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Global stock markets fall as growth fears rattle investors

UK shares slide after more signs of waning consumer confidence trigger steep falls in US markets.

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Pressure builds on Rishi Sunak to act now on living costs

The CBI and the TUC urge the government to help the “hardest hit” as inflation soars.

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Russian McDonald’s buyer to rebrand restaurants

The fast food giant says the new owner of its 850 Russian restaurants will operate them under a new brand.

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Royal Mail warns it will put prices up again

The company says it has to act to cover higher costs, including wages, energy and fuel expenses.

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Cost of living: Calls to bring benefit and pension rises forward

Big increases are due next April but charities say soaring prices mean people need the money now.

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M&S warns online sales tax will damage High Street

Marks & Spencer says extra tax for online shops will mean lower investment in High Street stores.

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Ratan Tata: Tycoon’s ride in India’s cheapest car wins internet

When Ratan Tata recently rode in the Nano, he revived the frenzy over India’s “most affordable car”.

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Leaky Gucci and Adidas ‘sun umbrella’ sparks China outcry

Chinese social media users say they are shocked the £1,329 item will not stop rain.

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India seeks to win public trust in crisis-hit Sri Lanka

Sri Lanka’s giant neighbour is emerging as one of its biggest providers of aid, after years of mistrust.

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Ukraine invasion could cause global food crisis, UN warns

UN chief Antonio Guterres warns that developing countries face disaster due to rising prices.