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Articles in this issue: Iran renews attacks on Gulf states after another night of US strikes Trump blames Canada for wildfire smoke, says he will add cost to tariffs Trump team scrutinized election agency over 2020 vote before firing its leaders Ukrainians protest for second day, call to replace army chief Fasting Indian activist shifted to hospital, police say Ukrainian drone attacks kill seven warehouse workers in Russia, spark fire at Moscow region oil depot India's Skyroot launches Vikram-1 in first private orbital rocket mission Germany upgrades security stance to 'high threat level', interior minister tells paper Smoke, fire, floods: US faces triple extreme summer weather threats Flash flood kills 4, leaves 4 others missing in Vietnam Twenty pupils die in Uganda bus crash, government bans all school outings UN sanctions armed groups' leaders in eastern Congo Novo Nordisk to launch lower-cost Ozempic copy in South Africa Aid group says seven Americans quarantining at Kenya Ebola facility after US travel ban Dangote Refinery raises $2.5 billion in private placement, executive says Botswana says Anglo picks De Beers buyer, weighs options for "optimal structure" Spark from air conditioner caused deadly Algeria orphanage fire, state TV says Transport of dead bodies within Congo risks further Ebola spread, UN agency warns Zimbabwe's sole lithium salt plant unable to process third-party metal, official says Cuban dissident artist to go into exile in US after five years in prison Canada will not share bridge tolls with US until debt repaid, Carney says Colombia's Ecopetrol says cyberattack stole data tied to 3,300 accounts Brazil justice suspends visits to ex-President Bolsonaro for 30 days Brazil unveils credit package for rural sector hit by U.S. tariffs Strong quake off Mexican coast rattles Guatemala and El Salvador, but leaves no damage Taylor Farms, Sysco pull iceberg lettuce from central Mexico linked to US parasite outbreak Pakistan cargo crash families push for international help to find black boxes Diver injured in shark attack off Tasmania coast India joins select group of nations operating hydrogen-powered trains Taiwan must heed calls to share responsibility for 'collective defence', president says US lifts some Hong Kong sanctions imposed by Trump, autonomy status unchanged Chip stock pullback sparks worries about AI rally strength, leveraged trades What is Pakistan military's strength and capability? Pakistan and Kuwait discuss expanded defence pact Federal employees can download TikTok on government devices, DOJ says China tells automakers to boost safety, quality checks Rubio expected to discuss Trump-Xi summit in Asia meetings Chinese airlines order 95 Airbus jets with list price of $17.8 billion to expand fleets Global equity funds draw inflows for the eighth week on earnings optimism US to tighten visa regulations for foreign students, journalists China calls US visa regulations 'discriminatory', threatens countermeasures 'Bloodbath': Analysts react to Asian shares sinking on tech selloff Trump puts election security at center of Republicans' midterm fight Andy Burnham becomes British Labour leader; next stop — prime minister Brenda Fricker, Oscar-winning Irish actress, dies aged 81 More than 100 homes destroyed in Norway fire Polish president vetoes bills that would have improved rights of same-sex couples UK finance firms sharpen staff scrutiny as new misconduct regime looms Hungary channels water to protect UNESCO bird haven amid drought Sanctioned tanker is leaking oil near Oman, according to satellite images and experts Venice protests greet U.S. Ambassador Fertitta's arrival on superyacht France, Germany expand defence partnership as Europe seeks more military autonomy Lord's ODI will not be Rohit's last, says BCCI secretary India's Axis Bank report 23% rise in Q1 net profit, beating estimates Ambani's Reliance beats profit view on oil-to-chemicals, telecom strength India's Yes Bank reports 34% jump in profit on higher loan growth India's Kotak bank reports 26% jump in Q1 profit, beats estimates Top US prosecutor will not dispute DOJ decision to drop Indian tycoon Gautam Adani's criminal case India approves Novo Nordisk's obesity drug Wegovy for fatty liver disease Trump threatens new Iran escalation and risks repeating old mistakes Western oil companies see 'fantastic' future in Iraq, sign agreements US and Iran target infrastructure as strait shipping comes under further attack US military says it completed latest strikes on Iran, marking 7th consecutive night of attacks