‘Fresh from the roof’: the supermarket growing salad a few metres above the tills
Customers seeking greens at one Berlin outlet are dealing with some very local supply chains indeed
News
AI boom helps drive surprise UK growth in July
The UK's economy grew faster than expected in July partly helped by businesses using artificial intelligence (AI).
What is driving the move in rates and how much higher will yields go?
Actions by advanced economies to limit rising government bond yields are unlikely to be durable without additional policy change or a material economic slowdown—but the first is unlikely and the second is unwanted.
How much has UK fiscal headroom narrowed ahead of autumn budget?
Britain locked in its most expensive long-term borrowing in 28 years on Tuesday, selling £4.25 billion (approximately $5.75 billion) of 30-year government bonds at a yield of 5.8168% — the highest at any gilt yield reco…
‘Just worry upon worry’: Europe faces a bleak winter as supply shock pushes factories to the brink
From Shropshire to Hamburg, depleting reserves and spiralling costs are spawning a continent-wide energy crisis
UK economy unexpectedly grows 0.4% in July boosted by AI
The UK economy grew in July as the rapid expansion of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for John Healey.
Speed up electricity grid upgrade or else face higher bills, warns UK watchdog
National Audit Office says failure to implement £70bn modernisation would also hold back economic growth
Putin Arrives in New Delhi // Putin Arrives in India for the BRICS Summit
Russian President Vladimir Putin has arrived in New Delhi. The BRICS summit will take place in the Indian capital from September 11 to 13.
Are interest rates on the way up again?
There's nothing like talk of energy prices and potential higher borrowing costs to remind us that the summer holidays are well and truly over.
Watch: Three times Trump has promised money to Americans
US President Donald Trump says he would give $5,000 to every American adult if the midterm elections go his way. Turning that promise into reality, however, would face significant hurdles. The proposal could cost more t…
Authorities Will Simplify the Process of Correcting Inaccuracies in Property Area Data in the Unified State Register of Real Estate (EGRN)
The government has submitted a bill to the State Duma that simplifies the procedure for updating the area of buildings, structures, and the premises within them in the Unified State Register of Real Estate (EGRN). The i…
Anthropic details bad actors’ efforts to misuse its AI for bioweapons
Report comes two days after former employee quit claiming company’s models could cause human extinction by 2030
Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle
The federal bank regulatory agencies today issued an interim final rule increasing the number of community banks eligible for an 18-month exam cycle.
SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme
The Office of the State Comptroller (OSC) conducted an investigation of South Jersey Extended Care (SJEC), a for-profit nursing home located in Bridgeton, New Jersey. Covering a five-year period from April 1, 2018, to M…
New battery-powered trains will ‘bring faster journeys to north’
No 10 says 29 new trains to be built in Derby will support 350 local jobs, as well as nearly 6,000 across the UK
U.S. Government Advisor: OpenAI Risks "Catastrophically" Losing Control of AI
OpenAI has failed to reduce the risk of a “catastrophic” loss of control over AI, said Paul Cristiano, a U.S. government advisor on high technology. He issued this warning at a board meeting of the nonprofit OpenAI, of …
Man pleads guilty to fraud and forgery offences relating to fake takeover approach
Christopher Woolcott has pleaded guilty to 4 counts of fraud and forgery after creating a fake takeover bid for Touchstone Exploration Inc.
English winemakers expect ‘vintage year’ after record-breaking summer heat
English sparkling winemakers expect their earliest grape harvest and a “vintage year” after a scorching summer quickly ripened grapes.
Global bond sell-off resumes as surging oil prices stoke fears about inflation
Nervous investors across big economies have been dumping government bonds, driving up the cost of borrowing, as surging oil prices amplified fears about rising inflation.
ECB raises interest rates to 2.5% and warns Iran war is fuelling inflation
Borrowing costs climb in Europe and oil tops $105 a barrel as bank says growing price pressures in eurozone will be ‘longer lasting than we had anticipated’
Trump on Iran war; Oracle, Adobe to report - what’s moving markets
Editor’s Note: The ETFs tracking benchmark indices, lede, economic data, and the headline were updated in the story.
Christine Lagarde, Boris Vujčić: Monetary policy statement
Good afternoon, the Vice-President and I welcome you to our press conference. I would like to thank President Nagel for his kind hospitality and express our special gratitude to his staff for the excellent organisation …
Tourists in England face nightly levy on hotel and Airbnb-style stays under new plans
Many mayors welcome power to impose tourist tax but industry warns of ‘irreparable harm’ and job losses
Houthis close in on stranglehold over key Bab al-Mandeb Strait - Reuters
A container ship approaches the Bab-el-Mandeb Strait on January 18, 2024 in Obock, Djibouti. Photo: VCG