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Exclusive: Chris Bryant says policy agreements are being done in bits and pieces but a greater vision is needed by both sidesIt was all smiles and warm handshakes when the two men in charge of renegotiating the UK's relationship with the EU met in Brussels this week.Maroš Šefčovič and the UK minister for EU relations, Nick Thomas-Symonds, sharing a stage on the third floor of the vast European parliament building, were at pains to show the cross-Channel relationship was in a good place after years of rancour. Continue reading......

Chelsea Walsh prematurely gave birth after firm rejected work from home request in 2021 amid high-risk pregnancySign up for the Breaking News US email to get newsletter alerts in your inboxAn Ohio freight-brokerage firm must pay $22.5m in damages to a woman whom the company denied permission to work from home as she tried managing pregnancy complications – and then endured her newborn's death after prematurely giving birth, a state court jury has decided.The case centering on Chelsea Walsh, her late daughter Magnolia, and Total Quality Logistics (TQL) unfolded as many employers increasingly allowed remote work during the Covid-19 pandemic – but then pushed to get workers physically back into the office. Continue reading......

From restaurant closures in the Philippines and petrol rationing in Sri Lanka, to Asian food production crises due to fertiliser shortages, the effects of the US-Israeli war on Iran reverberate around the worldFrom the Philippines cutting down to a four-day week to save electricity, to restaurants in India taking gas-intensive dishes off the menu, and rents being frozen in Spain, the economic fallout of the US-Israeli war on Iran has reverberated around the world.Facing an existential threat, Tehran has retaliated by closing the vital Hormuz shipping lane and bombing its oil and gas-rich neighbours, compounding a deepening crisis abroad for businesses and families. Continue reading......

Markets seem particularly attuned to increasing oil prices, with S&P 500 and Nasdaq down 1.5% and 2% respectivelyUS stock markets dropped again on Friday, capping off a fourth week of market turbulence as investors worried about the US-Israel war on Iran and its widespread impact on global oil prices.The Dow lost over 400 points on Friday, with the S&P 500 slipping 1.5% and the tech-heavy Nasdaq down 2%. Continue reading......

Anger grows within cabinet over impact of war begun by Donald Trump, who branded Nato allies 'cowards'• Middle East crisis – live updatesDonald Trump has branded the UK and other Nato allies “cowards” but anger is growing among cabinet ministers that his war in Iran could jeopardise Britain's fragile finances.Senior members of the government are in despair about the potential effects on the economy, with experts warning of higher energy prices and increased mortgage and borrowing costs. Continue reading......

Bill Ready pointed to Australia's social media ban for under-16s as a model, though it does not apply to his companyPinterest's CEO called on world leaders to ban social media for youth under 16 in a LinkedIn post on Friday.“We need a clear standard: no social media for teens under 16, backed by real enforcement, and accountability for mobile phone operating systems and the apps that run on them,” Bill Ready wrote. Pinterest, an image-sharing platform, has seen a surge in young users over the past year but has disappointed Wall Street with its quarterly financial reports of late. Continue reading......

International Energy Agency recommends emergency measures, including working from home, as Iran war hits fuel supplyLowering speed limits to minimise fuel consumption is among potential contingency plans being drawn up by the UK government as the crisis in the Middle East threatens global oil supplies.Sources stressed that there is no shortage of fuel in the UK, but said that officials in the Department for Transport are working with the Department for Energy Security and Net Zero (DESNZ) on an analysis of how what measures could be taken to curb oil demand. Continue reading......

In-service training is best for the workforce and industry, writes Alan AckroydThe government is taking the wrong approach by teaching vocational qualifications in the classroom (Editorial, 15 March). Vocational training should take place primarily in the workplace and employers should be forced to include relevant training and qualification packages for all staff.I have had two different experiences of this. When I first left school I entered an apprenticeship in my local printing firm. They made me competent in what they did but refused to allow me to take a day-release course (that I had arranged for myself) for fear that it would lead to my leaving the company. I left the industry for tertiary education. Continue reading......

Across south-east Asia, governments are scrambling to find ways to conserve energy and shield the public from soaring costs, as war in the Middle East causes huge disruption in the global oil market. In Thailand, news anchors have been ditching their jackets after orders to reduce air conditioning use, while government workers in the Philippines are operating on a four-day week. Asia relies heavily on imported energy, much of which passes through the strait of Hormuz, and officials have warned further measures could be considered if the energy crisis worsens. Lucy Hough speaks to the Guardian's south-east Asia correspondent, Rebecca Ratcliffe Continue reading......

Move follows the granting of a worldwide asset-freezing order on company's founder, Paresh RajaWhat is the £1.3bn MFS mortgage scandal and what is private credit?The UK's financial regulator has launched an investigation into Market Financial Solutions (MFS), the mortgage lender that collapsed last month amid allegations of fraud.The move follows the granting of a £1.3bn worldwide asset-freezing order on MFS founder Paresh Raja on Wednesday, as creditors successfully gained court orders in London and Dubai barring the tycoon from dissipating assets. Continue reading......

