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Warren Buffett has redirected about $6 billion of Berkshire Hathaway stock away from the Bill & Melinda Gates Foundation to four family foundations and has accelerated plans to distribute his remaining Berkshire shares by Dec. 31, 2034. He has said he reviewed Bill Gates’s testimony about Jeffrey Epstein and has met Gates in Omaha since those documents were released.
Automakers have pulled several electric models from the U.S. market even as quarterly EV sales have risen. Q2 2026 U.S. consumer EV purchases have reached 247,226 vehicles, a sequential rise driven by higher fuel prices, new low-cost entrants and state rebates. Manufacturers and startups are responding with cheaper models, but many legacy brands have cancelled or delayed U.S. EV projects.
President Donald Trump has posted that Benjamin Netanyahu "will not be arrested, in any way, shape, or form, while in the United States," after New York City mayor Zohran Mamdani said his administration is consulting the city Law Department about whether existing law allows detaining Netanyahu if he visits for the UN General Assembly. The ICC issued an arrest warrant for Netanyahu in November 2024; Israel and the US reject the court's jurisdiction.
A major wildfire has been burning for days in Guadalajara province north of Madrid and has forced evacuations from dozens of hamlets while crews battle flames supported by aircraft and troops. Separate deadly blazes in Almería earlier in July killed at least 12–13 people; Spain has suffered far more area burned this year amid repeated heatwaves and extreme fire danger.
The US has launched new waves of air and naval strikes across southern and central Iran to degrade Tehran's ability to threaten commercial shipping in the Strait of Hormuz. Iran has responded with missile and drone attacks on US bases and Gulf allies, disrupted shipping routes and prompted a renewed US naval blockade and global oil price volatility.
President Volodymyr Zelenskyy has carried out a surprise cabinet reshuffle that has removed Defence Minister Mykhailo Fedorov, nominated Serhii Koretskyi as prime minister and named SBU head Yevhenii Khmara as acting defence minister while parliament prepares confirmation votes. The removals have provoked mass protests, at least one senior military resignation and wider concern about unity in Kyiv's war effort.
Stokes has returned to Durham for the One-Day Cup after international retirement, guiding Durham to a five-wour win with 108* and a 256-9 total. The Hundred also begins as county cricket restarts. Other articles note Stokes’ international exit and other England cricket stories.
A string of mid-year results from UK firms shows mixed performance, with Reach posting a revenue decline and job cuts, while Wise and The Gym Group report growth and expansion plans. Prediction markets surge around the World Cup, reflecting elevated investor interest.
Zelensky has moved to replace Oleksandr Syrskyi with Mykhailo Drapatyi as commander-in-chief and has offered a senior role to former defence minister Mykhailo Fedorov, in a bid to unify the country’s war effort amid ongoing protests and regional attacks.
Bank of America data show US host cities are seeing on-the-ground economic impact from the World Cup, with restaurants and bars leading spending gains and hotel revenues rising in several markets, though results vary by city and broader inflation weighs on sentiment.
Ozgur Ozel has announced plans to establish a new political party after a court in May removed him as leader of the Republican People’s Party (CHP). He has told CHP MPs the new group — widely expected to be called the "Yeni Parti" — will become the main opposition in parliament as many CHP lawmakers are preparing to defect amid a broader legal crackdown on the party.
Insurers are signaling double‑digit premium increases for 2027 in preliminary rate filings across 16 states and the District of Columbia. Analysts attribute the rise to higher healthcare costs and the expiration of pandemic‑era subsidies, with enrollment shrinking as affordability pressures mount.
E. Jean Carroll has received $5,625,005.48 that a 2023 jury awarded after finding Donald Trump liable for sexual abuse and defamation; the funds had sat in a court-controlled escrow account while Trump exhausted appeals and sought last-minute delays. Trump’s team is continuing legal challenges related to a separate $83.3m judgment.
OnePlus has announced it will stop launching new phones in Europe and North America and will focus new device rollouts on India and China. The parent company Oppo has begun a corporate restructuring as memory-chip shortages and rising component costs have cut demand for budget phones and pushed manufacturers to prioritise AI-oriented high-bandwidth memory.
A wave of luxury brand entrants and upgrades is reshaping the cruise industry. Independent reports that Celebrity Solstice has underdone a revamp, Four Seasons plans a third yacht, and luxury lines expand with new itineraries and onboard spaces. Readers are guided through what this means for travelers and the market.
Bloomberg and The Guardian collate evidence suggesting a close, controversial link between the Trump family’s crypto ventures and private financier Justin Sun, prompting lawsuits and calls for more transparency.
A wave of earnings reports and mixed inflation signals have kept markets cautious. Major corporates report results this week as investors weigh outlooks against rising costs and central-bank expectations.
SBI Funds Management has drawn bid interest worth 2.97 trillion rupees for its IPO, oversubscribing by 41.6 times. The firm, a SBI-Amundi joint venture, has raised up to 116.9 billion rupees and aims to be India’s leading fund manager. The market response underscores continued liquidity for large public offerings despite a softer year for listings.
Former Miami Heat teammates Bam Adebayo and Tyler Herro remain at the center of an incident in Las Vegas where Adebayo reportedly struck Herro during a summer league workout. Herro has moved to Milwaukee in a Giannis blockbuster, while Miami pivots to a new offensive approach. The Heat say they will say nothing more about the incident.
