Train passengers are facing the loss of Wi-Fi access after the government told rail companies to stop providing the service unless they can prove their business case.
","elementId":"ef55e544-33b5-42ad-b886-429f70a6e3eb"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The measure is being promoted by the Department ofTransport(DfT) in order to reduce costs, as it seeks to "reform all aspects of the railway".
","elementId":"cf47f149-dede-43ca-8e8f-cf168781a773"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Most British train services now provide free Wi-Fi as standard, but DfT have told their contract operators in England that they should stop offering it if they cannot financially justify it.
","elementId":"0fc2fad8-5965-4ecd-8dd5-ba0c2ee82b36"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The department said it was looking for "value for money" and that Wi-Fi was a low priority for passengers, particularly on shorter trips.
","elementId":"9b755964-6174-4ecf-9417-5286acdf36f4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Furtherhere.
","elementId":"0fa43ffb-c4f6-4a88-a1b2-9c5b9e42b0dc"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/business /2023/may/22/rail-passengers-in-england-could-lose-wifi-access-amid-cost-cuts","text":"Train passengers in England could lose wifi access amid the cost cuts","prefix ":"Related: ","role":"thumbnail","elementId":"41ad9eb0-cb0f-4cf7-a317-d7663ad9769b"}],"attributes":{"fixed":false ,"keyEvent":true, "summary":false},"blockCreatedOn":1684766425000,"blockCreatedOnDisplay":"10.40EDT","blockLastUpdated":1684766450000,"blockLastUpdatedDisplay":"10.40EDT","blockFirstPublished" :1684766450000, "blockFirstPublishedDisplay":"10.40ED T ","blockFirstPublishedDisplayNoTimezone":"10.40","title":"Train passengers in England could lose Wi-Fi access amid cost cuts","contributors":[{" name":"Gwyn Topham","imageUrl":"https://i.guim.co.uk/img/uploads/2018/02/22/Gwyn-Topham.jpg?width=300&quality=85&auto=format&fit=max&s =0b1a9323a4310db8aceb8f4bf3b5fcfa","largeImageUrl":"https://i. guim.co.uk/img/uploads/2018/02/22/Gwyn_Topham,_L.png?width=300&quality=85&auto=format&fit=max&s=a6e7a42588f25a2b91e2c83b9dbd9edc"}],"primaryDateLine":"Mon 22 May 2 023 10:41 EDT ", "secondaryDateLine":"First published on Monday May 22, 2023 at 02:33 EDT"},{"id":"646b6ec08f08505a51c5cc0d","elements":[{"_type":"model.dotcomrendering .pageElements.TextBlockElement","html": "Ding ding ding the Wall Street opening bell rings and Micron shares drop.
","elementId":"4a682470-c529-4c90-b010-e3c1cd48a0d7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Micron shares were down 4.5% at the start of trading, losing around $3 to $65.
","elementId":"e37c3746-c9ae-4cb3-846d-35de53f55fb4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"they are the biggestdrop in the S&P 500outdoor
","elementId":"127ad9de-abcb-465d-8e64-3a8dd244141a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Traders are trying to judge the financial impact of China's ban on Micron's use in key infrastructure projects, with CFO Mark Murphyforetellinga single-digit percentage on today's revenue.
","elementId":"a903ec05-8ed3-4617-8594-de47ebcf7e7d"}],"attributes":{"set":false,"keyEvent":true,"summary":false},"blockCreatedOn":1684762304000, "blockCreatedOnDisplay":"09.31EDT","blockLastUpdated":1684762607000,"blockLastUpdatedDisplay":"09.36EDT","blockFirstPublished":1684762607000,"blockFirstPublishedDisplay":"09.36EDT","blockFirstPubli shedDisplayNoTimezone":"09.36","title" :"Micron shares slide on open","contributors":[],"primaryDateLine":"Monday, May 22, 2023 at 10:41AM EDT","secondaryDateLine":"First published on Monday the 22nd May 2023 02:33 EDT"},{"id ":"646b6d848f08820288726a50","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Micron's chief financial officer, Mark Murphy, told a conference today that the company was unclear what concerns China had, after Beijing banned Micron's products on key infrastructure projects due to security risks.
","elementId":"1864f482-52ee-4ec6-bbe2-173d18dc9d1a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Reuters has the details:
","elementId":"19c61d28-50bf-4ed6-9b09-9d5e1dc9bed6"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"7e643eff-2be1-4f25-84b9-1251afb00cff"}],"attributes":{"set":false,"keyEvent":true,"summary":false},"blockCreatedOn":1684761988000, "blockCreatedOnDisplay":"09.26EDT","blockLastUpdated":1684762067000,"blockLastUpdatedDisplay":"09.27EDT","blockFirstPublished":1684762067000,"blockFirstPublishedDisplay":"09.27EDT","blockFirstPubli shedDisplayNoTimezone":"09.27","title" :"Micron expects lost sales after China flags 'network security risks'","contributors":[],"primaryDateLine":"Mon, May 22, 2023 10:41AM EDT", "secondaryDateLine":"First published on Monday, May 22, 2023 at 02:33 EDT"},{"id":"646b51408f08bd2efcb13ded","elements":[{"_type":"model.dotcomrendering. pageElements.TextBlockElement","html":"It said Micron's direct and indirect sales to China-based companies accounted for about a quarter of its total revenue.
\norte“We are currently estimating a range of impact on the low single-digit percentage of our company's total revenue on the low end and a high single-digit percentage of our company's total revenue on the high end,” he said.
\norte
Facebook owner Meta has been fined a record €1.2bn (£1bn) and ordered to halt the transfer of user data from the EU to the US.
","elementId":"1c34078e-9e68-4b2a-9b75-46eefe50a71a"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The fine imposed by the Irish Data Protection Commission (DPC), which regulates Meta across the EU, is a record for a violation of the bloc's General Data Protection Regulation (GDPR).
","elementId":"6cf8fcfa-66c9-4d71-9881-4c2b299148d0"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The suspension of Facebook data transfers is not immediate and Meta has five months to enact it.
","elementId":"06b920ac-f7ea-4b8d-b363-3eaec9e5c6ce"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The DPC punishment relates to a legal challenge filed by an Austrian privacy activist, Max Schrems, over concerns stemming from Edward Snowden's revelations that European user data is insufficiently protected from US intelligence agencies. when transferred across the Atlantic.
","elementId":"a1a2bba3-73a9-4727-b52b-bacdb327188b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The ruling does not affect data transfers on the other main Meta platforms, Instagram and WhatsApp.
","elementId":"53424f12-16dd-4531-b284-0cafcfe24953"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Furtherhere.
","elementId":"2c4a3284-897f-4cdc-8bbd-0397d1bde29f"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/technology /2023/may/22/facebook-fined-mishandling-user-information-ireland-eu-meta","text":"Meta, owner of Facebook, fined €1.2bn for mishandling user information" ,"prefix":"Related: " ,"role":"thumbnail","elementId":"7dcc9c02-002c-47e7-812c-3d7bda19c336"}],"attributes":{"set":false,"keyEvent" :true,"summary":false} ,"blockCreatedOn":1684754752000,"blockCreatedOnDisplay":"07.25EDT","blockLastUpdated":1684754820000,"blockLastUpdatedDisplay":"07.27EDT","blockFirstPublished":16847 54820000,"blockFirstPublishedDisplay": "07.27EDT","blockFirstPublishedDis playNoTimezone": "07.27","title":"Full story: Facebook owner Meta fined €1.2bn for mishandling user data","contributors":[ {"name":"Dan Milmo","imageUrl":"https://i .guim.co.uk/img/uploads/2022/08/09/Dan_Milmo.jpg?width=300&quality=85&auto=format&fit=max&s =d930eec555a9d63be6ed1a312ca4e1d0","largeImageUrl":"https://i.guim.co.uk /img/uploads/2022/08/09/dan_milmo,_r.png?width=300&QUALTY=85&AUTO=FORFORMAT=MAX&S=9DF7FAF39F71B4987CC BBBBBBBB1B6B1B1S Eline " :"First posted 02:33AM EDT Monday, May 22, 2023"},{"id":"646b45b78f08bd2efcb13d61","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement" ,"html":"More travel news: Heathrow Airport has pledged that next week's security staff strike will not lead to flight cancellations during peak season.
","elementId":"55433c61-ce4e-4aa2-8bf7-da50a4fb2942"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Unite union members working in Terminal 5leave May 25-27 in an ongoing dispute over payment.
","elementId":"46bf3843-a10b-4d7e-9353-514f5e521194"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"But Heathrow has insisted that passengers will have a smooth journey through Heathrow during the mid-term break.
","elementId":"4786be6b-c063-4519-86b0-76884c34bb99"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Britain's biggest airport said its contingency plans, which include the deployment of additional staff, have provided "excellent service to passengers" during previous strike periods, with "almost all" travelers waiting for less than 10 minutes. to go through security.
","elementId":"104f0d3f-d858-4a39-b455-609963500bf4"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Heathrow chief executive John Holland-Kaye said:
","elementId":"b79f3eed-d34a-40c0-a639-529f51b7c913"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"bc8239be-f6e0-418a-8715-eeba750eebd7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"“Riders need not worry about Unite's strike action during the midterm break. The 15-day strike at peak Easter and Coronation weekends have had no impact on the smooth running of the airport, and passengers have not noticed any difference from the normal great service they expect at Heathrow."
\norte
“These strikes are completely unnecessary. When I talk to colleagues, the overwhelming message is that they just want to vote on our paid offer, but Unite won't let them. We made a generous 10% offer early on, to make sure colleagues got a substantial raise when they needed it most. Unite's delays mean that non-union colleagues, as well as most union-affiliated colleagues, who voted to accept our earlier offer, are losing.”
A year ago, Heathrow was hit by the disruption, with passengers suffering long queues and last-minute cancellations.attributed to staff shortages.
","elementId":"dbd71709-6694-4028-80d1-d089d0400db8"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/uk -news/2022/jun/30/heathrow-passengers-flights-cancelled-airlines","text":"Ministers unveil plan to tackle airport crisis after new Heathrow disruption","prefix":" Related: ","role" :"thumbnail","elementId":"b6461aef-023f-4c81-9c26-7562d020dd5a"}],"attributes":{"set":false,"keyEvent":true,"summary" :false},"blockCreatedOn" :1684751799000,"blockCreatedOnDisplay":"06.36EDT","blockLastUpdated":1684752216000,"blockLastUpdatedDisplay":"06.43EDT","blockFirstPublished":1684752216000," blockFirstPublishedDisplay":"06.43EDT"," blockFirstPublishedDisplayNoTimezone": "06.43", "title":"Heathrow: Passengers 'shouldn't worry' about mid-term strike","contributors":[],"primaryDateLine":"Monday 22 May 2023 10 :41 EDT","secondaryDateLine":"First published on Monday May 22 2023 02:33 EDT"},{"id":"646b33038f0882028872676d","elements":[{"_type":"model.dotcomrendering. pageElements.TextBlockElement","html":"Meta has been hit with a record fine by regulators for mishandling user information.
","elementId":"9ade25dc-e3a5-4a78-8ea2-17e9fc9f4515"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Meta, the parent of Facebook, has been fined a record 1.2 billion euros (1.05 billion pounds sterling) by Ireland.Data Protection Commissionfollowing a query.
","elementId":"195eb2cb-fd8b-4b3c-ba34-77dc15632b6b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"This surpasses the previous record of 746 million euros imposed on Amazon by Luxembourg in 2021.
","elementId":"b2595b47-e597-4784-8b09-aad59576c766"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Metaa must also stop any future transfer of personal data to the US within five months.
","elementId":"caa56b4b-d123-4230-8694-4c9a9aeceec3"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The DPC ruled that Facebook had violated its rules that require platforms to ensure that data transfers from Europe to the US have adequate safeguards.
","elementId":"bd04abf7-677d-47b6-bedb-e5f982d3de4d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"In today's sentence he says:
","elementId":"f412018c-b381-47f0-9ac9-90916c65511c"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"b3779fbe-e9ba-4ca0-84f7-ec3951f799dd"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"While Meta Ireland made those transfers on the basis of the updated Standard Contractual Clauses ("SCCs") that were adopted by the European Commission in 2021 along with additional accompanying measures that Meta Ireland put in place, the DPC found that these arrangements did not address the risks for the rights and fundamental freedoms of the interested parties identified by the CJEU in its judgment.
\norte
","url":"https://twitter.com/SkyNews/status/1660575235538550785","id":"1660575235538550785","hasMedia":false,"role":"inline","isThirdPartyTracking":false, "fuente":"Twitter","elementId":"09e3d1ee-a985-449a-a8f3-401d7cecff2c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Meta has been fined for transferring data from European Facebook users to American servers.@matthompsonsays record $1.3bn fine shows how seriously European regulators take GDPR breacheshttps://t.co/QZvC4I9blV
- Sky News (@SkyNews)May 22, 2023
📺 Sky 501 y Youtubepic.twitter.com/bu1RYbeGsz
The ruling relates to a legal challenge brought by an Austrian privacy advocate, Max Schrems, over concerns stemming from Edward Snowden's revelations that European user data is not sufficiently protected from US intelligence agencies when it is used. transferred to the other side of the Atlantic.
","elementId":"ddcdea69-d909-4774-9d09-7b32783bb609"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"My colleague Dan Milmo explained the background to the case.here:
","elementId":"98299265-0290-47c8-a67c-a285f51e7a8e"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/technology /2023/may/21/facebook-to-be-multed-648m-for-mishandling-user-information","text":"Facebook to be fined £648m for mishandling user information","prefix" :"Related: ","role":"thumbnail","elementId":"b074b4c3-cac6-4bd3-8935-8965c80fdb17"}],"attributes":{"set":false,"keyEvent":true," summary":false },"blockCreatedOn":1684747011000,"blockCreatedOnDisplay":"05.16EDT","blockLastUpdated":1684748567000,"blockLastUpdatedDisplay":"05.42EDT","blockFirstPublished":168474856800 0,"blockFirstPublishedDisplay":"05.42EDT" ,"blockFirstPublished DisplayNoTimezone" :"05.42","title":"Facebook owner Meta hits record £1bn fine for EU-US data transfers","contributors" :[],"primaryDateLine":"Monday, May 22, 2023 10:41AM EDT","secondaryDateLine" :"First published on Monday, May 22, 2023 02:33AM EDT"},{ "id":"646b2b618f088021e118d36a","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Median home price hit an all-time high in May as activity picked up across the housing market.
","elementId":"94541e27-1ad5-44d3-b222-7b49f4d59dc3"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Median sales price increased £6,647 or 1.8% per month, new data from Rightmove shows, bringing the median sales price for a home coming on the market to £372,894.
","elementId":"03c415fd-f3a9-4d05-8e1c-b251ce750a0b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"This is the largest monthly increase for 2023 thus far, and is above the 1% increase typically seen during May.
","elementId":"036e0a67-f78f-4f7f-b742-3021a16c6640"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Rightmove reports that sellers were cautious earlier this year, following the mini-budget fallout. But with buyer demand 3% higher than in 2019, sales prices are rising.
","elementId":"7501f9f4-5f19-4a89-8120-3b3b17cd2023"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"\n","url":"https://twitter.com/emmafildes/status/1660526628470915073","id":"1660526628470915073","hasMedia":false,"role":"inline","isThirdPartyTracking": false,"source":"Twitter","elementId":"b1fa4b44-8cda-4327-87d1-9196a1d96687"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Spring gets late growth as buyer interest in first and second steps increases; resulting in AVG ASKING prices posting a 1.8% monthly increase (+£6,647) in May, to reach a new record of £372,894. While those on the bottom rung lose sight of reality and buyers@rightmove pic.twitter.com/dAXC5Xlu84
—Emma Fildes (@emmafildes)May 22, 2023
This does not mean that the houses aresalehowever, for record levels. Official data shows February house prices were £5,000 below the recent peak in November 2022, while Nationwide reports thatprices rose in April after seven months of falls.
Higher mortgage rates, after 12 consecutive interest rate hikes, mean borrowing to buy a new home is significantly more expensive than it was in 2021.
