Kothari Industrial Corporation acquires Zodiz, Jeetlo to strengthen mass footwear presence
KICL, a D C Kothari Group company, is set to acquire footwear brands Zodiz and Jeetlo, effective August 4, 2025, to bolster its presence in the mass-market segment. This acquisition will provide KICL with a stronger foothold in underserved consumer segments, focusing on products priced under Rs 1,000, catering to a value-driven market.
GHV Infra Projects bags Rs 2,645 cr worth contract from UAE entity
GHV Infra Projects secures a significant EPC contract. The contract is worth Rs 2,645 crore from Rana Exim FZ-LLC in the UAE. The project involves developing a smart manufacturing hub. It will be located at Ras Al Khaimah Economic Zone. The project is expected to be completed within 24 months.
Banks' credit growth to remain low as corporates using other funding sources in low interest rate regime: SBI Report
An SBI report indicates that bank credit growth is expected to remain subdued as corporations increasingly turn to alternative funding sources due to the current low-interest rate environment. This trend is evident in the declining share of bank credit in total resource flow, projected to fall to 22% by Q2 FY26. While overall credit growth stands at 9.
US tariff more biased against Indian automotive, tyre industries as compared to Asian peers: ICRA
The US has imposed a 25 percent tariff on goods from India. This affects the Indian auto component and tyre industries. Indian manufacturers may face disadvantages compared to Asian countries. These countries have lower duties. The tariff could hurt the competitiveness of Indian suppliers. Auto component exporters are expected to diversify markets. They will also improve cost efficiency.
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India continues to purchase oil from Russia: report rebuts Trump's 'good steps' claim
President imposes 25% levy on New Delhi and draws closer to Pakistan despite once-warm personal ties with Modi
Brookfield India REIT lines up Rs 1,000-cr preferential issue for growth push
Brookfield India Real Estate Trust plans to raise Rs 1,000 crore through a preferential issue to fund acquisitions and growth, following a Rs 3,500 crore raise in December 2024. With strong leasing momentum and rising occupancy, BIRET reported a 13% year-on-year growth in net operating income and expects further increases in occupancy and distributions, benefiting from easing interest rates.
Anand Auto buys Delhi Bungalow for Rs 195 crore
Auto component manufacturer Anand Automotive acquired a 1,550 square yard bungalow on Kautilya Marg in New Delhi for ₹195 crore, marking a significant property deal this year. This transaction, along with others by prominent figures like Anurag Jain and Aakash Chaudhry, highlights the surging demand for luxury properties among HNIs, driven by investment diversification and personal use preferences.
Nayara Energy looks inward as overseas options shrink
Hit by EU sanctions due to Rosneft's stake, Nayara Energy offered its export volumes of petrol and diesel to Indian state-run refiners. The company, operating its refinery at 80% capacity, reiterated its commitment to India's energy security. Nayara plans to invest ₹70,000 crore in petrochemicals, ethanol plants, and infrastructure expansion, despite the challenges.
Energy storage to hit record high
India's energy storage sector witnessed a record surge in July, with states tendering 8.1 GWh of capacity. Auctions revealed a record low tariff of ₹3.13 per unit for solar-plus-storage projects. This growth is driven by states seeking round-the-clock energy and utilizing the new viability gap funding scheme for battery energy storage systems.
Auto companies to meet PLI goals a year earlier
The government anticipates that beneficiaries of the PLI-Auto scheme will meet targets and utilize all funds by the fourth year, ahead of schedule. Several major auto companies, including Tata Motors and Mahindra & Mahindra, have already submitted claims. While automakers are progressing well, concerns remain regarding auto component manufacturers meeting the scheme's objectives.
Volvo shifts gears, to offer both EVs & ICE models in India
Volvo Cars India is adjusting its strategy, continuing to offer both electric and internal combustion engine vehicles due to slower EV adoption rates. This reverses their previous plan to go all-electric by the end of the decade. The company acknowledges varying EV adoption across regions and emphasizes the importance of government policies and charging infrastructure for EV growth.
Tejashwi Yadav listed in Bihar draft electoral rolls with old EPIC, probe on for possible forgery of second card: Report
Rejecting Tejaswi Prasad's allegation that his EPIC number was changed, ECI stated that the RJD leader used the Electoral Roll with EPIC No. RAB0456228 for filling his nomination papers on affidavit in 2020.
Bihar boy, 15, forced into bonded labour in Haryana, walks 150 km hungry and barefoot with severed arm
The Bihar boy was allegedly kept in confinement at a dairy farm in Jind where his job was to operate a motorised fodder chopper
UP horror: Wife, her brothers try to bury husband alive in Bareilly; saved by stranger
The incident took place in the Izzatnagar police station area where his wife, Sadhana, had allegedly planned the murder.
Ukraine says it uncovers major drone procurement corruption scheme
Anticorruption agencies arrest four suspects after government forced to backtrack on push to strip them of autonomy.
Woman offers ₹4,000 reward for lost Labubu doll: ‘Took her out drinking and…’
After losing her Labubu doll during a night out, a woman from San Francisco made a humorous plea on Reddit for its return, offering a $50 reward.
‘My marriage was crowded’: Diana and Charles cried before wedding over his unresolved love for Camilla
Princess Diana's wedding to King Charles III was marred by emotional turmoil, with both in tears before the ceremony. Charles's ongoing attachment to Camilla Parker Bowles and pressure from royal figures compounded Diana's distress, leading to heartbreak and struggles in their marriage.
Deported after Pahalgam attack, Pakistani woman to get visitor's visa: MHA tells J&K HC
Rakshanda Rashid (62), a Pakistani citizen who married Sheikh Zahoor Ahmed 35 years ago in Jammu, was deported as part of the decision taken by the Indian government to deport Pakistani nationals staying in India in the aftermath of the April 22 Pahalgam terror attack that claimed 26 lives.
Meet Sisters Preethy Mary, Vandana Francis: Kerala nuns who walked free from jail in conversion case
Earlier in the day, the special court of Principal District and Sessions Judge (NIA court) Sirajuddin Qureshi at Bilaspur granted bail to the two nuns and co-accused Sukaman Mandavi on the condition that they surrender their passports and do not leave the country.
PM Kisan 20th installment: Didn't receive ₹2000 in your account yet? Here's what to do
The 20th installment of PM Kisan Samman Nidhi Yojana, amounting to ₹2000 has been disbursed via Direct Benefit Transfer. Here's what to do in case you have not received it
Prince Harry and Meghan’s ‘peace talks’ with royals had hidden motive, claims expert amid PR overhaul
It is being said that Prince Harry and Meghan Markle's PR shake-up is seen as an attempt to enhance their media presence and mend relations with the royal family, although some commentators question whether they truly seek reconciliation or just a modernised royal role.
Shashi Tharoor’s cryptic reply on Rahul Gandhi 'endorsing' Trump’s 'dead economy' jibe: ‘He has…’
Shashi Tharoor gave a cryptic reply on Rahul Gandhi backing Donald Trump's ‘dead economy’ jibe towards India
Former CJI DY Chandrachud vacates official residence, shifts to 14-Tughlaq Road bungalow
The former CJI had bemoaned the controversy and referred to the medical condition of his daughters, who require a wheelchair-friendly home
‘Too far, madam’: Auto rickshaw driver abandons passenger midway, offers life lesson, ‘Sometimes, your journey will be…’
In a LinkedIn post, Aditi Ganvir recounted an auto driver who stopped short of her office, questioning her job choice.
Rahul says Arun Jaitley 'threatened' him on farm laws, son Rohan responds with reality check: 'Father died in...'
| Rahul Gandhi alleges threat by Arun Jaitley; son Rohan Jaitley responds, saying farmer's bill came months after Jaitley’s passing. n18oc_india
Israel to intensify Gaza bombing ‘without rest’ until hostages are freed, warns their Army chief
Israel's top general warned that military actions in Gaza will intensify if hostages held in Palestine are not released soon.
US and Europe See Putin Reining In Russia’s Unruly Hybrid War
US and European officials say they’re seeing a decline in suspected Russian state-backed sabotage acts this year, evidence that President Vladimir Putin’s security services may be reining in a hybrid warfare campaign that’s been blamed for attacks across Europe.
Mother-son duo, bank official among four booked for Rs 2.25 crore loan fraud
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Rajnath Singh flays opposition for raising questions on Operation Sindoor in Parliament
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‘Election system in India is dead’: Rahul Gandhi claims Lok Sabha polls were rigged
Defence Minister Rajnath Singh criticised Rahul Gandhi's claim that the election system is dead and the 2024 polls were rigged, urging Gandhi to present evidence.
Goa assembly passes bill to curb touting at tourist spots; fines hiked upto Rs 1 lakh
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Militant killed in Kulgam, second major encounter in a week in Kashmir
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Dehradun-Delhi Expressway likely to be ready by October
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In an Assam village, young men who found work in Gurgaon are returning in droves
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NIA court to pronounce order on bail plea of Kerala nuns today
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TMC Panchayat Leader Hacked To Death In West Bengal's Hooghly
TMC leader Pintu Chakraborty was hacked to death by unidentified assailants in Hooghly, West Bengal.
Terrifying Video Shows Bulldozer Falling 300 Metres Into Gorge In Shimla Amid Rain | Watch
A bulldozer accident in Shimla, Himachal Pradesh, killed the driver after the vehicle tumbled down a mountainside amid severe monsoon rains causing widespread damage.
Chhattisgarh School Principal Tapes Mouth, Beats Nursery Kid Over 'Radhe Radhe' Greeting
A school principal in Chhattisgarh's Durg was arrested for allegedly assaulting a nursery student and taping her mouth after the child greeted her with 'Radhe Radhe'.
‘We're Accused Of Harassing Biharis, But…’: Raj Thackeray's New Offensive Amid Marathi Row
Raj Thackeray accused BJP of double standards on regional identity. He criticised Maharashtra for hosting a Gujarati Sahitya Sammelan amid the Hindi-Marathi row.
Meerut Man Stabs Seven-Month Pregnant Wife To Death, Then Informs Police
In Meerut, Ravi Shankar stabbed his seven-month pregnant wife, Sapna, to death in a locked room at her sister's house.
Malegaon Blast Case: Coerced By ATS Officials To Name Yogi Adityanath, Pragya Thakur, Said Witness
The court, in its deliberation, found significant credibility in Milind Joshirao's allegations, saying he was 'forced to give the statement', thereby rendering it involuntary
Indore Honeymoon Murder: Woman Says Raja Raghuvanshi's Brother Fathered Her Child, Shows 'DNA Proof'
A woman claiming to be the wife of Sachin Raghuvanshi, brother of Raja Raghuvanshi, publicly presented a DNA report alleging that her son is biologically Sachin's
Tamil Nadu Pastor Who Used Home Church As Cover To Sexually Abuse Minor Schoolgirls Held
Victor Kamaraj, a 54-year-old preacher, was arrested for sexually assaulting over ten female students in Thiruvallur. Evidence from his phone led to his arrest under the POCSO Act
Malegaon Blast Case: No RDX Or Explosive Found At Home Of Lt Col Purohit, Court Noted
Consequently, this core narrative presented by the prosecution regarding his alleged involvement with RDX did not stand up in court
Hyderabad's 450-Yr-Old African Tree Called 'Hatiyan Jhad' For A Reason, Can Fit 40 People Inside
The Hatiyan Jhad Baobab Tree at Hyderabad Golf Club, believed to be from Madagascar, is a centuries-old landmark with an elephant-like trunk, protected by the ASI
Solapur Shocker: Stepmother Arrested After Strangling 3-Year-Old For This Trivial Reason...
In Mohol taluka of Maharashtra's Solapur, a woman was arrested for allegedly strangling her 3-year-old stepdaughter to death
‘Stick To Facts’: BJP Rebuffs Rahul Gandhi's Claim Of Arun Jaitley Threatening Him, Demands Apology
Rahul Gandhi claimed late Arun Jaitley threatened him over farm laws, sparking BJP's backlash. BJP leaders called Gandhi's remarks false, noting Jaitley died in 2019.
TCS Layoffs: Karnataka Labour Minister To Meet Top IT Companies Over ‘Unethical’ Pink Slips
TCS’s layoff decision is being seen as one of the biggest job reductions in the company’s history, with even junior employees who have been 'benched' for a long time seeing cuts
'Enough To Keep Them Awake...': PM Modi's 'BrahMos' Warning To Pakistan In Varanasi
PM Modi said all BrahMos missiles will be built in UP, and warned that Pakistan would face a decisive response through India's indigenous weaponry in case of another terror act.
Vehicles Swept Away After Dam Collapses Amid Heavy Rainfall In Himachal | Video
A cofferdam at Malana-I Hydropower Project in Himachal's Kullu collapsed due to flash floods, causing damage but no casualties. Rainfall has led to landslides and road blockages.
