Business news

• Iran Sanctions Target the Dollar System as China Tests Trump's Resolve

  25-08-2026 08:49 via ibtimes.co.uk
  
  Treasury Secretary Scott Bessent threatened to cut firms laundering money for Iran out of the US dollar system, but enforcing it against China before the September Trump-Xi summit is the real test.
  
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• Russia Issues Warning To UK As Burnham Unveils New Ukraine Missile Plan

  25-08-2026 10:56 via ibtimes.co.uk
  
  The UK has agreed to share classified missile information with Ukraine, enabling local production. This move, criticised by Russia, underscores Britain's commitment to supporting Ukraine amid ongoing conflict.
  
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• Starbucks Gave Seattle Workers a Choice: Move to Nashville or Lose Their Jobs — 120 Declined, 200+ Laid Off

  25-08-2026 10:54 via ibtimes.co.uk
  
  Starbucks is laying off 224 employees in Seattle, with 120 declining a relocation to Nashville due to a pay cut. The remaining 104, involved in coffeehouse design, were cut after a leadership change.
  
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• Seven Killed in Wrong-Way Crash as 12 Arrested and Police Probe Possible Organised Crime Link

  25-08-2026 10:52 via ibtimes.co.uk
  
  A wrong-way crash on the A66 near Middlesbrough killed seven, including two police officers. Authorities are investigating links to organised crime, with 12 arrests made in connection to the incident.
  
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• Iran Threatens US Interests After Washington Expands Sanctions and Targets Oil Trade

  25-08-2026 10:46 via ibtimes.co.uk
  
  The US has imposed new sanctions on Iran's oil trade, prompting Tehran to threaten retaliation, escalating tensions and raising concerns over global energy markets.
  
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• Disney Offers Buyouts to 50+ Executives With 10+ Years' Service: Bigger Cuts Could Follow

  25-08-2026 10:46 via ibtimes.co.uk
  
  Disney's latest cost-cutting move reaches its executive ranks, offering eligible leaders an early-retirement package as the company continues reshaping its organisation.
  
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• Russia Warns of Consequences, But Burnham Says UK Will Stand by Ukraine 'All the Way'

  25-08-2026 10:36 via ibtimes.co.uk
  
  British PM Andy Burnham, during his Kyiv visit, pledged unwavering support for Ukraine, dismissing Russian threats. The UK aims to bolster Ukraine's missile production capabilities amid escalating tensions.
  
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• Hailey Bieber Sparks Fan Debate Over 'Staged' Paparazzi Appearance With Unreleased SKYLRK Earbuds

  25-08-2026 10:35 via ibtimes.co.uk
  
  Fans question Hailey Bieber's repeated Sushi Park appearances after she was spotted wearing unreleased SKYLRK earbuds twice
  
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• MAGA Protesters Claim To Support Women's Sports Then Fail To Name Five WNBA Players in Viral Video

  25-08-2026 10:34 via ibtimes.co.uk
  
  MAGA protesters were ridiculed online for failing to name five WNBA players despite claiming to support women's sports, as highlighted in a viral YouTube video.
  
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• Former NCT Member Mark Lee's Apology Goes Viral as Fans React to His 'Um' Filled Statement

  25-08-2026 10:15 via ibtimes.co.uk
  
  Mark Lee apologises over a Confederate flag T-shirt as fans react to his hesitant 'um'-filled statement and follow-up clarification.
  
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• MPs Push Back After Richard Tice Says Married Couples Should Get Housing Priority Over Single Mothers

  25-08-2026 10:13 via ibtimes.co.uk
  
  Reform UK's Richard Tice faces backlash for suggesting married couples should be prioritised in housing programmes, sparking criticism from MPs who highlight the impact on single and same-sex parents.
  
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• 'Where to Kill Barron Trump': Disturbing Iranian Broadcast Exposes Alleged 'Full Monitoring' of Trump's Son

  25-08-2026 10:11 via ibtimes.co.uk
  
  Iranian state media aired a video claiming surveillance of Barron Trump, linking him to a $10 million bounty. The US Secret Service is investigating the perceived threat.
  
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• Taylor Swift Baby Plans With Travis Kelce Reportedly Revealed as Selena Gomez Pact Emerges

  25-08-2026 09:58 via ibtimes.co.uk
  
  Taylor Swift and Travis Kelce's reported family plans gain attention as a Selena Gomez motherhood pact and godmother agreement emerge
  
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• Perez Hilton Knife Video: Rob Shuter Reveals Why the Tragedy Got Even Worse

  25-08-2026 09:48 via ibtimes.co.uk
  
  Rob Shuter explains why Perez Hilton's knife video made the tragedy even worse, revealing the deeper pressures surrounding the celebrity blogger.
  
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• Jay-Z Leads Super Bowl LXI Halftime Odds at 51% Despite Never Headlining Before, Ahead of Bieber and Miley Cyrus

  25-08-2026 09:22 via ibtimes.co.uk
  
  Jay-Z is the frontrunner to headline the Super Bowl LXI halftime show, with a 51% chance according to Kalshi. His Roc Nation partnership with the NFL adds to the speculation.
  
