U.S. satellite giant Viasat’s $7.3 billion takeover of UK rival Inmarsat faces in-depth competition probe
The U.K.’s competition regulator is worried the deal would lead to higher prices for onboard Wi-Fi on plane flights.
Oil protesters arrested after throwing tomato soup at Van Gogh painting
Two activists from campaign group Just Stop Oil have been arrested after throwing tomato soup on Vincent Van Gogh’s famous “Sunflowers” painting.
UK PM Liz Truss announces another huge U-turn and names Jeremy Hunt as finance minister
British Prime Minister Liz Truss on Friday scrapped another key tax-cutting policy after firing her finance minister.
JPMorgan Chase tops estimates as bank reaps more interest income than expected after jump in rates
JPMorgan Chase on Friday posted results that topped analysts’ estimates as the biggest U.S. bank by assets took advantage of rising rates.
Musk says SpaceX cannot fund Starlink in Ukraine ‘indefinitely’ after report he asked Pentagon to pay
Elon Musk has claimed that the Starlink Ukraine operation has cost SpaceX $80 million so far, and will exceed $100 million by the end of the year.
Putin says mobilization to end in two weeks; Musk says SpaceX will stop funding Starlink in Ukraine
Ukrainian forces continue to gain ground in territory occupied and annexed by Russia, with Kyiv saying it has liberated some 600 settlements this month.
UK markets await major press conference as finance minister’s future hangs in the balance
Prime Minister Liz Truss is under immense pressure to rethink her economic policies as opinion polls show support for her government has collapsed.
UK’s Royal Mail reveals plans to cut up to 6,000 jobs by next summer
The news follows a summer of strikes by postal workers in the U.K.
UK cliff edge arrives as Bank of England prepares to end its emergency bond buying
The central bank’s emergency program draws to a close Friday, but traders remain on edge as volatility in the U.K. gilt market looks set to continue.
Europe is still quietly importing Russian nuclear energy
Russia’s nuclear fuel industry remains conspicuously untouched by European sanctions more than seven months into the Kremlin’s war in Ukraine
