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Sir Keir delivered a statement to announce his planned departure from Downing Street. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s Met Office has issued a rare red warning for heat, as it forecast that temperatures could reach at least 39C later this week in southern England, breaking June records.The British weather forecaster warned of “severe and significant impacts from this heatwave”, including on public health, transport, energy and water supplies. Much of western Europe is sweltering in hot conditions, with more than half of France also under a red alert. Highs of more than 40C are expected in France on Monday,…

The U.S. on Monday authorized Iranian oil sales through August after “productive talks” between Tehran and Washington in Switzerland over the weekend, Treasury Secretary Scott Bessent said. “As part of the framework, Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil,” Bessent said in a social media post. The authorization expires on August 21 unless it is renewed. Vice President JD Vance said earlier Monday that “great progress” was made during the talks in Switzerland, despite Iran’s declaration over the weekend that it had closed the Strait of Hormuz. U.S. Central Command…

Google invests $75m in A24 studio for AI partnership Source link

SpaceX employees celebrate the market close of the SpaceX initial public offering (IPO) at the Nasdaq Marketsite on June 12, 2026, in New York City. Spencer Platt | Getty ImagesChoose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Source link

In a statement, he said: “I wish Sir Keir Starmer well as he prepares to leave office. I would like to see his successor recognising that Wales needs a new relationship with Westminster, with a focus on greater powers, fair funding and respect for the democratic mandate delivered by the people of Wales. Source link

MUNICH, GERMANY – APRIL 22: A Leopard 2 tank stands on the KNDS company grounds at the inauguration of the new assembly line for the Boxer armoured fighting vehicle at the KNDS factory on April 22, 2026 in Munich, Germany. The Bundeswehr, the German armed forces, is planning to acquire up to 3,000 Boxer vehicles in several variants as part of its modernization and expansion program. (Photo by Leonhard Simon/Getty Images)Leonhard Simon | Getty Images News | Getty ImagesFrance and Germany have agreed on a framework in which the German government will take a stake in defense manufacturer KNDS, ahead…

United Parcel Service (UPS) trucks are parked at a UPS drop yard on Oct. 28, 2025 in Vernon, California.Mario Tama | Getty ImagesUnited Parcel Service is investing $48 million in 27 temperature‑controlled facilities as the industry sees a boom in healthcare logistics, CNBC has learned exclusively.The facilities, located across the Americas, Europe and Asia, are optimized for moving around shipments that need to be kept at certain temperatures. The company said the investment will help it stay ahead of a boom in medicines and pharmaceuticals — like some GLP-1s — that have to be kept at certain temperatures by improving…

Playboy stock surges 11.5% on share buyback deal with Fortress Source link

Scottish Labour leader Anas Sarwar says he is “proud” of his work with Sir Keir Starmer after the prime minister announced he would resign. Source link