The US raised interest rates and passed a Russia sanctions bill, while fuel costs kept climbing

World

Saudi Arabia says it shot down a drone sent towards Mecca by Yemen's Houthi fighters, and says it is running low on missiles to stop them. Only 21 ships passed the southern entrance to the Red Sea on Monday, against 47 a day in mid-July.

Finance

US diesel, the fuel lorries run on, reached a record $6.31 a gallon on Wednesday. American Airlines said the higher price adds about $1 billion to its costs for October to December.

Climate

Shiploads of gas in Asia are selling near $30 per million British thermal units, against about $10 before the war with Iran. Higher fuel prices have made two US airlines cut flights.

Gaming

Build a Rocket Boy, the Edinburgh studio behind the game MindsEye, raised 233 million pounds and spent 52.1 million of it in a single year while taking in 4.6 million. Its last staff are now being let go.

Tech

Insuring the bonds of the big cloud companies against default now costs more than insuring bank bonds. JPMorgan expects Meta, the owner of Facebook, to spend $65bn to $75bn a year more than it earns in 2027 and 2028.

Finance

May Mobility, which runs driverless taxis, plans a $1.4 billion stock market listing. Cohere and Aleph Alpha, two smaller makers of artificial intelligence, are combining.

Climate

The US House of Representatives voted 417 to three to ask state electricity regulators to consider making data centres pay for the power plants and wires built to serve them. Developers in the biggest US grid region have signed a pledge to keep those costs off household bills.

Money

An English council pays for someone's care only once their savings fall to 23,250 pounds, and a house counts too once they move into a care home. Andy Burnham, the mayor of Greater Manchester, has asked Louise Casey to report on the system a year early.

Sports

Tottenham Hotspur's owners put another 120 million pounds into the football club, their third payment in a year. Advisers say owners further down English football are selling because the yearly losses never stop.

Biotech

Bangladesh has counted more than 194,000 measles cases since March, and 83% of the confirmed cases were in people who had never had a dose. The United Nations children's agency says vaccine orders were delayed last year while new suppliers were considered.

Food

African swine fever arrived in Asia in 2018 with farm pigs, and is now killing rare wild pigs that live only on single islands such as Sulawesi. The US agriculture department has asked Caribbean cruise passengers to leave pork behind, because the virus survives in cooked meat.