High mortgage rates push UK first-time buyers towards rental market – Rightmove

Demand for rental homes in Britain rose in October as prospective first-time buyers put off purchases amid the surge in mortgage rates, property website Rightmove said on Friday.

UK security fears spark Chinese camera ban

The UK will no longer use Chinese-linked surveillance cameras at sensitive government buildings “to prevent any security risks”, a British minister says.

Tesla recalls 15,000 cars over light fault

In the second recall in two weeks, all Tesla Model 3 and Model Y drivers in Australia have been warned about a risky light defect.

Asian shares rise as China mulls stimulus

Indications United States Fed policymakers will slow the pace of interest rate hikes and new economic stimulus measures in China have helped buoy Asian stocks.

Wall Street rises as Fed signals rate hikes may slow

Wall Street’s main indexes edged higher on Wednesday after minutes from the Federal Reserve’s November meeting showed interest rate hikes may slow soon.

Scholz ‘very confident’ EU will soon agree Russian oil price cap

German Chancellor Olaf Scholz said on Wednesday he was “very confident” the European Union would soon agree on a price cap for Russian oil as negotiations were underway in Brussels.

Buffett donates over $750 million to his family charities

Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday, but unlike his annual gifts to charity each summer, the recipients didn’t include the Bill & Melinda Gates Foundation.