Wednesday, September 4

Wednesday, September 4

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US oil refineries race against dwindling supply

Tesla reported its first cash burn in more than two years in the second quarter, and US oil refineries are running at full tilt as wars in the Middle East and Ukraine choke global supplies of fuels such as diesel. Plus, the UK consumer price index dropped in June, and Deutsche Ba ...  Show more

The US has $13bn in Venezuelan oil money. Where is it?

Ukraine has a new commander-in-chief after days of protests, and FT calculations show the US has collected more than $13bn in revenues from Venezuelan oil sales this year, but it's unclear what has happened to the money, and US President Donald Trump may unleash fresh tariffs on ...  Show more

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Tory tribes go back to war
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Boris Johnson found himself in another parliamentary stand-off over Brexit legislation this week, and eventually found a compromise with rebellious Conservative MPs. Why is the prime minister struggling with his party and is he becoming a diminished figure in Westminster? Plus ...

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After the party, the hangover: Boris survives, barely
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Boris Johnson, Britain’s prime minister, narrowly survived a no-confidence vote last night. As he limps on, the informal contest t ...  Show more

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Labour wins UK general election
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British Prime Minister Rishi Sunak concedes defeat in the general election. Israel's spy chief is reportedly traveling to Qatar to resume ceasefire talks on the Gaza conflict. U.S. President Joe Biden faces growing pressure from within his own party as he refuses to quit the race ...  Show more