‘132F’: meet the man calling out NYC’s infernally hot subway stations
Jack Klein takes heat readings, gives fans to overheated passengers and lugs big jugs of water into the stations
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Nvidia to report; PCE ahead - what’s moving markets
At 2:00 p.m. ET on May 20, the Federal Reserve released minutes, the last detailed window into committee deliberations before Kevin Warsh’s era formally begins.
London rollout of robotaxis delayed amid lack of guidance for firms to follow
Uber and Wayve had said they would start trips ‘later this summer’ but launch now looks unlikely this year
Piero Cipollone: From vision to delivery: building Europe’s tokenised financial market
Two years ago, at this very same Symposium, I argued that Europe had a unique opportunity.[2]
National lottery faces questions over new boss’s record in gambling industry
MPs tell regulator they are ‘deeply concerned’ over interim CEO Phil Walker’s roles at William Hill and Game Nation
Britons face highest price cap in three years as energy bills rise 4% from October
Millions of British households will face the highest energy charges in three years this winter after months of rising market prices pushed up the government’s price cap for the second time in three months.
‘A mockery’: how offshore tax havens are thwarting the UK’s transparency push
Since Britain’s offshore secrecy jurisdictions caved in to pressure from Westminster to embrace corporate transparency, finding out who owns a company in one of these island havens is, in theory at least, a piece of cak…
Instagram CEO denies company hid low use of teen safety feature in Meta trial
Instagram’s CEO disputed allegations by US prosecutors that his company hid negative information from the public while testifying during a blockbuster social media trial.
‘They make life much easier’: AI-powered shopping trolleys go on trial in Lancashire
Lancashire has been the site of many British innovations throughout history, from the spinning jenny, which transformed textile production, to the creation of jelly babies.
London bus drivers resume strike over heatwave working amid fears over air con deal
Drivers concerned that bus operator’s offer to retrofit cabs on 730 buses will not be complete by next summer
VW workers boo boss as he urges them to ‘pull together’ amid job cuts
The chief executive of Volkswagen has faced boos and whistles of protest at the company’s headquarters after telling thousands of workers that a comprehensive reorganisation, which could include job losses and factory c…
IMF chief says global economy weathered Iran war shock well
“Even in the best case, there will be no neat and clean return to the status quo ante,” said International Monetary Fund (IMF) Managing Director Kristalina Georgieva at a curtain-raiser event for the Spring Meetings of …
Canada announces retaliatory tariffs on wide range of US goods
Canada has announced it will impose tariffs on a wide range of key American industries including cosmetics, dairy, wood products and outdoor equipment in the coming weeks, as it retaliates roughly “dollar for dollar” ag…
Two planned datacentres will have higher UK carbon emissions than ExxonMobil, analysis finds
The carbon emissions from just two planned datacentres in England will exceed all of the fossil fuel company ExxonMobil’s UK emissions, analysis has revealed.
US building twice as much gas-fired capacity as China in AI boom, analysis finds
There has been a 76% increase in under-construction gas-fired projects amid ‘frenzy’ to build more datacenters
Canada to announce retaliatory tariffs on US goods today
TORONTO (AP) — Canada will announce retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday, with President Donald Trump telling Canadian leaders to “fall in line” or face co…
Lego sales jump 21% to nearly £5bn, helped by World Cup and F1 ranges
Lego sales have risen by more than a fifth as tie-ups with the football World Cup, Formula One and the hit film KPop Demon Hunters as well as its flower-based and Star Wars kits drive demand.
US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns
Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor.
Jersey earnings rise by 1.2% after inflation
Average earnings in Jersey grew by 1.2% in real terms in the year to June, according to new figures.
Climate damage would obliterate any economic benefits of new North Sea fields, analysis shows
The climate damage caused by developing the Rosebank and Jackdaw oil and gas fields under consideration by the UK government would destroy their economic benefits many times over, according to an analysis.
‘Petty grievances’ and an alleged troublemaker: unsealed Murdoch court documents give rare glimpse into bitter succession battle
A year ago, Rupert Murdoch resolved the long-running fight over which of his children would control his sprawling media empire, ending a bitter legal battle and anointing his eldest son, Lachlan, as his successor.
Europe’s heatwaves threaten insurers’ earnings, rating agency S&P says
Europe’s intense heatwaves could hit insurers’ earnings as companies face a rise in claims linked to heat-related deaths and worsening health conditions, the rating agency S&P has said.
Burnham refuses to rule out tax rises in autumn Budget
Andy Burnham has refused to rule out tax rises in the upcoming autumn Budget, saying he "won't be unrealistic" about the "challenging" state of public finances.
'What you see is what you pay' - why some US restaurants are banning tips
Wine waiter Caroline Kraetzer earns $40 (£30) an hour, double what most service staff in San Francisco are paid but then it costs a lot to eat at her restaurant.