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Articles in this issue: Iran threatens to block more vital seaways Death toll in Thai pub fire rises to 32, officials say, with dozens still in hospital Russian strike on Ukraine's Odesa kills three as Moscow, Kyiv battle over Black Sea Israel kills four people in Gaza, including a child, medics say India-UK trade pact takes effect, promising tariff cuts and services boost Italy's coalition vows to pursue election law reform after setback Air India crash probe enters final stages after cockpit recorder, psychology reviews Briton jailed in Iran given additional two-year sentence, family says Turkey's ousted opposition leader says preparing for possible new party Iran-linked vessels pass through Hormuz ahead of US blockade US to block citizens in Congo from immediate travel home, citing Ebola Congo forms new council in push for war crimes justice MSF urges Ebola response scale-up as Congo outbreak nears 2,000 cases South Africa's financial regulator launches probe into state asset manager South African rand flat as traders await more US inflation data Ugandan farmer Mukiibi steers Slow Food beyond its Italian roots G7 urges halt to attacks in Sudan's El-Obeid, calls for wider arms embargo Dollar on back foot as softer US inflation dims Fed hike bets Cuba's national electric grid collapses for the third time in July Mexico files criminal complaints in US over migrant deaths in custody Peru approves $2.8 bln budget hike ahead of Fujimori transition Canadian home sales rise in June, prices unchanged from prior month Nepal court jails 2 former ministers, 14 others over refugee scam Misuse of driver-assistance systems biggest risk to road safety, survey finds OpenAI's first hardware device will be a speaker, Bloomberg News reports Death toll from Venezuela quakes rises to 4,734, government says ICE suspends traffic stops in wake of Maine fatal shooting, border czar says Explainer: Venezuela's complex and contested debt puzzle Australia's Perpetual gets sweetened $1.75 billion bid from EQT Eyeing valuation jump, investors prep bids for chip giant CXMT's $8.6 billion IPO Where authorities are restricting data centres amid AI boom New Zealand detects first H5N1 bird flu case, starts vaccination of endangered species Malaysia says residents at tech commune run by ex-Coinbase exec have valid travel documents How flammable decor and lax rules turned Bangkok pub into a death trap Nine killed in Pakistan-administered Kashmir clashes German engineering body urges broader EU duties, tougher action on China Apple Intelligence AI service registered with China's cyberspace regulator Stocks steady as oil surge offsets ASML boost to tech shares China's Q2 economic growth cools to 3-1/2-year low as imbalances worsen China turns to electric taxis to soften Hormuz oil shock VIEW China's second-quarter economic growth misses market forecast Taiwan's premium mangoes wing their way to Europe for the first time China new home prices fall at slower pace, but recovery doubtful UK police say former minister Widdecombe's murder was a targeted attack UK plans default midnight social media curfew for teens aged 16-17 UK approval for China's mega embassy in London challenged in court by locals Several dead in fire at Brussels construction site, authorities say Schools become battleground as Germany's far-right AfD eyes regional election Firefighters battle Fontainebleau forest fire near Paris as two arrested France showcases 500 pro-Ukraine troops at Bastille Day Kosovo bans Serb minister over ethnic cleansing remarks Files relating to India’s largest nuclear power plant Kudankulam exposed in data breach Brutal killing of 11-year-old highlights unrelenting sexual violence in India Indian missing after attack on ship off Oman coast is dead, family says India approves $13.3 billion for fresh semiconductor push Indian activist urged to give up hunger strike over exam leaks India's SBI Funds' $1 billion IPO fully subscribed amid bets on market growth Indian brokerage Groww posts quarterly profit rise on new client additions India's ICICI Prudential Life reports quarterly profit jump on strong premium growth US Senate Democrats block $1.15 trillion defense bill over Iran war objections After Hormuz, Iran turns to Red Sea gateway as new pressure point US supporting efforts to revive Iraq-Syria crude oil pipeline, US official says Japan to receive first Mexican crude cargo since start of Iran war Explainer: Who are the Houthis, Iran’s allies in Yemen? US resumes Iran port blockade Trump wants fees for Hormuz just like Iran - is that legal? Americans expect prolonged US-Iran war as ceasefire falters, Reuters/Ipsos poll finds Lebanon, Israel hold US-brokered talks in Rome to implement framework deal Houthis fire missiles at Saudi Arabia, breaking years of calm UK summons senior Iranian diplomat over alleged proxy attacks in Europe Trump says the US will take out Pickaxe Mountain in Iran Return to US-Iran hostilities is huge setback for civilians, UN rights chief says Trump drops 20% fee plan for Hormuz Strait in favor of deals with Gulf states EU aviation body reinstates Middle East flights warning as fighting resumes Detained Iranian fishermen freed in UAE, Iran embassy says Hapag-Lloyd says Hormuz cargo fee would be 'fundamentally wrong' Chemical tanker Stolt Magnesium hit by explosion off Omani coast, manager says Why has the Iran-US ceasefire memorandum frayed? India protests to Iran over killing of seafarer in Hormuz Tankers come under attack in Strait of Hormuz Oil traders call Trump's Hormuz bluff at their peril Israel allocates $434 million for 34 new West Bank settlements Israeli fire kills 10 in Gaza, including a 10-year-old, officials say UN official says Hamas obstructing aid in Gaza Japan refiners to diversify crude sources, explore support for Hormuz bypass routes Japan PM Takaichi says draft economic blueprint not cause of bond market rout Keeping cool, Tokyo style: Shorts, sneakers and no ties Kuroda's negative rate surprise shocked his own BOJ board, minutes show Japan manufacturers stay upbeat on chip demand, services hit by costs Alcoa greenlights Australia gallium plant with US, Japan and domestic backing Tower Semiconductor to invest $3 billion in Japan, backed by government grants NHTSA receives complaint related to some Honda minivan air bags Japan to clarify central bank independence in final economic blueprint, media says Most Gulf markets gain as US drops Hormuz shipping levy plan, softer US inflation Oil prices rise 2% as hostilities worsen in the Middle East Next Israel government must halt rise in debt burden, central bank  chief says JPMorgan expands EMEA corporate banking business in latest push on regional rivals UAE says Iranian missiles struck oil tankers in Strait of Hormuz, one sailor killed US Russia sanctions bill eases threat of tariffs on China and India Ukraine's prime minister steps down; Zelenskiy's critics see little point Major Russian petrochemical plant halted on July 14 after drone attack, sources say Lithuania says Russia is planning attacks on infrastructure Moscow mayor says 340 Ukrainian drones sent towards the capital, most downed Ukraine to buy Rafale jets, air defence systems under France deal Head of Ukraine's state weapons producer resigns after warehouse blast European defence groups unveil plan for homegrown missile shield interceptor Ukrainian drones attack big Russian petrochemical plant in Urals Ukraine and allies set up coalition to tackle Russia ballistic missile threat Russia says there can't be security guarantees for Ukraine without its involvement Russia accuses Ukraine of terrorism in Sea of Azov as Kyiv opens new front in war Russian anti-war politician says Kremlin is bent on stopping his election run Crimea's Sevastopol restricts power supply after Ukrainian attacks Can US Senator Lindsey Graham's Ukraine initiatives survive without him? Kyrgyzstan bans fuel exports indefinitely amid Russian supply fears UK economy needs budget discipline, OECD says as Burnham prepares for power UK's PM-in-waiting Andy Burnham calls for serious review of lawmakers' security UK's Bloomsbury Publishing holds forecast steady as AI deals support performance Ahead of likely exit, UK's Reeves defends record and stresses credibility Britain to test readiness for hybrid attack in biggest defence drill for decades How soccer has helped shape national identities in England and Argentina Trump to assert voting machine vulnerabilities in Thursday speech FDA examines produce items in US cyclosporiasis outbreak as cases rise US House passes bill to make daylight saving time permanent Civil rights leaders announce 'March on Washington' to defend voting rights Appeals court ends US oversight of Louisiana school system related to desegregation mandate 'Miracle on the Hudson' pilot has early-stage Alzheimer’s disease Maine Democrats, rattled by Platner's downfall, protest fatal ICE shooting Muslim man stabbed multiple times in Utah over his religion, police say US consumer inflation moderates; upside risks remain amid renewed Middle East conflict Stripe, Advent offer to buy PayPal for more than $53 billion Intel turns to next-generation ASML tool to help make its laptop chips ASML raises 2026 forecast, expands capacity on AI chip demand Apple wins dismissal of lawsuit over child sexual abuse material on iCloud UK's Dr Martens backs annual outlook on US wholesale demand Revamp of 'core' PCE measure could help Fed estimate underlying inflation, research says Boeing records highest first-half deliveries since 2018 Russia sends American and two cosmonauts to space station with rare NASA chief visit Frontier joins airlines betting on Starlink to lure travelers Embraer launches Phenom 300EV jet, deliveries due in 2028 China purges third Politburo member in deepening anti-graft drive Lucid rejects take-private, bankruptcy report after shares plunge BMW races to catch up in a Chinese EV market that won't slow down Volkswagen CEO flags 50,000 extra job cuts to staff as costs squeezed ASML financial guidance includes Terafab plans, CFO says Stellantis' Alfa Romeo plans launch of new mid-sized SUV by end 2027 China's exports ride AI boom as domestic economy struggles BMW to recall over 29,000 US vehicles over fire risk Thailand approves measures to bolster clean energy markets Trump cuts to clean energy linked to $83 billion in delayed or canceled projects Insight: Pollution from