Caroline Hepker

His apology follows a concession on Wednesday that material used to vet Mandelson for the role of UK ambassador to the US did contain details of his links to Epstein.

After that revelation, some Labour MPs helped to force the government to agree to release sensitive documents about the appointment.

to the Cross-Party Intelligence and Security Committee for review.

A YouGov poll released hours after Starmer's latest remarks show 50% of the British public believe he should resign.

Iran's foreign minister has confirmed that nuclear talks with the United States are scheduled to be held in Oman today.

Bloomberg's Ewan Potts has more.

I'm Caroline Hepke and this is Bloomberg.

And I'm Caroline Hepker.

Well, the latest plans for more capital spending from US big tech came as the Nasdaq 100 extended its deepest slide since April.

Software stocks extended their tumble after artificial intelligence startup Anthropic rolled out a new model that's designed to carry out financial research.

It's the second time this week that the company has jolted markets, underscoring the competitive threat from the new technology.

In political news, UK Prime Minister Keir Starmer has apologised for appointing Peter Mandelson to a senior role despite his links to disgraced financier Jeffrey Epstein.

Speaking during an event in England yesterday, the Prime Minister directly addressed Epstein's victims.

Keir Starmer speaking there.

His apology follows a concession on Wednesday that material used to vet Mandelson for the role of UK ambassador to the United States did contain details of his links to Epstein.

After the revelation, some Labour MPs helped force the government to agree to release sensitive documents about the appointment to the Cross-Party Intelligence and Security Committee for review.

A YouGov poll released hours after Starmer's latest remarks showed 50% of the British public believe the Prime Minister should resign.

The Bank of England's governor says that a 50-50 bet on an interest rate cut next month is not a bad place to be.

Andrew Bailey was speaking after the central bank's unexpectedly tight five to four vote to hold interest rates yesterday.

Speaking to Bloomberg about the decision, Bailey said that he is still looking for a clearer picture of the economy.