Saudi Aramco to restore 70% of oil exports ‘within days’ via Red Sea pipeline - business live

Saudi Arabia’s state-owned oil company has said it will be able to export about 70% of its normal crude shipments within days.Amin Nasser, the chief executive of Saudi Aramco, said in an earnings call that the company was working to boost exports at its port in the Red Sea, which will allow about 5m barrels a day to reach the global market without going through the strait of Hormuz.He said:double quotation markImmediately as the ports were starting to close, we ramped up production through the East-West Pipeline, which has a capacity up to 7 million barrels a day, most of it for export.Approximately 2 million barrels of that will be utilised supplying existing refineries in the western regions, which also export some of the products to the global market. We are ramping up

VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales

Europe’s largest automaker, Volkswagen, is to shed 50,000 jobs by the end of the decade, as it faces falling sales in China and North America and punitive US tariffs imposed by Donald Trump.The 10-brand group, whose luxury subsidiaries Porsche and Audi are also under pressure, said the jobs would go in Germany, affecting the entire group, as part of a restructuring drive in light of the darkening global business climate.The group had already struck a deal with German trade unions at the end of 2024 to slash 35,000 jobs by 2030, in part by natural attrition through retirement and other staff departures.Volkswagen revealed the updated plans as it announced a 54% drop in pre-tax profits. The group has been scaling back its targets for electric vehicle (EV) production in recent months, including at its Italian supercar manufacturer, Lamborghini

Fifty years of sexing up tech: Apple’s epic hits – and misses

Remember the iPod? How about the Pippin? In the half-century since it launched its first PC, Apple has given us some amazing innovations. We round up its biggest triumphs and flopsThe Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more.Fifty years after Steve Jobs, Steve Wozniak and Ronald Wayne founded the company in Jobs’ parents’ garage in Los Altos, California, Apple has become a behemoth, and billions of us use its products every day

Thousands of authors publish ‘empty’ book in protest over AI using their work

Thousands of authors including Kazuo Ishiguro, Philippa Gregory and Richard Osman have published an “empty” book to protest against AI firms using their work without permission.About 10,000 writers have contributed to Don’t Steal This Book, in which the only content is a list of their names. Copies of the work are being distributed to attenders at the London book fair on Tuesday, a week before the UK government is due to issue an assessment on the economic cost of proposed changes in copyright law.By 18 March ministers must deliver an economic impact assessment as well as a progress update on a consultation about the legal overhaul, against a backdrop of anger among creative professionals about how their work is being used by AI firms.The organiser of the book, Ed Newton-Rex, a composer and campaigner for protecting artists’ copyright, said the AI industry was “built on stolen work … taken without permission or payment”

NFL free agency winners and losers: Ravens shine and what were the Jets thinking (again)?

As the new league year gets underway, we take a look at the best and worst moves heading into the 2026 seasonLos Angeles RamsThe Rams acted as contenders should. They know they’re operating on a different timeline, with Matthew Stafford’s retirement looming – if not at the end of 2027, then likely in 2028.They spent free agency pushing their chips into the middle, acquiring All-Pro cornerback Trent McDuffie from the Chiefs for a first-round pick this year, a third-round pick in 2027 and a couple of late-round picks, before signing him to a four-year, $124m extension. Not done there, they added another Chiefs corner, Jaylen Watson, on a three-year, $51m deal.With two moves, the Rams remade their secondary, one of their few weaknesses

Cheltenham festival 2026: news, previews, tips and more on Champion Hurdle day – live

In the long-forgotten time, about 30 years or so ago, when the Cheltenham festival was a three-day get‑together for country types, no one gave much thought to attendance figures, the price of beer or maximising the customer experience. It was a coming together of the National Hunt clans, much anticipated and hugely enjoyed but not, in the grand scheme, an event with a story to tell about the overall health of the sport.But not any more. The state of the Cheltenham festival is a key indicator of the state of the racing nation as a whole, and perhaps more so than ever this year, as the sport heads to Gloucestershire rudderless after Charles Allen, who took over as chair of the British Horseracing Authority just six months ago, turned out to be a temporary hire. There is even talk of a schism in the dysfunctional racing family as the showpiece tracks, and that includes Cheltenham, demand change “to ensure that significant views from key racecourses can influence outcomes”