ASEAN foreign ministers are in Manila for high-level talks armed with a focus on Myanmar. The meeting also touches on regional energy, border tensions, and economic concerns as international players participate. The discussions follow a prior in-person engagement in Bangkok and come amid Myanmar’s ongoing conflict and Indonesia’s currency volatility.
Backlogs in digital number plate production and cargo sealing create widespread delays at borders and in vehicle registration, crippling imports, deliveries and revenue collection. Authorities pledge to scale up production and streamline processes amid mounting costs and frustrations.
Sixteen percent of goals in the World Cup came from outside the penalty area, up from 8 percent in 2022, per FIFA’s TSG. Mbappe sets a new World Cup scoring record; Saka’s brace helps England bronze; Argentina relies on long-range strikes to turn games. Scotland exits after group stage as Kane, Messi and Mbappe star elsewhere.
Sen. Mitch McConnell has remained hospitalized with limited details on his health for weeks. Governors and fellow Republicans are pressing for a formal update, while party leadership acknowledges concern about the senator’s condition and the ability to hold office.
Vessel traffic through the Strait of Hormuz has slowed to multi-week lows as renewed U.S.–Iran strikes escalate the crisis. Oil shipments and prices are affected, with both sides targeting shipping routes and infrastructure. Analysts warn announcements of ceasefires have not stabilized the Strait. The situation is evolving this week.
TSMC has pledged an additional $100 billion for Arizona as part of a broader push, taking total U.S. chipmaking investments to $265 billion. The company has raised its annual revenue forecast after record profits driven by AI demand, and plans to accelerate production of advanced 3-nanometer chips across the U.S., Japan and Taiwan.
Governor Kathy Hochul has signed an executive order imposing a one-year pause on state permits for new hyperscale data centres that use 50 megawatts or more. The order directs regulators to produce an environmental impact review and considers requiring centres to pay for their own power, contribute to grid upgrades and lose tax breaks.
Flash flood waves sweep across Texas Hill Country, prompting high-water rescues, road closures and disaster declarations. Authorities warn the deluge could crest near last year’s record levels as more storms threaten the region.
Meta has faced a federal lawsuit alleging its internal AI systems and monitoring tools discriminated against workers on legally protected leave in a May layoff round totaling about 8,000 jobs. The suit seeks an injunction to pause separations and an independent audit of the selection process while claims proceed in arbitration.
Andy Burnham has taken up the role of prime minister, with plans to honour Labour’s 2024 manifesto while weighing a pragmatic approach to North Sea drilling. The policy debate centers on Rosebank and Jackdaw, with Green groups warning against new licences and industry voices urging reconsideration to support energy security and jobs.
Keyne Yamal, the three-year-old brother of Lamine Yamal, has become a viral sensation during Spain’s World Cup run, celebrated for his playful moments in the stands as his elder brother leads Spain to a likely title. The Guardian, BBC and New York Post highlight his growing fame as social media embraces the youngster.
Major European rivers are facing prolonged low water levels amid heatwaves. Danube and Rhine routes have reduced traffic and higher costs, with officials warning levels may rise next week as rain returns in parts of the region.
The Guardian reports Burnham pledges to deliver “good growth in every postcode” through devolution and industrial policy; Bloomberg notes the economy faces major challenges, including weak growth and debt, as he is set to become prime minister. Together the coverage outlines a plan to rewire the state, with devolution and targeted investment at its core.
The Makerfield MP has outlined a ten-year vision to reform the country, advocating clearer funding priorities and a shift away from costly programmes. He has suggested early moves to free resources by scrapping digital ID and has signalled willingness to revisit taxation in pursuit of fairness while stressing unity within Labour.
The former New York representative has been announced as a contestant on Fox’s fifth season of Special Forces: World’s Toughest Test, set to air in September. The show will test participants with extreme military-style challenges in a Malaysian jungle, pitting Santos against other celebrities and athletes. Santos has faced criminal charges and was expelled from Congress after fabricating parts of his life story.
India is expanding data centers as part of its AI push, with Visakhapatnam becoming a focal point for a Google-backed megaproject. Critics warn energy and water use may outpace long-term job creation, while officials hope the investment spurs regional manufacturing and foreign investment.
Public health officials report rising cyclospora infections linked to contaminated produce. Authorities urge thorough washing and cooking to kill the parasite, advise peeling where possible, and caution against household cleaners on produce. New numbers reflect updates since yesterday’s briefing.
Kyiv faces a major missile barrage as Russia steps up ballistic strikes, causing casualties and widespread damage. Kyiv’s defenses are under pressure, with authorities reporting downed missiles and drones as Western-backed Patriot licenses edge closer to production.
The FDA has reaffirmed the outbreak advisory linking shredded iceberg lettuce from central Mexico to cyclosporiasis, while Taylor Farms recalls iceberg lettuce as a precaution. A subsequent reevaluation has determined the initial positive test was a false positive, but health officials say the outbreak data remains valid and investigations continue.
Brent crude has risen above $90 a barrel after renewed US–Iran strikes and a US naval blockade prompted fresh attacks on shipping through the Strait of Hormuz. Tanker transits have fallen sharply, insurers and analysts warn supply costs will rise, and US gasoline prices are climbing toward $4 a gallon.
The US is examining whether Chinese AI models have been distilled from American ones, with officials saying distillation amounts to IP theft. Moonshot AI’s Kimi K3 is among the models prompting the review, while OpenAI and Anthropic face heightened scrutiny as AI competition with China intensifies.