth reportedly fires U.S. top military planner as Trump downplays Iran peace talks

Lieutenant General Brett Sylvia was removed as head of strategy, plans and policy on the Joint Chiefs of Staff.

Tencent, Visa deepen payments push in China after regulatory green light

Tencent and Visa are expanding their payments partnership following recent regulatory approvals for foreign financial firms in China.

Toblerone owner sues British vegan chocolate brand over chunky shape

Catherine’s Originals denies Mondelēz claims in London high court of ‘passing off’ and trademark infringement The owner of Toblerone is taking legal action against a tiny British vegan chocolate brand which it claims has been copying the Swiss chocolate bar’s famous chunky shape. Mondelēz has filed papers at the high court in London accusing Catherine’s Original’s of “passing off” and trademark infringement with its O’bar – a length of chocolate divided into segments each with a rounded semi-oval hump. Continue reading...

Samsung Electronics shares slid despite record profit in the third-quarter

Samsung Electronics reported third-quarter earnings on Thursday.