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UK diesel price hits all-time high, RAC says
Source: BBC Business
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Nvidia releases software platform to stop AI agents from misbehaving
Nvidia says its new software could have prevented OpenAI's Hugging Face incident.
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Treasury Secretary Scott Bessent hires Wall Street economist David Zervos
Zervos is joining the Treasury Department as counselor to Bessent, adding a prominent markets voice to the administration's economic policy team.
The Guardian2 outlets
John Healey says Labour will stick to fiscal rules in first speech as chancellor – UK politics live
The chancellor announced a new local apprenticeship service to boost opportunities for young people Lisa O’Carroll is a senior Guardian correspondent. The head of the SDLP, Claire Hanna , has called for an international mediator to resolve the continuing crisis over a unionist parade in a nationalist area close to Drumcree, the site of some of the worst violence of the troubles almost 30 years ago. The truth is everybody has got to want to seek mediation and seek compromise and that’s what I’m trying to find, whether there’s that little chink on both sides that we can use to get to a decent compromise that means everybody can walk away with their head held high and their sense of honour. Continue reading...
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Meta, Google, Amazon, Microsoft draw Sen. Warren questions about AI tax subsidies
Sen. Elizabeth Warren is asking the leaders of Meta, Google, Amazon and Microsoft about AI and data center subsidies authorized by GOP legislation.
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Police 'investigate Iran link' to suspected bomb plot at UK air base used by U.S.
U.K. counterterrorism police are understood to be investigating a potential link with Iran after an alleged bomb threat against an air base hosting U.S. forces.
The Guardian
UK diesel prices hit record high at 199.18p a litre; housebuilder stocks surge on new homes scheme – business live
Rolling coverage of the latest economic and financial news US and UK government borrowing costs are rising this morning, as Brent crude oil touches $108 a barrel amid uncertainty around the US-Iran war. The yield on the US 10-year treasury is up 5 basis points to 5.23%, while the UK 10-year gilt has followed it up 5 basis points to 5.4%. Even though US-Iran talks could resume this week, there was little sign of a breakthrough over the weekend and bond yields and oil have climbed again this morning. Iran reiterated on Sunday that it would not soften its conditions for reopening the strait of Hormuz, with Foreign Minister Abbas Araghchi insisting that Tehran would not back down from demands including sanctions relief, access to frozen assets and an end to US blockade measures. Meanwhile President Trump said he still expected negotiations to continue but rejected Iran’s latest proposal as i