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Oil Prices Plunge to ~$80 as Iran Declares Strait of Hormuz 'Completely Open'
U.S. oil prices fell sharply on Friday after Iran's foreign minister announced the Strait of Hormuz is open for all commercial vessels during the ceasefire period. The development came as mortgage rates also dipped to a ...
AI Sector Investment: Analysts Flag One Sector to Buy, One to Trim
Ned Davis Research says two sectors have been boosted by AI optimism, but investors should treat them differently — buying into one while trimming exposure to the other. The analysis suggests technology has lifted broa...
More Than Half of Britons Now Support Rejoining the EU, Poll Finds
A new survey conducted 10 years after the Brexit referendum shows majority support among UK voters for rejoining the European Union outright, rather than simply re-entering the single market. Over 80% of Labour, Liberal ...
Lloyd's of London to Scrap Flagship Diversity Event
Lloyd's of London has announced it will end its flagship diversity event, a decision that comes after years of sexual harassment and inappropriate workplace behaviour claims at the insurance marketplace. The move signals...
Hannover Messe 2026 Opens With Brazil as Partner Country
The world's largest industrial trade fair, Hannover Messe, has opened in Germany with Brazil as this year's partner country. Brazil is using the platform to position itself as a reliable technology leader, pulling out al...
OpenAI Economist Says AI Job Apocalypse Is Overstated
OpenAI's top economist has released an in-depth study on AI's impact on the labor market, pushing back against more pessimistic forecasts about widespread job displacement. The research suggests that fears of an AI-drive...
Kensington Gardens Closed as Counterterror Police Search Near Israeli Embassy
London's Kensington Gardens was closed as counterterrorism police conducted a search in the area. An Iranian-linked group claimed to have deployed drones carrying deadly materials to attack the nearby Israeli embassy....
Olly Robbins' Departure Deepens Turmoil at UK Foreign Office
Senior civil servant Olly Robbins has exited the UK Foreign Office, deepening instability at the department. Robbins had returned to Whitehall from the private sector with a focus on cost-cutting and delivery, but his de...
New Electric Cars Now Cheaper Than Petrol Vehicles in UK for First Time
The average price of a new battery electric car in the UK has fallen below that of a new petrol vehicle for the first time, according to car sales platform Autotrader. The average EV is now £785 cheaper than a comparabl...
Eli Lilly's GLP-1 Weight-Loss Pill Posts Strong First Week with 1,390 Prescriptions
Eli Lilly's newly launched GLP-1 oral pill recorded 1,390 prescriptions in its debut week on the market, which the company described as a 'robust' start. The launch marks a significant step in expanding weight-loss treat...
Gold-Platinum Ratio Warns Stock Market Correction May Be Overdue
A closely watched market-timing indicator — the gold-platinum ratio — is signaling that the current stock market rally may be living on borrowed time and a correction is overdue. The indicator is considered an elite ...
Saudi Arabia Drops Bid to Host 2035 Rugby World Cup Amid PIF Funding Cuts
Saudi Arabia has quietly abandoned plans to bid for the 2035 Rugby World Cup, according to The Guardian. The kingdom's Public Investment Fund is undergoing a 'value realization' restructuring, and sources indicate the on...
S&P 500 Tops 7,000 as Corporate Earnings Signals Point to Solid Season
The S&P 500 surpassed the 7,000 mark as corporate executives are broadcasting bullish economic messages, helping to offset concerns about the Iran conflict. Analysts say signs point to a solid earnings season, with AI-dr...
Richard Desmond Loses £1.3bn Lawsuit Over National Lottery Contract
Media tycoon Richard Desmond has lost his legal claim for up to £1.3bn in damages against the Gambling Commission over the award of the National Lottery franchise to Allwyn. His company Northern & Shell argued the regul...
OnlyFans Valued at Over $3bn in Talks to Sell Minority Stake to US Investor
UK adult video platform OnlyFans is in talks to sell a minority stake to a US investor at a valuation exceeding $3bn. The move is aimed at increasing the company's stability following the death of its owner Leonid Radvin...
AI-Generated Fake Images Drive 71% Surge in Fraudulent Insurance Claims
An insurer has reported a 71% rise in fraudulent insurance claims, attributing part of the increase to the growing use of AI-generated fake images. The trend highlights the expanding role of artificial intelligence in en...
UK Vet Fees Soar Over 60% Since 2016 as MRI Scans Exceed £3,500
Veterinary costs in the UK have risen by more than 60% since 2016, with diagnostic procedures like MRI scans for dogs now exceeding £3,500 — far above the roughly £700 charged for the same scan at a private human hos...
Starmer Faces Resignation Calls Over Mandelson Vetting Scandal
UK Prime Minister Keir Starmer is under pressure to resign following a vetting scandal involving Peter Mandelson. Starmer attempted to deflect blame by sacking a senior Foreign Office official, but Conservatives have ref...
Netflix Co-Founder Reed Hastings to Step Down as Chair
Reed Hastings, who co-founded Netflix nearly 30 years ago, will not seek re-election as chair at the company's annual meeting in June and plans to focus on philanthropy. Netflix said the decision was 'not as a result of ...
Wheat Prices Head for Biggest Two-Month Jump as Iran War Stokes Food Insecurity Fears
Wheat prices are on course for their largest rise in two months, driven by mounting fears over food insecurity linked to the ongoing Iran war. UK mortgage rates edged slightly lower on the same day, with the average two-...