Business
Stocks rise and oil dips on hopes of 15-point Iran peace plan
Posted on Wednesday March 25, 2026
Markets in Asia, Europe and US move higher after Iran says it will permit ‘non-hostile’ ships through strait of HormuzBusiness live – latest updatesThe price of oil has dipped and stock markets around the world have moved higher on reports that the US has sent a 15-point framework for peace to Iran, amid hopes of a ceasefire in the Middle East.Positive sentiment may also have been bolstered by reports that Iran had announced it was permitting “non-hostile” ships to pass safely through the strait of Hormuz, a move that could help to reopen the vital shipping lane. Continue reading...
Meta and YouTube designed addictive products that harmed young people, jury finds
Posted on Wednesday March 25, 2026
Six-week trial including whistleblowers and top executives at Meta and YouTube was first of its kind to go to trialSign up for the Breaking News US email to get newsletter alerts in your inboxMeta and YouTube have been found liable for negligence for deliberately designing addictive products that hooked a young user and led to her being harmed, a jury ruled on Wednesday. The tech companies have also been found liable for failure to warn. The jury awarded the plaintiffs in the case compensatory damages of $3m.It took nearly nine days of deliberations for the Los Angeles jury to reach its verdict. Jurors also awarded punitive damages, which will be decided during the next phase of the trial. Continue reading...
Crispin Odey tried to ‘manipulate’ sexual assault victim, FCA tells court
Posted on Wednesday March 25, 2026
Former hedge fund manager warned ex-employee he had groped that Financial Conduct Authority may question herThe financial watchdog has accused the former hedge fund manager Crispin Odey of attempting to “manipulate” a victim of sexual assault into silence.Odey texted his former employee, whose breasts he had groped, a warning in 2022 that the Financial Conduct Authority could question her about him. Continue reading...