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US reportedly pursuing third oil tanker linked to Venezuela
Posted onThe US Coast Guard is in “active pursuit” of another vessel in international waters near Venezuela as tensions in the region continue to escalate. US authorities have already seized two oil tankers this month – one of them on Saturday. Sunday’s pursuit related to a “sanctioned dark fleet vessel that is part of Venezuela’s illegal…
Trumps immigration data dragnet
Posted on“I’ve seen the apps and I don’t like them,” says a DHS official who left this year. “It’s rife for abuse.I imagine they’re being used in ways they were not intended.” He highlighted the risks of misidentification, noting that facial recognition often has elevated error rates for people of colour. “I have no confidence that…
Court sides with Adidas in appeal over Kanye West collaboration
Posted onAdidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…
China tightens export rules for crucial rare earths
Posted onChina has tightened its rules on the export of rare earths – the elements that are crucial to the manufacture of many high-tech products. New regulations announced by the country’s Ministry of Commerce “to safeguard national security” formalise existing rules on processing technology and unauthorised overseas cooperation. China is also likely to block exports to…
‘Failings at every level’ led to botched insulation scheme
Posted onA botched net zero scheme which has caused damp issues in thousands of homes was the result of ”serious failings at every level”, a UK government official has said. Last month, the National Audit Office found that 98% of the 23,000 homes that had external wall insulation installed under two separate schemes will result in…
What the interest rates cut means for mortgages, pensions and savings
Posted onRachel Clun Business reporter, BBC News Getty Images Changes to the Bank of England’s base rate can affect mortgage and savings rates The Bank of England has cut UK interest rates from 4.25% to 4%, the lowest level since March 2023. The Bank of England interest rate can affect mortgage rates and interest rates on…
