Oil prices waver as Trump pushes for dubious Ukraine-Russia ‘ceasefire’ Energy Oil prices remained above the $100 mark on Monday morning after President Trump hailed a deal with Russia’s President Putin that would lead to the supply of millions of barrels of diesel to the US and global markets. Brent crude oil futures, a benchmark for international prices, fell by about 0.6 per cent to $104 [...]
LIV Golf secures funding and looks to Trump for help relaunching bankrupt competition Sport Business LIV Golf chiefs are hoping for help from US President Donald Trump as they look to relaunch the league without the backing of Saudi Arabia’s Public Investment Fund. The bankrupt team golf competition, home to stars Bryson DeChambeau and Jon Rahm, has secured funding from BC Partners and says it is in talks with more [...]
G7 agrees to release diesel reserves after crisis meeting Energy Leaders from the G7 have agreed to tap into 100m of diesel and oil from their reserves in a bid to stave off a soaring supply crisis and end an escalating feud between the Euope and the US. The club of wealthy democracies said on Friday that they would work with the International Energy Agency [...]
Diesel crisis: UK minister holds emergency talks with US energy secretary October 2, 2026 Energy secretary Miatta Fahnbulleh is holding crunch talks with her American counterpart about an escalating diesel spat that has seen Treasury secretary Scott Bessent urge Europe to release emergency reserves “immediately”. City AM understands that Fahnbulleh is in direct contact with US energy secretary Chris Wright to discuss a US move to potentially choke off [...]
Burnham must kill off bonkers Chagos deal for good September 28, 2026 The proposal to cede sovereignty over the Chagos Islands to Mauritius and pay for the privilege appeals to no voters and has lost the support of Donald Trump. Andy Burnham should pull the plug, says Eliot Wilson It became clear early in Sir Keir Starmer’s brief premiership that here was a leader of unusual political [...]
Trump-Xi summit: Don’t be fooled, this was more than panda diplomacy September 28, 2026 Yes there was one panda involved, but eight-ninths of the real outcomes of this meeting are hidden from sight, writes Tim Hames.
White House tells AI giants to hold models back from UK safety watchdog September 25, 2026 The White House has asked OpenAI and Anthropic to withhold their latest AI models from Britain’s safety watchdog until they have been tested by the US government, threatening the UK’s prized early access to frontier tech. The request from the US Office of the National Cyber Director means the American companies have been asked to [...]
Defiant Fifa president Infantino tells critics: I’ve never been more determined September 24, 2026 Fifa president Gianni Infantino has underlined his determination to stay in power, insisting he has “never been more determined and committed”. Infantino continues to face calls to quit over his now-aborted plan to sell stakes in Fifa’s World Cup business to private investors, including the extended family of Donald Trump. He addressed demands for reform [...]
UK to champion global AI rulebook during G20 presidency September 23, 2026 Andy Burnham has said governments, not tech companies, must make the biggest decisions about AI, as he pledged to put AI regulation at the heart of Britain’s G20 presidency. The Prime Minister used his first address to the United Nations General Assembly to call for a single set of global standards governing frontier AI, including [...]
Argentex founder secures funding injection for new fintech firm September 23, 2026 The founder of foreign exchange firm Argentex, which collapsed in the wake of Donald Trump’s ‘liberation day‘ last year, has secured a multi-million pound funding injection for his new fintech venture, City AM has learned. Irish payments and foreign exchange (FX) group Fexco will invest £7.5m in Tenora, an FX technology firm set up by [...]