CBS News Radio to shutter after nearly 100 years as editor Bari Weiss tells staff cuts were 'necessary' decisionSign up for the Breaking News US email to get newsletter alerts in your inboxCBS News announced it is laying off dozens of employees on Friday and ending CBS News Radio – its nearly 100-year-old radio service – as part of a strategic restructuring.The news was announced in a memo to staffers from its editor-in-chief, Bari Weiss, and president, Tom Cibrowski. Employees will be informed by the end of the day if their job has been affected, the two executives said in the memo. Continue reading......

Many MPs say they are frustrated with communications strategy that brands both Reform and Greens as extremistsCabinet ministers have been studying a blueprint for Labour to radically overhaul its economic offer and messaging, including devolving tax powers, abolishing national insurance and major property tax reforms.Passed around dozens of MPs, the paper argues that without a major rethink, the failure to tackle the discontent on the cost of living will hand the next election to a hard-right government. There is also increasing concern that the war with Iran – pushing up prices of fuel, energy, food and mortgages – will fuel further mass public anger. Continue reading......

Insurers at Lloyd's of London say cover is available at a price, while merchants view the danger level as too highShipping risk been insured by Lloyd's of London for more than 330 years, but now the centuries-old heart of maritime insurance is getting to grips with the most modern of threats – drones and missiles threatening hundreds of vessels stuck in the Gulf region amid the escalating Middle East conflict.For nearly three weeks, the crucial strait of Hormuz has effectively been closed to the more than 100 gas and oil tankers and container ships that usually pass through each day. Continue reading......

As missiles fall from the sky and energy infrastructure is targeted, the limitations of relying on the US for protection are becoming all too obviousFor more than two weeks, missiles and drones have been crossing the skies of the Gulf, as a war many in the region sought to avoid – between the USand Israel, and Iran – continues to escalate. Airlines are diverting flights, shipping routes are being disrupted and air defence systems across the region are operating at constant alert. Now, with attacks extending to energy infrastructure including gas facilities and production sites, it is likely that the war has entered into a dangerous phase of escalation.Yet the governments now living with these risks were among those that most tried to prevent the conflict, encouraging negotiations in recent months and warning about the dangers of escalation.Sanam Vakil is the director of the Middle East and North Africa programme at Chatham House Continue reading......

Record 171 million passengers are expected to fly this spring, even as TSA funding lapse risks longer airport linesSpring breakers in the US could see their long-awaited trips to party destinations disrupted by a trifecta of issues: airport security delays, high gas prices, and chaotic weather.The potential for flight delays comes as US airlines expect that they will see a record-shattering spring travel season. Airlines for America, an aviation industry group, said that 171 million passengers are expected to fly – a 4% increase from the 2025 spring travel period. Continue reading......

Teenager files application to prevent fake productsLittler defies boos to fight back and defeat Gerwyn PriceLuke Littler has made an application with the Intellectual Property Office to trademark his face. It is understood the application will prevent fake products powered by AI using his picture without permission and breaking copyright laws.The teenager, who has won back-to-back World Darts Championship titles, is highly marketable and his face appears on a wide variety of branded products, from his own dart board to video games and bags of nuts. Littler has already trademarked his “the Nuke” nickname in the US. Continue reading......

Fire service warns ubiquity of batteries in everyday products is outpacing public understanding and safety regulationsLithium-ion batteries represent a new technological hazard that one fire science expert has said keeps him awake at night, as fire service chiefs warn the ubiquity of lithium-ion batteries in everyday products is outpacing public understanding and safety regulations.The blaze that devastated a historic building in Glasgow and resulted in the continuing closure of Central Station, Scotland's largest rail interchange, is believed to have started in a shop selling vapes, which are powered by lithium-ion batteries. The latest data reveals a sharp increase in battery-related fires across Scotland, while firefighters in London attend an e-bike or e-scooter fire every other day. Continue reading......

Closure of strait of Hormuz – a key fertilizer production and transportation route – has squeezed farmers as prices jumpRodney Bushmeyer has been farming as long as he can remember. Bushmeyer's father was a farmer, as was his grandfather.The family-run Bushmeyer Farms in Illinois dates back more than 100 years, when his ancestors came to the US from Germany. They acquired the first 80 acres cost-free as homesteaders, cleared the land, and worked it. Continue reading......

Consultancy's forecast of £1,972 annual dual fuel bill follows conflict pushing UK's gas market past three-year highsBusiness live – latest updatesHousehold energy bills in Great Britain could soar by more than £330 a year to almost £2,000 from this summer after the war in Iran pushed the UK's gas market past three-year highs.A typical combined household gas and electricity bill is now forecast to reach £1,972 a year from July under the UK government's quarterly price cap, according to analysis by Cornwall Insight, an energy consultancy. Continue reading......

Company says tool to compare self-reported hours with computer estimates is for 'awareness, not enforcement' JP Morgan Chase has started to compare the hours junior investment bankers claim to have worked against logs on its IT system.The US bank said it would begin issuing reports to junior bankers that compare computer-generated estimates of their work weeks against their self reported timesheets as part of a pilot scheme. Continue reading......