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Fed's Warsh withholds rate signal, praises recent global tightening with 'no free riders'
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What to know about Starshield, SpaceX's military-focused Starlink service
Elon Musk distinguished Starshield from Starlink, which he said could not be used for offensive military operations.

John Healey set to raise bank taxes in the budget – business live
Rolling coverage of the latest economic and financial news John Healey poised to raise taxes on banks in budget The Confederation of British Industry has suggested John Healey should avoid “further sector-specific taxation”, such as a bank tax. Louise Hellem , chief economist at the CBI , said: “The financial services sector is vital to driving investment, innovation and business growth across the economy. Government has set the right direction through its Financial Services Growth and Competitiveness Strategy and the Leeds Reforms – the priority now is delivery. “The autumn Budget should set the agenda for a competitive and predictable environment that turns those reforms into tangible progress, unlocking domestic investment, deepening UK capital markets and helping more firms to scale and grow. “People too often see them as big, distant financial institutions, when they are hardwired i
Russia returns to G20 table in Bangkok on U.S. invitation that angers Europe
Russia’s return to the G20 table has tested how far Washington’s outreach to Moscow will strain ties with European allies.
One Singapore ship was sunk, but here's why others are still transiting the Strait of Hormuz
Singapore vessels are set to continue navigating the perilous Strait of Hormuz despite attacks on two container ships, said maritime experts.

The right’s scrounger rhetoric dominates the benefits debate. Labour must fight back – and win | Frances Ryan
The prime minister has a once-in-a-generation chance to reintroduce compassion to welfare. He has to seize the moment Back in 2009, months before the coalition government unleashed sweeping austerity, the then Conservative backbencher Iain Duncan Smith produced a study that would go on to lay the foundations for the rollout of universal credit. Now, nearly two decades later, Duncan Smith and his thinktank, the Centre for Social Justice (CSJ), has published State of Dependency: a landmark report promising to expose “the full scale of Britain’s worklessness crisis”. The study paints a picture of mass benefits reliance: it identifies 3,400 local areas where more than half the working-age population are on out-of-work benefits, or “economic opiates”, as the authors call them. They’ve even provided an interactive map (in the yellow and black colours of a road hazard sign, no less) so members

Commercial kitchen staff exposed to high levels of air pollution, study finds
US research says nitrogen dioxide in restaurants that cook with gas can exceed WHO limits, which also affects diners Each time we enjoy a meal out or order a takeaway, someone cooks for us in a commercial kitchen. In the UK, 3.6 million people work in catering and hospitality. In the US it is estimated at close to 16 million . A first-of-its-kind study in the US has found catering staff can experience high air pollution at work – and that this can affect diners too. Dr Drew Michanowicz, senior author of the study at non-profit research institute PSE Healthy Energy , said: “I was motivated by what we have learned over the years about what just 30 minutes of gas cooking can do to air quality in homes with the realisation that millions of people cook for a living for hours on end.” Continue reading...