Hotel prices in Europe jump before total solar eclipse
Rooms in Icelandic capital Reykjavík cost double usual rate and Spain also enjoying strong bookings
Economy
RBA leaves rates steady at 4.35%; warns of more hikes amid high inflation
For the Australian housing market, this pause offers much-needed breathing space, though borrowing constraints, affordability pressures, and supply shortages continue to dictate local market dynamics.
ECB and Frankfurt Radio Symphony invite the public to Europa Open Air concert on 20 August 2026
On Thursday, 20 August 2026 the European Central Bank (ECB) and the broadcaster Hessischer Rundfunk (hr) will once again host the Europa Open Air concert at Weseler Werft in Frankfurt. The free event brings together mus…
Heathrow says need for expansion ‘clear’ as it loses title of Europe’s busiest airport
Heathrow airport said “the case for expansion has never been clearer” after it was overtaken as Europe’s busiest airport by Istanbul.
Nvidia links with Wall Street firms for $500bn AI financing deal
Apollo, BlackRock, Goldman Sachs and KKR among those working with chipmaker to fund infrastructure
Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending
Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentials
RBA interest rates: Reserve Bank holds cash rate at 4.35% but threatens more hikes if needed
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year
Trump’s media company, which also owns Truth Social, reports $238m loss
Company also announced a paid service for early access to president’s posts on policies to the social media site
Zuckerberg pushes ‘superintelligent’ AI for all as Meta drops open-source model
Meta CEO presents utopian vision of AI in 6,000-word essay amid Silicon Valley debate over government regulation
Bernie Sanders calls on Silicon Valley to ‘pause AI development’ in interest of humanity
Senator Bernie Sanders has called on Meta, OpenAI and Anthropic executives to halt their development of artificial intelligence, warning that the US Senate will implement regulation if the companies continue deploying A…
SEC Charges Private Fund Adviser Adit Ventures Management, Its CEO and Affiliated General Partners in Alleged Fraud
Washington, D.C.--(Newsfile Corp. - August 10, 2026) - The Securities and Exchange Commission today charged New York-based investment adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated gener…
Liverpool owners close to £1.35bn sale of 30% stake to consortium including Jeff Bezos
A consortium including the Amazon founder, Jeff Bezos, is close to completing a deal for a 30% stake in Liverpool after months of talks with Fenway Sports Group. The investors are led by Amit Bhatia, the son-in-law of t…
Rush to find solar eclipse glasses as UK high street stocks run short
Some online shoppers may have left it too late to order – but you can view partial eclipse indirectly without specs
John Lewis managing director Peter Ruis quits job after less than three years
The managing director of John Lewis has quit the job after less than three years in charge of the British department store chain, as the company faces “really tough” trading conditions.
Trump says economic pressure building on Tehran as Iran issues fresh demands
President Donald Trump was willing to end the Iran war without securing a nuclear agreement if Tehran fully reopened the Strait of Hormuz, the Wall Street Journal reported on Sunday, citing US officials.
FCA boosts support for innovative firms as they scale and grow
Five fast-growing firms have joined the FCA’s Scale-up Unit, receiving tailored support to help them innovate, navigate regulation and grow sustainably.
Millions in Great Britain could face emergency power cuts at short notice
Exclusive: Grid operator Neso can now respond with rolling blackouts as last resort without need for government powers
Five things to watch in markets in the week ahead
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Thames Water faces row over £1m payment to finance chief
Thames Water has paid its chief financial officer, Steve Buck, a £1m signing fee despite intense scrutiny of Britain’s biggest water company’s finances as it tries to avoid being taken into public control.
UK manufacturers face rising hacking risk as survey shows 30% were hit last year
Nearly a third of British manufacturers have been hit by a cyber-attack on them or a company in their supply chain, according to a survey that highlighted the growing hacking risk to companies.
Cut £175 from energy bills for low-income homes, says thinktank
Labour should draw up an emergency plan to cut energy prices for low-income families by up to £175 this winter, the Resolution Foundation has said.
Burnham vows crackdown on ‘rip-off’ business practices to ease cost of living
Andy Burnham has promised a series of measures to tackle the cost of living, including a ban on fake discounts and making it easier for people to escape unwanted subscriptions.
London mayor orders council to drop plan to ban new pubs and bars in Soho and West End
Exclusive: Sadiq Khan urges Westminster council to adopt ‘positive vision of economic growth’ of nightlife
Chinese EV sales surge to new high in Europe putting tariffs under scrutiny
Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy.