Day Headlines in Business News: 2026-05-07
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Trump gives EU ultimatum deadline to approve trade deal with US (BBC Business 2026-05-07 23:11:35)
Trump's deadline to the European Union came as a trade court ruled his global tariff policy violated US law. -
How sunburn inspired a new way to store energy (BBC Business 2026-05-07 23:03:04)
Molecules that can capture heat could be a useful technology to decarbonise heating. -
Trump gives 4 July ultimatum to EU to approve trade deal with US (BBC Business 2026-05-07 20:57:17)
The US president said the European Union must enact the trade deal agreed last year and drop tariffs on American goods to zero. -
Morrisons supermarket in Wales fined £750k for dirty bakery (BBC Business 2026-05-07 19:18:20)
A judge said the case was not about a few rogue employees but showed serious and systemic failure. -
Portugal and Italy will not suspend digital border checks for Brits (BBC Business 2026-05-07 15:41:28)
Reports had suggested the countries were set to follow the example of Greece, which effectively suspended biometric checks for UK nationals. -
Average house price falls by 5%, report shows (BBC Business 2026-05-07 15:35:22)
The cost of an average island property is down from almost £600,000 at the start of 2025. -
Major rail disruption expected in southern England until end of day (BBC Business 2026-05-07 12:18:12)
A radio fault has been resolved but passengers could continue to face long delays, warns Network Rail. -
Major rail disruption in south of England following radio fault (BBC Business 2026-05-07 09:57:55)
Trains have been cancelled and delayed, but Network Rail says services are now returning to normal. -
Shell latest oil giant to see profits surge due to Iran war impact (BBC Business 2026-05-07 09:38:04)
The energy giant's profits jump by nearly a quarter as it benefits from the recent volatility in the oil price -
Shell profits rise as Iran war pushes oil prices higher (BBC Business 2026-05-07 07:27:08)
The energy giant reports profits of $6.92bn for the first three months of the year. -
$19bn order boosts Belfast Airbus factory (BBC Business 2026-05-07 06:05:25)
Malaysian airline Air Asia places an order for 120 Airbus A220s, the wings of which are made in Belfast. -
'How loan shark threats keep victims like me silent' (BBC Business 2026-05-07 05:19:53)
A meat cleaver and samurai sword are among items seized from suspects, shown exclusively to the BBC. -
The AI fitness instructors selling unreal gains (BBC Business 2026-05-07 05:15:08)
A BBC Sport investigation finds misleading adverts for fitness apps that use AI-generated instructors to make exaggerated claims.