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Articles in this issue: French lawmakers back farm bill despite pesticide outcry Houthis announce Saudi naval blockade, threatening new front in US-Iran war ASEAN top diplomats meet, voice 'serious concern' over Middle East hostilities Israeli airstrike kills family of six in Gaza, medics say Philippines, China summon each other's envoys over South China Sea incident UK's Burnham targets lower energy bills in first move as PM Lebanese army deploys in southern town after Israeli withdrawal, official says Modi calls for foolproof exam system in India after youth protests Overwhelmed by heatwave, French undertakers struggled with excess deaths French lawmakers vote on social media ban for children South African rand gains as oil prices fall on U.S.-Iran mediation hopes South Africa gets $1.5 billion World Bank loan for infrastructure Senegal's Faye backs ex-president Sall's bid for UN top job, ministry says Sao Tome and Principe President Vila Nova wins second term, preliminary results show South Africa opposition proposes law to curb political influence at PIC Mali insurgents ambush army convoy, source says more than 50 killed Stocks rebound as Mideast mediation pushes oil lower Dollar softens as investors weigh Middle East jitters against inflation data Oil prices fall 1% after mediators propose US-Iran ceasefire Houthi Red Sea blockade would lift oil prices, but workarounds could limit impact Son of Brazil's former President Bolsonaro secures US green card Haitian children jailed for years without facing judge, UN official says Chinese car sales in Mexico surge despite new tariffs Dozens feared dead after passenger ferry sinks off coast of Guyana At least six dead and 21 injured after 2 earthquakes in Peru Nicaragua's Ortega says the country will no longer hold elections Alsea lowers 2026 earnings growth forecast on weak spending, currency headwinds US imposes new 50% tariffs on $20 billion worth of Canadian products Ontario wildfires expand as smoke lingers in parts of the US Mexico economy to grow less than previously expected on trade concerns Sri Lanka uses air force drones to tackle spreading dengue outbreak Japan protests Chinese live-fire drill in nearby waters At least 15 Indian workers trapped after tunnel blast kills 10 JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan Indonesia parliament passes bill to set up international financial centres South Korea's Lee accused of skirting his own loan curbs with sale of apartment South Korea probes diplomatic academy hack, eyes possible North Korea link Ant International raises $1.2 billion in global expansion push Indian steelmakers pivot home as Europe tightens imports, China squeezes margins Morning Bid: Oil trumps AI Philippines' Marcos names new military chief Three Chinese injured in drone attack on Moscow Taiwan to slow mobile internet in civil defence drills as China threat grows North Korea, Russia foreign ministers hold strategic talks in Moscow, KCNA says Police clash with protesters in Bologna after man dies during arrest attempt Ukraine's Zelenskiy meets commanders as street protests mount German investor morale rises more than expected in July, ZEW finds Romania says ship heading to Ukraine struck off its coast UK borrows less in June but fiscal challenge for Burnham remains huge Hungarian chess legend Judit Polgar declines nomination for president Man charged with murdering former UK minister Ann Widdecombe, motive still unclear India court allows activist Wangchuk to be moved to private hospital, legal website says India summons senior Russian diplomat over killing of four Indian ship crew Pernod withdraws court challenge against $314 million India tax demand Indian Oil Corp cancels Iraq oil lifting amid attacks, sources say Indian shares muted as firmer oil, HDFC Bank losses counter earnings-driven gains India's SBI Funds jumps 9% in debut as investors bet on industry growth India's TVS Motor quarterly profit jumps 51.4% on strong demand for premium brands After deadly weekend for US troops, Trump vows revenge against Iran US attacks deepen hardship, not dissent, in Iran's restive south Why oil prices haven't gone crazy How a Houthi blockade in the Red Sea tightens Iran's grip on energy supplies US pump prices cross $4 again on renewed Middle East fighting Tanker crew abandons vessel after reported projectile strike in Strait of Hormuz, UKMTO says US military completes its latest strikes on Iran, marking the 10th successive night of attacks Hormuz vessel crossings extend slide on fresh US-Iran attacks Israel says pilot safe zones begin in southern Lebanon Red Sea war insurance costs rise after Houthi blockade, sources say Oil transfer activity in Gulf of Oman slows following ship attacks, data shows Yemen's Houthis declare naval blockade against Saudi Arabia Iran to restore 100 million cubic metres of lost gas output in coming months, official says Mediators propose 10-day ceasefire to revive Iran-U.S. interim deal, senior Iranian official tells Reuters Oil settles 1% higher as hopes of renewed US-Iran negotiations offset Houthi threat Two Dynacom Tankers vessels attacked off Oman amid escalating US-Iran war Forget crude. War pushes refiners to the brink US renews strikes on Iran after attack kills two military personnel Few tankers enter Hormuz to load oil, LNG floating storage rises, data shows In Gaza, a mother's hunt for water lays bare a worsening health crisis Hamas names Khalil Al-Hayya as new overall leader NEWSMAKER Who is Hamas' new leader Khalil Al-Hayya? Nissan to recall about 168,000 US vehicles over incorrect weight rating labels Japan bond jitters overshadow Takaichi's first economic policy roadmap China's heavy rare earth tap stays closed for Japan in June Suzuki's no-frills cars once ruled India. Then buyers demanded frills. Japanese mayor makes history with maternity leave that caused a stir Lebanon's Aoun to meet Trump at White House, hoping to generate pressure on Israel Saudi condemns Houthi maritime blockade threat; group warns of escalation Netanyahu will not be arrested in US, Trump says, as New York mayor mulls options Russian attack on corn ship off Ukraine's Odesa kills 10 Russia pounds Kyiv in major ballistic missile attack Four Indians killed in attack on ship leaving Ukraine's Odesa, New Delhi says CPC oil loadings suspended again after drone attack on tanker Nelsa Ten wounded as Ukrainian drones strike Moscow region Russian strike on cargo ship in Black Sea kills 5, Kyiv says On the day Burnham becomes PM, a northern city loses trains to London Weak UK jobs market holds steady as new PM Burnham takes office Thames Water creditors propose 'golden share' to avoid nationalisation Key ministers in new UK leader Burnham's cabinet UK grocery inflation eases in boost to shoppers UK's new government seeks to boost fighter jet program with Canadian partnership Sterling holds its ground as markets assess new UK finance minister Healey New York army veteran in custody after fire set outside ICE offices Trump administration sued by rights groups over attempted childcare funding cuts Diplomatic efforts seek to avert Trump split with UN refugee agency Darline Graham to run for full term to replace her brother in US Senate US FDA continues investigating Taylor Farms as cyclosporiasis cases mount Five people dead in apparent mass drowning in Ohio river Trump orders tightening of defense supply-chain waiver rules Trump-aligned MAGA Inc builds stockpile of more than $400 million US Justice Department says UC San Diego's medical school favors Black, Hispanic applicants Wall St futures gain on Iran ceasefire hopes; earnings in focus Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push Emirates' Clark wants Boeing 777-9 in 2027, urges plane makers to be more ambitious US judge approves Anthropic's $1.5 billion settlement of copyright lawsuit As Russia deploys jet-powered Shaheds, companies turn to faster interceptor drones How PayPal went from Wall Street favorite to unwilling merger target Boeing asks US to intervene over record EU loan to Airbus Defence group Thales announces deal to supply optronics vision systems to Germany Air Force One's Qatari jet needs security upgrades, experts say, but ask if a month is enough time UK weapons maker stocks rise after former defence secretary appointed finance minister Private investors must pile cash into defence to fill public funding gap, executives say US senators at airshow to reassure foreign defense contractors, urge tariff-free trade GE Aerospace unveils breakthrough in hybrid-electric flight Electric cars became cheaper in Germany despite rising average prices Samsung Electronics creates robotics division; ex-Hyundai executive to head strategy Farnborough opens with Boeing, Airbus orders and air defence focus Archer, Anduril unveil autonomous aircraft platform for defense, commercial markets China's world-leading renewable megabases rely on coal-heavy transmission, report finds ADNOC greenlights $6.2 billion Umm Shaif Gas Cap project Vaar Energi to buy BlueNord in $1.33 billion oil and gas takeover New Zealand gas exploration interest picks up after years in doldrums Burnham to cut taxes on electricity bills Chevron shuts in US Gulf platform in preparation for developing tropical storm Investors see pollution plan silver lining in EU carbon overhaul Spain's largest wildfire of the year burns for a fifth day as new heatwave looms Danube water levels reach lowest in 30 years, hampering farming and shipping In China, people brave simulated typhoons to prepare for the real thing Climate-focused regeneration breathes hope into a long-neglected Rome suburb EU waives penalties for oil and gas firms that breach methane law Chinese rescuers use explosives to clear boulders trapping landslide victims European banks set for profit boost from lending, trading windfall KPMG Australia taps insider as CEO in wake of audit leak scandal German firms' 'Made for Germany' investment initiative pledges €800 billion Recruiter SThree's half-year profit plunges as AI, war weigh on hiring Euro zone banks tighten credit access on war fears Mexican investor David Martinez sells 1.6% stake in Sabadell Julius Baer net new money beats expectations, but de-risking clouds outlook Capital One defeats lawsuit alleging excessive credit-card rates What has made the cyclospora behind the US outbreak so challenging to trace? Japanese drugmaker Takeda's Qdenga becomes first dengue vaccine approved in India Novartis beats forecasts with $6 billion profit as it navigates expiring patents Granules India's first-quarter profit surges as margins improve Tempus to buy cancer test maker Personalis for $1.5 billion Cardinal Health to buy AdaptHealth diabetes unit, Strive Medical for $360 million Paramount Skydance ordered to pause Warner Bros acquisition through August 3 AMC posts surprise profit as summer blockbusters boost US box office 'The Odyssey' brings in $264 million in worldwide ticket sales NASA says Artemis III mission on schedule as Blue Origin repairs launchpad Could AI chip boom make ASML Europe's first trillion-dollar firm? SpaceX moves Starship launch attempt to Thursday AliExpress hit with $629 million EU fine over sales of illegal, counterfeit products Permira-backed womenswear retailer Reformation targets $1 billion valuation in US IPO Mattress company Sleep Number sells assets for $700 million in bankruptcy Domino's holds annual sales forecasts as value-seeking diners pressure growth Primark cuts prices ahead of split from AB Foods ASML to offer employees €20,000 retention bonus for staying in 2027-2030 Samsung cuts US jobs, offers relocations ahead of HQ move Morning Bid: Canada's tariff surprise Indian rupee's return to near-record lows reflects RBI debate on intervention Beaten-down Indonesian stocks feel the love as AI rally cools India's push away from options fuels boom in leveraged stock bets RBI's inflow push gets off to strong start, fortifying India's balance of payments IMF says oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth China's Zhongji Innolight plans $8 billion Hong Kong IPO, sources say Gold rises 1% as hopes for US-Iran diplomacy pause oil rally Indonesia to issue $1 billion panda bond sale on July 23 US 'deeply concerned' after EU eyes carbon price for international flights The EU's plan to overhaul its carbon market Chocolate maker Lindt may cut prices in some countries to stimulate growth European shares inch higher as easing oil prices lift sentiment, earnings awaited Danantara Indonesia unit says 'soft launch' of commodity export system to begin in September Rupee firms as oil retreats, traders gauge flow momentum under RBI measures London Stock Exchange to launch round-the-clock trading next year UK's Frasers boosts Hugo Boss stake over 30% mandatory bid threshold UK contractor Mitie agrees to $4.2 billion takeover by PE-backed rival, shares