SpaceX warns EU satellite plan risks undermining connectivity in Ukraine
OverviewElon Musk’s group hits out at proposal by bloc to reserve part of spectrum band for European o. Source: World. Read original report via source l…
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FirstFT: US-Iran deal opens way for Hormuz charges, shipping industry warns
Also in today’s newsletter: JPMorgan cuts off Anthropic access for Hong Kong staff, and Gulf oil shock. Source: World. Read original report via source l…
Bank of England holds interest rates at 3.75%
Deal between US and Iran has pushed oil prices down and eased inflationary risk to UK economyWhat Come. Source: World. Read original report via source l…
FirstFT: Lululemon apologises after Japanese drum controversy in China
OverviewAlso in today’s newsletter: Mukesh Ambani’s Jio set to file for IPO, and Fed officials tilt to. Source: World. Read original report via source l…
Federal Reserve holds rates with short statement and hawkish projections
At a GlanceKevin Warsh has eliminated explicit forward guidance, but his colleagues project that at le. Source: World. Read original report via source l…
FirstFT: Trump faces backlash over Iran deal
Top LineAlso in today’s newsletter: Former executive sues Citi and investors pile into the dollarOutlo. Source: World. Read original report via source l…
As stubborn Starmer digs in, Streeting risks becoming biggest loser
OverviewFormer health secretary was refreshingly sharp in UK economy speech but faces a formidable set. Source: World. Read original report via source l…
Middle East peace deal could herald oil glut next year, IEA says
‘Gradual’ return of flows will give way to sharp rise in production, outstripping forecasts for increa. Source: World. Read original report via source l…
SpaceX leapfrogs Amazon to become world’s fifth-most valuable company
Top LineElon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app CursorO. Source: World. Read original report via source l…
Yum Brands sells struggling Pizza Hut in bet on faster-growing businesses
KFC and Taco Bell owner to offload bulk of fast-food chain to private equity group as part of $2.7bn s. Source: World. Read original report via source l…