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Today: July 09, 2026
Today: July 09, 2026

Economy

Business|Economy|Political|World

Trump's Board of Peace planning pilot humanitarian zone in Gaza, official says

Donald Trump’s Board of Peace is planning a pilot humanitarian zone for Gazans as a way to kickstart the U.S. president's stalled peace plan, regardless of whether a deal is reached

Trump's Board of Peace planning pilot humanitarian zone in Gaza, official says
Business|Economy|Europe|Political|World

Trump orders halt to US trade with Spain over NATO spending, Iran

U.S.

Trump orders halt to US trade with Spain over NATO spending, Iran
Business|Economy|Europe|Technology|World

Airbus deliveries rise 15% to 351 in first half

Airbus delivered 351 airplanes in the first half of the year, up around 15% from 306 in the same period of 2025, after handing over 89 jets in June, the European planemaker said on

Airbus deliveries rise 15% to 351 in first half
Asia|Business|Economy|World

ADB raises developing Asia 2026 growth forecast to 4.9%

The Asian Development Bank sees a slight improvement in the growth outlook for developing Asia and the Pacific this year, though still below earlier projections due to the

ADB raises developing Asia 2026 growth forecast to 4.9%
Business|Economy|World

How Iran's 'golden weapon' of Hormuz became a bigger priority than its long-disputed nuclear programme

By Parisa Hafezi and Angus McDowall DUBAI, July 8 - Control over the Strait of Hormuz has become a "golden weapon" to Iran, for which it is willing to risk new escalations with the United States, and

How Iran's 'golden weapon' of Hormuz became a bigger priority than its long-disputed nuclear programme
Business|Economy|Political|US|World

Trump cites 'tremendous unity' at NATO summit, progress on defense spending

U.S.

Trump cites 'tremendous unity' at NATO summit, progress on defense spending
Business|Economy|MidEast|Political|World

Trump says he doesn't think Iran conflict will start again

U.S. President Donald Trump on Wednesday said he did not think a full-fledged conflict with Iran would erupt in the wake of military strikes from both sides.

Trump says he doesn't think Iran conflict will start again
Business|Economy|MidEast|Political|World

Democrat Rahm Emanuel tells Israel to change course or risk US alliance

Rahm Emanuel, a Democrat weighing a 2028 U.S. presidential run, said on Wednesday that Israel risks jeopardizing its alliance with Washington unless it

Democrat Rahm Emanuel tells Israel to change course or risk US alliance
Business|Economy|Finance|Stock Markets|Technology

BofA extends first $520 million loan to OpenAI ahead of IPO, source says

Bank of America has extended a $520 million credit line to OpenAI, its first loan to the AI company that is preparing for an initial public offering, a person familiar with the

BofA extends first $520 million loan to OpenAI ahead of IPO, source says
Economy|Health|Political

After devastating diagnosis, insurance company wouldn’t cover New Hampshire child’s wheelchair

After devastating diagnosis, insurance company wouldn’t cover New Hampshire child’s wheelchair

After devastating diagnosis, insurance company wouldn’t cover New Hampshire child’s wheelchair
Business|Economy|Finance|Stock Markets|World

IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI

The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war

IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI
Business|Economy|Science|Technology

Major AI offerings at a glance

OpenAI will launch GPT-5.6, its most advanced AI model, on Thursday after a delay prompted by U.S. government concerns over the potential national security risks posed by

Major AI offerings at a glance
Business|Economy|Finance|Stock Markets|US

JPMorgan hires veteran banker Michael Flynn to lead small-cap banking business

JPMorgan Chase has hired veteran banker Michael Flynn to lead a newly created banking business, according to a memo seen by Reuters on Wednesday.

JPMorgan hires veteran banker Michael Flynn to lead small-cap banking business
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Stocks, bonds retreat after Trump says Iran MOU 'is over'

Oil surged and stocks and bonds dropped on Wednesday, after U.S.

Stocks, bonds retreat after Trump says Iran MOU 'is over'
Business|Economy|Finance|Stock Markets|World

Oil hits multi-week high, Wall Street slips as Iran tensions reignite

Stocks were mostly lower and oil prices rose on Wednesday after U.S.

Oil hits multi-week high, Wall Street slips as Iran tensions reignite
Asia|Economy|Finance|MidEast|Stock Markets|US|World

Dollar fades after touching one-week high as Iran deal in doubt

The U.S. dollar dipped after reaching its highest level in about a week on Wednesday after U.S.

Dollar fades after touching one-week high as Iran deal in doubt
Business|Economy|Finance|World

IMF says hopes to engage on central banks' changes to forward guidance

The International Monetary Fund hopes to engage with central banks in coming months on changes in their use of forward guidance on monetary policy, a

IMF says hopes to engage on central banks' changes to forward guidance
Business|Economy|Health|US|World

US traffic deaths fell sharply in early 2026

U.S. traffic deaths fell to the lowest rate since 2014 in the first three months of the year after a ​sharp rise in road fatalities during the COVID

US traffic deaths fell sharply in early 2026
Business|Economy|Political|World

NY Fed says firms in its district aren't done passing on tariff costs 

By Michael S.

NY Fed says firms in its district aren't done passing on tariff costs 
Business|Economy|Finance|World

Mexico expects economy to outperform IMF projections

Mexico Finance Minister Edgar Amador said on Wednesday that he expects the economy to perform better than the latest projections by the International Monetary Fund.

Mexico expects economy to outperform IMF projections
Business|Economy|Finance|Stock Markets|US|World

US wholesale inventories in May revised lower

U.S. wholesale inventories rose far less than initially thought in May, which could temper expectations that restocking would provide a significant lift to economic

US wholesale inventories in May revised lower
Economy|Education|Political|World

Rahm Emanuel warns that Israel has become a 'territorial pariah' in a blistering speech

Rahm Emanuel, a potential Democratic presidential candidate, warns that Israel is becoming isolated due to its leadership

Rahm Emanuel warns that Israel has become a 'territorial pariah' in a blistering speech
Business|Economy|Europe|Finance|Political|World

Farage and Le Pen make the same defiant pitch: Only the people can judge us

Farage and Le Pen make the same defiant pitch: Only the people can judge us

Farage and Le Pen make the same defiant pitch: Only the people can judge us
Business|Economy|Education|Entertainment|Environment|Europe|Health|Lifestyle|Technology|US

Weekend storms impact commuters at Cromwell Light Rail station amid continued power outages

Weekend storms impact commuters at Cromwell Light Rail station amid continued power outages

Weekend storms impact commuters at Cromwell Light Rail station amid continued power outages
Business|Economy|Health|Political|US|World

Mitch McConnell has been hospitalized for three weeks and his team won’t say why. Here’s what we know

Mitch McConnell has been hospitalized for three weeks and his team won’t say why. Here’s what we know

Mitch McConnell has been hospitalized for three weeks and his team won’t say why. Here’s what we know
Business|Economy|Finance|MidEast|Stock Markets|US|World

IMF edges 2026 global growth forecast lower to 3%, sees rebound in 2027

The International Monetary Fund on Wednesday inched its 2026 global growth forecast lower again to 3.0%, warning of ongoing risks posed by the war in

IMF edges 2026 global growth forecast lower to 3%, sees rebound in 2027
Business|Economy|Finance|Stock Markets|World

Wall St opens lower as Trump says Iran deal is 'over'

Wall Street's main indexes opened lower on Wednesday after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," sending oil prices higher and

Wall St opens lower as Trump says Iran deal is 'over'
Business|Economy|Finance|World

Fed minutes due as analysts debate whether Warsh will curtail them

A critical readout on Wednesday of the first Federal Reserve policy meeting overseen by Chairman Kevin Warsh may offer greater insight into the "family fight" the new central bank

Fed minutes due as analysts debate whether Warsh will curtail them
Americas|Economy|Environment|Political|World

Venezuela’s acting president is facing her worst crisis yet. Could it help her stay in power?

Venezuela’s acting president is facing her worst crisis yet. Could it help her stay in power?

Venezuela’s acting president is facing her worst crisis yet. Could it help her stay in power?
Business|Economy|Education|Environment

Florida’s proposed property tax cuts rely on a population boom that has slowed dramatically

Florida’s population boom has fizzled to just 0.9% growth as domestic migration slows to a trickle.

Florida’s proposed property tax cuts rely on a population boom that has slowed dramatically
Business|Economy|Environment|Science|Technology

Surge pricing is broken – but there’s a smarter way to match gig workers with consumers

Rather than chasing dollars, gig workers are micro-entrepreneurs who perform a strict ‘mental audit’ of every single task to see if it’s worth their time.

Surge pricing is broken – but there’s a smarter way to match gig workers with consumers
Economy|Education|Environment|Health|Science|Technology

From maternal health to influenza rates, gaps in CDC’s public health data are creating dangerous blind spots for disease tracking and prevention

By interfering with how communities collect data and how researchers access it, the CDC risks undermining the hard-won trust needed for effective public health.

From maternal health to influenza rates, gaps in CDC’s public health data are creating dangerous blind spots for disease tracking and prevention
Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

European shares post worst day since March; Trump threat rattles Spanish stocks

European shares posted their steepest one-day drop since mid-March on Wednesday after U.S.

European shares post worst day since March; Trump threat rattles Spanish stocks
Business|Economy|Environment|Science|World

Catastrophic storms to test China's resilience in 2026, scientists warn

The floodwaters that ravaged southern China this week look set to expand to other provinces with the imminent arrival of

Catastrophic storms to test China's resilience in 2026, scientists warn
Business|Economy|Science|Technology

Apple to spend $30 billion on Broadcom chips as it boosts US sourcing

Apple plans to spend more than $30 billion under a multi-year chip supply deal with Broadcom, bolstering its U.S. sourcing as President Donald

Apple to spend $30 billion on Broadcom chips as it boosts US sourcing
Economy|Finance|Political|US|World

Trump invokes communism 81 times in two weeks as aides test midterms message

U.S.

Trump invokes communism 81 times in two weeks as aides test midterms message
Business|Economy|Finance|Science|Stock Markets|Technology

Bezos' Blue Origin seeks first outside funding at $130 billion valuation, NYT DealBook reports

Jeff Bezos' Blue Origin is looking to tap outside investors for the first time, aiming to raise $10 billion in a funding round that would value the rocket maker at $130 billion

Bezos' Blue Origin seeks first outside funding at $130 billion valuation, NYT DealBook reports
Business|Economy|Environment|Europe|Finance|Technology|World

Airbus trims jet industry demand forecast after Iran war, tariffs

Airbus on Wednesday revised down its 20-year industry-wide forecast for passenger aircraft demand by 1% after the Iran war and trade

Airbus trims jet industry demand forecast after Iran war, tariffs
Economy|Environment|Science|World

Climate change threatens to dent Italy's long-term economic growth and  worsen debt risks, study says

Climate change could significantly weaken Italy's long-term economic growth and make its already heavy public debt burden harder to sustain, with output

Climate change threatens to dent Italy's long-term economic growth and  worsen debt risks, study says
Economy|Europe|Opinion

Le Pen can run, but can’t hide her policy flaws

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)

Le Pen can run, but can’t hide her policy flaws
Business|Economy|World

China's central bank pledges to maintain accommodative policy amid weak demand, external shocks

China's central bank said on Wednesday it would maintain an appropriately loose monetary policy and ramp up financial support to revive domestic consumption, adding that

China's central bank pledges to maintain accommodative policy amid weak demand, external shocks
Business|Economy|Finance|Stock Markets|World

HSBC drops 'overweight' call on EM equities on AI spending fears

HSBC closed its "overweight" stance on emerging markets equities on Wednesday, citing increased volatility in Asia and warning that renewed concerns over weaker AI spending could

HSBC drops 'overweight' call on EM equities on AI spending fears
Business|Economy|Education|Environment|Science

Fertilizers carry a hidden cost for soil’s crucial microbes – using less as prices rise might pay off for farms in unexpected ways

Too much fertilizer disrupts the hidden world of soil-dwelling microbes that were sustaining healthy crops long before synthetic fertilizer was invented.

Fertilizers carry a hidden cost for soil’s crucial microbes – using less as prices rise might pay off for farms in unexpected ways
Business|Economy|Environment|Finance|Stock Markets

Brazil's Natura sees second-quarter revenue down 9% to 10% year-on-year

Brazilian cosmetics maker Natura on Wednesday reported preliminary second-quarter consolidated net revenue between 5.1 billion reais and 5.2 billion reais ($1.01 billion)

Brazil's Natura sees second-quarter revenue down 9% to 10% year-on-year
Business|Economy|Environment|Technology

Chevron offers rival drillers its chemical technology to boost shale oil output

Chevron will allow rival oil producers to buy a chemical technology it developed to boost production from shale wells, the company said on Wednesday, as part

Chevron offers rival drillers its chemical technology to boost shale oil output
Business|Economy|Finance|Stock Markets|Technology|US

Apple says it will spend $30 billion to design US-made Broadcom chips

Apple says it will spend $30 billion to design US-made Broadcom chips

Apple says it will spend $30 billion to design US-made Broadcom chips
Business|Economy|Finance|Technology|US

Polymarket is in a high-stakes race to win back trust as it recommits to the US market

After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public

Polymarket is in a high-stakes race to win back trust as it recommits to the US market
Business|Economy|Finance|World

US container imports jumped 8% in June ahead of higher fuel costs and tariff increases

U.S. container imports surged 8.2% in June from the year earlier, supply chain technology provider Descartes Systems Group said on Wednesday, after

US container imports jumped 8% in June ahead of higher fuel costs and tariff increases
Arts|Business|Economy|Entertainment|Fashion and Beauty|Lifestyle|Science|Technology|World

From space rocks to smartwatches, AI millionaires rewrite the luxury playbook

Sitting on roughly $3.5 million in SpaceX shares, Chip, a former data scientist at Elon Musk's aerospace behemoth, has recently

From space rocks to smartwatches, AI millionaires rewrite the luxury playbook
Business|Economy|Finance|Science|Technology

Crypto firms prepare defenses as quantum threat to encryption draws nearer

The cryptocurrency industry is starting to prepare for the threat of quantum computing as recent advances fuel concerns that the technology could soon be

Crypto firms prepare defenses as quantum threat to encryption draws nearer
Business|Economy|Technology

AI chip startup SambaNova valued at $11 billion in $1 billion funding round

AI chip startup SambaNova said on Wednesday it has raised $1 billion in a late-stage funding round led by General Atlantic at an $11 billion post-money valuation.

AI chip startup SambaNova valued at $11 billion in $1 billion funding round
Business|Economy|Finance|Stock Markets|World

Foreign investors pare India rate-hike bets, fuel record 5-year swaps trading

A rush by foreign investors to unwind bets on interest rate hikes in India has pushed turnover in the country's five-year overnight index

Foreign investors pare India rate-hike bets, fuel record 5-year swaps trading
Business|Economy|Health|World

Obamacare insurers ask for second-highest premiums increase in nearly a decade

Companies offering Obamacare health insurance plans next year are requesting payment rates representing a 14% median increase to premiums over 2026 rates,

Obamacare insurers ask for second-highest premiums increase in nearly a decade
Business|Economy|Finance|World

Is it 'over'?

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Oil prices jumped on Wednesday after the U.S. and Iran

Is it 'over'?
Business|Economy|Entertainment|Finance|Lifestyle

The best used sedans for under $15,000, according to Edmunds

While prices remain higher than they were a few years ago, used-car shoppers with a budget of $15,000 can still find sedans that offer a compelling combination of comfort, efficiency, and modern technology

The best used sedans for under $15,000, according to Edmunds
Americas|Business|Economy|Entertainment|Lifestyle|Sports|Travel

Walmart is hosting VIP tours for World Cup visitors

Walmart is hosting VIP tours for World Cup visitors

Walmart is hosting VIP tours for World Cup visitors
Economy|Election|Finance|Political|US|World

Why does Trump keep talking about ‘communism’?

Why does Trump keep talking about ‘communism’?

Why does Trump keep talking about ‘communism’?
Arts|Business|Economy|Entertainment|Environment

New York hopes converted offices can ease a housing crisis. A structural emergency at a high-rise tower shows the challenges

New York hopes converted offices can ease a housing crisis. A structural emergency at a high-rise tower shows the challenges

New York hopes converted offices can ease a housing crisis. A structural emergency at a high-rise tower shows the challenges
Business|Economy|Environment|Opinion|Science|Technology

Data center fights pit social values, democracy and capitalism against each other

Data center proposals are often local controversies with significant underlying principles at stake.

Data center fights pit social values, democracy and capitalism against each other
Business|Economy|Science|Technology|World

OpenAI set to launch most capable GPT model after delayed rollout

OpenAI will publicly launch GPT-5.6, its most advanced AI model, on Thursday following a delay last month prompted by U.S. government

OpenAI set to launch most capable GPT model after delayed rollout
Economy|Europe|MidEast|Political|World

New US attacks on Iran were absolutely necessary, NATO chief says

The new attacks by the U.S. on Iran were "absolutely necessary," NATO Secretary General Mark Rutte said on Wednesday.

New US attacks on Iran were absolutely necessary, NATO chief says
Business|Economy|Technology|World

Daimler Truck Q2 vehicle sales rise 8% as North America demand recovers

Daimler Truck, one of the world's biggest truckmakers, on Wednesday reported an 8% increase in second-quarter group vehicle sales, driven by demand recovery in its North American

Daimler Truck Q2 vehicle sales rise 8% as North America demand recovers
Business|Economy|Technology|World

Mercedes-Benz Q2 sales fall, China competition intensifies

German carmaker Mercedes-Benz said on Wednesday sales in its core car business continued to fall in the second quarter, declining 8% year-on-year due to intense competition in China

Mercedes-Benz Q2 sales fall, China competition intensifies
Business|Economy|Finance|World

Japan's ruling party plans tighter oversight of disclosures by activist investors

Japan's ruling party plans to propose stronger enforcement against suspected violations of shareholder disclosure rules by activist

Japan's ruling party plans tighter oversight of disclosures by activist investors
Business|Economy|Environment|World

Four oil and gas tankers turn back from Hormuz strait after vessel attacks

At least four oil and gas tankers have turned back from attempting to transit the Strait of Hormuz, ship-tracking data showed, as renewed

Four oil and gas tankers turn back from Hormuz strait after vessel attacks
Asia|Business|Economy|Political|World

China's actions risk creation of new status quo, Taiwan official says

China's gradually increasing pressure tactics risk creating an entirely new status quo in the Taiwan Strait, which the international community may not realise until it is

China's actions risk creation of new status quo, Taiwan official says
Australia|Business|Economy|Environment|Finance|Stock Markets|World

BHP iron ore workers threaten first strike in decades at Port Hedland

Hundreds of workers at BHP's Port Hedland iron ore operations in Western Australia could walk off the job next week, in what would mark the biggest

BHP iron ore workers threaten first strike in decades at Port Hedland
Business|Economy|Finance|World

Japan considers policy wording change as BOJ independence fears roil bonds

Japan's government is considering revising language on monetary policy in its economic blueprint, a draft obtained by Reuters showed, as

Japan considers policy wording change as BOJ independence fears roil bonds
Business|Economy|Finance|Stock Markets|US|World

Ceasefire? What ceasefire?

A look at the day ahead in European and global markets from Ankur Banerjee And just like that, we're back to staring at shipping routes across the Strait of Hormuz after a fresh bout of tit-for-tat

Ceasefire? What ceasefire?
Business|Economy|World

Germany could gain from planned U.S. port fees on China-built ships, DIW says

Germany could benefit from planned U.S. port fees on merchant ships built in China, with its exports to the United States potentially

Germany could gain from planned U.S. port fees on China-built ships, DIW says
Business|Economy|Education|Environment|Finance|Health|Political|World

UN officials urge Western nations to engage with Afghanistan to prevent it sliding into instability

Two top United Nations officials are urging Western nations to engage with Afghanistan to prevent the country from sliding back into instability

UN officials urge Western nations to engage with Afghanistan to prevent it sliding into instability
Business|Economy|Political|World

US says it has completed a new round of strikes on Iran

The U.S. Central Command said on Tuesday it completed a new round of strikes on Iran and that it had struck over 80 targets during its latest attacks.

US says it has completed a new round of strikes on Iran
Crime|Economy|Political|US|World

Federal immigration agent fatally shoots man in Houston during an enforcement operation

Authorities say a U.S. Immigration and Customs Enforcement officer shot and killed a man in Houston during an operation after he attempted to evade arrest in his vehicle

Federal immigration agent fatally shoots man in Houston during an enforcement operation
Economy|Finance|Health|Political|US

Healthcare gives Democrats a potent midterms attack line in Iowa and beyond

Shannon Gooden has voted Republican her entire life, including for Donald Trump three times.

Healthcare gives Democrats a potent midterms attack line in Iowa and beyond
Business|Economy|Finance|Political|World

Brazil's Senator Bolsonaro argues against 25% US tariff on its exports

Brazilian Senator and presidential hopeful Flavio Bolsonaro on Tuesday argued to the U.S.

Brazil's Senator Bolsonaro argues against 25% US tariff on its exports
Business|Economy|Science|Technology

Perplexity says it plans to use Nvidia's new CPU 

AI startup Perplexity on Tuesday confirmed it plans to use Nvidia's new central processing units, as the chip giant works to broaden its market and

Perplexity says it plans to use Nvidia's new CPU 
Business|Economy|Finance|World

Nine countries commit to global defence bank, Canada says

Nine countries have committed to a new global defence bank, Canadian Prime Minister Mark Carney said on Tuesday, in a

Nine countries commit to global defence bank, Canada says
Business|Economy|Finance|Stock Markets|US|World

Financial institutions' health is key factor in bank runs, New York Fed research shows

Bank runs turn into bigger problems when financial institutions' broader underlying health is under challenge, new research from the New York Federal Reserve showed on

Financial institutions' health is key factor in bank runs, New York Fed research shows
Business|Economy|Finance|Stock Markets|Technology

Brokerages line up bullish calls as SpaceX enters Nasdaq-100

SpaceX's swift addition to the Nasdaq-100 index on Tuesday is expected to unleash billions in passive buying, as brokerages kicked off

Brokerages line up bullish calls as SpaceX enters Nasdaq-100
Business|Economy

Norfolk Southern, Union Pacific defend proposed $85 billion merger

Union Pacific and Norfolk Southern told a U.S. government agency Tuesday they are willing to divest ownership stakes in some smaller railroads as

Norfolk Southern, Union Pacific defend proposed $85 billion merger
Business|Economy|Environment|Political|World

US reinstates sanctions on Iranian oil sales after LNG, oil tanker attacks

The United States on Tuesday re-imposed sanctions on Iranian oil, as a U.S. official warned that Iran's attacks on vessels in the

US reinstates sanctions on Iranian oil sales after LNG, oil tanker attacks
Economy|Education|Environment|Health|Political|World

Who are the Democratic Socialists of America?

The Democratic Socialists of America, a left-wing political group, is now playing an influential role in the U.S. Democratic Party. 

Who are the Democratic Socialists of America?
Business|Economy|Stock Markets|Technology

Korean chip stocks flip to losses on lingering AI, memory pricing concerns

Shares of South Korean chipmakers Samsung Electronics and SK Hynix reversed early gains to fall sharply on Wednesday, amid lingering concerns over slowing

Korean chip stocks flip to losses on lingering AI, memory pricing concerns
Business|Crime|Economy|Environment|Finance|US

Oklahoma sues Allstate, says insurer underpays damages claims

Allstate was sued on Tuesday by Oklahoma, which accused the insurer of underpaying or denying claims for damage from wind and hailstorms over several years.

Oklahoma sues Allstate, says insurer underpays damages claims
Business|Economy|Environment|Political|World

Hormuz shipping risk raised to severe after tankers hit, reviving U.S.-Iran tensions

A Qatari LNG tanker was at risk of exploding and a Saudi crude tanker was damaged near the Strait of Hormuz on

Hormuz shipping risk raised to severe after tankers hit, reviving U.S.-Iran tensions
Arts|Business|Economy|Political|US|World

Trump administration puts plan for Harriet Tubman $20 bill on ice

The U.S.

Trump administration puts plan for Harriet Tubman $20 bill on ice
Business|Economy|Finance|Technology|World

Trading Day: A chip on our shoulder: Volatile semis drag U.S. stocks lower, crude jumps

Wall Street stocks followed their European counterparts lower amid a chip-driven tech selloff on Tuesday as a flare-up of Middle East tensions sent crude

Trading Day: A chip on our shoulder: Volatile semis drag U.S. stocks lower, crude jumps
Business|Economy|World

Oil jumps after settlement as US revokes general license for Iran oil sales

Oil prices settled 3% higher on Tuesday and then extended gains post-settlement, after Iran attacked three commercial vessels in the Strait of Hormuz and the

Oil jumps after settlement as US revokes general license for Iran oil sales
Business|Economy|Finance|Stock Markets|US|World

Exxon signals Q2 profit windfall as higher oil prices boost bottom line

U.S. oil and gas major Exxon Mobil signaled on Tuesday that its second-quarter earnings could see a boost of about $5 billion compared to

Exxon signals Q2 profit windfall as higher oil prices boost bottom line
Economy|Environment|Health|Political|World

Venezuelan volunteers dig graves for quake victims as US defends government relief effort

At the La Esperanza cemetery in western Venezuela, local volunteers have been digging graves for victims

Venezuelan volunteers dig graves for quake victims as US defends government relief effort
Business|Economy|Technology|World

FCC denies US firm with Chinese links approval to provide telecom services

The Federal Communications Commission said on Tuesday it is adding California-based Digitalsystem Technology to a list of companies posing risks to

FCC denies US firm with Chinese links approval to provide telecom services
Business|Economy|World

UK jobs market downturn eases as pay pressure pick up, survey shows

Britain's jobs market downturn eased slightly last month, according to a survey of recruitment companies on Wednesday that showed an upturn in temporary hiring and starting salaries

UK jobs market downturn eases as pay pressure pick up, survey shows
Arts|Business|Economy|Europe|Fashion and Beauty|Finance|Stock Markets

Coty exits Gucci license early to raise cash for turnaround

Coty said on Tuesday it had agreed to return the Gucci Beauty license to Kering for about $400 million, ending the agreement about a year early as the U.S. cosmetics group raises

Coty exits Gucci license early to raise cash for turnaround
Business|Economy|Technology

MasTec to buy Superior Group in $1.65 billion deal to expand data center business

Infrastructure engineering and construction firm MasTec said on Tuesday it would acquire electrical contractor Superior Group in a $1.65 billion cash-and-stock deal, expanding its

MasTec to buy Superior Group in $1.65 billion deal to expand data center business
Arts|Business|Economy|Entertainment|Fashion and Beauty|Lifestyle|World

Forget logos, young people in China want ‘spiritual’ luxury

Forget logos, young people in China want ‘spiritual’ luxury

Forget logos, young people in China want ‘spiritual’ luxury
Business|Economy|Political|World

Protests break out in Havana as Cuba struggles to restore electricity

Scattered protests broke out across Havana on Tuesday evening, with residents banging pots, honking horns and shouting "turn on the lights

Protests break out in Havana as Cuba struggles to restore electricity
Asia|Business|Economy|Finance|World

Japan asset managers pursue global investor mandates as yen bond demand grows

Japanese asset managers, including the units of Mizuho and Nomura, are rushing to launch bond funds to meet soaring interest in Japanese debt

Japan asset managers pursue global investor mandates as yen bond demand grows
Asia|Business|Economy|Finance|Stock Markets|World

South Korea to closely watch risks around stock market volatility

South Korea's finance minister agreed on Wednesday with other economic policymakers to closely monitor risk factors that could heighten stock market volatility, the ministry

South Korea to closely watch risks around stock market volatility
Business|Economy|World

IMF appoints Silvana Tenreyro as chief economist, head of research

The International Monetary Fund on Tuesday named Silvana Tenreyro as its next chief economist, replacing Pierre-Olivier Gourinchas, who has returned to academia,

IMF appoints Silvana Tenreyro as chief economist, head of research
Business|Economy|Finance|Stock Markets|Technology

Amazon aims to raise $25 billion from bond sale

Amazon.com said on Tuesday it is looking to raise $25 billion through a U.S. dollar bond sale, in the company's latest push to fund its hefty

Amazon aims to raise $25 billion from bond sale
Arts|Business|Economy|Entertainment|Political

Oregon to ask court to delay Paramount deal for 60 days while it reviews records

The Oregon attorney general will ask a court to pause Paramount's $110 billion bid to acquire Warner Bros for 60 days, saying on Tuesday the company withheld records

Oregon to ask court to delay Paramount deal for 60 days while it reviews records
Asia|Business|Economy|Technology|World

From factory to tech frontier: China becomes legacy automakers' innovation engine

In May, General Motors marked a rare milestone for a foreign automaker in China, selling more than 10,000 of its new Buick Electra E7 in the first month.

From factory to tech frontier: China becomes legacy automakers' innovation engine
Business|Economy|Finance|Stock Markets|World

Australia central banker says oil shock yet to slow economy

The recent oil shock has led to falls in Australia's consumer and business confidence but so far there are few signs of a marked slowdown in activity, a senior central

Australia central banker says oil shock yet to slow economy
Business|Economy|Political|World

Latin American countries, some steelmakers argue for US tariff exemptions

Several Latin American countries said on Tuesday they are working to prevent the import of goods produced with forced labor, urging the Trump

Latin American countries, some steelmakers argue for US tariff exemptions
Business|Economy|Science|Technology|World

Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say

U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers,

Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say
Business|Economy|Finance|Stock Markets|Travel|US|World

US airlines’ monthly fuel spending topped $6 billion again in May, up 84% from year ago

Government data released Tuesday shows that U.S. airlines spent $6.66 billion on jet fuel in May

US airlines’ monthly fuel spending topped $6 billion again in May, up 84% from year ago
Economy|Environment|Health|World

Venezuelan cemetery expands burials for earthquake victims, many of whom remain unidentified

Venezuelan cemetery expands burials for earthquake victims, many of whom remain unidentified

Venezuelan cemetery expands burials for earthquake victims, many of whom remain unidentified
Business|Economy|Election|Finance|Political|US|World

Fact check: Five false claims Trump made in one meeting with Erdogan

Fact check: Five false claims Trump made in one meeting with Erdogan

Fact check: Five false claims Trump made in one meeting with Erdogan
Business|Economy|World

US strikes Iran and reimposes oil sanctions as ceasefire faces one of its most significant tests

US strikes Iran and reimposes oil sanctions as ceasefire faces one of its most significant tests

US strikes Iran and reimposes oil sanctions as ceasefire faces one of its most significant tests
Business|Economy|Finance|Stock Markets|Technology|World

Chip dip

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest U.S. chip stocks staged a comeback on Monday, but that

Chip dip
Business|Economy|Technology|World

Trading surge, helped by SpaceX IPO, seen lifting Wall St banks' second-quarter earnings

Driven in part by the blockbuster SpaceX mega IPO, a surge in sales and trading will power U.S.

Trading surge, helped by SpaceX IPO, seen lifting Wall St banks' second-quarter earnings
Business|Crime|Economy|US

Justice Department reaches another settlement with Trump adviser Michael Flynn

Justice Department reaches another settlement with Trump adviser Michael Flynn

Justice Department reaches another settlement with Trump adviser Michael Flynn
Business|Economy|Europe|Finance|World

ECB's Panetta says economic outlook remains fragile

The outlook for the euro zone economy remains fragile, a senior European Central Bank policymaker said on Tuesday, calling for monetary policy decisions to be

ECB's Panetta says economic outlook remains fragile
Asia|Business|Economy|Environment|Finance|Political|World

China, Japan trade conflicting accounts of confrontation around Senkaku islands

China and Japan reported conflicting accounts on Tuesday of a confrontation near the disputed Senkaku Islands involving their coast guards and a Japanese fishing

China, Japan trade conflicting accounts of confrontation around Senkaku islands
Business|Economy|Europe|Political|World

Canada wants more backers for global defence bank, foreign minister says

Canada wants more countries to back its global defence bank initiative before it announces a roster of founding nations, foreign minister Anita Anand said

Canada wants more backers for global defence bank, foreign minister says
Economy|Europe|Finance|Political|World

France's 2026 deficit target at risk as growth outlook cut, minister says

France is at risk of missing its deficit-reduction target this year as the growth outlook deteriorates and may need to take additional savings measures, Finance Minister

France's 2026 deficit target at risk as growth outlook cut, minister says
Business|Economy|Lifestyle|Technology|World

Fresh foods boost Amazon Now demand in Brazil, executive says

Fresh food offerings have helped boost demand for Amazon's new 15-minute quick-delivery service in Brazil, prompting the company to increase its range of

Fresh foods boost Amazon Now demand in Brazil, executive says
Business|Economy|Finance|Stock Markets|Technology

AI stocks sink and drag markets lower worldwide

The roller-coaster ride for AI stocks snapped back down and dragged Wall Street lower

AI stocks sink and drag markets lower worldwide
Business|Economy|Finance|Political|World

UK will need vast fiscal tightening to avert debt spiral, OBR predicts

Britain will need extra tax rises or spending cuts equivalent to the entire education budget early next decade to prevent government debt

UK will need vast fiscal tightening to avert debt spiral, OBR predicts
Business|Economy|Finance|Political|World

France's debt burden at risk of snowballing ahead of 2027 election

France's rising borrowing costs are fuelling concern among investors and economists that its €3.5 trillion public debt could spiral higher just as political

France's debt burden at risk of snowballing ahead of 2027 election
Economy|Europe|Political|World

Moldova's Sandu names Osmochescu acting prime minister

President Maia Sandu on Tuesday named Deputy Prime Minister Eugeniu Osmochescu, a

Moldova's Sandu names Osmochescu acting prime minister
Business|Economy|Europe|Political|World

Ex-NATO chief says UK may get 'frosty' Ankara welcome in absence of 3.5% plan

Former NATO chief and co-author of Britain's defence plan, George Robertson, criticised the government on Tuesday for not plotting a route to spending 3.5% on core defence

Ex-NATO chief says UK may get 'frosty' Ankara welcome in absence of 3.5% plan
Business|Economy|Finance|Political|World

Kazakhstan's top court says president can seek another term

Kazakhstan's constitutional court said on Tuesday that President Kassym-Jomart Tokayev is eligible to seek a new term at the helm of the

Kazakhstan's top court says president can seek another term
Business|Economy|MidEast|Political|World

NATO allies to discuss Hormuz tensions, mission with Gulf Arabs

France and Britain will outline plans for a multinational maritime mission in the Strait of Hormuz at talks between NATO and Gulf Arab foreign

NATO allies to discuss Hormuz tensions, mission with Gulf Arabs
Business|Economy|Finance|Stock Markets|World

Canada's trade surplus in May jumps to a four-year high as US exports surge

Canada's trade surplus widened to a four-year high in May, with exports rising for the fourth consecutive month, as goods shipped to the United States

Canada's trade surplus in May jumps to a four-year high as US exports surge
Business|Economy|Finance|Stock Markets|World

Canada's Ivey PMI falls to three-month low in June

Canadian economic activity expanded at a slower pace in June as measures of employment and prices fell, Ivey Purchasing Managers Index (PMI) data showed on

Canada's Ivey PMI falls to three-month low in June
Business|Economy|Finance|Stock Markets|Technology

Nasdaq falls at open as DeepSeek's AI chip push rattles markets

The Nasdaq opened lower on Tuesday amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung's strong earnings, while a report on

Nasdaq falls at open as DeepSeek's AI chip push rattles markets
Business|Economy|Europe|Political|World

Trump says he will lift Turkey sanctions, decide on selling F-35s

U.S.

Trump says he will lift Turkey sanctions, decide on selling F-35s
Business|Economy|Finance|Stock Markets|US

Fed's Williams tells Fox Business he's more sanguine on inflation due to energy price retreat

By Michael S.

Fed's Williams tells Fox Business he's more sanguine on inflation due to energy price retreat
Business|Economy|Europe|Finance|Stock Markets|World

Norway wealth fund enters strategic partnership with Asana Partners in the US

Norway's sovereign wealth fund, the world's largest, said on Tuesday it signed a deal with retail real estate investment firm Asana Partners for a strategic partnership

Norway wealth fund enters strategic partnership with Asana Partners in the US
Business|Economy|Science|Technology|World

Beijing is looking at curbing overseas access to China's top AI models, sources say

Chinese authorities have held meetings with top tech firms over the past month about potentially restricting overseas access to China's most advanced AI

Beijing is looking at curbing overseas access to China's top AI models, sources say
Business|Economy|Finance|Stock Markets|Technology

BlackRock to launch Nasdaq-100 ETF, challenging Invesco's dominance as AI rally boosts demand

BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, as it seeks to tap surging investor demand for exposure to the AI-

BlackRock to launch Nasdaq-100 ETF, challenging Invesco's dominance as AI rally boosts demand
Arts|Business|Economy|Entertainment|Technology|World

Nigeria to investigate tech firms over news content use

Nigerian President Bola Tinubu has directed the country’s competition regulator to investigate major technology companies over alleged anti-competitive

Nigeria to investigate tech firms over news content use
Business|Economy|Finance|Political|World

BOJ dissenter Asada needs demand-driven inflation before backing rate hike

Bank of Japan board member Toichiro Asada said he must see signs of demand-driven inflation before supporting interest rate rises, but

BOJ dissenter Asada needs demand-driven inflation before backing rate hike
Business|Economy|Environment|World

Russia's largest oil refinery halts processing after drone attack, sources say

Omsk oil refinery, Russia's largest, has halted operations following a Ukrainian drone attack, two industry sources said on Tuesday.

Russia's largest oil refinery halts processing after drone attack, sources say
Economy|Europe|Political

Burnham ally O'Neill says UK's next leader to be "bolder" on investment borrowing

Economist Jim O'Neill urged Britain's next leader to be bolder on investment borrowing, saying fiscal credibility cannot be judged by a single rulebook.

Burnham ally O'Neill says UK's next leader to be "bolder" on investment borrowing
Business|Economy|Finance|Stock Markets|US|World

US consumers' near-term inflation expectations rise in June, New York Fed says

By Michael S.

US consumers' near-term inflation expectations rise in June, New York Fed says
Economy|Europe|Political|World

Five NATO members seen to spend over 3.5% of GDP on core defence this year, alliance estimates show

Five NATO members are projected to meet the alliance's goal of spending 3.5% of gross domestic product on core defence already in 2026, according to updated NATO data

Five NATO members seen to spend over 3.5% of GDP on core defence this year, alliance estimates show
Business|Economy|Finance|Stock Markets|World

Hedge funds record best first-half performance in 13 years, sources say

Global hedge funds delivered their strongest first-half performance since 2013, data from hedge fund data firm PivotalPath showed, as healthcare, tech and

Hedge funds record best first-half performance in 13 years, sources say
Business|Economy|Health|Science

Weight-loss drug developers line up to tap lucrative market as competition heats up

The weight-loss drug market is booming, with biotech firms racing to capture a slice of a fast-growing sector dominated by Novo Nordisk and Eli Lilly.

Weight-loss drug developers line up to tap lucrative market as competition heats up
Business|Crime|Economy|Health|Technology

Meta says US states are seeking $1.4 trillion in penalties in August youth safety trial

Meta Platforms said in a court filing on Monday that four states were seeking $1.4 trillion in penalties over accusations the company designed its Facebook and

Meta says US states are seeking $1.4 trillion in penalties in August youth safety trial
Business|Economy|Science|Technology

Tech companies tap debt, equity to fund AI and cloud expansion

The world's largest technology companies are tapping debt markets and raising equity to bolster AI infrastructure, marking a shift for Silicon Valley firms that typically relied on

Tech companies tap debt, equity to fund AI and cloud expansion
Business|Economy|Finance|Stock Markets|Technology

Nuclear fuel firm Standard Nuclear eyes up to $3.55 billion valuation in US IPO

Standard Nuclear is targeting a valuation of up to $3.55 billion in its U.S. initial public offering, as investors increasingly favor energy companies on expectations of rising

Nuclear fuel firm Standard Nuclear eyes up to $3.55 billion valuation in US IPO
Economy|Education|Environment|Health|World

World must close $4 trillion annual funding gap to reach development goals, UN says

Countries around the world must take decisive action to close a $4 trillion annual financing gap to ensure that sustainable development targets set just

World must close $4 trillion annual funding gap to reach development goals, UN says
Business|Economy|Finance|World

Pay gap between top and lowest Swiss earners has grown, study finds

The gap between high earners and low-paid workers in Switzerland has increased over the last decade, a trade union study published on Tuesday found.

Pay gap between top and lowest Swiss earners has grown, study finds
Business|Economy|World

Brazil's 2026 auto sales seen at highest since 2014, auto association says

Brazilian auto sales this year are expected to reach the highest level since 2014, automakers association Anfavea said on Tuesday, while also increasing production

Brazil's 2026 auto sales seen at highest since 2014, auto association says
Economy|Europe|MidEast|Political|World

NATO showcases big arms deals as Trump feels let down

NATO leaders unveiled arms deals worth tens of billions of dollars in Turkey on Tuesday, driving home the message that

NATO showcases big arms deals as Trump feels let down
Business|Economy|Environment|Science|Technology

Fiat launches Topolino mini EV in U.S. with $13,995 price tag

Fiat launched sales in the United States of Topolino, its two-seat, fully electric compact car, with a price starting from $13,995 and a range of up to 46 miles (74 km), the

Fiat launches Topolino mini EV in U.S. with $13,995 price tag
Crime|Economy|Europe|Political|World

Armenian opposition leader charged with fraud to be held for two months

The leader of a pro-Russian Armenian opposition party was placed in pre-trial detention for two months on Tuesday after being detained on suspicion of large-scale fraud and money

Armenian opposition leader charged with fraud to be held for two months
Business|Economy|Political|Travel|World

US airlines fuel bills rose by $3 billion in May

Fuel costs for U.S. airlines jumped 85% in May to nearly $6.7 billion as the Middle East conflict drove ‌up prices, the U.S.

US airlines fuel bills rose by $3 billion in May
Business|Economy|Technology

US May trade deficit widens as capital goods imports hit record high

The U.S. trade deficit widened sharply in May as imports of capital goods surged to a record high, suggesting that trade remained a drag on gross

US May trade deficit widens as capital goods imports hit record high
Business|Economy|Finance|Stock Markets|World

Oil spikes, Wall Street drops as US-Iran tensions rebuild

Oil prices spiked late on Tuesday on renewed fears that a tenuous peace between the U.S. and Iran was faltering, while U.S. stocks fell, led by

Oil spikes, Wall Street drops as US-Iran tensions rebuild
Business|Crime|Economy|Technology

AI startup CEO pleaded guilty in US to trading on insider tips from lawyers

The founder and chief executive of an AI startup secretly pleaded guilty last year to participating in a vast scheme in which attorneys at major law firms

AI startup CEO pleaded guilty in US to trading on insider tips from lawyers
Business|Economy|Environment

Big Tech data centers are driving up power bills at America's Rust Belt factories

For years, electricity costs for the Belden Brick Company in Sugarcreek, Ohio, had been relatively stable.

Big Tech data centers are driving up power bills at America's Rust Belt factories
Business|Economy|Finance|Stock Markets|Technology|World

Nasdaq sinks as AI worries hit chipmakers

The Nasdaq ended sharply lower on Tuesday, weighed down by losses in Micron Technology and other chipmakers due to mounting doubts about the

Nasdaq sinks as AI worries hit chipmakers
Economy|Sports|World

Same old story: US men's soccer team has been stagnant for quarter century

The U.S. men's national soccer team remains stagnant despite growth in American soccer

Same old story: US men's soccer team has been stagnant for quarter century
Business|Economy|Europe|Political|World

NATO unveils billions in arms deals to prove its firepower as Trump again demands Greenland

President Donald Trump insists the United States should control Greenland instead of Denmark, renewing tensions in Europe at a NATO summit

NATO unveils billions in arms deals to prove its firepower as Trump again demands Greenland
Business|Economy|Science|Technology

Wall Street banks are sky-high about SpaceX, but investors remain cautious

Wall Street banks have high hopes for SpaceX but at the moment shares of Elon Musk’s rocket market appear to be earthbound

Wall Street banks are sky-high about SpaceX, but investors remain cautious
Business|Economy|Lifestyle|Technology|Travel

US airlines are redesigning travel around their highest-paying passengers

America’s biggest airlines are expanding their premium cabins and adding more luxury perks to attract high-paying passengers

US airlines are redesigning travel around their highest-paying passengers
Business|Crime|Economy|Political|US

Former mayor of Mississippi's capital city pleads guilty in bribery scheme

The former mayor of Mississippi’s capital city and a former City Council president have pleaded guilty in a bribery scheme

Former mayor of Mississippi's capital city pleads guilty in bribery scheme
Business|Economy|Finance|Lifestyle

Homeowner says 'up and up' insurance costs totaling $9K may force her to sell home

Homeowner says 'up and up' insurance costs totaling $9K may force her to sell home

Homeowner says 'up and up' insurance costs totaling $9K may force her to sell home
Economy|Environment|World

Cuba hit with nationwide blackout as US pressure continues

Cuba hit with nationwide blackout as US pressure continues

Cuba hit with nationwide blackout as US pressure continues
Business|Crime|Economy|Education|Election|Finance|MidEast|Political|Stock Markets|US|World

AP-NORC poll: About 3 in 10 US adults believe Israel has committed genocide against Palestinians

A new AP-NORC poll reveals a dramatic erosion of support for Israel, after decades of bipartisan backing

AP-NORC poll: About 3 in 10 US adults believe Israel has committed genocide against Palestinians
Business|Economy|Political|World

Kazakhstan's top court rules that President Tokayev can seek another term

Kazakhstan’s top court has ruled that President Kassym-Jomart Tokayev can seek another seven years in office after a referendum on the constitution reset term limits for the office

Kazakhstan's top court rules that President Tokayev can seek another term
Business|Crime|Economy|Environment

Dramatic video shows roof collapse at BJ's Wholesale Club amid heavy rain

Dramatic video shows roof collapse at BJ's Wholesale Club amid heavy rain

Dramatic video shows roof collapse at BJ's Wholesale Club amid heavy rain
Business|Economy|Education|Environment|Lifestyle

Veteran-owned tree service helps neighbors clean up after severe storms

Veteran-owned tree service helps neighbors clean up after severe storms

Veteran-owned tree service helps neighbors clean up after severe storms
Business|Economy|Environment|Political|Science|Technology

Trump promised to cut electric bills in half. His energy policy is doing the opposite, new analysis finds

Trump promised to cut electric bills in half. His energy policy is doing the opposite, new analysis finds

Trump promised to cut electric bills in half. His energy policy is doing the opposite, new analysis finds
Business|Economy|Environment|Finance

When shareholder activists attack a company, its rivals may feel the heat too and change their ways

When companies are hit by activists, managers of competitors may fear that their company’s reputation would suffer if their turn comes next.

When shareholder activists attack a company, its rivals may feel the heat too and change their ways
Economy|Education|Environment|Science|Technology

Electric companies don’t need to black out customers to prevent wildfires – here are 3 relatively fast, affordable solutions

Utilities face a dilemma: How to deliver power through dry, windy regions without accidentally starting a catastrophic fire.

Electric companies don’t need to black out customers to prevent wildfires – here are 3 relatively fast, affordable solutions
Arts|Crime|Economy|Education|Environment|Health|Lifestyle|Political|Sports|World

Why the DOJ is investigating Philadelphia after police stripped gun permits from Black Panthers-inspired group

Philadelphia police revoked the carry licenses of five members of the Black Lion Party for International Solidarity, citing ‘good cause.’ Is that constitutional?

Why the DOJ is investigating Philadelphia after police stripped gun permits from Black Panthers-inspired group
Business|Economy|Finance|Opinion|Science|Technology

When managing your money, take a chatbot’s ‘confidence’ with a grain of salt

The higher the stakes and the more specific the questions, the more likely AI will stumble on personal finance advice.

When managing your money, take a chatbot’s ‘confidence’ with a grain of salt
Business|Economy|Finance|Stock Markets|Technology

SpaceX is joining the Nasdaq 100. Here’s what to know

SpaceX is joining the Nasdaq 100. Here’s what to know

SpaceX is joining the Nasdaq 100. Here’s what to know
Business|Economy|Science|Technology

AI is powering an economy in which many Americans are falling behind

AI is powering an economy in which many Americans are falling behind

AI is powering an economy in which many Americans are falling behind
Asia|Economy|Environment|Science|World

Tornadoes wreak havoc across central China as Typhoon Bavi looms offshore

Two tornadoes wrought devastation in central China's Hubei province, killing at least 11 people, as winds of up to 149 kph (93 mph) overturned cars and ripped

Tornadoes wreak havoc across central China as Typhoon Bavi looms offshore