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OpenAI axes next model citing safety issues
AI lab will hold back GPT-6.1 Astra following mounting pressure over misbehaviour by its agents

Oil price and US Treasury yields in tightest relationship since 1990
Bond investors watch Iran conflict and crude price for signs as to where government borrowing costs will go

UK draws up contingency plan for ‘unprecedented’ AI job losses
Britain is preparing for the possibility of “unprecedented” AI-driven job losses, the AI minister has said, as companies increasingly cut staff and automate parts of their workforce. Kanishka Narayan said one of his top priorities was drawing up a contingency plan for a severe disruption to the jobs market, which

India’s Commerce Minister Heads to US as Trade Talks Drag On
Indian Commerce Minister Piyush Goyal will hold bilateral meetings with his US counterpart during a visit this week as the two sides seek to finalize an interim trade deal.

Australia raises interest rates to 15-year high
Reserve Bank of Australia lifts benchmark rate to 4.6 percent amid stubborn inflation.

Trump Criticizes UK’s Release of Airbase Suspects Amid Probe
President Donald Trump criticized the release on bail of five men held over an alleged terror plot against a Royal Air Force base used by the US for strikes against Iran, as British police continue to investigate foreign links to the incident.

Stocks Battling AI Safety Headwind: Market Analysis
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV . (Source: Bloomberg)