recentSee all
A picture

Global bond sell-off eases after weak US jobs report and smooth Japanese debt auction – business live

The price of oil is dropping this morning, on predictions that the Opec+ group could increase production again.Opec+ are due to meet on Sunday when they will consider whether to agree another increase in output targets.OPEC+ had already agreed to raise output targets by about 2.2 million barrels per day from April to September, plus a 300,000 bpd quota increase for the United Arab Emirates.The possibility of a further increase to supply has pushed Brent crude down by around 1% this morning, to below $67 per barrel

A picture

UK court freezes £150m of assets of collapsed Prax Lindsey oil refinery owner

A court has frozen £150m of assets belonging to the owner of the collapsed Prax Lindsey oil refinery, an oil tycoon whose whereabouts have been a mystery since the plant’s sudden financial implosion earlier this year.Administrators sifting through the wreckage of five companies in the Prax empire are suing Winston Soosaipillai, better known by his middle names Sanjeev Kumar, for breach of his duties as a director after the energy group’s failure.On Wednesday freshly published court filings revealed that a judge at the high court in July granted the companies’ request for a “freezing injunction” against Soosaipillai.The order prevents him from removing from England and Wales, or selling, assets up to the value of £150m. If he fails to comply, he can be imprisoned or fined or his assets can be seized

A picture

Google Pixel 10 review: the new benchmark for a standard flagship phone

Google’s new cheapest Pixel 10 has been upgraded with more cameras, a faster chip and some quality software that has brought it out of the shadow of its pricier Pro siblings to set a new standard of what you should expect from a base-model flagship phone.The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more.The regular Pixel 10 costs £799 (€899/$799/A$1,349) – the same as last year’s Pixel 9 – undercutting the 10 Pro by £200 and matching rivals from Samsung and Apple while offering more for your money

A picture

‘Slap on the wrist’: critics decry weak penalties on Google after landmark monopoly trial

A judge ruled on Tuesday that Google would not be forced to sell its Chrome browser or the Android operating system, saving the tech giant from the most severe penalties sought by the US government. The same judge had ruled in favor of US prosecutors nearly a year ago, finding that Google built and maintained an illegal monopoly with its namesake search engine.Groups critical of Google’s dominance in the internet search and online advertising industry are furious. They contend the judge missed an opportunity to enact meaningful change in an industry that has suffocated under the crushing weight of its heaviest player. Tech industry groups and investors, by contrast, are thrilled

A picture

Alex Matthews to captain England in final World Cup pool game against Australia

Alex Matthews will captain England for only the second time in her career in their final pool match of the Rugby World Cup against Australia, among one of 12 changes made to the Red Roses’ starting XV.Jess Breach will win her 50th cap on the wing in Brighton and Holly Aitchison will potentially make her first appearance of the tournament from the replacements bench with a victory cementing a top of the pool finish. The Red Roses have already secured their quarter-final place.Matthews captained her country for the first time at the 2024 WXV tournament against the USA and takes on the skipper duties once again on Saturday despite vice-captain Meg Jones retaining her starting shirt at outside centre. Regular captain Zoe Aldcroft is still injured, while Marlie Packer, who captained last week against Samoa, is not in the matchday squad

A picture

Jannik Sinner outclasses Lorenzo Musetti to storm into US Open last four

Jannik Sinner continued his march toward a second consecutive US Open title on Wednesday night, dispatching the 10th-seeded Lorenzo Musetti 6-1, 6-4, 6-2 in two hours flat in the first ever all-Italian men’s quarter-final at a grand slam tournament. The world No 1 and top seed in New York was tested only in flickers but proved unmovable, saving all seven break points he faced while converting five of his six opportunities. The result laid bare once again the gulf between Sinner’s metronomic consistency and the rest of the field, even when confronted with a compatriot armed with one of the most elegant backhands in the sport.Sinner burst from the gate, taking the first five games from an unsettled Musetti and pocketing the opening set in just 27 minutes. His depth and weight of shot locked his fellow Italian into defensive exchanges, and while Musetti produced stylish winners in spurts, they were outweighed by errors both unforced and otherwise