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Sunday, 27 September 2026

Trump turns down Iran's Hormuz offer, loans get dearer, and courts order big payouts

207 stories · 12 beats · 4 signals

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Fuel still dear as Trump turns down Iran's offer High →
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  • World

    Trump said Iran's plan to reopen the Strait of Hormuz, the sea lane out of the Gulf, was not acceptable. He said Iran only wants a pause because it is losing and has no money coming in.

  • Climate

    Diesel in the United States costs 76% more than a year ago, and Trump says he backs stopping its sale abroad before the 3 November elections. His energy secretary says a ban would make refineries cut output and push petrol prices up.

  • Finance

    A barrel of oil is still above $100, and that is keeping prices high as far away as Australia. About 13.5 million barrels a day are now getting out of the Gulf, with the US military guiding tankers through in daylight.

Borrowing getting dearer High ↑
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Seen in 2 of the 12 beats
  • Finance

    Australia's central bank is expected to lift its rate to 4.6% on Tuesday, its fourth rise this year, while house prices there are down nearly 4%. US traders put the chance of another US rate rise in October at 64%.

  • Money

    A deputy governor of the Bank of England said a rise in interest rates is looking increasingly likely. The IMF says households in Brazil spend a high and rising share of their income on paying back loans.

Companies paying out after court cases Building ↑
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  • Tech

    A jury said Apple owes Taction $5.7 billion because the part that makes iPhones tap the hand uses two of its patents, and Apple will appeal. TikTok agreed to pay the US state of Alabama at least $100 million days before a trial was due to start.

  • Money

    Apple put $250 million into a fund for about 36 million iPhones bought in the US, over claims about its AI Siri. Amazon agreed to put $309.5 million into a fund over refunds it missed, and in both funds each buyer's share gets smaller as more buyers claim.

People turning against data centres near them Building ↑
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Seen in 2 of the 12 beats
  • Tech

    In a poll in Texas, 57% of voters opposed a data centre in their own community. In India, 520 families in the village of Tarluvada lost land where Google is building an AI data centre.

  • Climate

    Texas has paused new data-centre connections to its grid while it checks requests for 474 gigawatts, more than five times its highest ever demand. Local opposition has blocked, withdrawn or stalled more than $170 billion of data centres.

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