Oil price dips below $100 a barrel after Trump claims Iran wants deal

US president’s previous threat to block strait of Hormuz had led to a 6.9% increase in earlier trading

Plans to change HS2 train size could reduce capacity and speed in north, says expert

Review of original train order is meant to prevent service problems north of Birmingham but it may do the opposite

Judge rules complaint fails to outline malice after Trump argued lewd drawing allegedly sent to Epstein at heart of story was fake

US bank has the Claude model and is working closely with the tech firm to improve cyber protection

Rolling coverage of the latest economic and financial news

Digital clone being trained on his thoughts, tone and mannerisms to help workers feel connected

Legislation would allow government to implement evolving single market rules without full parliamentary scrutiny

Platform says it will reward original creators as it penalises ‘aggregators’ for flooding timelines with ‘stolen posts’

Threat has left markets in another period of uncertainty, with questions over how the blockade will be enforced

The raspberry danish latte is making its way around the world after its inventors decided to share the recipe

Undisclosed number of names and contact and reservation details accessed in latest cybercrime attempt

Resolution Foundation backs plan to offset rising costs from Iran war likely to leave households £480 poorer

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey

Swedish retailer continued to advertise partnership with Soly and failed to offer me any advice

‘Development in reverse’ taking place involving rising energy and food costs and weaker economic growth