Inflation rose further above the Bank of Englandβs target as policymakers prepare for a meeting expected to yield the first rate rise since the start of the war between the U.S. and Iran.
The government cut borrowing in the first six months of its fiscal yearβbut at a slower pace than plannedβunderlining the challenges posed by rising prices and interest payments.
Oil prices rebounded from the previous sessionβs losses as traders weighed renewed threats to shipping through the Hormuz Strait and attacks targeting Saudi Arabia against a recovery in Middle East oil exports.
Draft rules on the export of artificial intelligence technology show how China is trying to balance national security risks with its desire to outpace the United States.
Draft rules on the export of artificial intelligence technology show how China is trying to balance national security risks with its desire to outpace the United States.
The UK's hottest summer on record has caused some trees to shed their leaves early, but experts say spectacular autumn colours could still be on the way.
The overwhelming vote by Alberta to stay in Canada gives Mark Carney political capital to focus on remaking the country's economy, writes the BBC's Lyse Doucet.
The project will lessen the countryβs dependence on imported energy, though environmental advocates say it undercuts a pledge to reduce carbon emissions.