Business

Sainsbury’s profit set to dip as price war looms
The supermarket giant forecasts pressure on profits as competition for customers intensifies.

Shein and Temu warn tariffs will push up prices in US
The firms said operating expenses have risen “due to recent changes in global trade rules and tariffs”.

Why China curbing rare earth exports is a huge blow to the US
As the trade war continues to escalate, China has hit back at Trump by suspending exports of rare earth minerals.

‘Getting Instagram to fix my account was almost traumatising’
Small businesses say Meta is not helping them recover their hacked Instagram and Facebook accounts.

Tariffs will hit US economy and raise prices, says Fed boss
Jerome Powell, chair of the Federal Reserve, said Donald Trump’s new import taxes were larger than expected.

UK bans EU cheese and meat imports to prevent disease spreading
People coming into Great Britain can no longer bring cured meats or cheese from the EU following an outbreak of foot-and-mouth disease.