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Oil prices retreat and global stocks hit record highs after Trump hails ‘great progress’ on Iran deal – business live

6 May 2026 at 09:53

US president pauses ‘Project Freedom’ to work on ‘final agreement’ with Tehran; stocks also ride high on AI euphoria

Job vacancies in the UK bounced back in March but remained near a five-year low, and openings for graduates slumped more than a third.

UK job vacancies showed signs of recovery in March, rising 3.74% month-on-month to 752,711 – the second monthly increase after an extended period of decline, according to the job matching platform Adzuna. Yet despite this tentative rebound, the overall picture remains tough for job seekers. Vacancies are still 13.60% lower than in March 2025, and the market remains near its weakest level since 2021.

Like BP last week, these are unearned windfall profits driven by Trump’s war with Iran.

Equinor now wants to cash in even more by developing the Rosebank oil field, which would be a terrible deal for the UK. This government must put the needs of the British public – for affordable energy and a safe climate – ahead of this Norwegian oil giant’s relentless pursuit of profit.

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© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

  • ✇The Guardian World news
  • Trump’s World Liberty Financial venture sues crypto entrepreneur for defamation Reuters
    Suit alleges that Hong Kong-based Justin Sun engaged in a campaign to ‘torch’ the company’s reputationSign up for the Breaking News US newsletter email World Liberty Financial, the crypto venture co-founded by Donald Trump and his sons, said on Monday it had filed a defamation lawsuit in Florida state court against the Hong Kong-based crypto entrepreneur Justin Sun, as a dispute escalates between the project and one of its most prominent backers.World Liberty posted a copy of its lawsuit on X in
     

Trump’s World Liberty Financial venture sues crypto entrepreneur for defamation

4 May 2026 at 23:49

Suit alleges that Hong Kong-based Justin Sun engaged in a campaign to ‘torch’ the company’s reputation

World Liberty Financial, the crypto venture co-founded by Donald Trump and his sons, said on Monday it had filed a defamation lawsuit in Florida state court against the Hong Kong-based crypto entrepreneur Justin Sun, as a dispute escalates between the project and one of its most prominent backers.

World Liberty posted a copy of its lawsuit on X in which it accused Sun of launching a “public smear campaign”. It alleged that Sun had improperly transferred some of his WLFI tokens that come with voting and governance rights to crypto exchange Binance and, separately, that he had placed bets that WLFI would decline in market value, known as short selling. That was part of a coordinated effort to push the token’s market price down as public trading began in September, the lawsuit alleged.

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© Photograph: Eduardo Muñoz/Reuters

© Photograph: Eduardo Muñoz/Reuters

© Photograph: Eduardo Muñoz/Reuters

  • ✇The Guardian World news
  • Canada to create powerful financial crimes agency as US weakens its approach Leyland Cecco in Toronto
    Cryptocurrency ATMs also face ban, after public inquiry found Canada lacked anti-money-laundering strategyCanada is to establish a new and powerful law enforcement agency to investigate financial crime, in stark contrast to the US, where weakened federal investigators have struggled to pursue fraudsters and the White House has pardoned convicted money launderers.A bill to create the Financial Crimes Agency (FCA) completed its first reading in parliament this week. The legislation was introduced
     

Canada to create powerful financial crimes agency as US weakens its approach

30 April 2026 at 12:07

Cryptocurrency ATMs also face ban, after public inquiry found Canada lacked anti-money-laundering strategy

Canada is to establish a new and powerful law enforcement agency to investigate financial crime, in stark contrast to the US, where weakened federal investigators have struggled to pursue fraudsters and the White House has pardoned convicted money launderers.

A bill to create the Financial Crimes Agency (FCA) completed its first reading in parliament this week. The legislation was introduced by the governing Liberals and with their parliamentary majority, the party is likely to move it through both levels of government quickly.

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© Photograph: NurPhoto/Getty Images

© Photograph: NurPhoto/Getty Images

© Photograph: NurPhoto/Getty Images

  • ✇The Guardian World news
  • Revealed: Nigel Farage was given undisclosed £5m by crypto billionaire in 2024 Anna Isaac
    Exclusive: Reform leader changed his mind about standing as MP after gift from Thai-based crypto tycoon Christopher HarborneNigel Farage was given £5m by the crypto billionaire Christopher Harborne shortly before announcing he would stand in the 2024 British general election, the Guardian can reveal.Farage had already stated he did not intend to stand as a prospective MP but U-turned within weeks of receiving the personal gift from the Thai-based businessman. Continue reading...
     

Revealed: Nigel Farage was given undisclosed £5m by crypto billionaire in 2024

29 April 2026 at 10:19

Exclusive: Reform leader changed his mind about standing as MP after gift from Thai-based crypto tycoon Christopher Harborne

Nigel Farage was given £5m by the crypto billionaire Christopher Harborne shortly before announcing he would stand in the 2024 British general election, the Guardian can reveal.

Farage had already stated he did not intend to stand as a prospective MP but U-turned within weeks of receiving the personal gift from the Thai-based businessman.

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© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

Take action over officials in Kyrgyzstan ‘helping Russia evade sanctions’, MPs and peers say

23 April 2026 at 14:45

British foreign secretary told to impose new measures as ruble-pegged cryptocurrency A7A5 is supported in country

More than 20 MPs and peers have called on the foreign secretary to take action against institutions and individuals in Kyrgyzstan allegedly facilitating large-scale Russian sanctions evasion.

They urged the UK to levy personal sanctions against three top Kyrgyz officials for their alleged role in facilitating Russian sanctions evasion more broadly, and more specifically for allowing Kyrgyzstan to host infrastructure supporting the cryptocurrency A7A5.

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© Photograph: mikkelwilliam/Getty Images

© Photograph: mikkelwilliam/Getty Images

© Photograph: mikkelwilliam/Getty Images

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