Tariffs, alarming job numbers and a high-profile firing: A wild week for the economy
The US has hit many countries with new levies, causing shock and confusion.
Right degrees, wrong time: New graduates face discouraging odds of landing a job
Across the economy, hiring in recent months has ground to its slowest pace since the start of the pandemic, with employers adding just 73,000 jobs in July.
Trump hits Brazilian products with 50% tariffs over Bolsonaro
Brazilian products are subject to a 50% tariff not because of Brazil’s trade policies, but because of Trump’s relationship with Brazil's former president.
Who are the winners and losers of Trump's tariffs?
Trump's finalized list of tariffs imposes heavy levies on Switzerland, Laos, Syria, Iraq, Serbia, Algeria and others.
Office of Special Counsel launches investigation into ex-Trump prosecutor Jack Smith
Smith is accused of potentially violating a federal law that prohibits government employees from engaging in political activity
Gaza’s youngest suffer as starvation spreads
As death by starvation mounts, NBC News reporters in Gaza witness up-close scenes of human suffering and loss as the war’s youngest victims gradually fade from malnutrition and a lack of medical care. NBC News’ Daniele Hamamdjian reports.
Will health insurance pay for Covid vaccines this fall?
If you want a Covid shot this fall, will your employer’s health insurance plan pay for it?
Josh Hawley wants to give you money, and the pope gets a Chicago-to-Rome delivery: The news quiz
A clothing company sparks outrage, former Vice President Kamala Harris is writing a memoir, and “Coach Prime” announces a cancer diagnosis.
Teacher suspected of killing Arkansas hikers alarmed parents with 'odd' behavior
Two years before he was arrested in the killings of two Arkansas hikers, Andrew J. McGann was known to some parents at a Texas elementary school for his pattern of off-putting behavior around their kids
Zohran Mamdani's team hopes to avoid the missteps of Chicago's progressive mayor
Before New York City mayoral primary winner Zohran Mamdani made a splash, another big-city Democratic mayoral candidate with progressive bona fides unexpectedly burst onto the national political scene
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Hamas refuses to disarm until Palestinian state established
Palestinian group says right to resist Israeli occupation 'cannot be relinquished until full national rights restored'.
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Storm Floris to bring 'unseasonably strong gusty' winds to UK
Storm Floris to bring 'unseasonably strong gusty' wind to UK
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Jeremy Bowen: Why some Palestinians I spoke to aren’t convinced by Starmer’s promise
Some say Britain's decision is an important first step – while others worry it won't make a real difference, writes BBC's International Editor Jeremy Bowen.
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'You're sold a lie': How do you spot a cult?
A psychotherapist explains how to spot a cult and why more support is needed for those who leave.
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What to do if your planned holiday destination is affected by wildfires
BBC News has spoken to a range of experts to look at where you stand with cancellations and insurance.
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Police pay rise of 4.2% 'barely treads water', staff body says
The Police Federation says the 4.2% pay rise is "worth the price of a Big Mac per shift".
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I no longer identify as Nigerian, Badenoch says
Conservative party leader, who grew up in Nigeria and US, says she has not renewed her Nigerian passport in decadesKemi Badenoch has said she no longer considers herself Nigerian and does not possess a Nigerian passport.The Conservative party leader, who was born in London, but grew up in Nigeria and the US and did not return to the UK until she was 16, said she had not renewed her Nigerian passport in two decades. Continue reading...
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Further arrest over RAF Brize Norton break-in
A man, 22, was arrested on Friday in relation to the incident, in which £7 million in damage was caused.
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Murdered mum and children 'together and finally safe', family say
Vanessa Whyte's sister Regina told mourners at the funeral Mass there were "no words available to express how this has impacted" their family.
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Long delays for passengers at Port and LeShuttle
Both the Port of Dover and LeShuttle are warning of delays of up to 90 minutes at check in.
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Man, 27, drowns saving two nieces at waterfall
The 27-year-old helped family members to safety before getting into difficult himself, an inquest has heard.
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North Korea sent me abroad to be a secret IT worker. My wages funded the regime
In a rare interview, a former North Korean IT worker reveals the secret scheme raising funds for Kim Jong Un’s regime.
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And Just Like That... Sex and the City reboot's third season to be its last
The season's finale will mark the end of the "Sex and the City universe", its showrunner announced.
