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Wednesday newspaper round-up: Venezuela, Faculty, Heathrow

(Sharecast News) - Donald Trump has said Venezuela will be "turning over" $2bn worth of Venezuelan crude to the United States, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts. "This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!" Trump said in a post online. - Guardian Tougher rules on drink-driving, eye tests for older motorists and automatic emergency braking in new cars will be mandated by the government in an attempt to significantly reduce casualties on Britain's roads. The first road safety strategy in more than a decade aims to save thousands of lives with a range of measures, from training and technology to stiffer penalties for offenders. - Guardian

A billionaire hedge fund boss who became a champion of climate change campaigners paid himself £60m last year after a surge in performance at his investment fund. Sir Chris Hohn, one of Britain's most successful money managers, received the cash through an annual dividend payment from his Mayfair-based investment group The Children's Investment Fund Management (TCI). - Telegraph

An artificial intelligence (AI) business that helped provide crucial data to Dominic Cummings' Vote Leave campaign has been sold in a $1bn (£740m) deal. Faculty, a London technology business that provides AI tools for the public sector and businesses, said it had agreed to be acquired by Accenture, the US-listed consulting giant. - Telegraph

The business behind a flawed Post Office IT system that led to the wrongful convictions of hundreds of sub-postmasters has been accused of being a "parasite" on British taxpayers. Fujitsu, architect of the Horizon computer system, is under pressure from MPs over its refusal to say how much it would contribute to the £1.8 billion cost of providing redress for the scandal, even as it continues to benefit from public sector contracts. - The Times

The rival bidder for Heathrow's third runway has accused the airport of "taking people for a ride" by "gold plating" the planning costs for its £49 billion expansion project. Surinder Arora, founder and chairman of the eponymous hotels and property group, pointed to the vast difference in early planning expenses for the two schemes. - The Times

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Friday newspaper round-up: Amazon, Barclays, Epstein
(Sharecast News) - Amazon announced plans to spend $200bn on artificial intelligence and robotics this year, the latest tech giant to vow fresh enormous investments in the artificial intelligence arms race. The news of the investment comes one day after the Washington Post, owned by Amazon founder Jeff Bezos, announced it was cutting approximately a third of employees. - Guardian
Thursday newspaper round-up: Bond markets, Nike, ElevenLabs
(Sharecast News) - A government minister has defended long delays to a military spending plan that are also stalling the UK's next-generation Tempest fighter jet programme, but refused to say when it will be complete. The defence investment plan (DIP), originally expected last autumn, has faced repeated postponements amid warnings that the military faces a £28bn funding gap over the next four years. - Guardian
Wednesday newspaper round-up: Migration, women in tech, mini-nukes
(Sharecast News) - The UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a thinktank has predicted. The National Institute of Economic and Social Research (NIESR) said falling birthrates in the UK and a sharp decrease in net migration last year had led it to consider what would happen if this trend continued to the end of the decade. - Guardian
Tuesday newspaper round-up: Riverford, US investment, Publicis
(Sharecast News) - Consumers searching for healthy food from trusted sources have fuelled the UK organic market's biggest boom in two decades, according to vegetable box seller Riverford. The delivery business, which sells meat, cheese, cookbooks and recipe boxes alongside vegetables, recorded a 6% increase in sales to £117m in the year to May 2025, as the UK organic food and drink market grew by almost 9% in that year, according to new figures from the Soil Association. The strong growth, significantly outpacing the wider food market, helped the employee-owned business give a £1.1m bonus to workers. - Guardian

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