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Iran war hurting global economy as IMF meeting begins; oil falls on peace hopes - business live

The Guardian

Rolling coverage of the latest economic and financial newsTask for the week: limit the fallout from biggest oil shock in decadesBritain's stock market has opened calmly, with the FTSE 100 share index rising by just 0.05%, up 5 points to 10,589 points.Mining stocks are rising, led by Fresnillo (3.3...

Posted on 14 April 2026 | 7:06 am

Oil prices ease on hopes of new US-Iran peace talks

BBC

Crude prices fall back below $100 a barrel as markets hope an agreement can be reached between the two sides.

Posted on 14 April 2026 | 6:57 am

British Gas sent me a £571 bill for a flat I've never owned or lived in

The Guardian

Now I'm being threatened with debt collectors because I don't have a tenancy agreement or a mortgageBritish Gas opened an account in my name for an address that I have never occupied, and sent me a £571 bill. It declined to open a complaint because I "refused" to provide a tenancy agreement...

Posted on 14 April 2026 | 6:00 am

Qantas cuts domestic flights and raises fares as travel patterns shift due to Middle East turmoil

The Guardian

Australian airline is benefiting from demand for flights that transit through Asia - but says its jet fuel bill is rising sharplyFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastQantas has lifted fares and cut domestic flights amid a ...

Posted on 14 April 2026 | 5:34 am

Founder of China's Evergrande pleads guilty to fraud

BBC

Evergrande was once China's biggest real estate firm, with a stock market valuation of more than $50bn.

Posted on 14 April 2026 | 5:19 am

Holidays take a hit as UK cost of living fears and Iran war bite

The Guardian

Consumer spending on travel is down for the first time in five years while card spending edges up in MarchUK consumers have cut back on travel spending for the first time in five years, as they worry about the rising cost of living amid the Iran war.Overall consumer card spending increased 0.9% year...

Posted on 14 April 2026 | 5:01 am

Helium: the invisible gas that powers AI, and why it's in short supply - podcast

The Guardian

Alongside the oil and gas stranded in the strait of Hormuz is another commodity vital to today's economy: helium. It is a critical element in all kinds of areas from MRI machines to the Large Hadron Collider, and even deep-sea diving. It is also integral to the AI boom. And this isn't the first ...

Posted on 14 April 2026 | 4:00 am

Man charged with attempted murder over attack on home of OpenAI's Sam Altman

BBC

The Texas man, who also faces federal felony charges, allegedly had documents advocating for violence against AI executives.

Posted on 14 April 2026 | 1:05 am

Hollywood stars unite to oppose Paramount and Warner Bros Discovery merger

BBC

Stars like Emma Thompson and Ben Stiller signed an open letter against the deal, which Paramount said will ensure creators "have more avenues for their work, not fewer".

Posted on 14 April 2026 | 12:39 am

Quantum computing: A tech race Europe could win?

BBC

With some promising computing companies in the field, could Europe be a leader in quantum tech?

Posted on 13 April 2026 | 11:35 pm

Texas man accused of throwing molotov cocktail at Sam Altman home charged

The Guardian

FBI alleges Daniel Moreno-Gama, 20, was captured on video throwing explosive device outside home of OpenAI chiefA Texas man was charged with hurling a molotov cocktail at the home of OpenAI chief executive Sam Altman and attempting to set fire to the AI firm's headquarters.Daniel Moreno-Gama, 20, ...

Posted on 13 April 2026 | 11:25 pm

The UK needs more North Sea gas; imports from the US are the real enemy | Nils Pratley

The Guardian

Transition to a cleaner future takes time and we need supplies that are the least polluting and have the lowest costUK households to be urged to use more power this summer as renewables soarTerrific news: despite turmoil in the strait of Hormuz, the UK will have sufficient supplies of gas to meet de...

Posted on 13 April 2026 | 11:01 pm

UK households to be urged to use more power this summer as renewables soar

The Guardian

Incentives to absorb surplus wind and solar energy could help balance the grid and lower billsThe UK needs more North Sea gas, not greater reliance on US imports | Nils PratleyHouseholds will be called on to boost their consumption of Great Britain's record renewable energy this summer to help bal...

Posted on 13 April 2026 | 11:01 pm

Oil jumps back above $100 after US-Iran peace talks fail

BBC

The failure of negotiations at the weekend has raised concerns that the global energy crisis will deepen.

