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- Trump criticises NATO allies for inaction on Strait of Hormuz reopening
- Israel Orders Evacuations in Southern Lebanon with bulldozers moving in
- White House reviews security after shooting at Correspondents’ Dinner
- Iran’s Foreign Minister Abbas Araghchi Travels to Russia for Talks
- US-Israeli Attacks on Iran Undermine Nuclear Non-Proliferation Efforts
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- Witnesses recount ‘harrowing’ scene as lifeless mother and son found in River Brent
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Business
Meta is laying off 8,000 workers, about 10 per cent of its workforce, to enhance efficiency and focus on artificial intelligence investments. Concurrently, Microsoft is offering voluntary buyouts to approximately 8,750 employees, marking a significant shift for the company amid industry-wide cost adjustments.
Oil prices surged above $106 per barrel amid escalating US-Iran tensions in the Strait of Hormuz, following reciprocal vessel seizures. The increase represents a nearly 5% rise since late Wednesday, reflecting concerns over shipping disruptions in a key global energy transit route.
US liquefied natural gas exporters are poised to gain as markets plummet amid the Iran war: Markets are plummeting as the conflict escalates – but not every industry is affected.
EXCLUSIVE: Kevin Dowd said the City would ‘have to reorientate itself’ but added: “The potential longer-term opportunities would be enormous”.
Elon Musk’s car company is facing more safety woes.
The driver assistance system was found to be faulty in many vehicles.
CITY AM SAYS Fast fashion giant Shein has reportedly spoken to London stock market bosses about shifting a planned IPO from Wall Street to the capital.
The Financial Times leads on the government’s migration bill vote passing – saying Rishi Sunak headed off a “right-wing revolt”.
UK economy shrank by more than expected in October In October, the UK economy contracted…
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