Caroline Hepker

Internet and phone services in Iran have been cut off after protests ramped up overnight in the country.

Unverified social media videos show thousands taking to the streets in the capital Tehran.

The unrest started on the 28th of December in Tehran's Grand Bazaar after a sudden decline in the value of

of Iran's currency and is emerging as a challenge to the authority of Supreme Leader Ayatollah Ali Khamenei.

The US President Donald Trump says he has warned Iran's regime not to resort to violence.

Despite President Trump's comments to Fox News, the Human Rights News Agency estimates the state crackdown has already killed 42 people.

Now on to corporate news.

Rio Tinto is in talks to buy rival Glencore.

A tie-up would create the world's biggest mining company with a market value of more than $200 billion.

The new negotiations come a little over a year after previous talks between the two firms collapsed.

Clara Ferreira Marquez is Bloomberg's managing editor for commodities and energy in Asia.

That was Clara Ferrer-Marquez speaking there, as demand for copper has never been stronger.

The metal soared to record highs above $13,000 a ton earlier this week.

Now to the UK, where there's been a surge in the number of people at risk of losing their jobs.

That's according to new figures, which will likely set off alarm bells at the Bank of England.

Bloomberg's Tiwa Adebayo has more.

And those are our top stories for you this morning.

Looking at the markets, equities are trading within a really narrow range because there are two big risk events that we just mentioned, the US payrolls report and this possible Supreme Court ruling on President Trump's tariffs.

The Japanese yen above the 157 level.

The Swiss franc is also ticking lower.