","elementId":"84fa8672-7af9-45e9-8471-201027d36d1f"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/business /2023/may/13/sky-high interest rates will cost UK mortgage holders £12bn in extra payments","text":"Sky-high interest rates will cost UK mortgage holders £12bn sterling in additional payments ","prefix":"Related: ","role":"thumbnail","elementId":"692b4a97-ddf3-40ac-8b12-f7f3eee3950f"},{"_type":"model.dotcomrendering .pageElements.TextBlockElement" ,"html":"Tim Bannister, the RightmoveDirector of Property Sciences, says:
","elementId":"d639129e-e64e-402d-8d8c-aa0642379c5d"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"d6d31c9f-46fe-4d41-a5c2-bb43be295c3d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"“This month's sharp increase in new seller asking prices seems like a late reaction and a sign of increased seller confidence, as we typically see such a large monthly increase early in the spring season. One reason for this surge in confidence may be that the gloomy early-year predictions for the market are looking increasingly unlikely.
\norteWhat is much more likely is that the market will continue to transition to a more normal level of activity this year after the exceptional activity of the pandemic years. Stable mortgage rates and a generally more positive outlook for the economy are also contributing to increased seller confidence, though more twists and turns are likely to come.
\norteThe market remains very price sensitive and it is important that new sellers do not hurt their sales prospects by initially overselling and then underselling, with agents reporting that it is the realistically priced new instructions that sell the best.”
\norte
Rightmove reports that demand is being driven by the first-time and second-time buyer sectors, while homes at the top of the market take longer to sell:
","elementId":"a6e993d9-937b-4816-a75d-03b5a661ce4f"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":"\n","url":"https://twitter.com/emmafildes/status/1660566139901030401","id":"1660566139901030401","hasMedia":false,"role":"inline","isThirdPartyTracking": false,"source":"Twitter","elementId":"d1f983f7-c9f5-4d6e-88b3-3c2bf640adbb"}],"attributes":{"set":false,"keyEvent":true,"summary":false },"blockCreatedOn":1684745057000,"blockCreatedOnDisplay":"04.44EDT","blockLastUpdated":1684745702000,"blockLastUpdatedDisplay":"04.55EDT","blockFirstPublished":1684745702000,"block FirstPublishedDisplay":"04.55EDT","blockFirstPublishedDisplayNoTimezone " :"04.55","title":"House sales prices rise as confidence returns to UK property market","contributors":[],"primaryDateLine":"Monday 22 May 2023 10:41AM EDT","secondaryDateLine":"First published on Monday, May 22, 2023 at 02:33AM EDT"},{"id":"646b211a8f08053fbe096672","elements":[{"_type" :"model.dotcomrendering.pageElements.TextBlockElement","html":""Buyer demand is 1% lower than in 2019 for prime properties, compared to 3% above the 2019 level in the second-step sector and 6% above in the second-step sector. first time buyers.@rightmove pic.twitter.com/4PLGxoHbHc
—Emma Fildes (@emmafildes)May 22, 2023
European stock markets have had a mixed start to trading as investors digest China's ruling that products made by US memory chip giant Micron Technology are a national security risk.
","elementId":"c068c07a-009f-4735-beb2-4cb5179be9ad"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"the United KingdomFTSE 100has gained 0.3% or 22 points to 7,779 points, but FranceCACand GermanysDAXboth are down around 0.1%, with the US debt ceiling also on traders' minds.
","elementId":"ab5c3ddc-6d59-415f-ada0-c7e7ba386760"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"saxThe strategy team told clients this morning:
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a cybersecurity review, the Cyberspace Administration of China has ordered Chinese companies that handle critical information to stop buying chips from US-based Micron Technology.
\norteThe review said Micron's chips posed "relatively serious cybersecurity issues" that could "seriously jeopardize China's critical information infrastructure supply chain." The move was widely seen as a retaliation against recent US restrictions on the export of high-end chips and chip-making equipment to China.
\norteA spokesman for the US Commerce Department said the move "has no basis in fact." Exposure to mainland China and Hong Kong revenue is around 15% of Micron Technology's total revenue.
\norte
The price of wheat has fallen to its lowest level in more than two years, which may bring some relief to struggling households around the world.
","elementId":"b8ee2f06-1cf0-4597-a05b-e45475926113"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Chicago wheat futures fell below $6 a bushel, the lowest level since April 2021. They were pushed lower by expectations for ample global supplies after the deal to ship Ukrainian grain was extended next week. pass.
","elementId":"bddd3081-bd9b-4703-9d45-9eae85f2ba7d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"A Singapore-based grain trader told Reuters:
","elementId":"5aa7f487-da38-4b9a-ba5a-6aff57ed52fd"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"b4760b1a-12c9-41a8-804b-aa338e871a81"},{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":""The world wheat market appears to be well supplied, although there are some concerns surrounding the US winter crop."
\norte
\n","url":"https://twitter.com/WBPubs/status/1660534755106992128","id":"1660534755106992128","hasMedia":false,"role":"inline","isThirdPartyTracking": false,"source":"Twitter","elementId":"2a26776d-555b-4682-839a-946fcf66a58e"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Compared to January 2021, corn prices are 13% higher, while wheat and rice prices are 6% and 4% lower, respectively.
— World Bank Publications (@WBPubs)May 22, 2023
More information on food products in our latest update on food safety:https://t.co/zXqPUCHt6v pic.twitter.com/iswXGCragc
The most active wheat contract on the Chicago Stock Exchange fell more than 1% this morning to $5.98 a bushel, the lowest since April 2021.