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• In-Woo Park Thinks the AI Pilot Problem Starts Before the Technology Does

  25-08-2026 09:19 via ibtimes.co.uk
  
  The Fidaris founder argues that service businesses often struggle with AI because they begin by choosing tools instead of identifying the work their teams actually need to hand off.
  
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• Callaway Golf Ad Controversy Explained: The Shocking Good Good Video, Backlash and Apology

  25-08-2026 09:18 via ibtimes.co.uk
  
  A Callaway Golf ad featuring Good Good personalities sparked controversy for depicting violence against women, leading to its removal and apologies from Good Good, Callaway, and the PGA Tour.
  
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• London Railway Halted Again After Swan Turns Up on Track During Rush Hour

  25-08-2026 09:14 via ibtimes.co.uk
  
  A swan caused over an hour's delay on London's DLR track during rush hour, highlighting the need for wildlife management training for railway workers.
  
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• Lindsay Clancy Trial: Psychologist Rejects Her Claim of Hearing a Voice Before Children's Deaths

  25-08-2026 09:08 via ibtimes.co.uk
  
  The Lindsay Clancy murder trial sees a prosecution psychologist disputing her postpartum psychosis defence, questioning her claim of hearing a male voice commanding her to kill her children.
  
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• 'We Know We Got This Wrong': Target Apologises and Pulls 'Offensive' Halloween Costume After Racist Backlash

  25-08-2026 09:03 via ibtimes.co.uk
  
  Target has apologised and pulled a children's Halloween costume after critics said its design echoed racist Blackface and minstrel imagery, prompting questions over its approval process.
  
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• Can ChatGPT Read Your 'Sexts' on iMessage? The One Permission That Should Terrify You

  25-08-2026 09:02 via ibtimes.co.uk
  
  OpenAI's ChatGPT Messages plugin for Mac raises privacy concerns by accessing iMessage, SMS, and RCS chats, requiring Full Disk Access and potentially exposing messages without all participants' consent.
  
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• Why Did Serayah End Engagement with Joey Bada$$? Actress Reveals Heartbreaking Reason in Emotional Statement

  25-08-2026 08:59 via ibtimes.co.uk
  
  Actress Serayah has ended her engagement to rapper Joey Bada$$, citing repeated infidelity. She emphasises prioritising their son's well-being while urging women to trust their intuition.
  
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• Calvin Klein Teases Mysterious Star in 'Feel the Fit' Campaign: Fans Point Finger at Tate McRae

  25-08-2026 08:56 via ibtimes.co.uk
  
  Fans are convinced Tate McRae is the mystery star behind Calvin Klein's new 'Feel the Fit' campaign after spotting clues in the voiceover and silhouette.
  
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• Mafia Boss Who Claimed His Bentley 'Bothered Police' Gunned Down at Petrol Station

  25-08-2026 08:52 via ibtimes.co.uk
  
  Israeli crime boss Yanis Yushvaev was shot dead near Caesarea, raising concerns of potential retaliation among rival criminal groups. Police have launched a manhunt for the gunman
  
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• Iran Sanctions Plan Targets the Dollar System, but China Will Test How Far Trump Will Go

  25-08-2026 08:49 via ibtimes.co.uk
  
  Treasury Secretary Scott Bessent threatened to cut firms laundering money for Iran out of the US dollar system, but enforcing it against China before the September Trump-Xi summit is the real test.
  
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• Trump's 'Economic D-Day' Puts China and Iran's Trade Partners at Risk of Dollar-System Ban

  25-08-2026 08:40 via ibtimes.co.uk
  
  The US has initiated 'Operation Economic Outcast,' threatening sanctions on entities supporting Iran, including Chinese companies, to disrupt Tehran's trade networks and pressure its economy.
  
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• Missing Woman's Body Found in Jeju 100 Days After Police Closed Her Case, National Probe Ordered

  25-08-2026 08:29 via ibtimes.co.uk
  
  The discovery of Jang Mi-ran's body on Jeju Island has sparked national outrage over police mishandling of missing person cases, prompting a presidential order for a thorough investigation.
  
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• Missing Woman's Body Found in Jeju 100 Days After Cop Falsely Closed Her Case, National Probe Ordered

  25-08-2026 08:29 via ibtimes.co.uk
  
  The discovery of Jang Mi-ran's body on Jeju Island has sparked national outrage over police mishandling of missing person cases, prompting a presidential order for a thorough investigation.
  
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• Supreme Court Mail Ballot Order Is Narrower Than It Looks, but the DHS Voter List Is the Real Risk

  25-08-2026 08:24 via ibtimes.co.uk
  
  The Supreme Court let Trump's mail ballot order advance 6-3, but the DHS citizenship list behind it was already ruled unreliable, putting eligible US voters at risk before the midterms.
  
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• Southwest Flight Attendant Hawaii Tragedy: What We Know About Jennifer Lupton's Cause of Death Investigation

  25-08-2026 08:19 via ibtimes.co.uk
  
  Jennifer Lupton, a Southwest Airlines flight attendant, died during a layover in Hawaii. Honolulu police are investigating the unattended death.
  
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