Trump says data centers should consider community "dividends" as AI financing worries grow.
'MAKE DEALS': Trump says data centers should pay communities a 'dividend' to win support
Source: CNBC
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BBC Business
What is happening to UK prices?
UK inflation rose in September, pushed up by higher petrol and diesel prices.
The Guardian
Total UK government debt hits £3tn for first time while inflation jumps to highest in nearly a year – business live
Petrol and diesel costs rise the most in four years; UK approves controversial North Sea gasfield Jackdaw The approval of Jackdaw is an “important step” for the North Sea, according to Shell . The UK energy giant jointly owns Jackdaw operator Adura , which is headquartered in Aberdeen, together with Norway’s Equinor . This is an important step in ensuring the UK North Sea can continue to contribute to the country’s energy security and economy. Long-term energy projects depend on a competitive and stable investment environment, alongside timely and predictable regulatory decisions. Continue reading...
The Guardian2 outlets
UK approves Jackdaw gasfield in North Sea
Decision was widely expected after lobbying by Shell but will dismay environmental campaigners What does the UK’s approval of the Jackdaw gasfield mean? UK politics live – latest updates Business live – latest updates The UK government has approved the controversial Jackdaw gasfield in the North Sea, a widely expected move that will nonetheless dismay environmental campaigners and a number of Labour MPs. While Labour’s 2024 election manifesto committed to a ban on new drilling licences in the North Sea, the companies behind Jackdaw and the Rosebank oilfield project, which is being decided on separately, have sought environmental approval for existing licences. Continue reading...
CNBC
SpaceX up 10% in premarket after earnings beat and Musk hints at Tesla tie-up
SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
BBC Business
Surging fuel prices push UK inflation rate to 3.5% ahead of Budget
Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
CNBC
Oil prices climb as traders assess Middle East developments
Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz.