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Economy

German Chancellor says he’s confident EU-US trade deal will come soon

The EU is working to avoid a tariff rate as high as 50% ahead of a 1 August deadline. It now appears that a 10% duty is on the table.

Markets

US copper prices soar after Trump threatens 50% tariff on imports

The 50% duty would match the rate placed on steel and aluminium imports. The president also said he plans to impose a tariff of up to 200% on pharmaceutical drugs.

USA

Epstein 'client list' does not exist, US Justice Department says

No more files related to sex trafficking probe into Epstein would be released, the government said, after attorney general promoted the "client list" theory.

Syria

US revokes foreign terrorist designation for Syria's HTS

Washington's move follows the lifting of sanctions on Damascus after the ouster of the al-Assad government in December in a rebel offensive.

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Economy

Trump sends tariff letters, placing 25% duty on Japan and South Korea

Higher tariffs had been set to come into effect on 9 July, although the US president has now moved this date to 1 August.

Lebanon

US envoy satisfied with Lebanon's response to Hezbollah disarmament

The latest Israel-Hezbollah conflict began a day after Hamas’ 7 October 2023 attack on southern Israel and intensified in September, leaving the Iran-backed group badly bruised and much of its political and military leadership dead.

Business

France’s Capgemini to buy WNS for $3.3bn to improve AI offerings

The acquisition comes as Capgemini seeks to expand its AI operations, and WNS will also provide more access to the US market.

Economy

Trump talks of new August tariff date and looks for more trade deals

The US president warned that tariffs would return to their higher rates on 1 August, after the proposed 9 July deadline.

Tech News

Elon Musk announces his own political party called the America Party

The announcement comes a day after Trump signed his sweeping tax cut and spending bill, which Musk has fiercely opposed.

Europe News

Threats facing NATO 'no match' for us, says new chief of military ops

The position of SACEUR has always been held by a US military general since its creation in 1951.

Tech News

What to know about ICEBlock, an app that tracks US immigration agents

“I really just wanted to do something to help fight back,” the app’s developer said.

Economy

What is in Trump's tax and spending bill that will soon become law?

The bill is set to massively widen the US’ budget deficit and leave an added 12 million Americans without health insurance.

USA

US Congress gives final approval to Trump's signature tax bill

Democratic leader Hakeem Jeffries of New York delayed voting by holding the floor for more than eight hours with a record-breaking speech against the bill.

USA

Trump and Putin discuss Ukraine and Iran in phone call, Kremlin says

Asked about his expectations from the call, Ukraine's President Volodymyr Zelenskyy said "I'm not sure that they have a lot of common ideas, common topics to talk (about), because they are very different people."

Economy

Super-wealthy on the move: Italy to attract 3,600 millionaires in 2025

Italy is the third most popular global destination for millionaires seeking tax advantages and a high-quality lifestyle, according to a recent report.

Gaza

US contractors claim colleagues fired at Palestinians seeking aid

Two contractors employed by UG Solutions spoke to the AP on condition of anonymity as they were revealing their employers’ internal operations.

Iran

Iran's nuclear programme set back by up to two years, Pentagon says

US and Israel's joint strikes on Iran's main nuclear sites have delayed its program by up to two years, according to the Pentagon's latest assessment. Meanwhile, Iran has suspended cooperation with the IAEA.

Culture news

Diddy denied bail after mixed verdict clears him of top charges

Diddy’s legal team have requested an expedited process after Judge Subramanian proposed 3 October as a date for the rapper’s sentencing in his months-long sex trafficking and racketeering case.

Culture news

Sean ‘Diddy’ Combs acquitted of racketeering and sex trafficking

Sean “Diddy” Combs has been found guilty of transportation to engage in prostitution but acquitted of the most serious charges – racketeering and sex trafficking of ex-partner Casandra Ventura and another woman referred to as "Jane". The heavily followed trial has been running in New York since May.

USA

Trump threatens Musk with DOGE and deportation as feud reignites

Former allies Donald Trump and Elon Musk have reignited their public war of words, just a month after their relationship began to unravel.