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Iran war drives UK diesel price to near record high, and makes interest rate rise ‘hard to avoid’ – business live
Source: The Guardian
Original reporting
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CNBC
Surging Treasury yields pose a brand new problem for Kevin Warsh and the Fed
Markets expect the central bank will take a firmer hand on inflation. It's not that easy.
CNBC
Novo is betting on its next chapter as Eli Lilly gains more ground in GLP-1s
As Novo works to turn itself around, some analysts say Lilly has advantages that could help it maintain its position at the top of the obesity drug market.
CNBC
NIH funding cuts delayed a promising childhood brain cancer trial. Patients lost time they didn't have.
A delayed clinical trial underscores the stakes of federal research funding cuts for children with DIPG, a deadly brain tumor with few treatment options.
BBC Business
UK diesel price close to all-time high
The average price of a litre of diesel at the pump stands at 198.32p, according to the RAC motoring body.
CNBC
Warsh's regime change at the Fed pushes ahead – and meets resistance
Fed Chairman Kevin Warsh is driving rapid change in some areas, while his emerging policy framework suggests further rate hikes remain possible.
The Guardian
David Beckham takes £39m dividend as World Cup deals drive record profits
Former footballer appeared in about 12 ad campaigns this summer, pushing holding company’s revenue to $110.5m Business live – latest updates David Beckham has taken a $51m (£39m) dividend from his business empire after a series of deals with brands for the Fifa World Cup. Beckham appeared in about a dozen ad campaigns across this summer’s tournament in the US, working with brands including Lenovo, McDonald’s, Bank of America, Verizon and the PepsiCo crisps brand Lay’s. Continue reading...