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Morrisons' workforce fell 4,912 to 96,232, with stores accounting for 4,200 cuts. Revenue rose 3.2% to £15.8bn, and cost savings hit £845m.

UK office construction output fell to £10.2bn in 2025. New contracts worth £2.7bn in 2026's first five months, down from £3.9bn. Prime rents passed £100/sq ft in the City, Grade A vacancy at 2.2%. Supply squeeze persists, Barbour ABI says.

Kraken's parent Payward is using Anthropic's Claude Mythos 5 AI to scan for software vulnerabilities, after a U.S. government clearance. The earlier version found 10,000+ critical flaws.

Delhi ITAT ruled that a life insurance payout from a foreign insurer is not undisclosed foreign income under the Black Money Act if the policy was bought while the taxpayer was a non-resident.

Ibadan hosts 120 youths at annual BetterME Tournament, a personal development and peacebuilding competition sponsored by Polaris Bank, MTN, and security agencies.

Brent crude above $91 after US-Iran pact expires. Global yields surge, 30-year Treasury hits 2007 level. China data weakens, equities mixed. NOK gains on oil and lower Fed rate-hike expectations.

Raghuram Rajan argues AI displacement will be gradual but firms must retrain workers. He proposes a tax on AI tokens and training credits to ease the transition.

Gold prices in India rose ₹20-21 per gram on August 18. Delhi quoted the highest 22-carat rate at ₹14,390 per gram. Check city-wise rates for 22K and 24K gold.

Bodycare's Derby Studio Store opens Aug 22 with a free Creator Studio. The retailer plans 15 such stores by 2026 and 150 UK locations in five years.

Edward Zimbardi faces wire fraud charges after alleged $165M crypto Ponzi scheme promised 25% monthly returns; deported from Fiji to US. Commentary from Chris Skinner explains why crypto enables such fraud.

Strait of Hormuz vessel crossings drop to 6 as Iran adopts active defensive posture. EIA sees 600,000 bpd loss. US gas storage 5% above 5-year average. Natural gas holds below $2.73.

The Treasury published its GENIUS Act draft rules Aug. 17, but a 60-day comment period and political deadlock leave the Jan. 2027 effective date in doubt.