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Equinor says it may stop investing in UK if oil and gas fields do not get go-ahead
Source: BBC Business
Original reporting
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CNBC
Jaguar unveils $130,500 electric vehicle two years after controversial rebrand
The launch comes as luxury rivals Ferrari and Bentley also push into EVs, seeking to test wealthy buyer's appetite for going electric.
BBC Business5 outlets
Rainmakers: The drones used to seed clouds
Cloud seeding is gaining attention as countries look to boost rainfall - will drones help?
The Guardian
IMF chief warns energy shock, public debt and AI boom threaten global growth – business live
Kristalina Georgieva’s warning comes as Brent crude rises above $101 a barrel The UK housing market has come to a standstill, ahead of the introduction of the government’s Your First Home scheme targeted at first-time buyers. The latest figures from Lloyds Banking Group show prices flat last month, following a 0.3% dip in August. The average property now costs £298,441, while annual growth was also flat. While the market overall has been fairly subdued, property prices have so far proved resilient during a period of higher mortgage rates, which has been driven by changing expectations around the future path of Base Rate. That’s mirrored in wider economic data, with household spending holding up better than many expected despite energy and other cost pressures arising from the Middle East conflict. Whether that picture continues is likely to depend on how confident consumers feel that the
CNBC
Why AI is both the hope and the hazard for world leaders, according to IMF chief Georgieva
Kristalina Georgieva warns that the technology lifting growth hopes is also pushing up inflation and yields, just as public debt levels rose.
CNBC
Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery
Iran's move to step up attacks on tankers which are transiting through the Strait of Hormuz has also led to renewed worries over oil supplies among traders.
CNBC
Singapore's Temasek warns of the ‘biggest risk’ facing markets right now
Unwinding of the artificial intelligence trade poses the biggest risk to markets, according to Singapore state-owned investment giant Temasek.