Business

Rio Tinto urges shareholders to reject proposal to drop London listing

OSTN Staff

Recommendation to vote against activist investor’s resolution comes as weak iron ore prices hit mining group’s earnings

Delta offers $30,000 to each passenger in Toronto crash landing

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There were no fatalities among the 76 passengers and four crew members in the accident Monday at Toronto-Pearson International Airport, although 21 ...

US congressional committee warns on new Chinese embassy in London

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Plans raise ‘significant’ security concerns for financial services industry, says Washington

Defunct crypto exchange FTX begins to repay customers—but they’ll only get back a fraction of their crypto holdings

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Affected customers with claims of less than $50,000 can access their funds through Kraken or BitGo. Read More

New Social Security chief contradicts Trump’s claims that millions of dead people are getting payouts

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“Maybe Twilight is real and there are a lot of vampires collecting Social Security,” Elon Musk said on the topic. ...

The most underreported and important story in AI right now is that pure scaling has failed to produce AGI

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Grok 3’s somewhat underwhelming performance should be a wake-up call. Read More

2 dead after a pair of small planes collide on the outskirts of Tuscon, Arizona

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Four major aviation disasters have occurred in North America in the last month. Read More

Pressure on Starmer to criticise Trump for calling Zelenskyy a ‘dictator’

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UK prime minister keen to avoid upsetting relationship ahead of next week’s White House visit

Fed officials seek ‘further progress’ on inflation before cutting rates

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Minutes from January meeting show US central bankers back ‘careful’ approach on reducing borrowing costs

Trump kills NYC’s controversial tolling system that charged $9 on most vehicles entering the city

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The toll was designed to cut down on traffic congestion and use the fees to fund improvements for the aging ...

Fed officials say Trump’s tariffs and migrant deportations could push inflation higher this year

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The Fed minutes also cited a “high degree of uncertainty” surrounding the economy. Read More

To create a successful businesses, find a problem that needs to be solved, according to this family of entrepreneurs

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“It’s not my job to just simply leave a great world for our children. We also want to leave great ...

So many Americans died from Covid, it’s boosting Social Security to the tune of $205 billion

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The increase is ‘driven primarily by the premature death of people who would have received retirement benefits.’ Read More

‘Inflation is back,’ Trump says. ‘I had nothing to do with it’

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An inflation surge in January is complicating Trump’s campaign promise to bring down prices on “day one.” Read More

Trump administration halts New York City’s congestion scheme

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Transportation department’s decision to terminate federal approval risks sparking battle over states’ rights

France and UK plan air power-backed ‘reassurance force’ in postwar Ukraine

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Proposal sees smaller role for land troops to enforce ceasefire, but would require significant US support

The USDA is scrambling to rehire officials working to curb the spread of bird flu after firing them

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The H5N1 avian flu has impacted more than 160 million birds, resulting in the deaths of 20 million egg-laying chickens ...

Nordstrom hires the ‘Michael Jordan of personal styling,’ Catherine Bloom, as its first director of luxury styling

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Nordstrom will transform its Melrose Place location in Los Angeles into the “Catherine Bloom for Nordstrom” storefront. Read More

Coca-Cola is Olipop and Poppi’s latest prebiotic soda competitor. But are ‘healthy’ sodas actually good for you?

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What to know about the trendy sodas that tout gut-health benefits. Read More

Amazon’s big bet on warehouse robots is already getting a boost from generative AI

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Amazon already operates a fleet of more than 750,000 robotics in the U.S. Generative AI is helping make these devices ...

KKR submits £4bn bid to take majority stake in Thames Water

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Private equity firm plans to keep debt-laden utility in one piece, in contrast to other bidders

Apple just unveiled a new iPhone months outside its typical announcement window—but the most interesting thing about it isn’t the price tag

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The new iPhone 16e could spell the beginning of the end for Apple’s business with Qualcomm’s cellular modems. Read More

Wood Group’s CFO steps down after inaccurate claims about qualifications

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Engineering group accepts Arvind Balan’s resignation in statement on London stock exchange

Trump calls Zelenskyy a ‘dictator’ and demands an election in Ukraine, borrowing a page from the Kremlin playbook

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Zelenskyy accused Trump earlier Wednesday of living in a Russian-made “disinformation space.” Read More

Trump makes bid for control of independent US regulators

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Executive order will force watchdogs including the Federal Reserve and SEC to submit draft regulations to the White House

Trump floats 25% tariffs on U.S. auto, drug, chip imports

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Stocks fell Wednesday amid fresh investor concern about a broader trade war. Read More

Google builds AI ‘co-scientist’ tool to speed up research

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Lab assistant powered by artificial intelligence can help generate scientific hypotheses

Microsoft claims quantum breakthrough after 20-year pursuit of elusive particle

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US tech giant says it has harnessed a new state of matter to create the basic building blocks of a ...

Trump signs executive order to cut the $25,000 price tag of IVF

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While many Republicans oppose abortion, IVF remains popular across both parties. Read More

Trump’s rush to strike a deal on Ukraine hands Putin the advantage

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US president’s public exchange of insults with Zelenskyy forms part of rapid pivot towards Russia