Iranians suffer new uncertainty and anxiety as US steps up attacks Iran strikes eastern Syria, in first such attack during current war UK police charge man over Iran-linked spying offences Strait of Hormuz transits drop as US and Iran escalate attacks across Gulf Germany proposes EU force to replace UN mission in Lebanon Trump could get a lesson on Iran from an unlikely source — emus China's oil imports have plunged during the Iran war. How much will they recover? Iran and US step up attacks, release of American in dispute US House Republicans push forward on Trump funding plan for Iran war, election overhaul US military says it completed latest strikes on Iran, marking 6th consecutive night of attacks Qatar says Iranian missile attack thwarted, child injured Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says Dubai media office says no sounds of 'explosions' in downtown Dubai Israeli strikes kill Palestinians attending Gaza funeral for earlier strike victim Hitachi Energy signs deal to develop electrical infrastructure for Eve's 'flying car' Japan PM vows to pursue steps to encourage domestic investment by GPIF Japan's ruling party warns about suspected collusion between activist investors and private equity Japan June core inflation seen at 1.6% on elevated energy prices: Reuters poll EXCLUSIVE JERA begins study on US listing as it steps up overseas expansion, sources say Yen likely to weaken past 170 before Japan's growth bet pays off, RSM's Brusuelas says Japan to leave monetary policy tools to BOJ in economic blueprint, document shows Suspected pirates seize tanker off Yemen coast in Gulf of Aden, sources say Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure Saudi PIF set to win EU nod for Electronic Arts deal under subsidy rules, sources say Russian courts target two outspoken critics of war in Ukraine Ousted defence minister lays bare rift at heart of Ukraine's war effort Exxon-chartered oil tanker attacked by drones near Black Sea terminal Russia intensifies strikes on Ukraine Black Sea ports, killing three Fuel crisis, attacks in Azov Sea tighten squeeze on Russian farmers EU imposes sanctions on Russian executive, five companies over drones Zelenskiy taps new defence chief in bid to quell political crisis Russian and Ukrainian attacks kill at least 13, officials say Ukraine's Naftogaz appoints Fedorenko as CEO Greece says EU sanctions against Russia risk ceding LNG market share to rivals Russia and Ukraine strike vessels in Black Sea, wheat prices jump From defeat to Downing Street: Burnham's rise, fall and return Burnham bets political future on remaking Britain's centralised state Northern Ireland's Donaldson seeks to appeal convictions for child sex offences UK's FTSE 100 rises on utilities, energy boost; Burnham becomes Labour Party leader What is Burnham's policy approach for Britain? UK's Burnham says greater public control of essentials needed to tackle inflation Flower rules himself out of contention as England test head coach DHS threatens states with fines, charges over election measures US appeals court strikes down New Jersey's assault weapons ban on AR-15s Prosecutors file attempted aggravated murder charges in stabbing of Muslim man in Utah GEO Group worker arrested in shooting of protester at Colorado ICE facility FCC commissioner says Trump call to revoke ABC, NBC licenses is unconstitutional Maine Democratic Senate candidates brand Collins a Trump enabler in debate Trump back in World Cup spotlight after starring role in tournament's controversies Apple unseats Nvidia to become world's most valuable company as AI bets shift Netflix earnings forecast disappoints Wall Street, shares tumble Wall St ends lower for the day and week as chip selloff broadens SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler US judge won't block Meta from laying off workers who filed AI discrimination lawsuit GameStop owns nearly 10% of eBay, SEC filing shows Boeing keeps 20-year forecast for jet demand steady, shrugs off Iran war impact Fed rate-hike voices swell before July decision, rates still seen on hold Wars shift focus from jets to weapons at giant Farnborough Airshow SpaceX targets next week for another Starship launch attempt as shares slide on abort US to take lead in probe into Ryanair Boeing 737 engine failure over Greece FAA restores Boeing authority to certify 737 MAX, 787 planes FAA chief vows fast time-table to reform US air traffic control systems Latvia in talks with strategic investor for ailing airBaltic, PM says Germany detains Moldovan for flying spy drone over arms maker KNDS, source says Aston Martin