Gold rises as markets await US tariffs; Heathrow airport was warned about power supply in days before closure – as it happened
The sell-off in European stock markets has gathered pace, and pharmaceutical stocks are among the biggest fallers ahead of Donald Trump’s tariff announcement later today.The Stoxx 600 healthcare index fell as much as 2.5% to its lowest level since December.Analysts said US tariffs this time round could focus on the pharmaceutical sector.Germany’s Bayer and France’s Sanofi dropped by 4
You never know what you’re gonna get: Australians will have to wait until after the election to see if there’s an interest rate cut | Greg Jericho
“Life is like a box of chocolates,” said Forrest Gump, who had clearly never looked at the label descriptions on the box. “You never know what you’re gonna get.” And so it was for the RBA on Tuesday when they announced that it was keeping the cash rate steady at 4.1%.Not the actual decision – we all knew they were not going to cut rates
Roblox gives parents more power over children’s activity on gaming platform
Parents can now block their children from communicating with specific friends or playing certain games on Roblox, an online gaming platform popular with children.The changes form part of a suite of safety updates intended to give parents more control over their child’s experience on the platform.From Wednesday, parents and caregivers who identify themselves with an ID or credit card will have access to three new tools. The friend management tool means they can block anyone on their child’s friends list, preventing their child from exchanging direct messages with that account, and report people they believe are violating Roblox policies.They can also review and change the content maturity level for their child’s account, determining which games their child can access, and obtain detailed screen-time insights
UK needs to relax AI laws or risk transatlantic ties, thinktank warns
Tony Blair’s thinktank has urged the UK to relax copyright laws in order to let artificial intelligence firms build new products, as it warned a tougher approach could strain the transatlantic relationship.The Tony Blair Institute said enforcing firm copyright measures would strain ties with the US, which is poised to announce tariffs on UK goods on Wednesday.Warning that geopolitical considerations require “urgent and adequate attention” while AI policy is being drafted, TBI said: “Without similar provisions in the United States, it would be hard for the UK government to enforce strict copyright laws without straining the transatlantic relationship it has so far sought to nurture.”The thinktank has said that if the UK went down the route of demanding licensing of all UK content used in AI models, it would simply push that development work to other territories where there are less strict copyright laws. To enforce a strict licensing model, the UK would also need to restrict access to models that have been trained on such content, which could include US-owned AI systems
Charlotte Edwards to make England players ‘accountable for their fitness’
Charlotte Edwards has promised to make England’s players “more accountable for their fitness” as she seeks to improve the team’s fortunes after her appointment as women’s head coach.The 45-year-old insisted that despite England women’s recent troubles against Australia they were capable of winning this year’s 50-over World Cup in India, saying she was “really confident we can turn things around very quickly”. Jon Lewis was sacked as coach last month after a miserable winter in which group-stage elimination at the T20 World Cup was followed by a 16-0 rout in the Ashes.Clare Connor, the England and Wales Cricket Board’s managing director of England women, led a “very thorough, comprehensive and honest” review of that series which “told us that we did need a significant reset in terms of leadership and the environment”.The ECB chose to abandon its normal open recruitment process once it became clear that Edwards, who since retiring as a player had enjoyed success as a coach with Hampshire, Mumbai Indians and Sydney Sixers, would accept the job
Lions set to face Japan-based All Blacks in Anzac clash but Folau’s hopes over
The British & Irish Lions are set to face a number of former All Blacks with Rugby Australia’s chief executive, Phil Waugh, confident players based in Japan can be recruited for the Anzac fixture in July. Waugh also confirmed that players who have represented Australia and New Zealand but subsequently switched nationality will not be considered, ending Israel Folau’s hopes of appearing in another Lions series and ruling out Charles Piutau.The Lions will lock horns with an invitational Australia and New Zealand side for the first time since 1989. When the fixture was announced in 2023, the then Australia head coach, Eddie Jones, turned his nose up, saying: “I don’t want to be involved with the Kiwis.” With the former All Blacks head coach Ian Foster leading the combined side, Waugh believes the fixture in Adelaide will have star appeal
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