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Articles in this issue: Iran's slain leader Khamenei laid in state in Tehran for week of mass funeral events Ukrainian rescuers clear rubble as Kyiv mourns 30 killed in Russian attack In the West Bank, Israeli settlers take over Palestinian's dream home Inside Taiwan's nightmare scenario: Chinese blockade, earthquake and invasion At least 3,700 excess deaths reported during heatwave in France, Belgium and Netherlands Moldova's Prime Minister Munteanu steps down How drug gangs use social media to recruit Thai air crew as couriers NATO leaders to gather in Ankara, aiming to smooth over tensions with Trump Cossacks, volunteers help keep order at petrol stations in Russian Black Sea resort Forty killed as bus falls into ditch in Pakistan's Balochistan Scared but staying: Some migrants dig in as South Africa turns hostile Somalia peacekeeping mission at risk as US blocks UN support, sources say Kenyan activists launch new court case against luxury lodges in Maasai Mara reserve US withdrew forces from Nigeria after operation against ISIS, AFRICOM chief says Human rights catastrophe unfolding in Sudan's al-Obeid, says UN's Turk Kenya private sector activity picks up in June, PMI shows South Africa private sector returns to growth as inflation eases, PMI shows South African rand firms on weaker dollar before business activity PMI Japan keeps yen intervention threat alive, says in close touch with US Oil prices little changed ahead of long US weekend as peace efforts hold Venezuela's Rodriguez defends earthquake response after days of criticism In Brazil, a Bolsonaro family rift exposes the right's struggle with women voters Peru declares state of emergency in 40% of districts ahead of El Niño rains Canadian court publication ban in Quebec militia case raises press-freedom concerns Toronto home sales rise in June for fourth straight month Explainer: What are the key challenges facing NATO? Brazil implements new regulations for meat exports to EU, Globo Rural reports Moody's expects Fujimori's government in Peru to boost investor confidence Flavio Bolsonaro proposes keeping Brazil's Pix away from non-Western payment networks China dismisses US, EU criticism of new ethnic law as 'malicious smear' Warsh and peace South Korean president to attend NATO summit in Ankara, visit Mongolia Indonesia recovers body of American pilot killed by rebels in Papua, military says US envoy says Cook Islands minerals are a top priority India and Japan sign pacts on AI, metals and energy after Modi-Takaichi talks Beijing identifies pilot killed in crash into city's tallest building Australia clears Sportsbet after anti-money laundering remediation Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise Russian fuel crisis prompts rush for Chinese electric cars Alibaba to ban employees from using Anthropic's coding tool, source says Czech tycoons eye stake in Pirelli held by China's Sinochem, newspaper says ASIA GOLD India gold demand diminishes as prices rebound; China buying improves India allows four Chinese-linked power equipment firms to bid for government projects Morning Bid: Stocks shake it off Excommunications show a Pope Leo unafraid of making firm decisions Monaco blast suspect is a woman, was spotted in Germany, source says Germany services contraction eases in June as cost pressures cool, PMI shows ECB's Lagarde won't rule out early departure Prince Harry hopes to bring his children to UK next week for first time in years At least two dead in Russian border regions after Ukrainian drone attacks India police arrest one for alleged child abuse at Capgemini daycare campus World's biggest domain seller fears India's fake site crackdown could damage internet India's June services growth slips to 17-month low as demand, hiring cool, PMI shows Indian shares advance, led by IT on easing US rate-hike worries India insurance regulator plans overhaul of commission rules to curb mis-selling, sources say India issues notice to Telegram, Signal on concerns over usernames, source says India's Adani Enterprises upsizes share sale by 50% to $1.75 billion India's Kerala state not consulted on MSC's $1.4 bln port investment, chief minister says India coal-fired power output in June rises to highest since November 2023 Rupee clings to modest gains hemmed in by softer dollar, corporate hedging Iran warns US, Israel against attacks ahead of funeral processions for Khamenei US-Iran talks conclude in Doha, focused on Strait of Hormuz Iran prepares to bury slain supreme leader with week of mass mourning Syrian foreign minister says Syria open to meeting Hezbollah, Lebanese state media reports Oil gains on short-covering buys ahead of US holiday Cathay Pacific says to resume Middle East passenger services from September India to send minister, governor to Ali Khamenei funeral UBS lowers 2026-2027 oil price forecasts as Hormuz flows recover Saudi Aramco ramps up exports from Ras Tanura, switches to spot sales, sources say Senior Chinese lawmaker to attend Khamenei's funeral Pro-Palestinian protesters convicted of misdemeanor charges in 2024 Golden Gate Bridge protest Japan shifts to ambush intervention tactics against yen short sellers Eneos secures enough crude through September, seeks source diversification Japan wage hikes top 5% for third year, backing BOJ rate-hike path Japan's services activity returns to growth in June, PMI shows Kioxia ships next-gen memory samples as AI boom fuels dramatic comeback Japan's yen jumps, with traders twitchy about intervention risk SoftBank renews talks for $10 billion loan against OpenAI stake South Korea's currency chief says in talks with Japan, allies Researchers say EU lawmaker who investigated surveillance was hacked by Israeli spyware Blast at Damascus cafe kills nine, wounds 20, Syrian interior ministry says NATO plans to replace AWACS with Saab GlobalEye jets, sources say Iran's Revolutionary Guards say they killed Kurdish militants in northwest Iran Kuwait sharply boosts crude production in June after US-Iran deal, source says When Russia strikes, Kyiv's volunteer rescuers rush to help Russia set to import North Asian jet fuel amid fuel crisis, sources say Russian attacks kill 4, injure 10 in Ukraine overnight, officials say Russian fuel frustration rises as crisis bites Russian attacks kill three in eastern Ukraine, officials say Ukrainian drone injures two aboard Belarusian tourist bus travelling through Russia Europe targets shadow fleet tankers falsely using Cameroon flag, sources say Russia bombards Kyiv in deadliest strike this year, killing at least 30 Russia, after heavy strike on Kyiv, says it will keep increasing pressure on Ukraine India refiner Nayara's gasoline sold to Russia via traders, sources say Ukraine withholding promised drone technology as historical tensions rise, Polish minister says Germany charges Nord Stream suspect with attacking pipeline on behalf of Ukraine Sterling set for biggest weekly jump in 12 weeks on easing political risk, soft dollar Britain's services sector contracts sharply under strain of Iran war, PMI shows UK's Starmer apologises over forced adoptions, decries a 'stain on our history' Former UK pop star Gary Glitter charged with non-recent sexual offences UK's likely next leader Burnham says he has not decided on finance minister Britain scraps planning consultation requirement to speed major infrastructure projects UK culture minister Nandy quits Musk's X, citing abuse and misinformation UK watchdog's car finance redress scheme partly suspended ahead of legal challenges Two teenage rapists given four-year detention after UK appeal US judge halts Philadelphia's 'ICE Out' ban on masked federal law enforcement agents Trump administration cannot hold migrants without bond hearings past 90 days, court rules Watchdog faults Secret Service for missing 102 radio calls during 2024 Trump shooting Air Force to investigate officer who called for Trump impeachment California man admits sending fake ransom notes in Nancy Guthrie abduction Tibetan man dies after setting himself on fire near UN headquarters, activists say Tesla driver charged with manslaughter over crash into Texas home Ex-US Olympian indicted over alleged Reflecting Pool vandalism Global equity fund inflows rise as investors add tech stocks after market dip US job growth slows sharply; labor force participation rate at more than 5-year low EU trade with US hits record high despite tariff tensions, study shows Trump Jr's 'Amazon of guns' could make millions under new proposed firearm rule Meta's Zuckerberg says AI agent tech progressing slower than expected Global stocks climb as US jobs data cools Fed hike fears Trump administration and Anthropic have not discussed the government taking a stake in it, source says In Mojave Desert, startup JetZero builds novel plane to take on Airbus and Boeing KNDS listing delay spotlights jitters over defence industry ramp-up Canada aims to announce 10 countries backing global defence bank at NATO summit Defense startups raid auto and fracking sectors for parts to speed weapons output Tankmaker KNDS puts off IPO citing tough defence market conditions Dutch military invests millions in drone software platform Automakers tap America's 250th, World Cup to rev up patriotism Tesla quarterly deliveries set record; European recovery raises hopes of annual growth EV maker Rivian raises 2026 delivery forecast on strong demand, shares soar Nissan CEO’s US mission: shed rental-car image Lucid names new CFO in latest executive shakeup, misses quarterly delivery estimates Ford US second quarter sales fall 10% Canada, Alberta announce new west coast oil pipeline to boost exports Heat dome poses woes for largest US power grid beyond data center boom Norway's unions agree wage deal to avert