Musk’s unpermitted xAI power project hits hardest in Black communities US drivers may soon see pump prices climb back up to $4 Brent oil structure changes to reflect mounting supply risk as Iran tensions flare BP sees boost from energy prices in second quarter but flags $1 billion impairment LNG Canada offers five First Nations option to invest up to C$1 billion in Phase 2 storage tank ARC shareholders approve $16.4 billion Shell takeover deal Scientists sail for Greenland to study glacier melt risk Ten countries urge EU to rethink new carbon price on fuel Climate extremes increasingly 'normal' in Britain, Met Office says Trump administration sued by environmental groups for rescinding definition of 'harm' New York becomes the first state to impose a data center moratorium More than 260,000 evacuated as Typhoon Bavi brings severe floods Warren Buffett cuts off donations to Gates Foundation following Epstein revelations Wall Street bank earnings surge, lifted by trading and investment banking Goldman Sachs profit tops estimates on trading boom, corporate deal spree BofA rides market whiplash to trading records, deal activity shines Citi shares fall as investor worry over expenses overshadows second-quarter profit beat Wells Fargo beats profit on trading boom, loan growth Barratt Redrow bets on buybacks over dividends amid deep share discount UK's Workspace may ramp up asset sales amid tussle with top investor Saba Congo begins trial of Gilead's experimental antiviral for Ebola Bundibugyo Study flags need to monitor frailty risks with GLP-1 drugs for older adults US FDA approves Celcuity's breast cancer drug Yum's Taco Bell removes select items, says no confirmed link to US cyclosporiasis outbreak Global childhood vaccination rates climb amid rising outbreaks and conflict What to know about the US outbreak of cyclosporiasis intestinal illness WHO says it has less than half funding needed to fight Ebola Lionsgate Studios attracts takeover interest from Bollore, Banijay, sources say Writers Guild sues to block Paramount deal, saying it would hurt writers 'Heartstopper Forever' cast bids 'bittersweet' farewell to Netflix franchise US lawmaker questions if Paramount CEO pressuring CBS to air pro-Trump content California-led states sue to block Paramount’s $110 billion Warner Bros Discovery deal US state officials fear Paramount-Warner deal will squeeze local movie theaters Can prosecutors compel New York Times journalists to testify in leak probe? Fender escalates Stratocaster copyright fight, taking aim at Yamaha Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shines PepsiCo's turnaround stutters as Americans rethink snacking A hidden pipeline brings Amazon and Walmart to African shoppers UK watchdog clears eBay's planned acquisition of Depop from Etsy Discount retailer B&M hit by weak UK gardening season, shares fall ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents show Shein executive chairman to pass the baton as IPO nears completion Biogen's Alzheimer's drug lowers toxic protein, but results were mixed FDA approves at-home starter dose of Eisai-Biogen Alzheimer's drug Japan to recognise cryptocurrency as 'financial assets', NHK says UK to issue first 'digital' bond by early 2027, finance minister says Trump invested crypto gains in stocks and bonds, filings show Meta used AI to target workers with medical conditions for layoffs, lawsuit claims Thomson Reuters to cut 'small number' of engineering jobs Air Canada reaches new tentative agreement with IAMAW union SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb French antitrust watchdog to examine Orange, Iliad, Bouygues' SFR deal, sources say China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO, sources say Blackstone-backed AirTrunk eyes September, October launch for $1.5 billion Singapore REIT IPO, sources say Explainer: What is CXMT and how did it become China's DRAM champion? Gold slips as oil rally keeps inflation, rate outlook on investors' radar IEA warns EU methane law could limit bloc's oil supply options Major power line for New York City trips offline for second time in July Shallow Rhine set to rise after rain in southern Germany, transport costs still up Big Blue's bad day raises the bar for ASML Rupee edges higher; options market gauge turns most bearish in over a month Foreigners bought $132 billion of U.S. securities in May, Treasury says Perpetuals.com ends acquisition talks with Trump-linked crypto firm Pound marches higher as investors focus on UK politics Delivery Hero confirms advanced negotiations with Uber over potential takeover offer EU foreign subsidy rules may focus more on bigger deals amid red tape concerns Uber in advanced talks on Delivery Hero takeover, Bloomberg News reports Ireland's DCC set to accept $7.6 billion bid from KKR and Energy Capital, Bloomberg News reports SLB partners with Liberty Energy to supply modular parts, power to data centers China refineries seek less fuel oil as they opt for cheaper crude, sources say ECB policymakers take measured tone on price risks but urge vigilance Spain's final 12-month EU-harmonised inflation at 3.6% in June Bank of England's Bailey pushes back against deregulation BoE's Bailey says fresh Gulf clashes make