Business

Major lenders poised to reduce mortgage rates on Friday in ‘encouraging’ move

After months of relentless pressure on borrowers, rising monthly repayments, and widespread anxiety across the housing market, a sense of cautious optimism is returning....

Finance ministers and top bankers raise serious concerns about Mythos AI model

The rapid rise of artificial intelligence in global finance has triggered both excitement and unease. In recent weeks, a growing chorus of finance ministers,...

European airlines cancel hundreds of flights

Europe’s aviation industry is facing a major disruption in 2026, with hundreds—and in some cases thousands—of flights cancelled across the continent. From rising jet...

Finance ministers and top bankers raise serious concerns about Mythos AI model

The global financial system is facing a new wave of technological disruption—and this time, it’s not just innovation driving the headlines, but risk. Finance...

Netflix cofounder Hastings to step down after it lost Warner Bros deal

The global entertainment industry is undergoing a major shift as Reed Hastings, cofounder of Netflix, prepares to step down from the company’s board following...

Co-founder Reed Hastings to step down from Netflix board

In a landmark moment for the global streaming industry, Reed Hastings, the co-founder and long-time visionary behind Netflix, has announced that he will step...

EU working on jet fuel plan as Iran crisis threatens air travel

The global aviation industry is facing one of its most serious disruptions in recent years as geopolitical tensions in the Middle East escalate. At...

Europe has ‘maybe 6 weeks of jet fuel left’, energy boss warns

Europe is facing a potential aviation and energy crisis of unprecedented scale. According to the head of the International Energy Agency (IEA), the continent...

UK economy back to growth but it could be the last for a while

The latest figures suggest the UK economy has returned to growth, offering a moment of relief for households, businesses, and policymakers alike. But beneath...

Why Anthropic and OpenAI are locking up their latest models

Over the past few years, artificial intelligence has moved from novelty to necessity. Large language models now write code, analyze medical data, detect cyber...

FTSE 100 Live Shares slip as Iran talks awaited, Ceres and Rank jump

The UK stock market delivered a cautious performance as investors kept a close eye on geopolitical developments in the Middle East. The FTSE 100...

Trump news at a glance president renews threats against federal reserve chair, pushes his replacement

In a dramatic escalation of tensions within U.S. economic leadership, Donald Trump has renewed threats against Federal Reserve Chair Jerome Powell while aggressively promoting...

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