BYD, Tesla’s biggest rival in China, has demanded its suppliers slash prices by 10 per cent, as the world’s largest auto market braces for a fresh salvo in a cut-throat price war.

A US-brokered ceasefire between Israel and Lebanon appeared to be holding on Wednesday morning, raising hopes that some of the more than 1mn civilians displaced by the conflict will be able to return ...

American imports of used Chinese cooking oil as a biofuel feedstock have surged since passage of Inflation Reduction Act ...

Nationwide, the UK’s largest building society, recorded a £2.3bn gain from its purchase last month of listed lender Virgin Money, as it posted a drop in first-half profits. In annual results published ...