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ONS says sales up by 0.7% in March, spurred by big rise in fuel purchases and sunny weather helping retailersBusiness live – latest updatesRetail sales in Great Britain rose last month due to motorists stocking up on fuel as they watched prices at the pump escalate rapidly because of the Iran war.The Office for National Statistics (ONS) said that the volume of retail sales rose 0.7% last month, well above analysts’ forecasts of just 0.1%, as the quantity of fuel bought hit the highest level since 2021. Continue reading...

Top buyers promised access at Mar-a-Lago event as Democrats and watchdogs warn of pay-to-play risksDonald Trump is slated to star at a cryptocurrency bash on 25 April at his Mar-a-Lago club for scores of purchasers of his crypto memecoin $Trump that has enriched him while in office. The move is fueling renewed criticism from top Democrats and ethics watchdogs that he is using the presidency for financial gains in a break with ethical norms.The Trump-linked Fight Fight Fight LLC has hyped the event as “THE MOST EXCLUSIVE CRYPTO & BUSINESS CONFERENCE IN THE WORLD”. It’s promising a luncheon with Trump as its keynote speaker, according to the memecoin’s official website and its social media account. Continue reading...

The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggestFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFor many coffee drinkers, takeaway orders are changing from a habitual purchase to an occasional treat, as elevated petrol prices and other living costs leave households feeling glum.This rapid shift in behaviour has disappointed cafe owners and surprised economists, raising an uneasy question: if takeaway coffee sales are falling, is the economy next? Continue reading...

Norway leads the way in terms of switching as data shows 224,000 new EVs were registered in MarchBusiness live – latest updatesSales of electric cars soared 51% in continental Europe last month, amid a rise in petrol and diesel costs driven by the Iran war.Data shows that 224,000 new electric vehicles (EVs) were registered in March, and 500,000 across the first three months of the year – a 33.5% increase on a year earlier, according to analysis of national sales data in 15 countries by New Automotive and E-Mobility Europe, a trade body. Continue reading...

• Apple announced a delay of the Vision Pro 2 launch to Q4 2026 on April 19, pushing the release back six months as initial sales of the first-generation headset underperformed internal forecasts. • The company cited mixed customer feedback regarding the $3,499 price point, limited app ecosystem, and extended battery life requirements as factors influencing the postponement and product refinement timeline. • The delay marks a strategic recalibration for Apple in the spatial computing market and provides competitors including Meta's Quest 3 and Sony's PlayStation VR2 additional time to strengthen market position.

• Salesforce announced Headless 360 on Wednesday, enabling AI agents to access its platform capabilities via APIs, MCP tools, or CLI commands. • The initiative marks the company's most ambitious architectural transformation in 27 years, aiming to enhance AI integration across its ecosystem. • This development matters as it positions Salesforce as a leader in AI-driven enterprise software, potentially accelerating agentic AI adoption in business operations.

Attempt by independent senator set to test Democratic support for longtime US ally amid Trump’s war on IranAn attempt set for Wednesday by senator Bernie Sanders to block sales to Israel of bombs and bulldozers will serve as the latest litmus test of support for the longtime US ally among Democrats.Sanders, an independent who caucuses with Senate Democrats, plans to call up for a vote a resolution halting a $151.8m sale of 12,000 1,000lb bombs to Israel’s military, as well as a second resolution that would prevent the sale of $295m in bulldozers. Continue reading...

Credit can be used to offset future bills as full-year losses at UK division widen to £41.3m and it adds 92 storesStarbucks’s UK retail arm received a £13.7m corporation tax credit last year, even as its sales increased 6% and it added more than 90 stores.The credit, which can be used to offset future tax bills, comes after losses widened to £41.3m in the 12 months to the end of September – almost matching the £40m it paid in royalty and licence fees to its parent company. Continue reading...

• The US Treasury Department announced sanctions on April 4, 2026, targeting 12 Chinese companies accused of supplying missile components to Taiwan's military in violation of export controls. • Sanctions freeze $2.1 billion in US-based assets and ban future transactions, following intelligence reports of shipments totaling 500 tons of avionics parts since January. • The move heightens US-China tensions, with Beijing calling it 'economic blackmail' that threatens South China Sea stability and global semiconductor supply chains.

