Companies

Published: 08 October 2026. The English Chronicle Desk. The English Chronicle Online. Pressure is mounting on Australia’s tax office to reconsider its decision to stop accepting credit card payments for tax bills, as small business groups warn that the change could create new cashflow difficulties for thousands of operators. Government ministers have urged the Australian Taxation Office to continue discussions with businesses after a growing backlash over the planned ban....

Published: 08 October 2026. The English Chronicle Desk. The English Chronicle Online. Tesco has raised its forecast for annual underlying profit after reporting stronger-than-expected trading during the first half of its financial year, with the UK’s largest supermarket group saying consumer confidence has proved more resilient than initially feared despite continuing geopolitical uncertainty. The retailer reported sales of £33.8bn for the six months, an increase of 2% compared with the...

Published: 08 October 2026. The English Chronicle Desk. The English Chronicle Online Japan’s four largest beer producers have come under investigation after authorities raided their offices over suspicions that they may have coordinated beverage prices, raising concerns about competition and the financial pressure facing consumers. Officials from Japan’s Fair Trade Commission searched the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries this week as part of an...

Published: 07 October 2026. The English Chronicle Desk. The English Chronicle Online Plans for a $15bn steel plant in Iowa backed by Donald Trump are facing growing questions over whether the project will be delivered on the scale and timetable promised, with critics pointing to the troubled financial history of the company behind the development and the political timing of the announcement. The proposed facility, described by the Trump administration...

Published: 07 October 2026. The English Chronicle Desk. The English Chronicle Online Royal Mail is planning to cut up to 2,500 jobs as part of a major restructuring programme aimed at reducing costs and simplifying its operations amid intense competition and a long-term decline in traditional letter deliveries. The postal service said the proposed reductions would mainly affect head office positions and other support-function roles. The restructuring is expected to...

Published: 07 October 2026. The English Chronicle Desk. The English Chronicle Online Shell is expecting its refineries to generate almost twice as much profit from each barrel of fuel produced during the third quarter of 2026, as severe supply shortages and disruptions to refining capacity drive fuel prices to unprecedented levels. The energy giant has forecast refining margins of around $42 a barrel for the period from July to September,...

Published: 07 October 2026. The English Chronicle Desk. The English Chronicle Online. Samsung Electronics is heading towards what could become one of its strongest quarterly performances in years, as the rapid expansion of artificial intelligence infrastructure continues to drive extraordinary demand for advanced memory chips. The South Korean technology giant is expected to report a dramatic increase in operating profit for the third quarter of 2026, reflecting the powerful recovery...

Published: 07 October 2026. The English Chronicle Desk. The English Chronicle Online Jaguar has unveiled its new Type 01 electric vehicle in New York, launching one of the most ambitious and closely watched stages of the British luxury carmaker's transformation as it seeks to attract a younger and wealthier generation of customers. The striking new electric model is designed primarily with affluent American buyers in mind and represents a dramatic...

Published: 07 October 2026. The English Chronicle Desk. The English Chronicle Online. European Union trade negotiators are travelling to China for two days of high-level discussions aimed at finding a practical way to reduce the growing flow of relatively cheap hybrid electric vehicles into the European market. The talks come at a sensitive moment in EU-China economic relations, as several member states increasingly fear that rapidly rising Chinese exports could...

Published: 06 October 2026. The English Chronicle Desk. The English Chronicle Online. Online fashion retailer Asos has launched an investigation after thousands of customers received a disturbing mobile notification claiming that hackers had gained full access to the company’s data. The unexpected alert, which appeared directly on users’ phones, triggered immediate concern among shoppers and sent the company’s shares sharply lower as questions grew over whether a significant cyberattack had...