Breaking AI & Tech News Analyzed

Oil and gas markets rallied on Thursday as investors grappled with the shaky outlook for the two‑week Iran‑Israel ceasefire. Brent crude rose more than 2% to $96.77 a barrel, while New York light crude climbed nearly 3% to $97.23, still shy of the $100 threshold that many traders watch. The previous session had seen Brent plunge 13.29% to a four‑week low of $94.75. In the gas sector, the UK month‑ahead contract rebounded 1% to 115.35p per therm after a 15% drop the day before. European natural‑gas futures also recovered, edging toward €46/MWh from a five‑week trough of €45.30. The price uptick reflects growing scepticism about the durability of the ceasefire announced a day earlier by the United States and Iran, which included a pledge to reopen the Strait of Hormuz. UAE and Kuwait reported intercepting Iranian drones, and Iran’s parliamentary speaker accused the United States and Israel of breaching several agreement points. Iran’s Revolutionary Guards warned of a “regret‑inducing response” if Israeli strikes on Lebanon continue. The latest Israeli barrage killed at least 254 people and wounded 837, prompting the Fars news agency to note that oil‑tanker traffic through the strait had been halted. Former President Donald Trump used his Truth Social platform to threaten that U.S. forces would remain in the region until a “real agreement” is fully honoured, warning that any non‑compliance would trigger “stronger than anyone has ever seen before” military action. Asian equity markets reacted negatively: Japan’s Nikkei slipped 0.7%, South Korea’s Kospi fell 1.7%, and Hong Kong’s Hang Seng edged down 0.4%. In Europe, the FTSE 100 dipped 0.1%, Germany’s DAX fell 0.6%, France’s CAC 40 dropped 0.3%, and Italy’s FTSE MIB slipped 0.2%. The pan‑European Stoxx 600 trimmed 0.1% after a near‑4% rally the day before, while U.S. futures pointed to a lower opening on Wall Street. Deutsche Bank strategist Jim Reid noted that market stress has eased compared with 24 hours earlier, as the ceasefire news generated renewed optimism and reduced fears of a stagflationary shock. On the diplomatic front, White House press secretary Karoline Leavitt announced that Vice‑President JD Vance will lead a delegation to Islamabad, with initial talks slated for Saturday morning. Jefferies chief European economist Mohit Kumar argued that, despite its fragility, the truce is likely to hold because of the “mutually assured destruction” calculus. He added that both sides now see a ceasefire as the lesser‑evil, given the escalating costs of continued conflict and the strategic challenges of securing cheap drone interceptors and a reliable Hormuz passage.

At least 50 new accounts on Polymarket, a prediction market platform, made substantial bets on a US-Iran ceasefire on Tuesday, resulting in profits of hundreds of thousands of dollars. These bets were placed despite escalating rhetoric from Donald Trump and few signals of an imminent deal.An analysis of blockchain data shows that one wallet, created on Tuesday at 10am ET, placed roughly $72,000 in bets at an average price of 8.8¢ and cashed out for a profit of $200,000. Another wallet, which joined the platform on April 6, won $125,500.The trading pattern of newly created accounts placing strategic, well-timed bets has raised questions about insider trading and the need for regulation in prediction markets. Bipartisan groups of senators and representatives have introduced legislation to broaden the definition of insider trading to include prediction markets.“This is why these markets need regulation,” said Todd Phillips, a professor at Georgia State University. “We can’t have people trading with inside information and expect other traders are going to be OK being in these markets.”Polymarket and other industry players, including Kalshi, have acknowledged the need to broaden the definition of insider trading on their platforms.

Cornish film-maker Mark Jenkin has brought his latest film, Rose of Nevada, to his hometown of Newlyn in Cornwall. The film, a ghostly time travel tale, has received excellent early reviews and features Jenkin's signature authentic storytelling.Jenkin, who is from Newlyn, expressed his pride in Cornwall, stating, “This is the greatest town in the world. I see Cornwall as being at the centre of the world.” He emphasized the importance of showcasing Cornwall's culture and community in his films.The film was shot entirely in Cornwall, using a clockwork Bolex camera and featuring a working fishing boat. Jenkin's vision for his homeland is central to the film, rather than using it as a backdrop.Jenkin's success has put a spotlight on Cornwall, with other filmmakers, such as Brett Harvey and Dan Simpkins, highlighting the growing recognition of regional film-making. Laura Giles of Screen Cornwall noted that Jenkin is a “talisman for Cornish film-making” and that there are other emerging filmmakers in the region.The film's producer, Denzil Monk, emphasized the importance of sustainability and inclusivity in the production, stating, “We try to step very lightly” in terms of impact on the environment and community.

