Saudi Arabia cuts oil output to lowest this year on Houthi threats
Rebels announced ‘maritime embargo’ against kingdom’s exports in July, forcing world’s biggest exporter to cut production
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Latham & Watkins buys Nvidia servers to set up in-house AI systems
Law firm is customising open-weight models as alternative to OpenAI and Anthropic
Trump promises $5,000 ‘dividend’ for US voters if Republicans win midterms
President puts himself at centre of congressional election campaign despite his plummeting approval ratings
IMF ditched top candidate for chief economist job over Trump tariff remarks
LSE professor Ricardo Reis had said the US president’s trade war would hurt American consumers
Starbucks bets $1bn on coffee house antidote to lonely digital lives
Easy chairs and rugs are part of chief executive Brian Niccol’s plan to make shops more inviting and boost sales
Silicon Valley bets on the impossible again
Tech investors are rediscovering the kind of long-shot sci-fi bets that helped build Silicon Valley