Business

Rising gas and jet fuel prices reflect the widening Middle East conflict, prompting market volatility in Asia, supply chain disruptions, and debates over post-war vision and energy security.

Companies like Delta and Puma are undergoing leadership changes or stake acquisitions, while retailers such as Target and Victoria's Secret announce investment strategies and mixed profit forecasts alongside regulatory fines for utilities like South East Water.

China announces its lowest economic growth target in decades amid slowing EV demand and supply chain challenges for companies like BYD and JD.com, while traditional businesses invest in AI and Nvidia halts specific chip production.

Revolut seeks a U.S. banking charter to expand fintech services, NYSE owner invests in crypto exchange OKX, private credit faces challenges, and discussions arise around crypto investor donations and the rise of Isa millionaires.

Anthropic and OpenAI engage in talks with the Pentagon regarding AI use and safeguards, as Broadcom's AI business booms and European defense tech startups seek capital.

Headlines address rising childcare costs, US labor secretary investigations, disputes over credit card refunds for hotel issues, Trump's 'No Tax on Overtime' rule, and UK-specific matters like asylum seeker rights and facial recognition in supermarkets.

The Los Angeles Oceanwide Plaza finds a buyer amidst its graffiti notoriety, JPMorgan's bid for a New York hotel is thwarted, and discussions cover UK mortgage market instability, Airbnb's impact on Alpine towns, and London exhibitions.

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