China tycoon Guo convicted in US over $1bn scam
Prosecutors said cash raised from businessman’s online followers was used to fund his lavish lifestyle. Read More
Interest rates could stay higher for longer, warns IMF
Inflation is proving persistent in some countries, the fund says, making it trickier for rates to be cut. Read More
Avanti West Coast talks over ‘unacceptable performance’
The operator was called in to meet Labour’s new transport secretary to discuss its poor performance. Read More
Harland & Wolff ‘reworks’ call for government help
The shipyard proposes a deal for a standard 80% loan guarantee to give the firm financial stability. Read More
Fujitsu witness had limited Horizon knowledge – inquiry
Security analyst Andy Dunks gave evidence in dozens of cases despite “limited” Horizon knowledge. Read More
All water firms now investigated for sewage spills
All 11 companies in England and Wales are now being probed after the regulator expands its investigation. Read More
Post Office boss to step back to prepare for inquiry
Nick Read will step back from his duties to focus on preparing for the final stage of the Horizon IT inquiry. Read More
UK economy grew faster than expected in May
A strong performance from the retail and construction sectors helped the economy grow by 0.4%. Read More
Millions of people not working is ‘unacceptable’ says Labour
Rising levels of worklessness require “immediate action”, the new Labour government has said. Read More
Will K-pop’s AI experiment pay off?
Some of the genre’s biggest names are now using artificial intelligence, but fans are divided. Read More