Latest News
- Committee monitors implementation of International Covenant on Civil and Political Rights
- Kyiv warns Israel of diplomatic crisis over alleged stolen grain vessel
- 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
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.
The Sterling currency dropped to its lowest level in almost two months yesterday, while British stocks and bonds gained strength.
The Financial Times reports Rishi Sunak has vowed to introduce emergency legislation to rescue the government’s plan to send asylum seekers to Rwanda.
PepsiCo sued by New York state for plastic pollution New York state is suing PepsiCo…
The Financial Times reports on a jump in the US stock markets following a larger-than-expected fall in inflation.
New data shows a sharp fall in UK inflation, down to 4.6%. It’s the lowest rate since November 2021, the rate in September was 6.7%.
CITY AM SAYS Rishi Sunak’s reshuffle was his third attempt to relaunch the Conservative Party, and this time he’s also reheating David Cameron’s career, writes Will Cooling
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