strike at offshore installations Energy profits lift Europe earnings outlook Canada's Carney says pact with British Columbia maintains northwest coast oil tanker ban Swiss glaciers rapidly lose protective snow in punishing European heatwave Firefighters battle blazes in southern France after European heatwave Barcelona introduces heat-monitoring bracelets for its outdoor workers Heat wave caused some 480 excess deaths in Netherlands, health authorities say Indonesia weather agency urges farmers to make adjustments to cope with extreme dry weather India's capital announces permanent anti-pollution curbs for toxic winter months Hungary to launch new pollution watchdog for EV battery makers Julius Baer appoints Peter Burrill as CFO OpenAI proposes handing Trump administration a 5% stake, FT reports JPMorgan cannot stop paying Charlie Javice's legal bills, Delaware judge rules 'Trump accounts' for youth will accept stock donations, US officials say Morgan Stanley, Goldman Sachs to match $1,000 contributions to Trump accounts opened for employees' children AI hopes and fears dominate global central bank meet Hedge funds reap June gains by piling into short bets but lose on oil, sources say FDA probes anesthesia-linked neurological complications in some patients of Venezuelan ancestry Trial for Bundibugyo Ebola treatment starts in DRC, WHO says Malaria fears grow in Congo's Ebola outbreak hotspots BioNTech has held talks with buyers over four German sites set to close, Handelsblatt says Race for rapid Ebola test narrows to five potential manufacturers WHO declares hantavirus outbreak linked to cruise ship over US to give Tanzania $1.3 billion under five-year health pact Missouri jury sides with Enfamil maker Mead Johnson in case over preterm baby formula AstraZeneca signs CSPC China deal for experimental kidney disease drugs Taylor Swift and Travis Kelce’s wedding fascinates, flummoxes media US Department of Homeland Security says it is probing a cyber breach at information-sharing network Google disrupts NetNut proxy network used in malware operations 'Married at First Sight UK' star arrested on suspicion of rape, BBC says Hong Kong bookseller Lam Wing-kee, once detained by China, dies in Taipei, report says Extreme heat could change the mix for European drinks makers 7-Eleven sues Nike over Air Max with Slurpee maker's colors Amazon to start initial Leo internet service this year as network nears 400 satellites US beef prices stay red-hot for summer cookouts Microsoft launches firm to help companies adopt AI with $2.5 billion Tesla's China-made EV sales rise 24.4% year on year in June US FDA approves Vertex's gene therapy for sickle cell disease in children as young as two MacRitchie to sell up to $200 million stake in India's PB Fintech, term sheet shows Trump reports over $1.4 billion in income from crypto ventures BHP workers approve Pilbara labour deal, unions cite lingering concerns South Korean shops turn to robots, self-service to escape labour woes Stellantis half-year Italy vehicle production rises 13.7%, union says India investigating Tata data leak that exposed Apple iPhone secrets Chinese robot maker Unitree wins approval for $619 million Shanghai IPO China's June services activity slows slightly, private PMI shows Gold heads for weekly gain as weak US jobs data lowers rate-hike bets Los Angeles-area gas appliance ban upheld by US appeals court Gas plants for US data centers to be major source of climate change-linked emissions, report says Canada's AtkinsRealis anticipates Turkey's early nuclear assessment will be completed after summer Coming oil glut, Lag7 and the yen's 1980s flashback: The financial week in five charts China to cut domestic retail gasoline and diesel prices to near pre-war levels Dollar heads for biggest weekly drop since April as jobs data dims Fed hike bets Trading Day: Chips are down, and so are payrolls India's HCLTech wins $1.14 billion deal with European firm Australia orders in-depth review of Exxon-opposed Subsea7-Saipem merger Chinese copper foil maker Londian Wason New Energy Tech files for US IPO Lockheed Martin leads race for Advent's Ultra Maritime in $3.5 billion deal, FT reports ElevenLabs explores employee stock sale at $22 billion valuation, Bloomberg News reports Sandwich chain Jersey Mike's looks to public markets with US IPO filing China Resources New Energy more than doubles in debut after Asia's biggest IPO of 2026 Kuwait's KPC asks some oil pipeline bidders to form consortiums, say sources Russia's services downturn deepens as new business falls at fastest pace since December 2022, PMI shows US Treasury picks State Street, BlackRock and Vanguard ETFs for Trump Accounts British firms hold firm on price rises despite Iran war de-escalation - BoE French services sector contracted in June by more than forecast, PMI shows Italy ready to intervene on changes to ownership base of its