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- Ukrainian soldiers use robotic vehicle to rescue elderly woman from conflict
- Spain grants legal status to 500,000 undocumented migrants under new plan
- 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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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.
CITY AM SAYS Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of top business groups have warned, amid fears that young professionals are increasingly being priced out of the capital.
A funding boost could spell a boom time for British EV car manufacturing.
The Financial Times says investors are piling into risky assets amid a growing belief that the Federal Reserve and other central banks are close to winning their long-running battle with inflation.
Some people on benefits are now eligible for a £25 payment to help stay warm.
The Financial Times splashes on allegations made by US federal prosecutors that an Indian government official orchestrated a plot to kill a Sikh separatist activist in New York.
‘This is exploitation, we need to stop this immediately.’
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