Orbán’s defeat threatens to halt Hungarian support of populist right


Wheat price heading for biggest jump in two months as Iran war threatens to drive food security higher – business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.A jump in the wheat price is adding to concern that the conflict in the Middle East will fuel food inflation this year.Chicago wheat futures are up almost 4.5% this week, heading for their biggest weekly jump since February. Concerns about dry weather in the US, and the Iran war, are both factors

Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair
Democrats have moved to stall Donald Trump’s effort to exert greater control over the US Federal Reserve, condemning the president’s “absurd” bid to install a new leader of the central bank while it is targeted with criminal investigations.Democratic lawmakers on the Senate banking committee urged its Republican leadership on Thursday to postpone the planned confirmation hearing for Kevin Warsh, the financial executive and former Fed governor Trump has nominated to replace Jerome Powell as Fed chair.In a letter to banking committee chair Senator Tim Scott, a Republican from South Carolina, the 11 Democrats called for a hearing currently scheduled for Tuesday to be delayed until investigations into Powell and Lisa Cook, a current Fed governor, are closed.Powell – whom the president has frequently and publicly chastised over his refusal to dramatically lower interest rates – is facing a criminal investigation into the renovations of the central bank’s headquarters, which he dismissed as a “pretext” tied to the Fed’s refusal to bow to Trump’s demands.The Trump administration also tried to fire Cook, an appointee of Joe Biden, for alleged mortgage fraud

Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool
British banks will be given access in the next week to a powerful AI tool that was deemed too dangerous to be released to the public, as a series of senior finance figures warned over its impact.Anthropic, which has so far limited the release of the new model to a small clutch of primarily US businesses, including Amazon, Apple and Microsoft, said it would expand that to UK financial institutions in the coming days.“That is in the very near term, in the next week,” Pip White, Anthropic’s head of UK, Ireland and northern Europe operations, said in a Bloomberg TV interview. “As you would expect, the engagement I have had from UK CEOs in the last week has been significant.”Anthropic, which is the company behind the Claude family of AI tools, has said that its latest model, Mythos, poses an unprecedented risk because of its ability to expose flaws in IT systems

US tech firms successfully lobbied EU to keep datacentre emissions secret
Microsoft and other US tech companies successfully lobbied the EU to hide the environmental toll of their datacentres, an investigation has found, with demands to block a database of green metrics from public view written almost word for word into EU rules.The secrecy provision, which the European Commission added to its proposal almost verbatim after industry lobbying in 2024, hinders scrutiny of the pollution that individual datacentres emit. It leaves researchers with just national-level summaries of their energy footprints.The rise of AI chatbots has spurred a boom in the construction of chip-filled warehouses with a hunger for power that is being met, in part, by burning fossil gas. Legal scholars warn the blanket confidentiality clause may fall foul of EU transparency rules and the Aarhus convention on public access to environmental information

Inspirational success stories are great but is ADHD really a superpower for elite athletes? | Emma John
Kirsty Brown is a keen golfer. “If I could just transport myself straight to the first tee, that would be amazing,” she says. “But getting there on time, remembering all my kit, making sure I’ve eaten before I play – all those aspects are more challenging than competing itself.” Brown, who has attention deficit hyperactivity disorder (ADHD), admits that can be hard to explain to coaches or teammates. “It doesn’t necessarily make sense to them – it doesn’t really make sense to me either

Chess: Sindarov wins Candidates with record total, while Vaishali takes women’s event
Javokhir Sindarov finished with a record total in the world championship Candidates in Pegeia, western Cyprus, as the 20-year-old from Uzbekistan won the competition with a record 10/14 total, 1.5 points clear of his nearest rival, Anish Giri. The women’s Candidates was won by India’s 24-year-old Vaishali Rameshbabu, half a point ahead of Kazakhstan’s Bibisara Assaubayeva, who is also Sindarov’s girlfriend.Sindarov dominated the field with a controlled display reminiscent of the old Soviet master Mikhail Botvinnik. His pre-game preparation was exceptional, several times accurately predicting what would appear on the board right into the endgame

People in north of England twice as likely to be killed in accidents as Londoners, report finds

Sexual harassment is rife on comedy circuit and women lack protections, MPs told

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Government’s 1.5m housebuilding target in England is suffering from subsidence | Nils Pratley

One year on: how landmark ruling on single-sex spaces has changed lives