insurance companies Blue Owl keeps withdrawal cap as redemption requests remain elevated India's Skyroot Aerospace readies country's first private orbital rocket launch Bridgewater's flagship macro fund gains 8.1% in first half amid market volatility, sources say Euro zone services sector contraction eased in June as inflation cooled sharply, PMI shows Italy service sector returns to growth as cost pressures ease, PMI shows India's ICICI Bank to join peers in dollar debt funding under RBI swap window, sources say Cooling US jobs data buys the Fed and stock market more time Colombia president-elect seeks public debt refinancing Mapping the Market: After June stumble, S&P 500 bulls may see a path higher Brazil to phase out subsidy for diesel more slowly than for gasoline, minister says VIEW Job growth falls short of expectations in June Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares Uber-backed Lime rides IPO wave to $1.7 billion valuation in Nasdaq debut Wall Street ends choppy session lower as tech shares drop Net-zero champion Europe snared by climate change on its doorstep Trump administration aims to cut regulations on US commercial fishing Trump biofuel goals hit reality as US plants lag Volkswagen to scrap current bonus system as part of overhaul, Bild newspaper reports US considers proposal to cut Colorado River water use, Arizona says Here's why the South Pole froze over before the North Pole Amazon vows action against India delivery partner after fire probe concludes Genuine Parts receives bid from O'Reilly for auto unit, Bloomberg News reports Merz's reforms have potential - eventually - to boost German growth Germany's Merz unveils pension, tax and labour reforms Relocating 6 million Singapore bees and counting, one nest at a time Five charts that explain the energy world right now World Bank approves Morocco clean energy project after ending climate lending target New Zealand declares El Niño conditions, strong event likely US appeals court prevents firing of 19 intelligence officers assigned to DEI programs Trump wins court reprieve from restoring slavery, climate park exhibits US Supreme Court supercharges its 'shadow docket,' dividing the justices US legal sector jobs continued to climb in June Minnesota attorney general shuts unit reviewing wrongful convictions, cites Trump funding cut Judge blocks US Postal Service's proposed restrictions on mail-in voting LSD therapy biotech Definium fends off trade-secret lawsuit Kansas school district rejects accusation of violating law over transgender policy Alibaba to pay $600 million to resolve US drug sales probe Unions, others ask judge to block Trump administration's USDA overhaul Despite some big losses, Supreme Court rewards Trump's assertion of power As deportation protections end, Haitians confront fear and uncertainty Goldman names acting general counsel, replacing Epstein-linked Ruemmler who stays as adviser Judge blocks Colorado's first-of-its-kind price cap on Amgen's Enbrel Shopify settles copyright lawsuit over rival e-commerce platform Ex-EEOC member's challenge to Trump firing may be tossed after Supreme Court ruling LME metals whipsawed by war and peace in first half of 2026 Wall Street's aging bull meets an 'everlasting' US expansion Morning Bid: Churning chips Coking coal miners caught between India's surging demand and Australia's taxes Trading Day: Stocks dip as sluggish July shuffles in Google loses fight against record €4.1 billion EU antitrust fine A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turf Britain's Paramount-Warner review may be aimed at commitments, not a veto Germany's Deutz expects to triple energy unit revenue on AI-driven demand Blackstone's QTS terminates Digital Gateway data center project in Virginia S.Korea presidential office rejects Coupang, US claims of discriminatory treatment Germany seeks powers for spies to hack and disrupt attackers US House committee says South Korea discriminated against Coupang Satellite rescue mission to NASA orbiting observatory postponed Crusoe in talks to raise $3 billion funding, Bloomberg News reports Pick n Pay launches AI grocery shopping assistant in South Africa China's UBTech launches AI-powered lifelike companion robots Taylor Swift and Travis Kelce married ahead of NY celebration, report says Sailors, celebrities, soccer, sharks, sweltering sun all converge for a New York weekend Princess Kate watches British hopeful Fery fly the flag at Wimbledon Congo shirts to key chains, fans flock for World Cup mementos Fans keep up World Cup spirit in extreme Philly heat English pubs get 5 a.m. licence for World Cup game against Mexico Eliminated but not alone: Mexico City cafe becomes haven for World Cup heartbreak Unclear if French musketeer d'Artagnan's bones were found, research shows Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. 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