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(Sharecast News) - The UK government has approved the controversial Jackdaw gasfield in the North Sea, a widely expected move that will nonetheless dismay environmental campaigners and a number of Labour MPs. While Labour's 2024 election manifesto committed to a ban on new drilling licences in the North Sea, the companies behind Jackdaw and the Rosebank oilfield project, which is being decided on separately, have sought environmental approval for existing licences. - Guardian
As SpaceX released its second-ever public earnings report Tuesday, Elon Musk declared his support for combining the aerospace and AI company with his electric vehicle company, Tesla. He said both companies had created special committees to explore a potential merger, but have not reached any agreement on terms of a transaction. "Both SpaceX and Tesla have formed special committees to discuss this idea at the request of shareholders and these special committees are, uh, consist of independent directors," Musk said on the call. "Because I'm a conflicted party, I can't actually be in the discussions of the special committees." - Guardian
NatWest is forcing tens of thousands of staff members back into the office in the latest crackdown on remote working. The high street bank has told roughly 13,500 "remote-first" employees who currently go into work just two days a month that they will be expected in the office at least two days a week. The new policy will also require a further 17,000 hybrid workers, who currently only have to be in the office for three days a fortnight, to come in more regularly. The changes will come into effect from February next year. - Telegraph
Anthropic lost more than $80bn (£59.8bn) in the first half of the year as the artificial intelligence (AI) giant burns through cash before its blockbuster stock market float. The company behind the Claude chatbot reportedly posted a net loss of $80.7bn in the first half of 2026, a substantial increase from the $13bn it lost in the same period last year. Anthropic said the increased losses largely reflect accounting adjustments associated with its financing agreements. - Telegraph
The City regulator is facing a fresh scandal after it emerged it had been scrutinising a major promoter of "loan note'' investments for more than a decade before it began High Court action last month. The Financial Conduct Authority is pursuing an entrepreneur and podcaster, known for interviewing sports stars including Michael Owen and Harry Redknapp, over allegations that he "knowingly'' operates a major "Ponzi" scheme, court filings show. - The Times