Ten leading car manufacturers – plus two automotive trade bodies – have been fined more than £77m by a UK regulator after admitting breaking competition law in relation to advertising their green credentials. The Competition and Markets Authority (CMA) launched an investigation after a tipoff from Mercedes-Benz, which allowed the German marque to avoid financial…

Donald Trump has probably not read much Michel Foucault. But he appears to embody the French philosopher’s claim that “politics is the continuation of war by other means”. Nowhere is this more apparent than in his fondness for tariffs. He presents taxing foreign imports as a way to rebuild the American economy in favour of blue-collar…

Turnberry’s famous Ailsa Course will not open as planned on 1 May after serious damage caused to the Ayrshire venue – owned by the US president, Donald Trump – by a pro-Palestine group. Tour operators and those with individual bookings at Turnberry are in the process of being informed it will be June before the…

As egg prices have reached record highs, about a third of American consumers have stopped buying them in response to the rising costs, a new study suggests. According to research from Clarify Capital, 34% of Americans have stopped purchasing eggs as prices for the breakfast staple are becoming less affordable. On average, these consumers say…

A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Airline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector. Shares of Delta Air Lines were down more than 3% in afternoon…