Business News
Trump's $10BN BBC Lawsuit Backfires as Judge Opens His Business Empire to Scrutiny
IBTimes - 22 Jul 2026 05:25
A US court has ordered Donald Trump to disclose financial records in his $10 billion defamation lawsuit against the BBC, potentially exposing his business empire to scrutiny.
UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens
Bitcoin.com - 22 Jul 2026 03:50
A cross-party group of U.K. lawmakers has opened an inquiry into banking restrictions affecting crypto companies and their customers. The review will assess whether account closures, payment blocks and transfer limits th...
An OpenAI job listing described ambitions to build an ad network. Then the company deleted the references.
Business Insider - 22 Jul 2026 03:00Trump Plans to Impose Tariffs on Generic Drugs
The New York Times - 22 Jul 2026 01:24
The administration has repeatedly said it will impose steep pharmaceutical tariffs but has not followed through on them.
A 1,900% Surge May Be Sending a Bigger Warning Than Oil Prices
Bitcoin.com - 22 Jul 2026 14:02
A hidden cost of moving the worlds oil has exploded nearly 1,900%, Devere Group analysis shows, signaling a level of risk that some analysts say could prove far more important than oils latest rally as tensions around th...
Bessent doubles down on short-term debt as rates turn
The Street - 22 Jul 2026 13:33
The Treasury's borrowing playbook has worked for years. It rests on one assumption that just started to crack.
JPMorgan CEO Warns UK PM Burnham Higher Bank Taxes Could Threaten $4B HQ Plans: 'I Would Be Very Cautious'
IBTimes - 22 Jul 2026 13:19
JPMorgan CEO Jamie Dimon warns higher financial sector taxes could hinder UK investment, impact plans for a new London HQ, and affect the broader economy.
Zuckerberg's stock rebound made him world's 5th richest at $222B
The Street - 22 Jul 2026 13:17
Meta stock's July rally pushed Mark Zuckerberg's net worth to $222.1 billion, making him the world's fifth-richest person. See what fueled the surge.
Trump Faces Scrutiny Over $13B in Venezuelan Oil Cash as Only $300M Is Publicly Traced to Caracas
IBTimes - 22 Jul 2026 13:12
The US control over Venezuelan oil revenue has led to calls for an audit, amid concerns about transparency and legal justification, as Venezuela struggles with economic and humanitarian crises.
Norways national oil companys profits double to $11.5bn amid war on Iran
The Guardian - 22 Jul 2026 12:45
Equinor benefits from decision to increase oil and gas production during strait of Hormuz blockadesBusiness live - latest updatesProfits at Norways state oil company nearly doubled to $11.5bn (£8.6bn) in the three month...
Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low
Coin Desk - 22 Jul 2026 05:03
Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986.
Risking blackouts? How Great Britains grid operator was dragged into a political row
The Guardian - 22 Jul 2026 05:00
Neso denies allegations aired by Tory MP that staff took part in cover-up over decision-making in heatwaveIn a control room in Wokingham, Berkshire, staff work around the clock, minute by minute, to align Great Britains ...
France passes law banning under-15s from social media
BBC - 22 Jul 2026 03:50
The law will require social media platforms in France to verify all users age from January.
Unutilised CGAS funds: Don't let 3-year exemption deadline trigger tax notice
livemint.com - 22 Jul 2026 22:53
A widespread misconception exists that capital gains tax remains deferred until funds are physically withdrawn from the CGAS account.
Newly Appointed Education Secretary Lucy Powell's Anti-Academies Past Raises Questions Over Future of England's Schools
IBTimes - 22 Jul 2026 22:43
Lucy Powell's appointment as Education Secretary raises concerns due to her past opposition to academy expansion, sparking debate over potential shifts in the UK's educational policies.
Southern Water Chiefs Face Fraud Trial Over Alleged Wastewater Test Manipulation
IBTimes - 22 Jul 2026 22:42
Former Southern Water chief Matthew Wright lost a High Court bid to block fraud charges over alleged wastewater test manipulation and fake no-flow events.
Joaquín Castro Accuses Trump Administration of 'Graft' Over Venezuela's Untraced Oil Billions
IBTimes - 22 Jul 2026 22:35
Democratic congressman Joaquín Castro accuses the Trump administration of mismanaging Venezuelan oil revenue, highlighting a lack of transparency as Venezuela struggles with earthquake recovery and economic challenges.
Income-tax returns: Here's how to file ITR online without a CA? A step-by-step guide for FY26
livemint.com - 22 Jul 2026 22:31
Filing your income tax returns can be a tough task for first-time taxpayers and salaried individuals alike. Here's a stepwise guide to filing your ITR online yourself, without a CA or tax professional.
My second husband and I have kids from previous relationships. Should my house go to him or my children if I die first?
Market Watch - 22 Jul 2026 22:30Donald Trump Tax Immunity Scandal: Judge Throws Out $1.8bn Deal As Lawyer Faces Discipline
IBTimes - 22 Jul 2026 22:26
A federal judge has thrown out Donald Trump's $1.8bn IRS settlement, saying the case was brought for an improper purpose and referring a lawyer for possible disciplinary action.
Trump's DOJ Expands 'Largest Denaturalisation Effort Ever' by Targeting 10 Naturalised Criminals
IBTimes - 22 Jul 2026 22:17
The Trump administration intensifies its denaturalisation efforts, targeting 10 naturalised Americans accused of fraud and criminal activities, raising concerns about the scrutiny of old immigration files.
US Army Reimposes AI Limits Weeks After Burning Through 'Unlimited' Token Pool
IBTimes - 22 Jul 2026 22:12
The US Army reinstated AI usage limits after employees exhausted a shared token pool weeks after unrestricted access began.