","elementId":"4875ba23-21cb-4d61-b37d-f062cf9cf3fb"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Last week, Ukraine's Black Sea grain deal wasextended for two more months, easing concerns about global supplies.
","elementId":"2bd4f602-d5ea-4b3e-8a2c-4d63cfdd6164"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Concerns over the ongoing US debt ceiling talks have also weighed on agricultural markets, on fears the US could default if the limit is not raised soon.
","elementId":"e20c071b-cf6e-4dab-b587-291c43f7a75c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"US President Joe Biden and the Republican Speaker of the HouseKevin McCarthyThey are expected to discuss the issue later today, after making a "productive" phone call on the continued stalemate over the debt ceiling on Sunday.
","elementId":"41b5ae3a-a46e-4e25-b430-8850a0c55e03"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/business /2023/may/22/us-debt-peiling-talks-productive-as-biden-and-mccarthy-to-mee-day-dead-dead-dead-dead-deadline","text":"The ceiling of US debt talks 'productive' as Biden and McCarthy to meet 10 days from deadline","prefix":"Related: ","role":"thumbnail","elementId":"549635ea-28f1 -4f29-8668-4a12606f9205"}],"attributes" :{"set":false,"keyEvent":true,"summary":false},"blockCreatedOn":1684741145000,"blockCreatedOnDisplay":"03.39EDT"," blockLastUpdated":1684741974000,"blockLastUpdatedDisplay":"03.52EDT" ,"blockFirstPublished":1684741974000,"blockFirstPublishedDisplay":"03.52EDT","blockFirstPublishedDisplayNoTimezone":"03.52"," title":"The price of wheat reaches the minimum of two years","contributors":[],"primaryDateLine":" Mon May 22 2023 10:41 EDT","secondaryDateLine":"First published on Mon May 22 2023 02:33 EDT"},{"id ":"646b18e48f08053fbe09663a","elements":[{"_type":"model.dotcomrendering.pageElements .TextBlockElement","html":"Ryanair rallied to a near-record profit of €1.4bn (£1.2bn) last year and is hoping to improve on that in 2023, buoyed by a summer boom in which the low-cost carrier will carry a number passenger record.
","elementId":"5d27da2d-913d-4ab5-9cb2-91090c8920b0"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Europe's largest airline returned to profit for the year to the end of March after reportinga loss of 355 million euros in the previous year. The company, led by chief executive Michael O'Leary, said it was cautiously optimistic it will pick up profits again this year, which could see it surpass Ryanair's record 1.45 billion euros in 2018.
","elementId":"bd44c9b2-6e5c-4947-9824-c7b82390be2f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":""To date, summer 2023 demand is strong and summer 2023 peak rates are trending higher than last year."O'Learyhe said, adding:
","elementId":"e57eccfc-abf1-45c6-a00a-d96fefaa40e0"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"5dfef7b9-e7bc-4634-ae96-5c7cb9c52b47"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":""First quarter rates, which benefited from a strong Easter in April, and a comparable very weak prior year due to Russia's invasion of Ukraine, will be significantly higher than first quarter 2022-23."
\norte
The airline, which earlier this month spent$40bn (£32bn) on 300 new Boeing planesin a bet it can continue to outperform its European rivals, it carried a record 168 million passengers last year.
","elementId":"2d0aeb9a-8930-45d5-b76a-f72ee3b9bf1d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Furtherhere:
","elementId":"01e40bba-c55e-49e5-910b-91d8141599cb"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/business /2023/may/22/ryanair-profit-summer-bookings-aircraft","text":"Ryanair se recupera y alcanza un beneficio casi récord a medida que aumentan las reservas de verano","prefix":"Related: ","role":" miniatura","elementId":"02c956ce-bf58-4650-b435-02d793022e1f"}],"atributos":{"fijado":falso,"keyEvent":verdadero,"resumen":falso},"blockCreatedOn":1684740324000 ,"blockCreatedOnDisplay":"03.25EDT","blockLastUpdated":1684740809000,"blockLastUpdatedDisplay":"03.33EDT","blockFirstPublished":1684740809000,"blockFirstPublishedDisplay":"03.33EDT","blockFirstPublishedDisplayNoTimezone":"03.33","title ":"Ryanair predice un fuerte verano tras el aumento de beneficios","contributors":[{"name":"Mark Sweney","imageUrl":"https://i.guim.co.uk/img/static/sys- images/Guardian/Pix/pictures/2007/10/16/mark_sweney_140x140.jpg?width=300&quality=85&auto=format&fit=max&s=b44cb1e0f0dc4a472ded53e6488ba934"}],"primaryDateLine":"Lunes 22 de mayo de 2023 10.41 EDT","segundo aryDateLine": "Publicado por primera vez el lunes 22 de mayo de 2023 a las 02:33 EDT"},{"id":"646b165b8f088021e118d2c1","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"actions inMicron, which is listed in Frankfurt, have fallen more than 5% on "weak morning deals", Reuters reports, as traders respond toBeijing bans the use of its chips in key national industries.
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the UK, the government has cut taxpayers' stake in NatWest bank, which it bought during the financial crisis.
","elementId":"c3b70bec-f198-4a95-8a2a-2307bc5d3a3f"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"NatWest agreed to buy around 469 million shares of HM Treasury at a price of 268.4 pence per share, the price at which they closed on Friday night.
","elementId":"dcebb414-9aff-403e-8776-1c56798887ae"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"This will cost £1.3bn and will reduce the government's stake in NatWest to 38.69% from around 41% today.
","elementId":"2ef6fe4a-d2ad-45fb-8d1b-1c3dad5d8e1d"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"by NatWestCEO,alison rosasays the deal "demonstrates positive progress" on the bank's strategic priorities and the path to privatization.
","elementId":"5d7cdb96-7e6f-47ae-866d-a0e0522f1ea5"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Rosaadds:
","elementId":"7eb445d2-51cd-4049-acd8-2277ebded962"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"05add9e1-0d6f-4843-9985-4b3570182c53"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"NatWest Group's strong balance sheet and capital generation allow us to continue to lend responsibly and support clients and the communities we serve, while delivering sustainable returns to our shareholders, including government."
\norte
At its height in 2009, the UK government owned 84% of NatWest– formerly called Royal Bank of Scotland before a post-collapse rebranding.
","elementId":"36d3302d-c2ad-4615-975a-0da7d981cc00"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Victoria Scholar,investment manager atinteractive inverter, Explain:
","elementId":"255a4e22-eb8c-4fb5-9983-766ced884031"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"d69bba1f-ed92-4355-8b3c-2da63474d81f"}],"attributes":{"set":false,"keyEvent":true,"summary":false},"blockCreatedOn":1684738646000, "blockCreatedOnDisplay":"02.57EDT","blockLastUpdated":1684739229000,"blockLastUpdatedDisplay":"03.07EDT","blockFirstPublished":1684739229000,"blockFirstPublishedDisplay":"03.07EDT","blockFirstPubli shedDisplayNoTimezone":"03.07","title" :"UK government reduces stake in NatWest","contributors":[],"primaryDateLine":"Monday, May 22, 2023 at 10:41AM EDT","secondaryDateLine":"First published on Mon, May 22, 2023 at 02:33 EDT"},{"id ":"646b01448f088021e118d20f","elements":[{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html": "Last month, the government announced a two-year extension to its business plan. Treasury aims to return NatWest to private ownership by 2025-2026 while trying to "achieve the best value for the taxpayer."
\norteIn April, the government's shareholding stood at 42%, below the peak of 84%, and fell again this week.
\norteNatWest shares have struggled this year, caught up in banking turmoil with the collapse of SVB and the Credit Suisse bailout deal. However, with shares up almost 15% year-on-year through Friday's close, the government has clearly decided that now is a good time to sell some shares.
\norte
Good morning, and welcome to our ongoing coverage of business, financial markets, and the global economy.
","elementId":"5af769ae-fdfb-40ad-a5e2-52370b8c2ba5"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Tensions between Washington and Beijing are rising after China announced that products made by the US chipmakerMicron Technologyhave not passed a cyber security review.
","elementId":"00fe4ed7-df4f-4266-9abf-09eead00cb33"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The Chinese government told users of sensitive computer equipment to stop buying products fromMicron, the largest US memory chip maker.
Micron, China says, had failed a network security review announced last month, meaning operators of key infrastructure are now barred from buying from the company.
","elementId":"99be8965-9f8b-428e-b5df-92f536a89d8c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Announcing the move, theCyberspace Administration of Porcelain(ACC) said:
","elementId":"ec29c53a-4ca7-4714-9832-6f199794679f"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"ab02f394-463e-4223-8ac2-3c32bdebeacf"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The review found that Micron's products have serious network security risks, posing significant security risks to China's critical information infrastructure supply chain, affecting China's national security.
\norte
The decision could include sectors ranging from telecommunications to transportation and finance, under China's broad definition of critical information infrastructure.
","elementId":"80bab82f-41a6-41b7-ac00-5d9a371ccb3b"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Micron, which is headquartered inBoise, Idaho, manufactures products including DRAM chips, flash memory, and solid-state hard drives. through its Crucial, Ballistix Gaming and SpecTek brands.
","elementId":"141f31ef-72c7-4db5-a82e-7f0d462fa742"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The move intensifies the ongoing dispute between the United States and China over technology and security. Last November, the Biden administration barred approvals of new telecommunications equipment from China's Huawei Technologies and ZTE, saying it posed "an unacceptable risk" to US national security.
","elementId":"7845c566-978c-47bb-a1b6-f0ddb75c9770"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/world /2022/nov/26/us-bans-new-huawei-equipment-sales-over-unacceptable-risk-to-national-security","text":"United States bans sales of new Huawei equipment due to 'unacceptable risk ' for national security". security","prefix":"Related: ","role":"thumbnail","elementId":"f49e7a9e-133d-4ee0-a64e-b5d6d5bcd0de"},{"_type":" model.dotcomrendering.pageElements.TextBlockElement ","html":"A spokesperson for the US Department of Commerce criticized China's move, saying:
","elementId":"f4674a0b-e8ff-4649-abb5-0c542261e7ba"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"070ac43c-b464-4320-97c1-8c56bcdc1012"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":""We strongly oppose restrictions that have no basis in fact,"
\norte"This action, along with recent raids and attacks on other US companies, is inconsistent with [China's] claims that it is opening up its markets and committed to a transparent regulatory framework."
\norte
Shares of some rival chipmakers rose on the news (more on that shortly…).
","elementId":"6bc86913-9e74-4ad3-a8f7-032baf749ab5"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Micron's ban came as G7 leaders, who met in Hiroshima last weekend, announced they want to de-risk China, rather than disengage.
","elementId":"41671f74-f859-4264-9557-fd1fdb7a77c7"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"Joe Bidenexplained:
","elementId":"82e5482c-08da-40a6-9643-ec28a316ed68"},{"_type":"model.dotcomrendering.pageElements.BlockquoteBlockElement","html":"\norte","elementId":"3a484685-c72d-4552-8dec-7306854b60d6"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":""That means taking steps to diversify our supply chains."
