German CEOs worry Merz’s €10bn tax cuts are too little to jump-start economy
Chancellor is battling weak business sentiment and a surge in support for the far right
Chancellor is battling weak business sentiment and a surge in support for the far right
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Lynas, JS Link sign deal for Malaysian magnet plant
A Lynas worker in Mount Weld, Australia, picks up a handful of rare-earth concentrate in 2019. The material has been left to dry in the sun before being shipped to Malaysia. © ReutersSHAUN TURTONJuly 7, 2026 14:19 JSTCANBERRA -- Australia's Lynas and South Korean magnet maker JS
Pakistan gives foreign banks an edge in shift to Islamic finance
One currency, two banking systems. Pakistan's banks must all offer sharia-compliant services from 2028, but foreign banks will be able to continue offering non-Islamic services alongside -- giving them a possible advantage. © ReutersADNAN AAMIRJuly 7, 2026 14:31 JSTISLAMABAD -- I
FTSE 100 Live: Stocks flat as Trump threatens to ‘finish the job’ in Iran; Oil creeps above $72
Welcome back to the City AM liveblog. Donald Trump warned the US will “finish the job” in Iran leaving investors unnerved as he renewed military threats following the funeral of Tehran’s former Supreme Leader Ayatollah Ali Khamenei. Brent crude – the international benchmark for o