says it is in talks for potential funding to boost liquidity VW workers to grill CEO on overhaul threatening 140,000 jobs, works council says Volvo Cars sees stronger second half despite steep China decline, rising costs Zoox recalls self-driving cars because they may not detect smoke Truckmaker Volvo's second-quarter profit rises, North America orders jump US energy firms boost rig count to highest since April 2025, Baker Hughes says US proposes lease of seabed mining blocks off American Samoa coast ConocoPhillips joins BP in Iraq as Baghdad seeks more US energy investment Panama bids for full ownership of strategic oil terminal Explainer: Why is Canada's wildfire smoke blanketing parts of North America? Landslide kills eight in southwest China's Chongqing, 34 still missing Flooding prompts evacuation of 141 residents in Zhengzhou zone Two dead after thunderstorms hit France, tens of thousands without power Chile storms kill three, displace hundreds as heaviest rains expected Wildfire smoke to have minimal impact on World Cup final PayPal board sees Stripe-Advent offer as inadequate, sources say Trump Media pitched $100,000 monthly fee for fastest feed of US president's posts, sources say JPMorgan sexual harassment lawsuit dismissed, refiling expected Private credit roundup - Discounts show the cost of getting out BofA names senior executives to drive AI adoption in global markets-memo US regional banks brush off war jitters with lending surge, fee boost EU plans measures to help EU banks build scale and compete with US rivals Michigan reports 5,002 cyclosporiasis cases as officials seek outbreak source US restaurant chains hit by foodborne illness outbreaks GSK stops development of chronic cough drug after late-stage trial miss Intuitive Surgical falls as Obamacare concerns rekindle medtech demand debate As life expectancy rises, talks start on a UN treaty to protect older persons US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees Musk's SpaceX in talks to supply the Pentagon with computing power, WSJ reports Marvel Comics to move publishing operations to California, source says Meta, Anthropic in talks for potential $10 billion compute lease deal, source says Rolling Stones match Beatles with 15th UK number one album Musk's X, major labels end dispute over music on social-media platform Chipotle is entering the land of the taco. Will Mexicans bite? Burberry's Europe sales hit by Iran war while US and China grow Taco Bell to stop using lettuce identified with cyclosporiasis outbreak Walmart names Kinnard to replace departing US COO Shanahan, memo shows How a dispute over e-commerce firm Coupang is testing US-South Korea ties India's Serum Institute partners with Gates MRI to make experimental TB vaccine Lagarde, Google and Messi chase their goals Electricians at BHP's key Australian iron ore hub vote for work stoppages France blocks access to Polymarket website Truth Social to sell trading firms 'fastest' access to Trump's posts China set to leave benchmark lending rates unchanged for 14th month in July India's Federal Bank flags 1.5-2% of net worth hit from new RBI norms Rupee logs sharpest weekly drop in nine as oil price jump stings China's Zhongji Innolight nears Hong Kong listing of up to $7 billion Japan's Nikkei slides into correction zone on tech selloff, Middle East conflict Shein secures nod from Hong Kong listing committee for IPO, sources say India to launch headline services output index within months, statistics secretary says India's Wipro slips as weak forecast deepens growth slowdown fears The EU's plan to overhaul its carbon market Explainer: What is the EU's emissions trading system? Brazil finance chief pledges reciprocity, not retaliation, after new U.S. tariffs Morning Bid: Chips and ships Indonesia central bank says it is monitoring banking liquidity Sterling dips but on track for weekly rise as Burnham poised for power Euro zone's current account surplus widens Back to square one: Five questions for the ECB Morning Bid: Chipped away UK's IP Group gets sweetened takeover offer from top investor Railpen 7-Eleven owner's shares jump as Zabka talks burnish Europe expansion push Coles ends talks with TPG Capital over Greencross buy, shares jump The economic goal that never came: World Cup falls short of boosting Mexico US equity funds suffer outflows as chip stocks slide How Korean stocks turned from trusty bellwether to AI frenzy Bank of England says action needed on gilt repo market regulation Yara says higher fertiliser prices boosted margins but hurt volumes Among AI crowd, some investors position for slower