Business

Latest stories in this section, ordered by the original publication time from each source.

NYT

Renewed Strikes Threaten to Set Back Shipping Recovery in Persian Gulf

The attacks came after traffic through the Strait of Hormuz had reached the highest levels since the start of the U.S. war in Iran.

GDN

The AI bubble has further to run despite the looming crash

As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoningOpenAI staggers AI model release after White House requestEvery couple of decades, investors will ask themselves how long can the stock market keep climbing. Is it safe to buy mor...

FOX

Warriors, AI Cloud provider Iren reach sponsorship deal that reportedly is largest in North American sports

The Golden State Warriors are making history with a reported record-setting jersey sponsorship from Iren worth more than $50 million per year, the largest deal of its kind in North America.

GDN

Appeals court rejects Trump EPA bid to abandon rule restricting deadly soot pollution

Decision leaves in place Biden-era standard on pollution from coal-fired plants, factories and other industrial sourcesA federal appeals court on Friday rejected the Environmental Protection Agency’s attempt to abandon a Biden-era rule that sets tough standards for deadly soot pollution.The unanimou...

NYT

Chaos Came to CBS News. What’s in Store for CNN?

The tech scion David Ellison is close to completing a merger that would put the legacy broadcaster and the 24-hour cable news network under the same roof.

NYT

Renewed Strikes Threaten Setback to Shipping Recovery in Persian Gulf

The attacks came after traffic through the Strait of Hormuz had reached the highest levels since the start of the U.S. war in Iran.

GDN

Thunderstorms disrupt Gatwick and Heathrow as hundreds of flights delayed or cancelled

Passengers report being stuck on grounded planes in sweltering conditions as severe weather causes travel disruption across EuropeEurope heatwave: latest updatesThunderstorms have caused severe delays to hundreds of flights at Heathrow and Gatwick airports, leaving passengers stuck on grounded plane...

GDN

The war for Burnham’s ear: politicians and wonks fight for influence over a PM

There is high emotion, a deluge of policy papers and an ‘excruciating’ jostle for jobs as Labour’s probable next leader settles back into Westminster lifeAs well as being the most popular politician in the country – for now – Andy Burnham is also the most popular man at Westminster. Labour MPs, the ...

BBC

Free summer holiday sport sessions offered in city

The scheme will visit green spaces around Sheffield, with free food and drink also offered.

NYT

In Colorado, the Long Aftermath of a Fire Feels Political

When the Trump administration rejected a request for federal assistance to a fire-ravaged part of western Colorado, residents debated which political party was to blame.

GDN

‘I’m missing out’: the cash-strapped UK university students forced to live at home

Experts say students from poorer backgrounds increasingly having to limit their options because of money worriesMost days, Mariam spends hours simply waiting.The 19-year-old University College London student often finishes her lectures by mid-morning but has careers events or society meetings in the...

NYT

Advertisers Are Good at Getting Human Attention. Can They Stand Out to A.I.?

At Cannes Lions, marketers grappled with how to influence A.I. chatbots.

GDN

‘A sad inevitability’: after decades of climate warnings, why is Europe so unprepared for rising heat?

Scorching summer of 2003 triggered first efforts to deal with the problem but heatwaves still have devastating impactOn Wednesday, Pierre Masselot received a text from his daughter’s nursery – less than 50 miles from the weather station that was the first this week to break the UK June temperature r...

GDN

Trump threatens 100% tariff on European countries that impose digital tax

US president says levy would be imposed immediately and supersede pre-existing trade deals with the country Donald Trump has threatened to place a 100% import tariff on any European country that imposes a tax on digital services from US companies.Writing on Truth Social on Friday, the US president ...

GDN

Here’s what to do if your StubHub World Cup resale ticket is canceled

World Cup StubHub ticket mess shows how weak consumer protections are in the US, but there are steps fans can takeA growing number of World Cup fans who thought they had bought tickets to matches on the ticket reseller StubHub were notified with just days or hours to spare that their tickets did not...

NYT

Colette Shulman, Soviet Analyst With On-the-Ground Insights, Dies at 94

She arrived in Moscow in 1955, two years after Stalin’s death, and spent several years as a journalist covering major events and ordinary Soviet lives.

NYT

How Much Have Airfares Risen With High Jet Fuel Costs?

While prices are up overall, there’s a surprising pattern depending on your destination.

DAWN

Minister says govt not giving preference to any sector after petrol, diesel prices kept unchanged

Petroleum Minister Ali Pervaiz Malik on Saturday dismissed the notion that the government was “giving preference” to one sector or imposing an undue burden on another after it kept petrol and diesel prices unchanged “till further orders”. On Friday night, the government kept petrol and high-speed di...

DAWN

World Bank approves $1.1 billion emergency financing for Bangladesh

The World Bank approved $1.1 billion in emergency financing for Bangladesh to help secure food supplies, support vulnerable households and businesses due to the rising prices of fertiliser, fuel and food from the Middle East conflict. Bangladesh is also seeking additional external financing from dev...

GDN

‘Basically you’re trapped’: UK postgraduates burdened with double loan debt

Calls for reform to student loan system as those studying for a master’s can be left with ‘a life tax’Whether to pursue a master’s degree was not really a choice for Francesca Peters. Fresh from an undergraduate degree in biochemistry in 2020, she had set her sights on securing her dream job. There ...

GDN

Parents booking air-conditioned hotels to keep babies safe in UK heatwave

Hotels report increase in last-minute bookings, including from families attempting to escape hot homesEurope heatwave: latest updatesFamilies, including parents with newborn babies, are booking air-conditioned rooms in hotels to escape the UK heatwave, with companies reporting a surge in demand.Data...

GDN

Two tickets for Wimbledon Centre Court? That’ll be £586,000 please

A pair of debenture tickets changed hands this week for a sum far beyond the means of ordinary tennis fansLike many of us, Marcos Ortega enters the Wimbledon public ticket ballot every year in the hope of seeing some championship tennis. In seven straight years of trying, however, he has never got l...

GDN

Social media bans go global: big tech faces a reckoning after Australia’s crackdown

As a host of countries move to rein in social media use by children, could this be technology’s big tobacco moment? Continue reading...

ET

Petroleum minister rules out preferential treatment for any sector, says 'good news' likely in coming days

Says PM Shehbaz's top priority is the protection of consumer rights