outlook more unstable FTSE 100 closes higher as banks track strong US earnings ECB picks 36 payment firms for digital euro pilot Saba Capital becomes top shareholder at UK's Workspace amid reforms push Data center firm Switch taps banks for IPO that could value it up to $80 billion Italy picks antitrust expert to lead market watchdog Consob India proposes easing path for funds, insurers to raise bank stakes up to 10% China's DeepSeek considers raising more funds, reports say JPMorgan posts highest quarterly profit ever by a U.S. bank as dealmaking, stock trading surge European shares subdued as Middle East tensions offset ASML, Cartier results ECB's Kocher sees currently no second-round effects from Iran war, but bank is ready to act The future of UK's Thames Water depends on new PM, says CEO Fed's Warsh: Committed to both inflation and employment mandates Fed's 'ample reserves' approach is a focus of Warsh's balance sheet review Energy companies stand to gain as Iran war drags on Top Fed officials embrace cooler inflation reading, clamor for more Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop German media regulator says Google's AI Overviews subject to German media law Brazil's Energis8 eyes annual SAF output of 1 billion liters, CEO says KPMG Australia to cut hundreds of jobs and reduce partner pay, AFR reports US derivatives regulator blocks Kalshi from canceling Michigan trades despite court order CVS settles with FTC, agrees to count TrumpRx drug purchases towards insurance Portugal seeks high-value data centres, not to become Europe's dumping ground New Zealand study finds nitrates in drinking water may cause 120 premature births a year Low Rhine water levels pose cost and logistics threat to German industry, analysts say El Niño may test Latin America markets, with Colombia most exposed, UBS says BHP workers to proceed with strike after talks fail, union says US judge approves settlement with Keller's Bouchon Las Vegas of EEOC sexual harassment case Norway oil service workers end strike, industry group says US small-business sentiment rebounds in June, inflation a major worry for many Brazil temporarily raises mandatory ethanol blend in gasoline to 32% from 30% Development banks' climate funding hits record, but World Bank pullback looms E. Jean Carroll receives $5.63 million owed by Trump in sex abuse case US justices make rare Capitol Hill appearance to warn of threats against them US Senate confirms 3rd Trump personal attorney to serve as US appellate judge US judge blocks Trump administration's visa limits for social media researchers Trump prosecutor Jack Smith reviewed texts from 44 US lawmakers, Republican senators say California settles lawsuit against testing vendor over glitch-ridden bar exam Trump administration asks US Supreme Court to overturn ruling favoring Venezuelans' protections Dept of Justice launches new trade fraud enforcement unit Law firm Quinn Emanuel barred from antitrust case over client conflict Kirkland & Ellis trial win, $17 million fee award wiped out in computer chip trade secrets appeal US states tap private law firm Milbank to fight Paramount-Warner Bros deal Lawyer rebuked for misusing AI again in Roc Nation lawsuit US FDA sued for allowing unauthorized vaping products Key witness in US probe of Turkey's Halkbank avoids prison time Albertsons accused of overworking pharmacists, fueling opioid crisis as Washington state trial begins Lawsuit accuses BlackRock of overcharging mutual fund investors JPMorgan's Dimon says regulators should not set 'false' capital requirements So you want to build your own metals smelter? China's latest 'shock', German auto pain and the euro/yuan pressure cooker Turkey's hydro surge helps extend Europe's gas demand slump AI uncertainty is rising. So is investor conviction Morning Bid: Oil boils Why NATO should ask Ukraine for help China blunted Iran war oil shock, but can it do the same for fuels? AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk Pollution from Musk’s unpermitted xAI power project hits hardest in Black communities Wall Street banks see AI 'super cycle' set to boost deals, financing US to launch AI and cybersecurity coordination group, White House says US unseals charges, offers $10 million reward for info on Russian hackers UK banks' lack of Mythos access a wake-up call, says government AI adviser US official says Nvidia has begun shipping powerful H200 AI chips to China South Korean court suspends FTC designation Coupang founder Kim Bom as controlling entity Pentagon pauses cyber audit rule blamed for supplier exits EXCLUSIVE Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email shows SpaceX clears Starship mishap probe before next test flight this week China memory chipmaker CXMT aims to raise $8.6 billion in Asia's biggest IPO of 2026 so far Australia to establish government AI office, curb data centres' water use The US army veteran and the mystery Boeings flying Sudan’s war routes Inside RFK Jr.’s push to dismantle decades of US vaccine policy Britons buy clothes, fans and booze amid the World Cup heat Fashion designer Olivier Rousteing joins Rabanne 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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