hyperscaler spending growth World stocks fall in semiconductor rout; oil rises on Middle East escalation Trading Day: Sinking chips US consumer sentiment improves in July; renewed Middle East conflict poses downside risk US manufacturing output unchanged in June, but accelerates in second quarter US import prices unexpectedly rise in June India's SP Group completes long-delayed debt fundraising, sources say BP, ConocoPhillips to back Iraq with major investments, CNBC reports Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources say Wall St Week Ahead Alphabet, Intel results in focus for AI trade as US earnings rev up Wall Street ends lower as chip weakness offsets solid earnings, economic data EU softens carbon market to ease pressure on industry Chanel says it is cooperating in Italy labour probe, has cut ties with subcontractor Americans are angry about data centers. Politicians are feeling the pressure UK regulator to probe TikTok on child safety measures Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports Clariant rejects Dow Europe's $1.3 billion competition law claim Indonesia president aims to increase sugarcane, bioethanol production Wildfires, drought and storms hound Europe even as heatwave recedes China to levy consumption tax on lithium-ion batteries and solar cells Tomra says recyclers delay investment despite looming EU deadlines Heat and drought cause water shortage in Netherlands, government says US companies face rise in cyber attacks DraftKings sues Philadelphia to end enforcement probe following subpoena, block consumer law Top EU court backs antitrust regulators' powers to seize employee emails EQT raises Kakaku.com offer price to 3,450 yen, topping rival bid Energy Watch: China’s oil fortress Big grain crops mask shrinking margin for error US judge says Trump administration cannot revoke grants that conflict with its priorities Top US tax lawyer forced out after White House clash over tax audits California, 19 other states back DC's power to punish Trump ally Clark Law firm Ashurst Perkins Coie hit with $50 million legal malpractice suit over failed deal US appeals court keeps in place Pentagon's escort policy for journalists US judge warns Justice Department about AI use in immigration case US judge rules beef purchasers can pursue price-fixing class actions US to revive rule that could deny green cards to immigrants using public benefits Blanche meets Epstein survivors after Tillis demand Judge rules US government's 2024 phone searches of Palestinian American violated his rights UN experts concerned by Trump's removal of immigration judges Trump administration discloses subpoenas to law firms in fight with US lawyer group California will use new national bar exam after failed online test Van Leeuwen wins trademark lawsuit against ice-cream rival over packaging Kioxia owes Viasat $229 million for infringing flash-memory patents, US jury says Trump's teleprompter operator under CFTC probe over potential insider trading Wall Street regulators propose new e-delivery for investor disclosures Financial week in five charts: Energy shock, chip winners and Fed relief How firms hit their numbers by any means necessary Weekend Reads: Resource wars, crude pricing and empires LME wanted more lead stocks. It certainly got them Global 'FOMO' keeps fueling Wall Street’s AI exceptionalism Indian regulator warns of 'boss scam', a cyber fraud targeting top executives Abbott investigates two separate cyber incidents, says no operations affected Xi pitches China as leader of new global AI order, challenging US dominance China's Moonshot unveils world's largest open AI model, closing in on US rivals Indonesia's copyright rewrite puts Google, AI platforms on notice Clover Health says employee accounts accessed in cyber incident Telstra CEO points to undocumented software change for outage in Senate testimony Trump's championing of debunked vote conspiracies casts shadow over midterms Coca-Cola says fairlife halts US production after cyber attack SpaceX's Starship rocket aborts before liftoff, Musk says launch probable next week South Korea-US team unveils robotic technology that dresses the wearer Databricks secures funding round at $188 billion valuation How to get a Trump pardon: Forget the DOJ, call “Bobby” and other influencers Baby Haaland in Peru: newborns take names of World Cup stars World Cup trophy to arrive in style in bespoke Louis Vuitton trunk Meals on wheels? Moet and F1 combine fine dining with a lap of the track Pele's 1958 World Cup final shirt sells for $4.9 million Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers.