Tom Hanks has long pointed to Stanley Kubrick's 1968 science-fiction epic 2001: A Space Odyssey as his top pick when asked about his favourite movie.The actor has talked about the film repeatedly over the years, telling Collider in 2012 he'd watched it roughly 120 times and listing it alongside other favourites like Fargo and The Best Years of Our Lives.Hanks admires 2001 for taking audiences...

Senior US officials are warning that the fallout from the conflict with Iran could trigger a major retreat of Gulf capital from the United States.President Donald Trump is set to convene a Cabinet meeting to address the growing tensions and their wider implications.A report in Politico cites anonymous insiders who say strikes linked to Iran have alarmed Gulf leaders. Officials from countries...

The UK is set to experience the steepest slowdown in growth among G20 economies as a result of the war involving Iran, the OECD warns.The organisation now expects UK GDP to expand by just 0.7% this year, a marked downgrade from its earlier 1.2% forecast.At the same time, UK inflation is projected to rise to about 4%, up sharply from previous estimates. Global forecasts were also adjusted.While...

Leicester-based JM Wholesale, a major UK distributor of vaping and CBD products, has been put into administration after a notice was filed on March 20.The filing was made through law firm Shakespeare Martineau, with Christopher Lewis and Chris Newell of Quantuma appointed as administrators.The company sells a wide range of items including vape devices, e-liquids, disposable vapes and nicotine...

Four Syrian nationals have been detained in Germany after coordinated raids aimed at a criminal network that supplies boats and equipment for crossings of the English Channel.Police in North Rhine‑Westphalia seized inflatable boats, an engine, petrol cans, life jackets and boxes of tyre inner tubes during Wednesday’s early‑morning searches.The action follows a joint probe led by the UK’s...

After eight years of talks, Australia and the European Union have finalized a wide-ranging free trade agreement in Canberra valued at roughly A$10 billion.The pact removes almost all customs duties between the two sides and also deepens cooperation on defence, supply-chain resilience and critical minerals — steps officials said are designed to withstand growing global uncertainty.Tariffs on...

A major industry group is warning the UK it must boost domestic oil and gas production to avoid growing dependence on imported fuel as global tensions push prices higher.Offshore Energies UK (OEUK) says the government should rethink its ban on new North Sea exploration licences, arguing that Britain risks exposure to supply shocks if more home-grown output is not allowed.Energy markets have...

Larry Fink, chief executive of asset manager BlackRock, warned that oil at around $150 a barrel would likely push the global economy into a deep downturn.He told the BBC that if tensions with Iran persist and energy prices remain elevated, the fallout would be severe for growth and living standards.Fink, who runs a firm with about $14 trillion under management, outlined two broad paths for the...

President Donald Trump said there were "very strong talks" with Iran and hinted at a chance for a full halt to hostilities, but Tehran quickly denied any formal negotiations and described the claims as misleading.What exists so far are tentative, low‑level contacts rather than a clear breakthrough.Officials familiar with past discussions say exchanges between Iranian foreign minister Abbas...

Chancellor Rachel Reeves says the government is drawing up contingency plans to shield the most vulnerable households if the war in the Middle East drives UK energy costs higher.Reeves warned the full economic fallout is still unclear but promised measures would focus on those most in need, while sticking to borrowing limits and a goal of keeping inflation and interest rates down.Households in...