Thames Water customers shouldn’t pay for its mistakes, says Jeremy Hunt; Iran oil exports hit six-year high – business live


by The Guardian

The Guardian— Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Thames Water must sort out its...

the deep dive—Small Business Rent Delinquency Hits Three-Year High. The delinquency rate for US small businesses failing to pay full rent climbed to 43% in April, the highest level

CNBC—Xpeng's Gu says robotaxis won’t be a real business for at least five years. Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

CNBC—Oil jumps 3%, spot gold hits record high after Israel launches strike in Iran. Oil prices jumped more than 3% after reports of explosions near the Iranian city of Isfahan.