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BIZCNBC

United Airlines gets aggressive in battle for top Delta, American flyers

United Airlines launched an aggressive status match program for Delta and American's top frequent flyer elites.

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BIZBBC News

PM warned Rosebank oil field could breach West Bank sanctions

The prime minister has been warned that approving a controversial oil field risks contravening his own sanctions on illegal Israeli settlements in the West Bank. The government will soon have to make a long-awaited decision on whether to go ahead with Rosebank, Britain's largest untapped oil field, which sits off Shetland. Environmental campaigners and Green Party leader Zack Polanski have both separately written to Andy Burnham and the foreign secretary to raise concerns about Rosebank's links to an Israeli company, Delek Group.

BIZThe Guardian

US borrowing costs hit 24-year high as global bond sell-off intensifies

Fears that US deficit is unsustainable also drive UK 30-year bond yields briefly above 6% for first time since 1998 Business The global bond sell-off intensified on Thursday, driving 10-year US government borrowing costs to their highest level in 24 years in a frantic day’s trading. The threat of a renewed round of inflation from the persistently high cost of oil has spooked investors on both sides of the Atlantic, with central banks expected to raise interest rates in the coming months to prevent price increases from becoming embedded.