jump Volkswagen nears sale of stake in its India unit to JSW Group, Bloomberg News reports UK's IP Group rebuffs Railpen's revised 71.3 pence proposal UK's BT Group shareholder sells substantial position in $224 million offering Russian steel magnate sells shipping firm operating in Sea of Azov, sources say India's Arvind Fashions posts nearly 24% drop in quarterly profit on higher expenses India's Bajaj Auto posts quarterly profit rise on strong export demand 'I couldn't breathe': South Korea's frenzied stock trading exposes margin loan risks How Korean stocks turned from trusty bellwether to AI frenzy Swatch reports stronger sales, but profit miss hurts shares Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say Chipmakers head for big profit gains, but will it be enough? IMF approves $690 million for Ukraine after review Trading Day: War clouds darken Mapping the Market: Sterling's rally against Canadian dollar may pause Canada's annual inflation rate cools below forecast on cheaper fuel Wall Street indexes fall, with Iran and earnings season in focus Meta faces Tennessee trial over allegations Instagram was designed to be addictive KPMG Australia fines staff up to $126,000 for 'unacceptable' misconduct in audit scandal Diageo chair plans board shake-up, FT reports BHP, Port Hedland union make progress, talks to resume next week Flash floods kill 20 in Afghanistan, 100 missing, authorities say Portugal, Morocco push for EU funds, private investors for power link UK's Thames Water creditors prepare legal challenge if Burnham pursues nationalisation Floods, landslides across northern India kill at least 25 UK finance firms sharpen staff scrutiny as new misconduct regime looms Portugal's migrant curbs hit construction firms working to solve housing crisis Europe bets big on electrification. Now it needs people to plug in Energy Watch: No summer lull India says no plan now to raise ethanol mix in gasoline from 20% America's power grid is choking on costly congestion US DOJ says it is probing Harvard over financial aid programs Boeing class action over MAX 9 blowout decertified by US appeals court Trump administration seeks to bar law firm Susman Godfrey from lawyer group's lawsuit Mexican drug kingpin Ismael 'El Mayo' Zambada sentenced in US to life in prison Moderna says CureVac broke agreement by suing over COVID vaccine patents Trump calls for review related to scientific manual used by judges Crime gangs snare more than $88 billion in scams in Asia-Pacific, UN says Trump administration discloses subpoenas to law firms in fight with US lawyer group Short seller Muddy Waters says Quinn Emanuel betrayed client loyalty in Techtronic lawsuit Ex-CEO of social media startup contends prosecution conflicts taint fraud case JetBlue wins auction for Spirit's LaGuardia flight slots Burnham kicks off UK premiership with lucky breaks. Investors hope they last China's steel sector looks weaker than it is, reverse for iron ore Korean stock volatility comes to America. Can Wall Street take the heat? Morning Bid: The most violent ceasefire What is China's next surprise for oil markets? Lower imports, higher fuel exports? China considers tighter export controls on AI models and chips, FT reports TSMC to raise chipmaking prices by up to 10% in 2027, Nikkei Asia reports Power, water needs test South Korea's push to build AI chip hub beyond Seoul Chipmaker IQE raises annual sales growth forecast on AI, data centre demand Head of US AI safety agency resigns Google plans new chip to run Gemini models more efficiently, the Information reports India markets regulator penalises depository over 2022 malware attack How a dispute over e-commerce firm Coupang is testing US-South Korea ties China, Thailand eye deeper tech cooperation to drive 'prosperous shared future' Bristol Myers buys Nvidia's latest AI computing system for drug research Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus United Imaging Intelligence not undertaking an "extreme" AI rollout, says co-CEO Trump claims voting by noncitizens is rampant in America. The numbers tell another story. Guardiola's office contents, including coffee cups and ceramic turtles, up for auction Madonna, BTS and Bieber bring star power to World Cup halftime show 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.