business

Deutsche Bank says the Reserve Bank of Australia will follow the script from previous crises and deliver a double rate cut when it next meets in May, as Donald Trump’s threats of even higher tariffs on China added to fears of a looming global trade war. Financial markets and economists were in agreement the RBA … Read more

European stock markets opened higher on Tuesday in early signs of a rebound from the punishing global sell-off triggered by US trade tariffs. Stock markets in the UK and across the EU were in positive territory in early trading on Tuesday, as some investor optimism returned after heavy falls as a result of Donald Trump’s … Read more

More than 40 Labour MPs from three influential backbench groups have called on ministers to introduce digital IDs, which they claim would boost productivity in delivering public services and crack down on illegal employment. The open letter – organised by the Rother Valley MP, Jake Richards – is signed by the co-chairs of the Labour … Read more

The new Liberal candidate for the seat of Whitlam once claimed school students were being “brainwashed” by Marxist and woke ideologies – despite replacing another candidate dumped by the party for his controversial views. The party’s New South Wales branch administrative committee confirmed on Sunday Benjamin Britton had been disendorsed after Guardian Australia revealed a … Read more

Data Point: Do schools in north India teach southern languages? | Video Credit: The Hindu With the debate over Tamil Nadu’s refusal to adopt the three-language policy still ongoing, the latest data needed to address key questions on the issue is lacking. Vital data that could help bring clarity is the list of languages currently … Read more

Investors have piled back into Australian shares, even as a showdown looms between the US and China in a tariff battle that threatens to paralyse global trade. The benchmark S&P/ASX 200 was up 1.5% in early afternoon trading on Tuesday, erasing some of the steep losses suffered a day earlier when the share market recorded … Read more

China’s government says it will “fight to the end” if the US continues to escalate the trade war, after Donald Trump threatened huge additional tariffs in response to China’s retaliatory measures. On Tuesday, China’s commerce ministry accused the US of “blackmail” and said the US president’s threats of additional 50% tariffs if Beijing did not … Read more

The NHS is attempting to ease the pressure on GPs and A&E by sending a new type of health worker door to door in deprived areas to help detect illnesses before people need urgent care. Community health and wellbeing workers (CHWW) are already deployed in 12 areas of England, with 13 others to follow, in … Read more

The Bank of England should use its meeting next month to cut interest rates by at least half a percentage point to 4% in response to the financial turmoil created by Donald Trump’s trade tariffs, the former deputy governor Charlie Bean has said. He believes an aggressive strategy is needed to combat the fallout from … Read more

South Korea will hold a presidential election on 3 June, the country’s acting president said on Tuesday, after predecessor Yoon Suk Yeol was impeached and removed from office over a disastrous declaration of martial law. The government “is to set June 3 as the date for South Korea’s 21st presidential election”, prime minister Han Duck-soo … Read more