Wednesday newspaper round-up: Venezuela, Faculty, Heathrow
By Michele Maatouk
Date: Wednesday 07 Jan 2026
(Sharecast News) - Donald Trump has said Venezuela will be "turning over" $2bn worth of Venezuelan crude to the United States, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts. "This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!" Trump said in a post online. - Guardian
Tougher rules on drink-driving, eye tests for older motorists and automatic emergency braking in new cars will be mandated by the government in an attempt to significantly reduce casualties on Britain's roads. The first road safety strategy in more than a decade aims to save thousands of lives with a range of measures, from training and technology to stiffer penalties for offenders. - Guardian
A billionaire hedge fund boss who became a champion of climate change campaigners paid himself £60m last year after a surge in performance at his investment fund. Sir Chris Hohn, one of Britain's most successful money managers, received the cash through an annual dividend payment from his Mayfair-based investment group The Children's Investment Fund Management (TCI). - Telegraph
An artificial intelligence (AI) business that helped provide crucial data to Dominic Cummings' Vote Leave campaign has been sold in a $1bn (£740m) deal. Faculty, a London technology business that provides AI tools for the public sector and businesses, said it had agreed to be acquired by Accenture, the US-listed consulting giant. - Telegraph
The business behind a flawed Post Office IT system that led to the wrongful convictions of hundreds of sub-postmasters has been accused of being a "parasite" on British taxpayers. Fujitsu, architect of the Horizon computer system, is under pressure from MPs over its refusal to say how much it would contribute to the £1.8 billion cost of providing redress for the scandal, even as it continues to benefit from public sector contracts. - The Times
The rival bidder for Heathrow's third runway has accused the airport of "taking people for a ride" by "gold plating" the planning costs for its £49 billion expansion project. Surinder Arora, founder and chairman of the eponymous hotels and property group, pointed to the vast difference in early planning expenses for the two schemes. - The Times
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