Oil price jumps and FTSE 100 hits new high after Trump puts sanctions on Russian firms
Oil prices jumped and energy companies helped the FTSE 100 to a record high after Donald Trump announced new sanctions on Russia’s two biggest oil producers.Brent crude increased by 5.7% to $66.13 a barrel after the news of the fresh restrictions on Rosneft and Lukoil, as the US president ramps up pressure on Vladimir Putin to end the war in Ukraine.The jump in oil price also boosted shares in the energy companies Shell and BP by about 3%, which in turn helped to drive the FTSE 100 to a record high of 9,594
Dining out ‘under pressure’ as Britons cut back due to price rises, says YouGov
More than half of British diners say rising prices are the main reason they are eating out less, according to YouGov data showing that overall 38% of people are visiting restaurants and other eateries less often than a year ago.Among those cutting back, 63% cite higher costs as the main reason to dine out less frequently, according to the poll. Despite this downturn, more than two in five are still choosing to eat out at least once a month, while 8% of people say they never do.UK inflation was unchanged last month at 3.8%, confounding expectations of a rise, in welcome news for the chancellor, Rachel Reeves, as she plans her crucial budget next month
Nothing Ear 3 review: good-looking earbuds with ‘Super Mic’ party trick
Nothing’s latest semi-transparent noise-cancelling earbuds have a new trick up their sleeves: a high-quality mic in the case that you can push a button to talk into.The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more.This so-called Super Mic is designed for all those who want a microphone-in-the-hand experience for clearer conversations, recordings and voice notes in noisy environments
Tesla reports steep drop in profits despite US rush to buy electric vehicles
Despite record vehicle sales, Tesla saw a precipitous drop in profit in its most recent quarter.A rush to buy electric vehicles before a US tax credit for them disappears had boosted Tesla’s flagging sales, leading to the automaker exceeding some of Wall Street’s projections in its most recent financial quarter. Yet the company failed to meet earnings expectations and its stock fell in after-hours trading.Tesla reported third-quarter earnings of $0.50 a share on Wednesday after market close, less than the $0
Caluori’s aerial prowess adds intrigue to battle in the sky at Franklin’s Gardens
Brian Clough famously said that if God had intended football to be played in the sky, he’d have put grass up there. Tactical trends in rugby are moving in the opposite direction though, and with Noah Caluori set to make his second Prem start, Northampton’s high-stakes meeting with Saracens on Friday night promises to be a battle in the skies.Phil Dowson’s table-topping Saints, champions in 2023-24, are the only unbeaten team remaining after three wins and a draw. Second-placed Saracens are two points back, having scored a league-leading 168 points to Northampton’s second-best 138. Nine players involved in England’s training camp this week will start at Franklin’s Gardens
Just redo it: inside Nike’s plans to put the swoosh back into its sales
The entrance to Nike’s swish global headquarters in Beaverton, Oregon is paved with rough cobbles, designed to remind employees to watch their step when they go forward.Last summer, though, not even the world’s biggest sports brand could stop itself from taking an almighty tumble.Over the course of one July day in 2024, Nike’s share price plummeted by $28bn – the worst single-day performance in the company’s history – after it revealed that second-quarter sales were down 10%.There were headlines proclaiming that Nike was in crisis. That it had lost its cool, become either too woke, too safe, too conservative or too cumbersome, depending on their political stripe and reading of the situation
Reform’s only Black branch chair quits over ‘harmful’ migration debate
Jess Phillips has ‘full backing’ of PM over grooming gangs inquiry, says minister
Shabana Mahmood says damning report shows Home Office ‘not fit for purpose’
Police take no further action against men arrested for Trump Windsor projections
Keir Starmer prepares to miss key green target in effort to keep energy bills down
Attacks on UK cabinet secretary ‘stink of political cowardice’, union leader says
Reform’s only Black branch chair quits over ‘harmful’ migration debate