Day Headlines in Business News: 2026-05-14
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Why Modi wants Indians to buy less gold and take fewer foreign holidays (BBC Business 2026-05-14 23:49:30)
Modi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.
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Inside the secretive and lucrative world of orchid breeding (BBC Business 2026-05-14 23:03:16)
It can take a decade to bring a new orchid to market, so breeders keep their hi-tech processes secret.
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AI could put people off tech jobs and hurt the economy, warns Raspberry Pi boss (BBC Business 2026-05-14 23:01:20)
Eben Upton warns against claims that Artificial Intelligence will destroy vast numbers of computing roles over the coming years.
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Cuba says CIA chief visited Havana as energy crisis worsens (BBC Business 2026-05-14 21:39:10)
The reported visit came after the US renewed an offer of aid to ease the effects of its oil blockade.
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Trump and Xi hold talks but no trade deal agreed (BBC Business 2026-05-14 21:06:44)
There was plenty of choreographed ceremonies, but there was no sweeping trade breakthrough as Trump met Xi in Beijing.
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Cuba considers $100m US aid offer as energy crisis worsens (BBC Business 2026-05-14 16:05:04)
Cuba says it is unclear if the US aid offer would be in cash or assistance in-kind as shortages hit.
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Cost of living concerns in St Helier Central (BBC Business 2026-05-14 14:35:28)
The BBC has heard concerns about poverty and cost of living from St Helier Central voters.
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Honda makes its first annual loss in 70 years (BBC Business 2026-05-14 13:25:07)
The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.
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Faisal Islam: Six things we now know about the UK economy in charts (BBC Business 2026-05-14 13:08:42)
The UK economy is showing resilience – it’s worth diving into the data in more detail to understand why.
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Major police operation targets drug and knife crime (BBC Business 2026-05-14 10:17:30)
West Midlands Police brings Operation Fearless to Handsworth.
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UK economy sees surprise growth in March despite Iran war (BBC Business 2026-05-14 09:53:21)
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
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Changes to PIP payments (BBC Business 2026-05-14 08:29:47)
Finance expert Laura Pomfret explains to PIP payments.
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UK economy grew faster than expected in March (BBC Business 2026-05-14 07:42:22)
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
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Woman in bank row over depositing £900 HMRC cheque (BBC Business 2026-05-14 05:29:21)
Annabel Yates says she faces a 94 mile round trip to bank a cheque because of changes at Lloyds.
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HMRC to use AI from British tech firm to spot fraud and tax return errors (BBC Business 2026-05-14 05:10:45)
Quantexa, a financial data platform, won the £175m contract to spot fraud and tax return errors.
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Cuba has run out of diesel and oil, energy minister says (BBC Business 2026-05-14 04:26:09)
The minister says the situation in Cuba is "extremely tense", as a US-led blockade of oil to the country causes widespread power cuts.
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Australian giant Coles misled shoppers with fake discounts, court rules (BBC Business 2026-05-14 03:09:20)
The decision, which comes amid similar case against Woolworths, could mean significant penalties.