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 ...

Profits for the peak summer months rose 11 per cent to a record £960mn, as easyJet carried more passengers and airfares held steady. Its package holiday business also reported a strong year, as ...

White Oak’s new claims hinge on communications indicating concerns at Marsh over failed firm’s credit insurance provider ...

Leading female athletes, including Serena Williams, explain why beauty has become core to game-day preparations ...

How can this fast-changing technology help providers update products more efficiently and successfully at each stage of R&D ...

Plus, the crypto side-hustle driving Telegram’s latest financial boost and Citigroup pulls back on promotions in bank ...

Szymon Midera says mortgage mis-selling costs have depleted funds available to finance switch towards renewables ...

However, the GC had acted as a catalyst to this conversation because he worried about what would happen to the business in ...

Simply sign up to the US & Canadian companies myFT Digest -- delivered directly to your inbox. The growth of private credit ...