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The Latest Breaking News from FT

Oil reverses losses as OPEC+ agrees on supply increase plan

Oil reversed losses to trade near $116 as OPEC+ ministers agreed to boost supply increases by around 50%, after prices dropped on reports U.S. President Joe Biden is likely to visit Saudi Arabia this month and that the kingdom is ready to pump more crude.

Tribune News Service

Vote of no confidence in Boris Johnson inching closer as almost 30 Tory MPs hit out

There has been a slow drip-drip of MPs submitting no confidence letters since the Sue Gray report, prompting speculation that a vote may be a question of when, not if

Daily Mirror

FT’s How To Spend It magazine rebrands as big spenders go out of style

Newspaper says possible definitions of renamed HTSI include ‘how to save it’ as cost of living crisis bites

The Guardian - UK

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Hedge fund of Blackpool FC owner Simon Sadler 'cut off' by Bank of America and Citigroup over trading concerns

Mr Sadler set up Segantii Capital Management in 2007

Birmingham Post

Prateek Hajela: From the face of the NRC to ‘anti-national’

FIR filed against IAS officer who was transferred to his home State after draft NRC was published in 2019

The Hindu

The confusion over the status of the Assam NRC

Why are the members of the Foreigners Tribunals and the State Coordinator of the National Register of Citizens at loggerheads?

The Hindu

Assam’s NRC not final, Foreigners’ Tribunals told

A member had asked the State Coordinator not to interfere in the functioning of the tribunals tasked with deciding on a person’s citizenship.

The Hindu

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What the CIA thinks: William Burns on the new world disorder

Fifty years after Nixon’s cold war coup, the US is facing a new global realignment

Financial Times

Elon Musk Said He’ll Lift Twitter’s Ban On Donald Trump So Excuse Me While I Sage My Home Screen

Incoming Twitter owner Elon Musk has promised to reverse the app's permanent ban on former US President Donald Trump so time to log off.

Pedestrian.tv

Franklin Universal Trust: Dividend Insights

Thursday marks the last chance for investors to receive the next dividend payout from Franklin Universal Trust (NYSE:FT).

Benzinga

Queen’s speech proposals show Johnson ‘bereft of ideas or purpose’, says Starmer – as it happened

The PM’s legislative agenda for the year ahead was set out earlier in the Queen’s speech, which was delivered by Prince Charles

The Guardian - UK

Once declared ‘Indian’ by FTs, a person cannot be branded as foreigner later: Gauhati HC

The Court was dealing with a batch of writ petitions concerning the question of the applicability of the principle of ‘res judicata’ in the proceeding before Foreigners Tribunal

The Hindu

EU Attempts to Save Iran Nuclear Deal with Last-ditch Effort

The European Union is making a last-ditch attempt to save the Iran nuclear deal and break a deadlock, the Financial Times reported on Saturday. EU foreign policy chief Josep Borrell told the Financial Times that he was seeking a “middle way” to end the impasse, which threatens to scupper more…

Asharq Al-Awsat

Iran says EU nuclear talks envoy to visit as bloc seeks to save deal

The European Union's Iran nuclear talks coordinator Enrique Mora is to visit Tehran on Tuesday, the semi-official agency Nour News reported on Saturday, as the bloc said it was seeking to break a deadlock and save the 2015 accord.

Reuters

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Financial Times

Lockdowns, crackdowns, chew toys. Owning an illegal big dog in Beijing

In China’s strictest city for dog-owners, a growing community of big dog-lovers learns how to live on the wrong side of the law

Daily Mirror

Financial Times editor warns of growing threat to press freedom

Roula Khalaf says the threat against reporters is growing, with wealthy organisations using their financial muscle to silence journalists

The Guardian - UK

I thought it was weird to have a favourite spoon. Then I realised I wasn’t alone ...

It sounds mundane, but a phone-in on listeners’ favourite spoons showed how much memory can be invested in them

Benzinga

Arm Removes Significant Obstacle Hindering IPO Aspirations: FT

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) owned Arm is on the verge of regaining control of its defector China joint venture, the Financial Times reports. The development will remove a significant obstacle to SoftBank’s IPO ambitions for the U.K. chip designer. Arm holds a 47.3% stake in Arm China, while Chinese investment firm…

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news in one place.

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Benzinga

Twitter's Error Led To Overstated User Figures For 3 Years: What You Should Know

Twitter, Inc (NYSE:TWTR) admitted overstating its audience figures by ~2 million users for about three years as it reported its Q1 results. “In March of 2019, we launched a feature that allowed people to link multiple separate accounts together in order to conveniently switch between accounts,” Twitter disclosed. “An error was made at that…

Benzinga

Netflix's Crash Triggers Concerns For Spotify Too

Netflix, Inc's (NASDAQ: NFLX)

Liverpool Echo

Kirkby Market traders open up on Morrisons and covid after major milestone

The ECHO spoke to local business owners about the town's success

Financial Times

The battle for Donbas: ‘the real test of this war’

Russian forces have shifted their attention to the east of Ukraine with many predicting a brutal and bloody onslaught

Reuters

UAE freezes assets of Kinahan drug trafficking gang - FT

The United Arab Emirates has frozen the assets of Ireland's Kinahan drug trafficking gang, the Financial Times reported on Thursday.

Benzinga

Amazon's Troubles Mount As Workers' Rights Advocates Slam Its Scheme For Injured Workers

Amazon.com Inc's (NASDAQ:AMZN) plans to send injured U.S. warehouse staff to non-profit groups, like homeless shelters, kitchens, and charity shops, sparked criticism from workers' rights advocates, the Financial Times reports. There were 34,001 serious injuries at U.S. Amazon facilities in 2021, up 36% year-on-year. Amazon prioritized containing its serious injury rate after…

Benzinga

Here's How Amazon Passed On Rising Fuel Costs, Inflation To Its Sellers

Amazon.com Inc (NASDAQ:AMZN) introduced a 5% surcharge to its delivery fees to shift the burden of the rising fuel costs and inflation, the Financial Times reports based on Amazon’s third-party sellers. Amazon will add the fee to the per-unit delivery cost implying the cost to deliver a T-shirt would rise from $5.07 to…

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