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'I'm just useless' - Hamilton after Leclerc takes pole
Lewis Hamilton says he was "just useless" after qualifying 12th for the Hungarian Grand Prix while his Ferrari team-mate Charles Leclerc took pole position.
Inside the N Korean resort opened by Kim Jong Un - and what tourists make of it
The world's most secretive state is a mystery for billions of people - but not Anastasiya Samsonova.
'Drone followed Gaza colleague home and wiped out his family', says British doctor
A British doctor who has just returned from Gaza says a drone followed her colleague home where it wiped out his family.
Manhunt for 'dangerous' murder suspect who dropped off baby after four relatives found dead
A car has been found during the search for a man suspected of killing the parents, grandmother and uncle of a baby girl found abandoned in a US state.
'Little confidence' US Gaza delegation would see full picture
The visit to Gaza by Trump's envoy was an important gesture to show America cared about the humanitarian situation there amid mounting pressure at home and abroad.
Three Grenadian men sentenced to decades in prison for killing of US couple in Caribbean
Ralph Hendry and Kathy Brandel were sailing their catamaran last year when they were attacked and killedThree men from the eastern Caribbean island of Grenada who were convicted of killing an elderly US couple last year after hijacking their catamaran have been sentenced to decades in prison. They had escaped after their arrests but were recaptured shortly thereafter.Ron Mitchell, a sailor in his 30s who was accused of being the ringleader, received two life sentences late on Wednesday in the killings of Ralph Hendry, 66, and Kathy Brandel, 71. Continue reading...
Israeli author David Grossman says his country is committing genocide in Gaza
Writer says for many years he has refused to use word but now must ‘with immense pain and with a broken heart’The award-winning Israeli author David Grossman has described his country’s campaign in Gaza as a genocide and said he now “can’t help” but use the term.“I ask myself: how did we get here?” the celebrated writer and peace activist told the Italian daily La Repubblica in an interview published on Friday. Continue reading...
Ukraine-Russia latest: Trump moves US nuclear submarines closer to Russia after huge drone strike
Former Russian president Dmitry Medvedev told Trump to remember Moscow had Soviet-era nuclear strike capabilities
British man dies after going to Turkey for hair transplant
Turkish health authorities have reportedly opened an investigation following the death
Night vision goggles may have hindered helicopter pilots before DC jet collision that killed 67, experts say
Friday saw the final day of public testimony to the National Transportation Safety Board over the fatal midair crash – which occurred almost exactly six months ago in February
Talks held over making Trump first US president to be given Freedom of the City of London
Exclusive: There was a hope that awarding the president the ancient honour would provide an opportunity to make the case against tariffs – but the plan is thought to be ‘too controversial’
Trump gushes over Karoline Leavitt: ‘It’s that face, it’s that brain, it’s those lips, the way they move!’
The president gave the unorthodox compliments during a Friday interview in response to his press secretary's claim that he should be awarded the Nobel Peace Prize
Four shot dead at Montana bar as suspected gunman remains on run
Police are still searching for suspect Michael Brown, 45, of Anaconda, whom they call ‘armed and extremely dangerous’
Cambodia to nominate Donald Trump for Nobel Peace Prize after border truce with Thailand
Sun Chanthol thanked Trump for bringing peace and said he deserved to be nominated for the prize
122-year-old message in bottle found hidden in wall of Tasmanian lighthouse
A two-page handwritten letter dated 29 January 1903 was found in the wall
Inside Ghislaine Maxwell’s new Texas prison where she will bunk with Elizabeth Holmes and Jen Shah
Maxwell, 62, was convicted in 2021 of trafficking underage girls for Jeffrey Epstein
Columbia Sportswear sues Columbia University claiming merchandise is too similar and causes confusion
Columbia Sportswear claims Columbia University breached a deal the entities made in 2023 establishing how the word “Columbia” could be used on college merchandise
Animal shelters surge with abandoned pets after owners are detained or deported in ICE immigration raids
‘This is all we’re getting now: pets with deported and detained owners. Nobody calls for anything else,’ shelter owner says
Hot dog spill shuts down Pennsylvania highway
The crash and subsequent hot dog clean up delayed local morning commuters for at least a half an hour
Caffeine craze warning after pouches gain in popularity with teens
‘It may hit faster, and you may overdose, in a way, more quickly,’ professor says
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U.S. envoy tells Israeli families of plan to bring all the hostages home
Special envoy Steve Witkoff says the U.S. has a plan to bring home all the remaining hostages held by Hamas and that an end to the war is near.
