Labour wants solar ‘for all’ with $160m policy aimed at power bills
The SolarSaver package, announced today, would cost $160 million over four years, which the party says it will fund by repurposing the coalition’s gas security fund.
Business
Hundreds of jobs at risk in John Lewis’ gift wrapping and money exchange services
No final decision has been made but the job cuts will happen in the autumn if the redundancy plans are approved.
Auto industry total retail sales rise 21.83 pc at 25,57,234 units in June: FADA
NEW DELHI, July 6: Total automobile retail sales in India grew by 21.83 per cent year-on-year at 25,57,234 units in June, with the industry remaining cautiously optimistic going forward hoping for monsoon to make up for the deficit, Federation of…
What’s likely to move the market
A decline in chip stocks and a spike in oil prices dragged the market down on Tuesday. The Nasdaq lost more than 1%, while the Dow pulled back from 53,000.
Sanctions and Strikes: Navigating the Oil Tensions in the Strait of Hormuz
The U.S. has re-imposed sanctions on Iranian oil, citing attacks on vessels in the Strait of Hormuz. The move ends Iran’s oil sale grace period and raises oil prices. Tensions threaten U.S.-Iran negotiations, as the Strait remains a crucial oil transit route. Continued disruptions could impact global energy markets.
Traders on Kalshi think the Nasdaq-100 will end 2026 above 30,000
Speculators think the massive rally in the Nasdaq-100 since the lows following the U.S.-Iran war will be more subdued in the second half of 2026.
FedEx Is Abandoning Its Supply Chain Business. FDX Stock Investors Need the Logistics Giant to Protect Its Core Network.
FedEx is selling FedEx Supply Chain to shipping giant CMA CGM for $1.4 billion, narrowing its focus to premium B2B shipping, logistics, and freight moves.
Challenges in the hospitality industry
THIS year, the country’s hospitality industry stands at a strategic inflection point. The post-pandemic recovery has matured into a more complex equilibrium, one defined not simply by returning tourist volumes, but by intensified competition, rising labor expectations, environmental constraints, and the growing dominance of global hotel chains and digital platforms.
Tensions Flare in Strait of Hormuz: US Cuts Iranian Oil Sales
The United States has revoked a license allowing Iranian oil sales, citing Iran’s hostile actions in the Strait of Hormuz. This move follows attacks on tankers, risking further strain on US-Iran relations. The region’s tension could disrupt global oil supply and influence energy prices.
CARB defers initial SB 253 reporting deadline from August 10 to November 10 and plans rule changes
On June 24, CARB announced that it is deferring the deadline for initial Scope 1 and Scope 2 greenhouse gas emissions reporting under SB 253 from August 10…