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New rules would enable single-ticket bookings across multiple rail operators throughout EuropeCross-border train journeys through several European countries are the stuff of many a holidaymaker's dreams.But the reality of trying to buy the tickets, navigating multiple websites without knowing who can help if a connection is missed, can prove less than relaxing. As one MEP puts it, it can often require “five tabs, three apps and a prayer”. Continue reading......

Uline, owned by billionaire Republicans Richard and Liz Uihlein, halts construction of a new facility in KenoshaUline, a business and shipping supplies company owned by billionaire Trump supporters Richard and Elizabeth Uihlein, is pausing the construction of a new distribution facility in Kenosha, Wisconsin, citing economic uncertainty.The construction pause comes in a key battleground state, where Trump won in 2016 and 2024, but lost to Biden in 2020. Continue reading......

Case attracts widespread attention as example of China balancing enthusiastic adoption of AI with job securityA court in China has ruled in favour of a worker whose company replaced him with artificial intelligence (AI), awarding him more than £28,000 in compensation.The worker, whose surname is Zhou, joined a tech company in the eastern city of Hangzhou in 2022 to work as a quality assurance supervisor overseeing large language models used in AI products. Continue reading......

With US inflation at a three-year high, US president insisted he's not focused on economic hardship sparked by the conflictSign up for the Breaking News US newsletter emailDonald Trump has said the growing financial pressure inflicted on Americans by the war on Iran is “not even a little bit” motivating him to make a peace deal with Tehran.With US inflation at a three-year high, and fuel costs still climbing after a sharp rise in oil prices, the US president said on Tuesday that he is not focused on the economic hardship sparked by the conflict. Continue reading......

The Tropicana has been leased to entertainment company Live Nation which plans to turn abandoned space into events venueThe Tropicana in Weston-super-Mare was once a shimmering art deco lido, a premier coastal jewel where thousands flocked to bathe in the Somerset sun.But as the decades passed since its 1937 opening and an era of cheap air fares and Mediterranean holidays arrived, the lido's lustre dimmed and it was closed in 2000. For 15 years, it sat as a hollowed-out shell, a sad monument to a left-behind town. Continue reading......

Organizers are concerned Fifa tournament will deepen housing crisis as short-term listings spawn and unhoused people are further displaced in sweepsMore than 10 million people are expected to visit the US for the World Cup this summer. However, where and how to accommodate these visitors has been a concern among residents and affordable housing advocates in host cities from Seattle to Atlanta.Hotels remain under-booked in America's 11 host cities, while short-term rental listings in some cities have increased by as much as 30% in recent weeks. To incentivize homeowners and landlords to become hosts during the World Cup, platforms such as Airbnb are offering a $750 sign-up bonus, with some rental listings already reaching $6,000 a night. Advocates worry that an increase in short-term listings will lead to a tighter rental market and higher rents for residents in host cities. Continue reading......

Second-tier clubs will vote on squad cost ratio systemLeague One proposals would reduce spending on wagesEFL clubs will vote on Friday on significant changes to their financial regulations that would widen the gap in spending power between the Championship and League One. Championship clubs are voting on a proposal to align with the Premier League from next season by replacing their profitability and sustainability (P&S) rules with a squad cost ratio system, that would cap spending on player costs at 85% of football revenue.The proposed change would permit an annual equity injection of about £10m to count towards a club's revenue and increase spending capacity, whereas under P&S rules, losses are capped at £39m in the Championship over a three-year period. Continue reading......

Santa Clara county claims Meta Platforms violated the state's false advertising and unfair business practices lawsCalifornia's Santa Clara county has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California's false advertising and unfair business practices laws.The lawsuit – filed on Monday in Santa Clara county superior court on behalf of all California residents – accuses the social media giant of tolerating fraudulent advertising on a global basis. The suit seeks restitution, civil damages and an order prohibiting Meta from engaging in unfair business practices. Continue reading......

CEO admits talks with Chery as other European carmakers discuss plans with Chinese firms to share factory spaceNissan's chief executive has confirmed he would consider building cars for other manufacturers at the UK's largest car factory in Sunderland, amid talks with China's Chery.Ivan Espinosa said Nissan was “looking at options” for Sunderland and its 6,000 workers as the struggling Japanese carmaker on Wednesday reported steep losses for the year to March. Continue reading......

One elderly passenger on vessel docked in Bordeaux has died and about 50 people have symptoms, say officialsFrench authorities have confined more than 1,700 passengers and crew members to a cruise ship docked in Bordeaux after a passenger died from suspected norovirus, officials have said.The Ambassador Cruise Line vessel carrying 1,233 passengers, most of them British or Irish, arrived in Bordeaux on Tuesday. One 90-year-old passenger had died and about 50 people had shown symptoms of the virus, French health officials said. Continue reading......

Watchdog to examine whether Reform UK leader should have declared donation received before entering parliamentNigel Farage is facing a formal investigation by the parliamentary standards watchdog over a £5m gift from the crypto billionaire Christopher Harborne.The Reform UK leader received the money weeks before announcing he would stand as a candidate in the 2024 general election. Continue reading......

