Volkswagen is pivoting from cars to military tech at one of its factories, a reflection of the challenges facing Germany’s auto sector. The company plans to use an embattled German car plant to manufacture components for Israel’s Iron Dome missile defense system, the Financial Times reported. It’s the highest-profile example ...
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Jet fuel price spike means higher airfaresJet fuel price spike means higher airfares
A spike in jet fuel prices stemming from the Iran war is passing through to consumers, resulting in more expensive airfares for summer travel, analysts said. The CEO of United Airlines, the world’s largest by capacity, warned Tuesday that ticket prices may increase by 20%. Global airlines are making contingency ...
Meta ramps up AI adoption pushMeta ramps up AI adoption push
Meta appointed its chief technology officer to oversee efforts to drive AI adoption across its workforce, The Wall Street Journal reported, as the company looks to remove organizational layers and speed up work. CEO Mark Zuckerberg is also building a personalized AI agent to help him do his job. Use ...
Tangled trail probably leads from Golders Green ambulance attack to TehranTangled trail probably leads from Golders Green ambulance attack to Tehran
British investigators are circumspect but experts and security officials say incident has hallmarks of Iranian intelligence Middle East crisis – live updates From Golders Green, where four ambulances belonging to a Jewish charity were set alight in the early hours of Monday, a tangled trail probably leads across two continents ...
UK offers to host international summit on reopening strait of HormuzUK offers to host international summit on reopening strait of Hormuz
Defence chiefs have been discussing how to unblock the conduit for about a fifth of the world’s oil supplies The UK has offered to host an international security summit to draw up a “viable, collective plan” to reopen the strait of Hormuz as economic fallout from the Iran conflict continues. ...
Middle East crisis live: Trump claims Iran has agreed ‘never’ to have a nuclear weapon as he reportedly approves sending more troops to regionMiddle East crisis live: Trump claims Iran has agreed ‘never’ to have a nuclear weapon as he reportedly approves sending more troops to region
President makes latest claim in White House press briefing as Sky News and NBC News report pending deployment of more than 1,000 soldiers to Middle East JD Vance role touted as Pakistan attempts to broker US-Iran peace talks In Australia, the number of petrol stations running out of fuel continues ...
The Guardian view on the Iran war: energy, markets and a dangerous illusion | EditorialThe Guardian view on the Iran war: energy, markets and a dangerous illusion | Editorial
Markets and the Treasury are pricing a quick exit. Without a credible political endgame, Donald Trump cannot deliver one Whatever else Donald Trump’s “pause” is, it is not a ceasefire. Iranian barrages targeted Israel, Gulf Arab states and northern Iraq on Tuesday, while Israeli and US warplanes struck across Iran. ...
US set to send airborne troops to Middle East as Trump claims talks with Iran taking placeUS set to send airborne troops to Middle East as Trump claims talks with Iran taking place
Israel and Gulf states are targeted by Iran while Tehran denies any negotiations with US to end war Middle East crisis – live updates The US is poised to deploy airborne troops to the Middle East as strikes intensified across the region on Tuesday and Donald Trump claimed the US ...
Prediction markets eye self-regulationPrediction markets eye self-regulation
Under pressure from federal and state lawmakers, Kalshi promised to ratchet up scrutiny of athletes and politicians who trade on their own contests. “All markets have bad actors,” a lawyer for the prediction market operator wrote. “We believe that staying ahead of bad actors means developing new technology and policies.” ...
Israel says it will seize parts of southern Lebanon as ‘defensive buffer’Israel says it will seize parts of southern Lebanon as ‘defensive buffer’
Hopes of de-escalation dim as Israeli PM also vows to keep striking Iran, even as Trump talks up deal hopes Middle East crisis – live updates Israel said on Tuesday it would seize parts of southern Lebanon to create what it called a “defensive buffer”, while Benjamin Netanyahu vowed to ...