Time to wrap up. Binance said hackers used a bogus job interview to compromise a computer and an internal artificial intelligence tool to gain control over the company’s wallets before stealing $6.3bn from customer accounts, in what could be the largest-ever financial heist. Brent crude reversed earlier gains and turned negative, sliding as much as 3%, after Donald Trump said the US will stop providing military funding to Israel after the end of this year. The US president said he made a deal with Israeli prime minister Benjamin Netanyahu and that Washington would no longer be providing military aid to Israel after the end of this year. Brent crude is now down 0.6% at $104.08 a barrel. MPs have called on the government to act to protect Poundland and other high street businesses from “predatory capitalism” and asset stripping as the future of the budget retailer hangs in the balance. The fate of the company, and its 12,000 staff, remains uncertain after the retailer, which is co
Brent crude slides 3% after Trump says US will stop military funding to Israel ‘by end of this year’ – as it happened
US president tells Fox News he made deal with Netanyahu ‘months ago’ Dearden responded to Snell’s question: It is deeply concerning to see the uncertainty about Poundland’s future. That’s why I, the Secretary of State and the Prime Minister, have been keeping a close eye on what is an extremely worrying situation for the staff, their families and communities up and down the country. We’ve been demanding to know what is happening, particularly for Gordon Brothers to explain why they haven’t accepted any offer to keep the company going. We continue to establish the facts. Continue reading...
