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Seven crew missing after drone attack leaves tanker ablaze off Romania’s coast
Seven crew members are missing after a drone attack ignited a chemical tanker off Romania’s coast on Thursday. The incident marks the latest in a series of strikes in the Black Sea region.
Revealed: Serbian ruler’s secret role in ‘illegal’ effort to help Trump business
Serbia’s authoritarian leader personally intervened in an alleged scheme to override protections on a historic Belgrade building for a Trump tower project, according to leaked documents and interviews revealed by investigators.
Speed up electricity grid upgrade or else face higher bills, warns UK watchdog
The UK’s public spending watchdog warns that without faster electricity grid upgrades, consumers could face annual bills £7.8bn higher by 2030 as aging infrastructure struggles with renewable energy integration.
Scrap windfall tax on oil and gas firms early, North Sea industry urges
The North Sea oil and gas industry is urging the Labour government to scrap the windfall tax on fossil fuel firms three years early and approve major new drilling projects.
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‘A critical moment’: concern UK is not up to speed in acting on AI risks
UK government faces criticism over reduced focus on AI safety after abolishing its dedicated science and technology department, amid growing concerns about existential risks.
Virginia governor creates an AI task force and moves to restrain data centers
Virginia Governor Abigail Spanberger issued an executive order establishing an AI task force and implementing measures to give local communities greater control over data center development in the state.
Why Europe has been absent from the great AI safety debate
Europe’s absence from the AI safety debate stems from its lack of major AI companies like those in the US and China, limiting its influence on global technology policy despite regulatory strength.
OpenAI and Microsoft knew they were starting a ‘doom loop’ for the web
Unsealed court documents reveal OpenAI and Microsoft acknowledged their AI systems created a ‘doom loop’ damaging the web and represented the ‘largest theft of labor in human history.’
The furious dispute over what caused Air India flight 171 to crash
Air India Flight 171 crashed shortly after takeoff in June last year, killing 259 people. The investigation’s preliminary findings about potential pilot error have sparked intense controversy and accusations of bias.
25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access
Twenty-five years after the September 11 attacks, U.S. authorities are gradually rolling back some long-standing aviation security measures, including shoe removal requirements and liquid restrictions, while introducing new trusted traveler programs.
Wealthy investors are pouring billions into this new tax strategy despite risks
Wealthy investors are rapidly deploying billions into tax-aware long-short strategies to offset capital gains, but financial regulators and experts warn of substantial risks including potential Treasury scrutiny and complex exit challenges.
Bank of England holds interest rates at 3.75% but warns war could force future rises
The Bank of England maintained interest rates at 3.75% while warning that prolonged Middle East conflict could necessitate future rate increases due to inflation concerns stemming from rising energy prices.
Economy minister accuses SoS of ‘mischief making’ in social media exchange
Northern Ireland’s economy minister criticized the UK secretary of state for social media comments about a new electricity bill reduction scheme, questioning whether he was “mischief making.”
‘Cost of housing’ crunch looms for low-income families, warns Resolution Foundation
Over 1.1 million low-income renting families face housing affordability pressures as local housing allowance remains frozen, with weekly shortfalls averaging £158 nationally and exceeding £300 in London.
Harrods seeks to recover abuse compensation costs from Mohamed Al Fayed’s estate
Harrods is pursuing full indemnity from Mohamed Al Fayed’s estate to recover compensation costs paid to alleged abuse survivors, a plan survivors say contradicts the retailer’s stated acceptance of responsibility.
Could US pull one-third of troops from Europe? What that would mean
The Pentagon is reportedly considering withdrawing up to one-third of approximately 68,000 US troops stationed in Europe, following European allies’ refusal to grant Washington access to airbases for operations against Iran.