\norte
Rishi AltarHe went further, saying that China poses the greatest challenge to global security and prosperity of our time.
","elementId":"9c496b81-1ca6-41cb-bd50-7480902046d3"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"The UK prime minister warned that China has the "means and the intention to reshape the world order" and that the G7 leaders have shown "unity and resolve" in dealing with the issues raised by Beijing.
","elementId":"63004b78-6ac3-4bfc-8738-d08485337ba7"},{"_type":"model.dotcomrendering.pageElements.RichLinkBlockElement","url":"https://www.theguardian.com/world /2023/may/21/china-poses-biggest-threat-to-global-security-sunak","text":"China representa la mayor amenaza para la seguridad mundial, dice Sunak","prefix":"Relacionado: ","role":"miniatura","elementId":"b2c96c05-971c-4b37-aebb-82ddfce744b4"},{"_type":"model.dotcomrendering.pageElements.SubheadingBlockElement","html":"The agenda
","elementId":"25e893bb-af07-4f69-b68e-b5c0540ce03c"},{"_type":"model.dotcomrendering.pageElements.TextBlockElement","html":"- \norte
10 am BST: Construction production in the euro zone for March
\norte2 pm BST: Bank of Israel Interest Rate Decision
\norte15:00 BST: Eurozone consumer confidence flash estimate for May
\norte
Important events
- 17 hours ago Close post
- 17:00 ago Train passengers in England could lose access to Wi-Fi due to cost cuts
- At 6 p.m. m., Micron shares fell at the open
- 18 hours ago Micron expects to lose sales after China highlights 'network security risks'
- 20 hours ago Full story: Meta, owner of Facebook, fined 1.2 billion euros for mishandling user information
- 8:00 p.m. Heathrow: Passengers 'no need to worry' about half-time strike
- 21 hours ago, Facebook owner Meta was fined a record £1bn for transferring data between the EU and the US.
- 22 hours ago Home sales prices rise as confidence returns to UK property market
- 23 hours ago The price of wheat fell to the lowest level in two years
- 24 hours ago Ryanair predicts a strong summer after the profit jump
- 24 hours ago, Micron shares fell in Frankfurt
- 1. before the UK government reduces its stake in NatWest
- 1st Prev Introduction: China bans Micron chips in escalating tech conflict with US
23 hours ago 04:21 EDT
China's ban on Micron products on critical national infrastructure is a potential escalation of trade war rhetoric, according to Markets.com's Neil Wilson.
He adds:
Bidenhe saysrelations with China will improve "very soon"... not sure if you're reading the same script as everyone else?
Before 23:00 04.09 EDT
actions inMicronfell more than 6% inNegotiations before buying in the US, after China assessed that its products posed "serious network security risks."
This followed a 5% drop in trade in Frankfurt this morning (see previous post), in light of Chinaprohibitionkey infrastructure players of the Micron chip market.
23 hours ago 03:52 EDT
The price of wheat is the lowest in two years
The price of wheat has fallen to its lowest level in two years, which could bring relief to struggling households around the world.
Wheat futures in Chicago fell below $6 a bushel, the lowest level since April 2021. They gave up expectations of abundant global supplies after a deal to supply Ukrainian grain was extended last week.
The Singapore-based grain trader told Reuters:
"The world wheat market appears to be well supplied, although there is some concern about the US winter crop."
— World Bank Publications (@WBPubs)May 22, 2023Compared to January 2021, corn prices are 13% higher, while wheat and rice prices are 6% and 4% lower, respectively.
More information about food in our latest food safety update:https://t.co/zXqPUCHt6v pic.twitter.com/iswXGCragc
The most active wheat contract on the Chicago Stock Exchange fell more than 1% this morning to $5.98 a bushel, the lowest since April 2021.
Last week, there was a Ukrainian agreement on grain in the Black Sea.extension for another two months, easing concerns about global inventories.
Concerns over the ongoing US debt ceiling negotiations have also weighed on agricultural markets, amid fears the US could go bankrupt if the limit is not raised soon.
US President Joe Biden and the Republican Speaker of the House of RepresentativesKevin McCarthyThe issue is expected to be discussed later today, following a "productive" phone call on the current debt-ceiling standstill on Sunday.
24 hours ago 03:33 EDT
Ryanair forecasts a solid summer after rising profits
brand sweney
Ryanair returned to a near-record profit of 1.4 billion euros (£1.2 billion) last year and expects to improve in 2023, buoyed by a summer boom that will see the low-cost carrier carry record numbers of passengers.
Europe's largest airline returned to profit for the year to the end of March after the reporta loss of 355 million euros the previous year. The company, led by chief executive Michael O'Leary, said it was moderately optimistic it would pick up profit again this year, which could top Ryanair's record of 1.45 billion euros in 2018.
"To date, demand for summer 2023 is strong and peak prices for summer 2023 are moving ahead of last year."O'Learysaid and added:
"Ticket prices for the first quarter, which benefited from a strong Easter in April, and a very weak previous year comparable to the Russian invasion of Ukraine, will be significantly higher than in the first quarter of 2022-2023" .
Airline, which happened earlier this month$40bn (£32bn) on 300 new Boeing aircraftIn a bid to continue outperforming its European competitors, last year it carried a record 168 million passengers.
