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Top Headlines from the UK Edition
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Oil slumps as US and Iran declare Strait of Hormuz open to shipping
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| Some tankers reverse course after attempting to transit waterway amid confusion over its status |
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Howard Lutnick tells Canada ‘they suck’ and vows to wind back trade deal with US
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| Fraught talks set to resume to end dispute that is costing America more than $1bn a month |
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Keir Starmer blames ‘unforgivable’ Foreign Office for Mandelson vetting fiasco
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| PM shifts blame after Peter Mandelson revealed to have failed security officials’ checks |
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Investors look through the turmoil
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| The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war |
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EU prepares for jet fuel sharing as supplies dwindle
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| Energy commissioner Dan Jørgensen says Europe moving towards supply crisis “very rapidly” |
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Top Headlines from the International Editions
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Blue Owl co-founders no longer pledging shares for personal loans
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| Doug Ostrover and Marc Lipschultz had committed firm equity worth more than $1.1bn last year as collateral |
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Anthropic CEO met White House chief of staff as US seeks access to Mythos model
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| Dario Amodei met with Susie Wiles despite lawsuits over whether AI lab is a national security threat |
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Top Fed official warns Iran war could spark ‘lasting’ price shock
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| Christopher Waller says higher oil prices coupled with Donald Trump’s tariffs raise prospect of prolonged inflation |
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The white-collar defence lawyers with nothing to do
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| The Trump administration’s approach to justice has made life quieter for those who defend alleged financial criminals |
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The US private credit firm betting on a lucrative World Cup trade
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| Eagle Point Credit Management to capitalise on high prices and demand of football fans to attend the tournament |
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MFS collapse prompts surge in national insolvency rates
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| Insolvency Service reports 82% year-on-year rise in administrations last month across England and Wales |
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US’s status as lowest-cost dollar borrower challenged as investors shun Trump risk
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| Concerns over erratic White House policymaking have driven investors to ‘very stable’ development bank issuers |
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The main reason I’ve bought equities again
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| US stock valuations only make sense if you believe in AI |
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Deutsche Bank alerts regulators to potential Russia sanctions lapses
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| German bank found it had accepted deposits of more than €100,000 from individuals subject to EU sanctions restrictions |
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Energy independence could make America more aggressive
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| Being a net exporter means that energy shocks no longer constrain US foreign policy in the ways they once did |
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Months-old start-up Recursive Superintelligence raises $500mn for self-teaching AI
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| Group founded by former engineers at DeepMind and OpenAI secures $4bn valuation in deal with Google’s venture arm and Nvidia |
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Spain probes grid operator over ‘very serious’ breaches linked to blackout
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| Investigations mark first time since 2025 outage that authorities have identified different degrees of wrongdoing |
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The risks of Mythos are no myth
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| America is putting too much trust in the AI industry’s ability to police itself |
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Intertek is going to be broken up: the question is by whom
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| A split should unlock value |
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Lloyd’s of London to end flagship diversity event
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| Insurance marketplace has for years faced claims of sexual harassment and inappropriate workplace behaviour |
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The Starmer-shaped hole where a prime minister should be
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| Mandelson scandal shows he has never successfully made the transition from an opposition mindset to a governing one |
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Royal disorder in the charity sector
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| Nobody benefits if third-sector organisations can’t keep their disputes away from the courts |
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What Warsh should do at the Fed
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| If he is finally confirmed, Trump’s nominee for chair must undertake a re-evaluation of the central bank’s structure and purpose |
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Is it wrong to beg for freebies?
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| What’s a Binky? And isn’t blagging part of the job of an influencer? |
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No scenario in latest Mandelson drama makes Keir Starmer look good
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| Something has gone badly wrong in communication between Downing Street and government departments |
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