Day Headlines in Business News: 2026-05-11
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Elon Musk and Tim Cook among CEOs expected to accompany Trump on China trip (BBC Business 2026-05-11 17:24:21)
A total of 17 US executives are set to join the president on his visit, where he will meet his Chinese counterpart Xi Jinping. -
Oil price predicted to remain above $100 for rest of year (BBC Business 2026-05-11 16:57:15)
Investment bank JP Morgan expects oil to remain in the "low $100s" even if the Strait of Hormuz were to reopen next month. -
Ovo energy customers urged not to panic as takeover planned (BBC Business 2026-05-11 13:57:41)
All existing tariffs will be honoured in full under a planned deal that could create Britain's largest energy supplier. -
TikTok launches £3.99 subscription for no ads in UK (BBC Business 2026-05-11 13:15:30)
Those who don't subscribe will be able to use the platform for free - but be shown personalised ads by default. -
Heathrow sees passenger dip amid Iran conflict (BBC Business 2026-05-11 11:43:37)
The west London airport said 6.7 million passengers travelled through Heathrow in April. -
British Steel nationalisation plans announced by Starmer (BBC Business 2026-05-11 11:22:01)
The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this week. -
British Steel set to be nationalised, Starmer says (BBC Business 2026-05-11 10:13:05)
The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this week. -
Trump's China visit set to test fragile truce (BBC Business 2026-05-11 09:26:33)
The first US presidential visit to China in almost 10 years will test a fragile tariff truce. -
Trump and Xi are set to meet. Where do US-China tariffs stand? (BBC Business 2026-05-11 05:39:27)
The first US presidential visit to China in almost 10 years will test a fragile tariff truce. -
Council confirms £300 heating oil support (BBC Business 2026-05-11 05:09:23)
"Residents should not be left behind simply because they are off the gas grid," council leader says. -
Dua Lipa sues Samsung for $15m over use of her image on TV boxes (BBC Business 2026-05-11 02:48:53)
The pop star's legal team alleges a photograph of her face was used on Samsung television boxes without permission. -
Oil prices jump after Trump dismisses Iran proposal to end war (BBC Business 2026-05-11 01:12:30)
The Strait of Hormuz waterway remains effectively shut, severely disrupting global energy shipments.