At 75, Suzi Quatro is still rocking with the same energy and passion that defined her glam era. Her signature scream, which has been thrilling audiences since she was a kid playing dance halls around Detroit, was on full display during her recent concert at Glasgow. The Suzi Q scream is a defining sound of the glam era, a holler of swallow-the-world desire that leaves the audience galvanized.While the opening hour of the concert was entertaining and well-paced, the second set was a bit of a mess, with tedious solos and drawn-out introductions of her eight-piece band. The highlight of the evening came when Quatro played Can the Can and Devil Gate Drive back to back, delivering a pure pop rush. However, the concert could have benefited from a few cuts, as Quatro seemed to struggle with pacing.Despite some minor issues, Quatro's performance was still thrilling, and her infectious energy was palpable throughout the evening. As she told the Glasgow crowd, 'I can still scream just as loud,' and she proved it with her powerful vocals.

The UK Home Office has refused rapper Kanye West’s request to travel to Britain, stating that his presence would not be "conducive to the public good" after a wave of criticism over his anti‑Semitic comments and open admiration for Adolf Hitler.West, now performing under the name Ye, submitted a visa application on Monday for a headline slot at London’s Wireless Festival in July. The Home Office issued a denial on Tuesday, effectively barring him from entry.In response, the festival’s organisers announced the cancellation of the entire event and pledged to refund all ticket holders, underscoring the pressure from sponsors and politicians to distance the show from the controversial artist.Amid the controversy, West publicly offered to meet members of the British Jewish community, saying he wanted to demonstrate “unity, peace and love through music” and that “words aren’t enough – I’ll have to show change through my actions.”The backlash intensified after West released a track titled “Heil Hitler” and marketed a swastika‑bearing T‑shirt on his website, actions that have drawn widespread condemnation for glorifying Nazism.West has performed in the United States and Mexico City this year, but was barred from Australia in July 2023 for similar reasons. He later placed a full‑page apology in the Wall Street Journal, attributing his behavior to an untreated bipolar disorder.British government minister Wes Streeting dismissed the bipolar‑disorder explanation as “appalling,” while Prime Minister Keir Starmer called the decision to book West “deeply concerning” given his prior anti‑Semitic remarks and celebration of Nazism.The Campaign Against Antisemitism welcomed the Home Office’s move, stating that it “backed up its words with action” and affirmed that antisemitism has no place in the UK.West’s European tour continues to face resistance; the mayor of Marseille, France, publicly declared the rapper “not welcome” for a scheduled June concert.

Aaron Ramsey has confirmed his retirement from professional football at the age of 35, ending a career that saw him feature for Arsenal, Juventus, Nice, Cardiff City and Rangers before becoming a free agent after leaving Mexican side Pumas last year.Ramsey earned 86 caps for Wales, with his final appearance coming in 2024. A string of injuries and reduced minutes saw him omitted from Wales' World Cup qualifying playoff against Bosnia and Herzegovina, a defeat that effectively closed the door on any chance of a major tournament finale.In an emotional Instagram post, the midfielder wrote, "This has not been an easy decision to make. It has been my privilege to wear the Welsh shirt and experience so many incredible moments in it. I owe a debt of gratitude to the managers and staff who helped me along the way." He also thanked the "Red Wall" – Wales' passionate supporters – for their unwavering backing.Ramsey further expressed appreciation for the clubs that shaped his journey, stating, "Thank you to all the clubs I’ve been lucky enough to play for, and to the managers and staff who made it possible for me to live my dream at the highest level."His trophy cabinet includes three FA Cup medals with Arsenal, a Serie A title (2020) and Coppa Italia (2021) with Juventus, and a Scottish Cup with Rangers in 2022, underscoring a decorated career across England, Italy and Scotland.

