UK warehouse landlord Segro rejects £12.6bn takeover offer from US rival
FTSE 100 firm says Prologis all-share proposal turned down as it falls long way short of its own views on value
News
Meta pauses employee tracker for AI training amid privacy concerns
Mark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash.
‘You can’t make billions without hurting people’: Cory Doctorow on Elon Musk, the AI bubble and bosses’ cruel fantasies
The writer who coined the word ‘enshittification’ tells us why AI will never deliver what it promises – and why it still appeals so much to those in power
Dettol apologises after ‘toxic men’ advert sparks backlash in China
British disinfectant brand withdraws advert about a man’s efforts to find a ‘clean and untouched’ woman
Commodity traders offer £1m to crisis fund after FCA competition probe
The FCA is concerned 11 traders may have shared sensitive information or coordinated trades, potentially restricting competition.
Farm workers at high risk amid screwworm outbreak in US south-west
Those who work with animals are at greater risk for infection, but face challenges in accessing healthcare
Megan Greene's CV and questionnaire for the Treasury Select Committee
The Prudential Regulation Authority (PRA) has today published a consultation on the internal model approach to market risk (IMA), which represents the final piece of Basel 3.1’s implementation in the UK.
Progressive economists reject Unite leader’s criticism of Ed Miliband
Sharon Graham is urged to withdraw her claim that the energy secretary would cost jobs if he became chancellor
Iceland joins TIPS for instant payments
The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow payments in Icelandic króna to be se…
Keir Starmer couldn’t beat the curse of Brexit – a politics poisoned by nationalism | Rafael Behr
The outgoing prime minister’s efforts to mobilise a healthier kind of patriotism fell flat. Andy Burnham may stand a better chance
‘Who is going to pay us when we’re replaced by robots?’ The Indian factory workers told to film themselves for AI
When workers had cameras attached to them, they found it funny at first. But novelty soon turned to concern
24-hour parks and alcohol bans: what cities could learn from Paris’s ‘heatwave mode’ | Helen Massy-Beresford
Following a devastating heatwave in 2003 that killed 15,000, France has adopted four alert levels to help people cope with extreme temperatures
Former WH Smith’s small suppliers to lose at least half of debts in rescue plan
If TG Jones’s aggressive restructuring is voted through, the charity Help for Heroes and other creditors will be out of pocket
‘Walking a tightrope’: Burnham’s borrowing plans clash with fiscal realities
The man tipped for No 10 could also come under immediate pressure if his chancellor is deemed by bond markets to be too left-wing
Britain is still stuck on its ex – but after 10 long, lonely years, does the EU feel the same way? | Katy Lee
As a podcast host, I speak daily to people on both sides of the breakup. A decade after the referendum, it’s clear who’s moved on
Elon Musk’s trillionaire status at risk after drops in SpaceX and Tesla’s shares – business live
Financial analyst Bill Blain of Windshift Capital sees signs that SpaceX could fall further, writing this morning:
Britain, Brexit, Burnham: how was it for EU? – podcast
A decade after Brexit, the UK simply can’t shake the legacy of the referendum. But with shifting public opinion and the rise of Andy Burnham, could Britain be plotting a path back to the EU?
‘A real difference’: how community hubs help local people fight rising living costs
More locations are offering debt advice, health services, cafes, social activities and support under one roof
Deaths linked to London air pollution have fallen 40%, study estimates
Deaths linked to air pollution fell by an estimated 40% in London over the five years from 2019, according to new analysis.
Chinese supercomputer leapfrogs best US machines to be ranked world’s fastest
China’s LineShine debuts at number one in Top500 – a list sometimes viewed as a national measure of global tech prowess
Card payments outage hits pubs and shops during England match
Customers report having to use cash at stores such as Tesco and to buy drinks due to outage at payments processor WorldPay
Rubio insists strait of Hormuz will be toll-free as he arrives for Gulf meeting
US secretary of state seeks to reassure UAE, Kuwait and Bahrain over security and US-Iran ceasefire deal
Electricity prices jump in Europe as demand soars in the heatwave
The heatwave has prompted a sharp rise in electricity prices across European markets as millions turn to air conditioners and electric fans to battle record high temperatures, which have also caused a string of power pl…
Top auto regulator investigates deadly Tesla crash into Texas home
The vehicle was using an automated driving feature at high speed and killed a 76-year-old woman standing in the home