Posted on 13 April 2026 | 7:17 pm

US drivers head to Native American lands for cheaper gas

BBC

Some of the cheapest fuel in the country can be found on tribal land due to tax exemptions.

Posted on 13 April 2026 | 7:10 pm

Plans to change HS2 train size could reduce capacity and speed in north, says expert

The Guardian

Review of original train order is meant to prevent service problems north of Birmingham but it may do the oppositePlans to change the size of HS2 trains to maximise capacity are likely to inflate costs and mean fewer seats and slower services north of Birmingham, a senior government and rail industr...

Posted on 13 April 2026 | 6:56 pm

Judge dismisses Trump's lawsuit against Wall Street Journal and Murdoch

The Guardian

Judge rules complaint fails to outline malice after Trump argued lewd drawing allegedly sent to Epstein at heart of story was fakeA Florida judge has dismissed a lawsuit filed last summer by Donald Trump over a Wall Street Journal report that he had sent a "bawdy" letter to the disgraced financi...

Posted on 13 April 2026 | 4:54 pm

Goldman Sachs chief 'hyper-aware' of risks from Anthropic's Mythos AI

The Guardian

US bank has the Claude model and is working closely with the tech firm to improve cyber protectionGoldman Sachs's chief executive, David Solomon, has said he is "hyper-aware" of the capabilities of Anthropic's Mythos AI model and is working "closely" with the tech firm after it issued wa...

Posted on 13 April 2026 | 4:48 pm

How many ships are crossing the Strait of Hormuz?

BBC

The first vessel has crossed the Strait of Hormuz after the US imposed a military blockade of Iran's ports.

Posted on 13 April 2026 | 4:37 pm

Taxis, farmers and the fuel crisis in the south

BBC

Drivers in the south of England are feeling the financial strain from the US-Israel war with Iran.

Posted on 13 April 2026 | 4:28 pm

US home buyers 'frozen' as sales slump over Iran war fears

BBC

The number of homes sold in the US hit a nine-month low, with economists warning of the slowdown could worsen.

Posted on 13 April 2026 | 4:25 pm

US home buyers 'frozen' as sales slump over Iran war fears

BBC

The number of homes sold in the US hit a nine-month low, with economists warning of the slowdown could worsen.

Posted on 13 April 2026 | 4:25 pm

Are you worried about rising fuel costs?

BBC

Energy costs jump as oil supplies from the Middle East are disrupted by failed US-Iran ceasefire talks.

Posted on 13 April 2026 | 4:22 pm

What is a naval blockade and how would it work in Strait of Hormuz?

BBC

Donald Trump says that the US is blockading the Strait of Hormuz. What does this mean in practice?

Posted on 13 April 2026 | 4:07 pm

Meta creating AI version of Mark Zuckerberg so staff can talk to the boss

The Guardian

Digital clone being trained on his thoughts, tone and mannerisms to help workers feel connectedIf you are one of Meta's almost 79,000 employees and cannot get hold of the boss, do not worry. The owner of Facebook and Instagram is reportedly working on an AI version of Mark Zuckerberg who can answe...

Posted on 13 April 2026 | 3:27 pm

GTA-maker Rockstar Games hacked again but downplays impact

BBC

The incident marks the second time the games giant has been hacked by young, English-speaking hackers.

Posted on 13 April 2026 | 3:10 pm

Green light to build nuclear power station that promises 8,000 jobs

BBC

Rolls-Royce has said the project will create 8,000 jobs across Britain.

Posted on 13 April 2026 | 2:57 pm

Don't mention the climate: Trump creates 'beyond absurd' situation at global finance talks

The Guardian

Developing countries face possible shelving of crucial green action plan at IMF and World Bank spring meetingsGovernments desperate for cash to protect their citizens from the growing impacts of the climate crisis are being put in a "beyond absurd" situation this week at global finance talks: th...

Posted on 13 April 2026 | 1:00 pm

EasyJet passengers describe EU border 'nightmare'

BBC

Airlines warn of further disruption due to the introduction of a new EU digital border control system.

Posted on 13 April 2026 | 12:56 pm

Farmers ask Stormont for financial help with fuel costs

BBC

Fuel costs have soared globally as a result of the US-Israel war with Iran.

Posted on 13 April 2026 | 12:20 pm

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