Politics
‘Astronomical’ fuel price surge hits farmers in UK and US
Farmers are facing an “astronomical” jump in the price of fuel needed to operate their vehicles and machinery after a surge in diesel costs in the UK and the US.
Politics
Politics
Revealed: how companies ‘secretly’ use billions of litres of public water in drought-hit England
Exclusive: As millions of people face hosepipe bans, many companies are not required to report, let alone cut, use of public supply
Politics
UK has not done enough to prepare for shocks to food supplies, says watchdog
The climate crisis, disease and cyber-attacks pose growing risks to the UK’s food supplies and the government needs to act to make the system more resilient, according to the public spending watchdog.
Politics
Volkswagen announces it will cut 100,000 jobs by 2030
Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure
Politics
Business Daily
Rising bonds yields and growing government debt could see interest rates start to rise
Politics
Sadiq Khan agrees to have his texts and emails searched in Palantir legal battle
Sadiq Khan has agreed for his text messages and emails to be searched as part of a legal battle with Palantir, the high court has been told, after he prevented the US technology company from working with the Metropolita…
Politics
SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
The Securities and Exchange Commission today issued a proposal to rescind its “pay-to-play” rule that prohibits investment advisers from providing compensated investment advisory services to a government client for two …
Politics
OpenAI hails ‘new era of artificial general intelligence’ with Astra model release
Astra’s arrival comes days after Sam Altman, OpenAI’s chief executive, described AGI as an ‘irrelevant marketing term’
Politics
Nvidia to buy developer platform Hugging Face in $12.9bn deal
Nvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips.
Politics
SEC Investor Advisory Committee to Host Sept. 10 Meeting
The US shareholder activism environment is maturing and increasingly complex, characterized by new players, evolving tactics, and shifting boardroom dynamics. This report, a complement to The Conference Board annual Pro…
Politics
HSBC raises Treasury yield forecasts on more hawkish Fed outlook
Federal Reserve Chair Kevin Warsh delivered a hawkish debut performance at his first policy-setting meeting. While the Federal Open Market Committee (FOMC) voted unanimously to hold interest rates steady, the Summary of…
Politics
Yen soars as Bank of Japan tipped to raise interest rates
The Japanese yen has soared by more than 2% against the dollar amid speculation the Bank of Japan is set to raise interest rates.
Politics
John Lewis to launch YouTube chatshow to improve AI search results
John Lewis is launching an online chatshow and social media studio to help make itself and its products more visible to chatbots and more prominent in AI search results.
Politics
FCA decides to ban and fine Daniel Thomas over unauthorised pension transfer advice
The FCA has decided to ban Daniel Thomas from working in financial services and fine him £742,700 after finding he recklessly gave defined benefit pension transfer advice he was neither qualified nor allowed to give.
Politics
Reform UK gets another £4m from crypto billionaire pardoned by Donald Trump
Reform UK has been given a further £4m from the British crypto billionaire Ben Delo, with the party saying it is confident the businessman – who was formerly based in Hong Kong – will not be caught by the new overseas d…
Politics
Child sexual abuse survivor alleges Elon Musk’s AI chatbot used photos of her to generate new illegal images
A survivor of child sexual abuse has sued Elon Musk ’s artificial intelligence company, alleging that its chatbot used pictures of her abuse to generate new illegal pornographic images that depict her.
Politics
Oil pulls back, Broadcom disappoints - what’s moving markets
The S&P 500 (^GSPC +0.46%) fell 0.17% to 7,786, the Nasdaq Composite (^IXIC +0.45%) lost 0.28% to 26,729, and the Dow Jones Industrial Average (^DJI +0.56%) slipped 0.20% to 53,732 as disappointing economic data stalled…
Politics
NI employers named for not paying staff minimum wage
Thirty-six businesses in Northern Ireland, including a care provider, hotels and solicitors, have been named for failing to pay their employees the minimum wage, according to the Department for Business and Trade (DBT).
Politics
Why wait? Business grads buying firms to install themselves as CEO
Confined to her hospital bed as she waited for her baby to be induced, Ania Aliev was attempting to finalise a deal to buy a company and put herself in the top job.
Politics
Private equity owns 11 of England’s 20 biggest children’s care providers, research finds
Private equity companies now own or partly own 11 of the 20 largest providers of fostering and children’s homes in England, as calls to ban “obscene” profit-making in children’s care grow.
Politics
Apple Maps renames Lake Ontario as ‘Lake America’ for US users after Trump order
Apple has renamed Lake Ontario as “Lake America” for US users of its Maps app, after an executive order from Donald Trump to change the name of the Great Lake amid his trade spat with Canada.
Politics
China’s falling emissions amid Iran war spark hope of decarbonisation watershed
China’s carbon dioxide emissions fell by 1% after the outbreak of the US-Israeli war on Iran, thanks to a sharp reduction in oil consumption and a steady rise in the use of electric vehicles and public transport, analys…
Politics
Uber to cut 3,300 corporate jobs in management overhaul
• Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm
Politics
Faisal Islam: Why bond market wildfire is keeping world leaders up at night
It is not just the wildfire burning in the bond markets, with many countries facing interest rates at multi-decade highs.