Britain is exploring ways to remove China’s state-owned nuclear energy company China General Nuclear Power Group (CGN) from all future power projects in the UK, the Financial Times reported, citing people familiar with the plans.

US Treasury Secretary Janet Yellen urged lawmakers on Friday to increase or suspend the nation’s debt limit as soon as possible and warned that if Congress does not act by August 2 the Treasury Department would need to take “extraordinary measures” to prevent a US default. 

The US Trade Representative’s office on Friday said it had determined that no tariff action against Vietnam was warranted after its central bank agreed with the US Treasury not to manipulate its currency for an export advantage. 

Uber driver Mae Cee scoffs at the notion, touted by the global ride-share service, that she and her peers are self-employed contractors -- and that most of them are happy with the arrangement.

Ford Motor said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America. 

Tesla has launched an option for select customers to subscribe to its advanced driver assistance software, that is dubbed as “Full Self-Driving (FSD) capability”, for $199 (approx £14,847) per month as an alternative of paying $10,000 (approx £7.5 lakh) upfront. 

After years of waiting, Richard Branson’s journey to space this month on a Virgin Galactic vessel was supposed to be a triumphant homecoming. Instead, the jaunt attracted significant criticism -- about its carbon footprint.

Brazil’s national power grid operator (ONS) has asked electricity generators to postpone maintenance and technical work for as long as possible to help avoid worsening the energy crisis stemming from the country’s worst drought in almost a century. 

Minneapolis Federal Reserve President Neel Kashkari said many US economic sectors faced rapidly rising prices and were struggling to adjust to reopening after the shutdown. 

Inside an unassuming store in New York’s Greenwich Village, around a dozen men unlock black briefcases, remove sports cards and begin to trade them -- a growing hobby and industry that has boomed during the pandemic.

The United States on Friday warned its business community of growing risks of operating in Hong Kong due to China’s clampdown, as an increasing number of Western companies consider abandoning the historic financial hub.

US retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services, supporting expectations that economic growth accelerated in the second quarter.

US Treasury Secretary Janet Yellen announced on Friday that she will meet with regulators next week to discuss “interagency work” on stablecoins, a rapidly growing class of digital currencies that is facing growing scrutiny from policymakers.

US consumer sentiment fell sharply and unexpectedly in early July to the lowest level in five months as inflation worries dented confidence in the economic recovery, a survey showed on Friday. 

Global stocks mostly fell Friday as worries about rising Covid-19 cases and their effect on global growth weighed on sentiment, pushing Wall Street into the red for the week.

US import prices increased solidly in June as bottlenecks in the global supply chain persisted, the latest indication that inflation could remain elevated for a while amid strong domestic demand fueled by the economy’s reopening and fiscal stimulus. 

Federal Reserve Chair Jerome Powell on Wednesday pledged “powerful support” to complete the US economic recovery from the coronavirus pandemic, but faced sharp questions from Republican lawmakers concerned about recent spikes in inflation. 

US Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell will discuss the hot housing market and its risks with fellow regulators on Friday, Bloomberg News reported. 

US Trade Representative Katherine Tai and her British counterpart Liz Truss agreed to continue working to strengthen bilateral ties in a meeting in Washington on Tuesday, Tai’s office said in a statement.

Confidence among small businesses in the United States improved slightly in June after declining in May, despite owners worrying about a labor shortage and inflation, according to a survey released on Tuesday.