Writing the summary…
Average five-year mortgage rate hits 6% for first time in three years
Source: BBC Business
Original reporting
BBC Business: read the full reportRelated stories
BBC Business
BT agrees rescue deal to buy broadband operator TalkTalk
The takeover still needs to be approved by the regulator, but would give certainty to TalkTalk's millions of customers
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Cerebras stock climbs 6% after Sam Altman calls the chipmaker a 'close partner'
Cerebras stock climbed in premarket trading after OpenAI's CEO Sam Altman reassured investors that the firm is a "close partner."
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Saudi Aramco chief says replenishing global oil stockpiles could take two years
Saudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.
The Guardian
BT strikes deal to rescue broadband firm TalkTalk; euro slides amid France debt burden fears – business live
TalkTalk’s wholesale and consumer arms will be sold to BT in £400m deal on a debt-free basis and save 900 jobs The UK’s telecoms regulator Ofcom has welcomed the deal. Dame Melanie Dawes , Ofcom’s chief executive, said: After a prolonged period of uncertainty around TalkTalk Group’s future, we welcome the prospect of a commercial solution that protects customers and secures continuity of critical communications services. The transaction will now be subject to the appropriate clearances and we’ll be working closely with the government and the Competition and Markets Authority during that process. Existing regulatory obligations will continue to apply. We’ll keep a close eye on the transition to protect consumers and competition, and we have written to BT today to underline our expectations. TalkTalk’s 1.5 million customers will want to know what this morning’s news means for them. The sho