And the UK secures trade deal with six Gulf states to remove about £580m a year in tariffs.
In case you missed it: News bites for the week.
‘Sometimes business requires bravery, and we’ve certainly shown that, and it has paid dividends,’ says Mark Darrow.
The book has the tentative working title of ‘Bird on the Loose’, although her publisher doesn’t know that yet.
And oil prices have jumped after Donald Trump suggested there’s no immediate end to the blockade of the Strait of Hormuz.
Bill Moran spent 30 years at Treasury and says the wellbeing of children is an economic issue.
And King Charles is in the United States for a state visit.
The outcome of an investigation into ‘matters that had been raised’ about the FMA chair will be released ‘shortly’.
And British oil giant Shell to buy Canada’s ARC Resources for US$16.4b.
The Middle East war is adding $2.5m a month to the company’s costs.