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A looming strike by North Sea oil workers threatens to severely disrupt UK fuel supplies, with the Unite union accusing Apache of offering unacceptable pay terms amid record company profits.
India’s trade deficit with China has surged to $112 billion despite tariff increases and bans on Chinese apps, with the nation now dependent on Beijing for over 100 critical industrial products.
Over 150 experts warned the British government that the country lacks a plan for feeding people during crises and lacks food storage, calling for food to be treated as a national security matter.
Disney is laying off approximately 300 employees, primarily in human resources and technology roles, marking the latest staff reduction under CEO Josh D’Amaro.
The Bank of England governor warns that massive AI investment could trigger financial market shocks, noting that not all companies will succeed despite current high valuations.
US 10-year Treasury yields hit their highest level in 24 years as a global bond sell-off intensifies, driven by inflation concerns linked to elevated oil prices and anticipated interest rate increases.
