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Wall Street Pauses as Oil Surges and Tesla Stumbles

  U.S. stocks stalled on Thursday as investors weighed a sharp rise in oil prices against a wave of fresh corporate earnings. Futures tied to the Dow Jones Industrial Average and the S&P 500 hovered near the flat line, while the Nasdaq 100 also showed little movement. Energy markets took center stage after oil futures jumped more than 5% following new U.S. sanctions on Russian producers, pushing Brent crude toward $66 a barrel and West Texas Intermediate closer to $62. The surge added pressure to inflation concerns already weighing on Wall Street. On the corporate front, Tesla shares slipped over 3% in premarket trading after the electric vehicle maker posted mixed third-quarter results, disappointing investors and kicking off the “Magnificent Seven” earnings cycle. IBM stock also dropped about 7% , as stronger-than-expected profits were overshadowed by weaker software revenue. Traders are now awaiting results from American Airlines and T-Mobile , with Intel set to ...
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Deported Migrant Returns to UK by Dinghy, Exposing Flaws in Border Deal

 


Two inflatable dinghies carrying migrants make their way towards England in the English Channel

A migrant who was deported to France under Britain’s new “one in, one out” agreement has returned to the UK less than a month later by crossing the English Channel in a small boat.

The Iranian man was among the first to be removed under Prime Minister Keir Starmer’s flagship deal with French President Emmanuel Macron, which was designed to deter dangerous crossings and disrupt smuggling gangs. However, his swift return has raised questions about the effectiveness of the policy.

According to reports, the man claimed he was a victim of modern slavery at the hands of traffickers in northern France and said he did not feel safe there. After being housed in a Paris shelter, he fled back to the coast and boarded another dinghy bound for Britain.

The Home Office confirmed he has been detained again and is expected to be deported once more. Meanwhile, official figures show that the number of small boat arrivals in 2025 has already surpassed the total for the whole of 2024, intensifying pressure on the government to deliver results from its border strategy.


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