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U.S. Treasury yields ease as investors await fresh jobs data, Fed comments
Source: CNBC
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Novo defends diversification push as CEO eyes deals beyond obesity
Novo CEO Mike Doustdar told CNBC that it is considering M&A opportunities as it faces growing competition in the weight-loss market.
The Guardian
Oil falls below $100 a barrel on reports Iran ‘makes strait of Hormuz offer’; UK government borrowing paints ‘dismal picture’ – business live
The rising cost of servicing the UK national debt pushed up borrowing last month How much ‘headroom’ might John Healey still have to keep within the government’s fiscal rules? That’s the question dogging Westminster and the City. “The chancellor has probably lost about half the headroom he inherited, leaving it between £10bn to £15bn. As long as the headroom is in double figures, he will probably be able to avoid topping it up, but the drop in headroom means any additional day-to-day spending, such as on defence or cost of living, will have to be paid for by higher taxes. “What’s more, if the recent rise in energy prices is sustained through the next few months, household energy bills could rise by another 25% in January, which would take them above the level that the previous government capped them at. That would only further increase the pressure to act on cost of living by temporarily
CNBC
U.S. threatens to 'shut down' Iranian airlines as Houthis tighten pressure on oil route
The Treasury Secretary said that Washington was pressuring Iran "like never before"
CNBC
Oil prices reverse gains as United Nations General Assembly meeting lifts hopes for Iran war diplomacy
Oil prices reversed early gains on Tuesday amid optimism that prospects for a diplomatic solution to the U.S.-Iran war are improving.
BBC Business3 outlets
Spain battles climate change on several fronts
A summer of wildfires and heatwaves underlines the threats to the country's economy.
CNBC
Trump to press Zelenskyy for energy truce, says Russia has ‘lost control’ of oil due to Ukraine war
U.S. President Donald Trump said Russia has “lost control” of its diesel oil industry due to the Ukraine war, as he presses Kyiv to agree to an energy truce.