‘From liabilities to goldmines’: refineries eye record profits from diesel shortage Firms turning crude oil into the ‘workhorse’ fuel stand to gain most despite economic fallout from record prices
Nvidia, worth $5.5tn, donates $250m to UK for AI safety research Pledge spanning five years from world’s most valuable firm comes as concerns about AI agents have risen
I work for a major insurer. Much of my industry is fudging the numbers in the face of the climate crisis Insurers are taking on more risk than they should. If – or when – a major disaster hits, the catastrophe will have far-reaching consequences, says an anonymous modeller and whistleblower
Bank of England and IMF bosses warn of cyber threat to trust in financial system Kristalina Georgieva says online fraud could lead people to opt out of system and turn to ‘shoeboxes under their bed’
John Healey ‘targets tax crackdown on online marketplaces’ in first budget Move aimed at firms such as Amazon and eBay could raise up to £1bn more for Treasury, says report
Energy bills through the roof? Five signs your house is leaking heat From finding draughts to buying a thermal leak detector – there are simple, cost-effective ways to start sorting heat loss
Barriers facing black and south Asian music events ‘cost London up to £141m a year’ Exclusive: Investigation finds racial inequality in live music industry rife and many genres labelled ‘high risk’ despite lack of evidence
Global financial system is failing developing countries, says Ed Miliband UK foreign secretary will call for World Bank and others to help governments trapped by hefty borrowing costs
Judge extends White House access to banned media outlets CNN, MS Now and Politico District court judge Timothy Kelly was ruling after Trump administration blocked access to three outlets last month
BBC asks judge to force Trump to sit for deposition as part of his $10bn lawsuit BBC asks US federal judge to compel Trump’s lawyers to schedule deposition after his team canceled initial session
UK high street bosses urge chancellor to cut cost of employing young people Retailers call on John Healey to raise national insurance contributions threshold in his first budget
FTC and seven states seek contempt ruling against Shkreli over pharma ban Martin Shkreli’s 2022 release conditions bar him from participating in the pharmaceutical industry, including ownership stakes or business decisions
Apple unveils new smart home devices that showcase upgraded Siri AI New products from Apple include the HomeView, an iPad-like device that acts as a hub for other smart home gadgets
Chip stocks slide after Broadcom boss likens AI investing to ‘casino’ Asian markets fall and Samsung shares tumble after its Chinese rival CXMT claims strong progress