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Central banks face a policy dilemma as inflation remains above targets while economic growth slows and Middle East tensions threaten oil prices, complicating decisions on interest rate adjustments.
England’s planning rules will make it harder to convert pubs into housing or offices, requiring developers to prove no viable pub business prospects after 12 months of marketing.
Water regulators in England and Wales are considering allowing companies to raise bills during drought periods, a practice likened to surge pricing used by ride-sharing services.
American Airlines will restrict complimentary business-class upgrades for elite members on certain long-haul domestic routes starting Aug. 25, offering premium economy upgrades instead.
Nvidia announced a $500 billion financing plan for AI infrastructure with major asset managers, but faces risks from potential Chinese competition and GPU depreciation concerns.
Home Depot CEO Ted Decker is taking temporary medical leave for several months, with two senior executives appointed to lead operations and financial management during his absence.