FTSE 100 business 'minded to recommend' £60-a-share tilt from company owned by billionaire Wallenberg familyThe laboratory testing company Intertek has become the latest FTSE 100 business to agree to a takeover, backing a £10.6bn approach from a private equity firm owned by Sweden's billionaire Wallenberg family.After rebuffing three previous approaches, Intertek's board said it was “minded to recommend” the £60-a-share tilt from the Swedish buyout firm EQT to shareholders, if there is a firm offer. Continue reading......

Industry body says energy consumption driven by AI up 15% globally in two years as it warns of societal backlashDatacentres are consuming 6% of electricity in the UK and US, with the growing strain of AI on energy supplies prompting community resistance, according to research.The proportion of electricity used by vast warehouses stacked with microchips to power AI and the internet has risen 15% worldwide in the past two years as annual global investment in datacentres approaches $1tn (£740bn) – nearly 1% of the global economy, according to the International Data Center Association (IDCA). Continue reading......

In a case of 'oh dear diary', the OpenAI president Greg Brockman is having to read extracts from his musings about Elon Musk in court. It's a terrifying reminder that what's divulged to AI really isn't privateThe hottest new read of 2026 may well be The Secret Diary of Greg Brockman, Aged 38¾. It's got everything: feuding billionaires, scheming CEOs and a perhaps somewhat unreliable narrator. You won't find it in the library, but you can watch Brockman, a co-founder and president of OpenAI, being forced to read the juiciest bits out loud in court.Before you ask ChatGPT to explain, here's the backstory: Elon Musk is in a legal battle with Brockman and the OpenAI CEO, Sam Altman. Musk, a former board member of OpenAI, is accusing the men of violating the AI firm's founding agreement by turning it into a for-profit entity. Meanwhile, Altman et al are arguing Musk is just upset he's not in control of the company and wants to bring down his competition. Continue reading......

Fugitive faces charges including corruption and money laundering in US and Malaysia for role he allegedly played in scandalThe fugitive Malaysian financier Jho Low, a central figure in the multibillion-dollar scandal at the state fund 1Malaysia Development Berhad (1MDB), is reportedly seeking a pardon from the US president, Donald Trump.Low faces multiple charges including corruption and money laundering in the US and Malaysia for the important role he allegedly played in the misappropriation of at least $4.5bn (£3.3bn) from 1MDB. Continue reading......

Bovis Homes owner's shares plunge 10.5% after it was forced to cut prices as buyers became cautiousOne of the UK's biggest housebuilders has said its profits will be “significantly” lower, as it was forced to cut prices after heightened uncertainty caused by the US-Israeli war on Iran.Vistry's shares plunged 10.5% in early trading on Wednesday, hitting their lowest level in nearly 15 years, as it told shareholders its first-half profits would be hit by the fallout from the Middle East conflict. Continue reading......

They just want to help children safely across the road on their way to and from school. Yet lollipop people are having to wear body cameras after an increase in abusive and dangerous drivers. How did things get so out of hand?There aren't many jobs that often involve jumping out of the path of speeding cars – but for the lollipop people of Britain today, this is the sad reality. And it doesn't stop there: aggression, swearing and middle fingers are just a few examples of the intimidation and abuse they face on our roads.“Oh my God, I mean, abuse of lollipop people? What has the world come to?” says Lynne Gorrara. It's a crisp, sunny afternoon in Ipswich and the 61-year-old is holding a towering stop sign above her head, clearing a crossing for a stream of schoolchildren. This spot – on a narrow residential road, with a hospital in one direction and shops in the other – is notorious for abusive drivers. Continue reading......

Matter Industries founder Adam Root has developed a filter to trap microfibres at home and on an industrial scale. But is it just a drop in the ocean?The dinky device slots seamlessly into the modest space above my washing machine. A pipe snakes down from it, drawing in wastewater from my clothes washes. At the end of each wash cycle, the machine makes a polite whirring noise: that's the sound of the groundbreaking bit of technology working, according to its inventor, Adam Root. That invention is a microplastics filter.“The most common thing we hear [from customers] is: 'I cannot believe how much material is coming out of the washing machine,'” says Root. “Somebody sent me [photos of] dinner-platefuls.” Continue reading......

Invitation to be part of group including Elon Musk and Tim Cook highlights American AI and tech ambitionsThe billionaire chief executive of the chipmaker Nvidia, Jensen Huang, has joined Donald Trump's China delegation after a reported last-minute invitation, highlighting the US's AI and tech ambitions.Huang will join a roster of US bosses including the Tesla chief executive and X owner, Elon Musk, the Apple chief executive, Tim Cook, and Goldman Sachs's David Solomon at Trump's 36-hour meeting with the China president, Xi Jinping. Continue reading......

Political instability, fears of drawn-out Labour leadership campaign, and possibility of Reform government all blamed for jump in UK borrowing costsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The UK bond market is bruised this morning after a day of political turbulence drove up Britain's borrowing costs.Brits are grappling with their own political shakeups after Nigel Farage scored big in the latest elections. The name Farage resonates in markets as a clearer path toward looser fiscal policy, higher spending and larger deficits, just as investors are already worried about Britain's debt and inflation outlook.That combination is pushing investors to demand higher compensation to hold UK government debt, sending the UK 10-year gilt yield back above 5%. That's the highest level since 1998. The higher the borrowing costs, the less the government can borrow, and the impact on growth would be negative.Who in Reform is going to run the bond marke...