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Oil prices fall as US-Iran talks continue; UK manufacturing activity cools in June – business live
Technical talks reportedly under way in Doha, with Qatar and Pakistan acting as mediatorsUK manufacturing activity cooled in June despite a boost from companies stockpiling ahead of price increases and supply chain problems stemming from the Middle East conflict, according to closely watched industry survey.The final reading of S&P Global’s purchasing managers’ index for June…
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Getty Images is canceling its $3.7 billion Shutterstock merger due to UK restrictions
Getty Images has moved to terminate a $3.7 billion merger with rival Shutterstock due to restrictions imposed by UK regulators.
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America and Israel: A covenant, not a contract
America's bond with Israel traces back to Puritan settlers who modeled their covenant on Hebrew scripture, predating the nation's founding by centuries.
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“Low-effort slop”: The creators of the Godot engine behind Slay the Spire 2 are cracking down on “vibe-coding” and now require genAI disclosures
The foundation behind the open source Godot game engine have announced a crackdown on the use of generative AI by contributors, following a wave of “demoralizing”, “low-effort slop” that has added to an already overwhelming quantity of requests for code review. While they’ll still let people deploy the chatbot technology for smaller, “menial” jobs such…
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Shrinks on the verge of a nervous breakdown: how horror movies came for therapists
From Rose Byrne in If I Had Legs I’d Kick You to Jodie Foster in A Private Life, an onscreen parade of psychoanalysts are unravelling before us, tapping into our worst fearsThere is an old adage that “every therapist needs a therapist”. Even while the treatment was still in its infancy, Sigmund Freud said all…
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UK house prices stall for second straight month as agents warn of summer slump
Average price of typical home little changed at £277,484 in June, says Nationwide, while housebuilder shares fallBusiness live – latest updatesUK house price growth stalled for a second consecutive month in June as rising interest rates triggered by the war in Iran hurt homebuyer demand and agents warned of a summer slump.The average price of…
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Dishonored developer Arkane is reportedly one of five studios Microsoft is targeting to close down as part of its big ‘reset’
Arkane Studios, the developer behind the Dishonored series and the upcoming Blade, is among the studios Microsoft is currently considering closing down. That’s according to a new report from The Verge, citing sources familiar with the plan. Read more
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Farming worries after India records driest June in over a decade
Weaker monsoon rains are likely to impact farm output but the government says it has enough grain stocks to deal with any shortages.
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Energy price cap rise ‘will push millions in Great Britain into fuel poverty’
Typical bill will surge by £220 a year from Wednesday, forcing 13.5m homes to spend over 10% of income on fuelMillions of households in Great Britain will be pushed into fuel poverty after months of volatility on the global gas markets as energy bills rise by more than £220 a year under the government’s price…
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The ‘Father of the Internet’ is finally retiring
Vinton Cerf, one of the creators of the protocols underlying the internet, will step down as Google’s chief internet evangelist next week.