• Trump's AI adviser David Sacks defended the decision to allow UAE access to powerful American semiconductor technology, calling it a turning point for establishing US tech dominance globally. • The UAE's $1.4 trillion investment and economic framework with the US, announced last year, continues as planned with accelerated deployment and funding in AI, energy, advanced manufacturing, and critical infrastructure. • Trump's 2025 visit to the UAE resulted in plans for a 5GW UAE-US AI Campus, a major joint infrastructure initiative.

Firm’s sales up 54% this month and Good Energy reports doubling of interest in solar after latest oil price shockSolar panel sales have risen sharply since the start of the Iran war, according to Octopus Energy, and households are opting for bigger arrays of roof panels.Sales were up 54% so far this month compared with the same period last month, the company said on Thursday. Continue reading...

• Semiconductor design giant Arm revealed on March 25, 2026, it will market its own chips for the first time, aiming for $15 billion in annual sales. • CEO Rene Haas discussed the move in exclusive interviews, marking a shift from licensing designs to direct competition in AI and data center markets. • The announcement boosted SoftBank shares and highlights re-industrialization trends in U.S. tech supply chains amid AI demand.

• North Carolina lawmakers introduced bills to scale back hospitals' property tax and sales tax exemptions, potentially shifting millions to state and local governments amid soaring medical costs. • The Joint Legislative Oversight Committee on Health and Human Services heard arguments on March 10, with a vote expected in April before advancing to full House and Senate. • Hospital groups like the North Carolina Healthcare Association warn of strained resources, especially for rural facilities operating on small margins, threatening patient access.

German food delivery firm’s share price has plummeted by 93% since 2021 boom during Covid lockdownsHelloFresh has reported a sharp decline in sales as the struggling food delivery company battles falling demand after the pandemic-era meal kit boom.The German company was forced to make 900 UK job cuts last year with the closure of a delivery site in Nuneaton, and the demand for meal kits tumbled as revenue fell by more than 11% during 2025. Continue reading...

• Research firm IDC significantly lowered its 2026 PC shipment forecast to an 11.3% decline, compared to the previous projection of a 2.4% drop, driven by ongoing memory shortages, rising component costs, and supply chain disruptions expected to persist into 2027. • Tablet shipments are also expected to fall 7.6% in 2026, though the overall market value is projected to increase slightly as higher component costs drive up per-unit prices for computers and devices. • IDC predicts that truly inexpensive computers will become rarer as the industry adapts to a new normal with elevated component pricing, fundamentally changing the affordable computing landscape.

Swift leads with 1.6m vinyl sales of The Life of a Showgirl in 2025 while Sabrina Carpenter and Kendrick Lamar round out the LP chartsFor the first time in over four decades, US vinyl sales have topped $1bn in annual revenue.Vinyl purchases reached $1.04bn in 2025, per a new report by the Recording Industry Association of America (RIAA) published on 16 March. It marks the 19th consecutive year of growth for the format that was once considered a niche interest. Continue reading...

New AAA data shows petrol vehicles fell to a record quarterly low of 66.3% of sales. Follow today’s news liveGet our breaking news email, free app or daily news podcastNew data from the Australian Automobile Association (AAA) shows petrol-electric hybrid vehicles have reached record sales, while traditional fuel cars lose ground.In the fourth quarter of 2025, 55,458 new hybrids were sold, accounting for 19.13% of all new light vehicle sales. This comfortably eclipsed the previous record of 16.7% set in the September quarter of 2024. In addition, 15,411 plug-in hybrid electric vehicles were sold – 5.32% of light vehicle sales, up from its previous record of 4.82% in the January quarter of 2025. Continue reading...

• Virginia lawmakers passed a bill legalizing recreational cannabis sales for adults 21+ from January 1, 2027, authorizing up to 350 retail stores by 2028. • The framework prioritizes licenses for residents from disproportionately policed areas, veterans, and distressed farmers, with a 6% state tax plus local add-ons up to 3.5%. • This aligns Virginia with eastern states' tax models, potentially generating revenue while promoting equity in licensing.

Adobe shares fell 5.4% on March 13, 2026, even after exceeding Wall Street's sales and profit estimates for the quarter. Investors reacted negatively to the software maker's forecast for recurring subscription revenue, which underwhelmed expectations amid competitive pressures in creative software. The drop underscores concerns over growth sustainability in tech amid macroeconomic headwinds. Adobe's outlook may influence sentiment for other SaaS companies reporting soon.