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Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business live
Oil prices fell by around 1% to $103 per barrel following US president Donald Trump’s pledge not to attack Iran ahead of the 3 November midterm elections. The decision reflects declining public support for military action in the Middle East, which is beginning to affect Republican election prospects. Only a third of Americans approve of…
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US revokes permanent residency programme access for major technology firms
The United States administration has revoked access to the PERM programme, which converts H-1B visa holders to permanent residents, for Microsoft, Adobe, four Indian technology firms (Infosys, Tata, Wipro, HCL) and Capgemini. Vice President JD Vance and Labor Secretary Keith Sonderling cited alleged “fraud and abuse” as justification, claiming the companies have taken hundreds of…
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Indian Premier League Stands Alone at the Top as Asia Pacific Sports Rights Growth Slows, Media Partners Asia Finds
The Indian Premier League (IPL) is the only Asia-Pacific sports property commanding fees at the top of the global market, while growth in regional sports rights fees is expected to slow sharply. Media Partners Asia says the change marks the end of a rapid expansion phase, with future growth expected to depend more on sponsorship,…
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South Korea recalls Ukraine ambassador after prisoner transfer dispute
South Korea has announced the recall of its ambassador to Ukraine, marking an escalation in a diplomatic dispute that began when Ukrainian President Volodymyr Zelensky publicly disclosed the transfer of two captured North Korean soldiers to Seoul. South Korea had expected the transfer to remain confidential and argues that Ukraine violated an agreement to keep…
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Oil rockets to $103 as UK-Israel row and Middle East turmoil mount
Oil prices approach $103 a barrel as tanker attacks and hurricane damage disrupt supplies. Tensions escalate between UK and Israel over West Bank sanctions, whilst a Royal Navy sailor faces espionage charges.
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Exposed AI logs may help identify hacker behind South Korean bank attacks
CrowdStrike researchers investigating attacks on South Korean financial institutions found exposed AI session logs that included a request to write a CV. The prompt may help identify the person behind the activity, but CrowdStrike says it cannot confirm that the details belong to the attacker. The case matters because the logs also document the use…
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Tanker Attacked in Persian Gulf as Westernmost Shipping Assault Fuels Oil Rally
A commercial tanker came under attack north of Qatar after being struck by multiple projectiles, according to the UK Maritime Trade Operations agency, which reported casualties from the incident. The strike represents a
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Nobel prize in literature 2026 live: winner to be announced shortly
The Swedish Academy is due to announce the 2026 Nobel Prize in Literature, amid speculation over whether it will honour a long-favoured candidate or make a less predictable choice. The article examines how expectations about gender, geography, literary form and popular appeal shape predictions, while stressing that bookies rarely identify the winner. Can Xue has…
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EU and Beijing heading for trade war as Brussels slams ‘unsustainable’ $1billion-a-day deficit – but China warns: ‘Trade war? Let them try
EU and China are moving closer to a trade dispute as European Trade Commissioner Maroš Šefčovič began two days of talks in Beijing to address what he called an “unsustainable” trade deficit. The talks matter because both sides are considering measures that could restrict trade, while European industries rely on some Chinese supplies and China…
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‘Spend time going down rabbit holes’: how the Avalanches created their wildest album yet
The Avalanches have broadened their sampling on their new album, *No Bad Memories*, drawing on children’s science programmes, Tunisian music and the sounds of old technology. The record explores how advertising and devices can shape or distort personal memories, and its playful, disorienting sound marks what the group describe as their wildest album yet. The…