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Musk vs. OpenAI trial: Shivon Zilis testifies Musk wanted Tesla to take over OpenAI

In the second week of the trial pitting Elon Musk against OpenAI CEO Sam Altman, former board member Shivon Zilis took the stand before judge and jury. Zilis is romantically involved with Musk as he is the father of her four children. In this edition, we look back at what pushed the tech magnate to file this lawsuit to begin with and put in context Zilis's testimony that Musk wanted OpenAI to be a subsidiary of Tesla. Also in this segment: FIFA boss Gianni Infantino defends the 2026 World Cup's high ticket prices.

Oil Extends Losses Amid Hormuz Opening Speculation

(RTTNews) - Oil prices extended losses on Thursday, after having fallen nearly 8 percent in the previous session on optimism over a potential U.S.-Iran peace deal.

Major rail disruption in South of England due to radio fault

Trains are being cancelled and delayed with disruption expected to last to the end of the day, National Rail says.

How Maersk and the U.S. military got a ship to pass through Strait of Hormuz

Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a "very cautious approach" during the Middle East crisis.

EU weighs restricting use of U.S. cloud platforms to process sensitive government data, sources tell CNBC

There have been increasing calls within Europe for the region's most critical workloads to diversify away from dominant U.S. cloud providers.

Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve

Japan's Ministry of Finance has intervened in the yen over the country's Golden Week holiday. 

Norway's central bank raises interest rates to curb inflation; European stocks edge higher

Shortly after the opening bell, the pan-European Stoxx 600 index was seen 0.14% higher.

Shipping giant boss warns Iran war will have bigger impact in coming months as customers face price hikes

Maersk said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday.

Shell profits rise as Iran war pushes oil prices higher

The energy giant reports profits of $6.92bn for the first three months of the year.

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