Furtherhere:
24 hours ago 03:17 EDT
Micron shares fall in Frankfurt
actions inMicron, which is listed in Frankfurt, fell more than 5 percent in "little early-morning business," Reuters reported, as traders respondedBeijing bans the use of its chips in key national industries.
1. before 03.07 EDT
The UK government is reducing NatWest's stake
In the UK, the government cut taxpayers' stake in the NatWest bank it bought during the financial crisis.
NatWest agreed to buy around 469 million shares of HM Treasuries at 268.4 pence per share, the price at which they closed on Friday night.
It will cost £1.3bn and will reduce the government's stake in NatWest to 38.69% from around 41% today.
by NatWestCEO,alison rosasays the deal "shows positive progress" in terms of the bank's strategic priorities and on the path to privatization.
Rosaadds:
NatWest Group's strong balance sheet and capital formation allow us to continue to lend responsibly and support clients and the communities we serve, while delivering sustainable returns to our shareholders, including government."
At its height in 2009, the UK government owned 84% of NatWest– which before changing its name after the accident was called Royal Bank of Scotland.
Victoria Scholar,investment manager atinteractive inverter, Explain:
Last month, the government announced a two-year extension to its business plan. Treasury aims to return NatWest to private ownership by 2025-26, while trying to "achieve the best value for the taxpayer."
In April, the government's share fell to 42%, from a high of 84%, only to fall again this week.
NatWest shares have struggled this year, caught up in banking turmoil with the collapse of SVB and the Credit Suisse bailout deal. But with shares up nearly 15% year-to-date through Friday's close, the government has clearly decided that now is a good time to sell shares.
1 day ago 02:53 EDT
However, Jefferies analysts expected a limited impact on Micron.
They say their main customers in China are consumer electronics companies, such as smartphone and computer makers, not infrastructure providers.
In a research note, Jefferies says:
“Because Micron's DRAM and NAND products have much smaller servers, we believe that most of their revenue in China does not come from telecom and government.
Therefore, the final impact on Micron will be quite limited."
It generated $5.2 billion in revenue from China, including HK$1.7 billion last year, about 16 percent of total revenue, according to Jefferies.
1 day ago 02:42 AM m. EDT
The announcement that Micron failed a Chinese security check helped boost shares in some local chipmakers on Monday.
State media reported that local players could benefit from the move.
actions inGenius a semiconductor, a Beijing-based factory-free semiconductor company, rose 2.5% in latest trading, whileShenzhen You too, which designs, tests and manufactures semiconductors, is up 2%.
Some of Micron's main rivals also saw their shares rise. SK Hynix rose 0.8 percent, though Samsung Electronics fell after an early rally.
Chip-related Chinese stock shares also hadjumped in aprilwhen Beijing launched an investigation into Micron.
BernsteinAnalysts said in a note:
“Since China's domestic memory vendors are not competitive in technology and capacity, China will have to turn to Samsung, SK Hynix, Kioxia, Western Digital or other foreign vendors as an alternative to Micron.
1 day ago 02:34 AM m. EDT
Beijing's move against Micron brings new uncertainty to other US chipmakers selling to China, the world's largest semiconductor market.
Holden triplet, his foundertrench coat advisersand former FBI counterintelligence official in Beijing, says (via Bloomberg):
“No one should view this CAC decision as retaliation for US semiconductor export controls.
“No foreign company operating in China should be fooled by this undermining. These are political actions pure and simple, and any job could be the next example."
1 day ago 02:33 AM m. EDT
Introduction: China Bans Micron Chips in Escalating Tech Conflict With US
Good morning, and welcome to our ongoing coverage of business, financial markets, and the global economy.
Tensions between Washington and Beijing are rising after China said the products were made by a US chipmaker.Micron TechnologyThey have not passed a cyber security check.
The Chinese government has told users of sensitive computer equipment to stop buying the products.Micron, the largest memory chip maker in the United States.
MicronChina says it failed a network security review announced last month, meaning operators of key infrastructure are now barred from buying from the company.
Announcing the move, theCyberspace Management of Depth(ACC) said:
The review found that Micron's products have serious network security risks, which pose significant risks to China's key information infrastructure supply chain, affecting China's national security.
The ruling could include sectors from telecommunications to transportation and finance, under China's broad definition of critical information infrastructure.
Micron, whose headquarters are located inBoise, Idaho, manufactures products such as DRAM chips, flash memories, and hard drives. through the Crucial, Ballistix Gaming and SpecTek brands.
The move intensifies the ongoing dispute between the US and China over technology and security. Last November, the Biden administration barred approvals of new telecommunications equipment from China's Huawei Technologies and ZTE, saying it posed an "unacceptable risk" to US national security.
A spokesperson for the US Department of Commerce criticized China's move, saying:
"We strongly oppose restrictions that have no basis in reality,"
"This action, along with recent raids and attacks on other US companies, is inconsistent with [China's] claims to open up its markets and commit to a transparent regulatory framework."
Shares of some rival chipmakers rose on the news (a little more about that...).
Micron's ban came as the G7 leaders, meeting in Hiroshima last weekend, announced they wanted to dismiss the threat from China, rather than walk away.
Joe Bidenexplained:
"That means taking steps to diversify our supply chains."
Rishi altarHe went further to say that China represents the greatest challenge to global security and prosperity of our time.
The British prime minister warned that China has "the means and the will to reshape the world order" and that the G7 leaders have shown "unity and determination" in tackling the issues raised by Beijing.
DAILY ORDER
10am. BST: Production in the Eurozone for March
2 pm BST: Bank of Israel Rate Decision
15:00 BST: Eurozone consumer confidence flash estimate for May