Financial Times - oil producers spring surprise output cut of more than 1mn barrels a day

Summary of the front page

The Financial Times splashes on the revelations from oil producing nations that they will be cutting back production by more than a million barrels a day.

According to the paper, the move has put Saudi Arabia on a “collision course” with the US as it attempts to boost prices.

Today's top stories

SEI 299212200 63f1

Radley to close all stores, including flagship locations in London and Glasgow

Radley, the UK handbag retailer, is set to close multiple stores after being acquired from administration by Gordon Brothers, owner of Poundland. The buyout excludes retail operations, leading to significant job losses. All 21 UK locations, including flagship stores in London and Glasgow, will cease trading by September.

696x392 cmsv2 3f07c27f 15c4 58e2 b011 fc091cbfbcfc 9774829

Beretta Defense Technologies to launch Livet automated weapon system

Beretta Defense Technologies will unveil the Livet, an automated weapon station targeting drone attacks, at the Eurosatory defence show in Paris this June. Featuring eight Benelli shotguns in a remote-controlled turret, it boasts auto-tracking capabilities and rapid response for protecting critical infrastructure.

gettyimages 1963530675

Justice Department investigates E. Jean Carroll for potential perjury

The U.S. Department of Justice is investigating whether E. Jean Carroll committed perjury regarding her civil lawsuits against President Trump. The inquiry, led by the U.S. Attorney’s Office for the Northern District of Illinois, focuses on her 2022 deposition claims about funding sources for her litigation.

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement