US retail giant receives $1bn boost from tariff refundsThe US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.2 hrs agoBusiness

Shein aims for almost $27bn valuation in 1 September stock market debutThe valuation is much lower than $100bn reached in a round of private fundraising in 2022.21 mins agoAsia

New York mayor Mamdani sues to block $10,000 teaching aide bonuses

Trump Mobile promoted a 'Made in the USA' phone - but the details kept changingBBC Verify tracks the changes in design, spec, manufacture and release date of the T1 phone from Trump Mobile.2 hrs agoUS & Canada

Science & Technology

Did a goat herder's lucky $200 nugget spark a gold rush in western Kenya?Prospectors have come to West Pokot county in the hope a gram of the precious metal can change their lives.2 hrs agoAfrica

Canada battles the clock, politics in scramble to avert Trump’s tariffs

Canada says it will match US tariffs 'dollar for dollar' as trade talks break downNew 50% levy on $20bn of Canadian imports comes into force after last minute breakdown in trade talks.12 mins agoUS & Canada

Japan’s economy slows, missing growth forecasts

Ex-Abercrombie & Fitch chief fit to stand trial in sex trafficking case, judge saysJeffries was declared "mentally incompetent" by a court last year and said to be suffering with dementia and late onset of Alzheimer's disease.11 hrs agoUS & Canada

US borrowing costs rise as attempts to ease rates prove short-livedEconomists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.2 hrs agoBusiness

'Reasonable' or a 'hit list'? New Yorkers react to rollout of Mamdani's tax on second homesA list of expensive New York homes has sparked a controversy as Mamdani implements a second home tax.2 hrs agoUS & Canada

Panama Canal to cut number of ships passing through due to El NiñoThe crucial waterway's operator says low rainfall caused by the ocean pattern had led to the decision.9 mins agoBusiness

India's Gen Z are driving up a mega boom in its beauty marketE-commerce, rising income levels and the world's largest youth population are fuelling India's beauty boom.19 hrs agoAsia

Trump threatens 'tremendous economic consequences' on any country helping IranIt comes after a 60-day ceasefire expired on Monday, with no sign of a diplomatic or military off-ramp to the conflict.41 mins agoWorld

US long-term borrowing costs ease after government steps inIt comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.1 hr agoUS & Canada

Mobile payments on the rise but cash decline slowsNine in 10 mobile wallet users have their debit card loaded as their default payment method, new data shows.20 hrs agoBusiness