The organiser of the Wireless Festival has reaffirmed that Kanye West, legally known as Ye, will appear on the bill, even as senior UK officials and Jewish organisations demand his exclusion over a series of antisemitic statements and admiration for Adolf Hitler.West’s controversial remarks, including a 2025 song titled “Heil Hitler” and the promotion of a swastika‑bearing T‑shirt, have drawn condemnation from MPs and prompted calls for a government ban. Bridget Phillipson, a senior minister, described his comments as “completely unacceptable and absolutely disgusting,” while Prime Minister Keir Starmer called the booking “deeply concerning.”Melvin Benn, managing director of Festival Republic, the promoter behind Wireless, said the artist is “intended to come in and perform” and stressed that the festival will not provide a platform for “extolling any opinion,” only for the songs that are popular on radio and streaming services. He added, “I am a deeply committed anti‑fascist… I lived on a kibbutz attacked on 7 October and support both a Jewish and a Palestinian state.”In a personal appeal, Benn invoked his experience with a family member’s mental illness, urging the public to extend “forgiveness and hope” to West, whom he described as seeking “second chances” in a “divisive world.” He also asserted that West has a legal right to enter the UK, though ministers are reviewing his entry clearance.Jewish leaders remain unconvinced. Phil Rosenberg, president of the Board of Deputies of British Jews, warned that Benn’s comments “will not reassure many within the Jewish community” and highlighted that West has “proclaimed himself a Nazi” while the festival stands to profit from his appearance.Political opposition has also weighed in. Liberal Democrat leader Ed Davey called for a ban on West’s entry, urging the government to act “tougher on antisemitism.”Commercial fallout has been swift. Pepsi and Diageo have withdrawn their sponsorship, and AB InBev announced it is pulling Budweiser and Beatbox support. PayPal confirmed it will no longer feature in the festival’s promotional materials.West has not performed in the UK since headlining Glastonbury in 2015, and his recent full‑page apology in the Wall Street Journal attributed his inflammatory remarks to bipolar‑1 disorder stemming from a 2002 car‑crash injury. Nonetheless, critics argue that a three‑day stage slot does not constitute a meaningful path to “health and healing.”

Ipswich Town secured a vital 2-1 victory over Birmingham City on Easter Monday, propelling them into the automatic promotion places in the Championship. The win came courtesy of a decisive goal from Kasey McAteer, his first since joining the club last summer.The match was played against the backdrop of controversy surrounding Nigel Farage's visit to Portman Road on March 23. Farage, the leader of Reform UK, was seen wearing an Ipswich shirt with the number 10 on it, sparking division among fans and a heated debate about the club's apolitical stance. The club's chairman, Mark Ashton, later apologized for any hurt, pain, or distress caused by the incident.On the pitch, Ipswich dominated proceedings, with McAteer scoring the winning goal after Birmingham's Carlos Vicente had given them a surprise first-half lead. The hosts' full-backs played a crucial role in securing the draw and ultimately the win, with Darnell Furlong's cross leading to Ben Johnson's equalizing goal.The second half saw Birmingham push for an equalizer, with Ibrahim Osman's introduction making a significant impact. However, despite some nervy moments, Ipswich held firm, and McAteer's goal sealed the win and sent the home fans into raptures. This victory moves Ipswich into second place on goal difference above Millwall, with Middlesbrough still to play their evening game.

Norwich City's Oscar Schwartau scored a crucial goal off the bench to secure a 2-1 win against Millwall, dealing a significant blow to their promotion hopes and boosting Ipswich's chances.The match saw Millwall take the lead through Mihailo Ivanovic but Norwich City equalized with a long-range rocket from Pelle Mattsson and Schwartau's winner in the 76th minute.In other matches, Middlesbrough earned a precious point from a 2-2 draw at Swansea, with Tommy Conway scoring a second-half penalty equalizer.Charlton manager Nathan Jones reported that Conor Coady was taken to hospital after being knocked out during the 1-1 draw at Watford.Portsmouth drew 2-2 with Oxford United in a relegation dogfight, with Andre Dozzell scoring an 87th-minute equalizer.Bristol City secured a 1-0 victory over Sheffield United thanks to Radek Vitek's inspired goalkeeping performance.Derby earned a 2-0 home win over Stoke, with Jaydon Banel and Carlton Morris scoring the goals.QPR drew 1-1 with Preston, with Thierry Small scoring an unfortunate own goal.Leicester drew 1-1 with Sheffield Wednesday, with Jordan Ayew scoring a late goal to deny the hosts their first home league win of the season.