Business

Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists
Posted on Friday August 28, 2026

However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn

The US Federal Reserve is not done fighting high inflation, its chair, Kevin Warsh, said in his first major speech in the role on Friday, emphasizing that it was “the Fed’s job to deliver stable prices”.

Warsh did not indicate where the Fed will take interest rates in the coming months, despite US inflation remaining stubbornly above the central bank’s 2% target amid the war in Iran. But his speech was taken by markets as a signal that rates may rise in the coming months, a move that may put him at odds with Donald Trump, who has aggressively called for rates to be cut.

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Large fire near Wembley Stadium disrupts tube and rail services
Posted on Friday August 28, 2026

About 125 firefighters tackle blaze at Neasden waste facility as nearby Amazon warehouse is evacuated

A large fire broke out at a waste facility close to Wembley Stadium in north-west London, disrupting tube and train lines in the area.

Twenty fire engines and about 125 firefighters were sent to tackle the blaze at a mixed-waste facility on an industrial estate in Neasden, less than a mile from the venue.

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Trump announces new US oil agreement with Venezuela
Posted on Friday August 28, 2026

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.

The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with ⁠private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.

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UK urged to ban imports of Brazilian meat over health concerns
Posted on Friday August 28, 2026

Brazil has failed to prove compliance with EU rules on use of antibiotics in cattle and poultry farming

The UK’s leading farming organisations and animal health experts have called for an urgent ban on imports of Brazilian meat, in light of concerns over the safety of imports.

The National Farmers’ Union in England and its sister organisations in the devolved administrations wrote to the government on Friday warning that public health was at risk.

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Opinion













Technology

What could Meta’s US settlement mean around the world – and what now for other claims against firm?
Posted on Friday August 28, 2026

Other governments could seek similar concessions, while separate legal action is pending in places ranging from Kenya to the Netherlands

In October 2021, Abrham Meareg’s father, a professor of chemistry in Ethiopia’s northern town of Bahir Dar, was shot at close range and died outside his family home. This was in the middle of the country’s civil war.

For weeks, Facebook’s algorithm had actively promoted posts calling for the academic to be murdered, according to Meareg and Foxglove, a nonprofit organisation supporting Meareg’s lawsuit against the company in Kenya. These posts included photos of his father and his home address.

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Pentagon’s blacklisting of Anthropic was unlawful, US judge rules
Posted on Friday August 28, 2026

Anthropic ​argued designation as ‘supply-chain risk’ could cost billions ‌in lost business ‌and reputational harm

A US judge ruled on Thursday that the Trump administration broke the law when it designated Anthropic as a supply chain risk earlier this year, finding that the government had unlawfully targeted the AI firm for refusing to comply with defense department demands.

“The empty invocation of national security is not a blank check to punish and retaliate against government critics,” Judge Rita Lin said in a 59-page decision.

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Sport

Cherki and Haaland double up in Manchester City cruise at Crystal Palace
Posted on Friday August 28, 2026

All who attend the Rayan Cherki show know the ticket comes with a guarantee of entertainment. Enzo Maresca, a manager famed for his obsessive positional control, does not need to put limits on the Manchester City wizard. Cherki has to feel free and he was at his creative best against Crystal Palace, who were in this game before City’s creative heartbeat took it away from them in the second half.

It has been a fine start to the former Lyon player’s second year in England. Cherki was inspired against Bournemouth last week, coming off the bench to spark City’s fightback from 1-0 down with two assists, and this was better. The Frenchman scored twice and the first, a little prod with the outside of his left foot after a mazy run, left you wondering if you have seen something like it before.

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Archer illuminates fading summer as Pakistan’s marzipan men melt away | Barney Ronay
Posted on Friday August 28, 2026

The tourists offered little but Jofra again invited us to marvel at what he is and mourn what could have been

At almost exactly 4.19pm on the second day of the second Test something almost happened. The sun, only ever grudgingly present, appeared just enough overhead to offer a lime green sheen to the late-season outfield, as weathered as an antique heirloom carpet.

Pakistan had gradually slumped under the table between lunch and tea at Lord’s. They were lolling at 110 for nine, product of 37 overs of almost entirely anonymous batting. This is an unusual Pakistan, if only in their absolute and unyielding ordinariness. The classic Pakistan Test team are an uneasy balance of stars, perhaps a little overwhelmed by their own weapons: speed, seam, spin, luminous top-order batting, all mixed in with the ballast of some unspectacular other guys.

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