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Where are the world’s nuclear weapons, and who owns them?
Recent threats by Russia and President Donald Trump’s deployment of nuclear submarines have brought renewed attention to the world’s nuclear stockpiles.
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In a Ukrainian maternity ward, a Russian missile delivered death
A missile killed Diana Koshyk and her unborn son in the hospital where she was being treated, near a building Ukrainian soldiers used as a warehouse.
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ICC prosecutor ordered to recuse himself from Venezuela investigation
Karim Khan’s familial relationship with a member of the legal team defending the Venezuelan government before the ICC drew scrutiny after a Post report in September.
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Sanctions bill targets China for enabling Putin’s war in Ukraine
The bipartisan legislation was introduced as tensions soared between Washington and Moscow, which has spurned President Donald Trump’s bid to end the Ukraine war.
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The champion English women’s soccer team is scoring new fans — even men
England’s women’s national team, the Lionesses, are two-time Euro champions, upstaging the English men who have failed to bring home a big trophy for 60 years.
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The world cares about the two-state solution again. Is it too late?
Even as discussion of a two-state solution has regained traction, on the ground, a viable Palestinian state seems more impossible than ever.
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Trump puts trade deal in doubt after Canada backs Palestinian state
President Donald Trump said it would be “very hard” to reach a deal with Canada after the country said it plans to recognize a Palestinian state in September.
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Derk Sauer, an independent force in Russian media, dies at 72
The Amsterdam native became a media magnate in Russia, where he founded the English-language Moscow Times and was later harassed by the authorities.
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Berkshire earnings take $3.8bn hit on write down of Kraft Heinz stake
Warren Buffett’s Berkshire Hathaway Inc. took a $3.8 billion impairment on its Kraft Heinz Co. stake, the latest hit to a bet that’s weighed on the billionaire investor’s company in recent years.
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The NBA plots a European revolution
Plus, a landmark legal ruling, George Pyne QA
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Asylum hotel protests spread to prestige London postcodes
Canary Wharf and Islington residents mobilise as unrest moves south from more deprived parts of northern England
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Is the stock market stupid?
The market reflects the attitudes of millions of participants — but it’s not always right
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How to travel
Some advice as the world jets off
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The logic behind the deregulation push by Reeves is flawed
The precedents for liberalising rules in finance do not augur well
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Sizewell C costs could hit £100bn including financing, modelling shows
Total for nuclear power station project set to be billions of pounds higher than official government estimates
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Games special: Where in the World? — solutions
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Games special: Super summer quiz
A summer-themed puzzle from the creator of Round on the Links
How to Make Money Selling Pizza in New York City
Why there's still room in the market for another pizza parlor.
Trump Pressures the Fed as Powell Holds the Line
As President Trump pushes for aggressive interest rate cuts, Fed Chair Jerome Powell resists political pressure, even amid a historic dissent of two members of the FOMC. Former Treasury Secretary Lawrence H. Summers warns that premature rate cuts risk damaging the Fed’s credibility. (Source: Bloomberg)
Rethinking Trade Around the Globe and Satellites Far Above It
How one firm is adjusting to tariffs and how another is competing with Elon Musk's Starlink
Swiss Tariff Deal Push Hits Roadblock in Heated Trump Call
Switzerland’s 11th-hour phone call with Donald Trump offered the nation a harsh reality check: A trade deal isn’t a deal unless the US president personally closes it.
HK Watchdog Accepts China Mobile’s HKBN Acquisition Commitments
Hong Kong’s competition watchdog has accepted commitments by China Mobile Hong Kong regarding its proposed acquisition of broadband provider HKBN Ltd. and won’t pursue an investigation, clearing the way for the merger to proceed.
IMF Relaxes Argentina’s Reserves Target by $5 Billion in 2025
The International Monetary Fund gave Argentina breathing room on a key benchmark after it missed the target this month, making it easier for the country to continue with its $20 billion funding program.
Fed Governor Kugler to Resign, Opening Spot for a Trump Pick
Federal Reserve Governor Adriana Kugler will step down from her position on the central bank’s board, the Fed announced Friday, handing President Donald Trump a sooner-than-anticipated opportunity to install a new policymaker who aligns with his vision for interest rates.
Saks Sees Chunks of New Loan Already Offered at Discount Prices
Portions of a new loan that struggling retailer Saks Global Enterprises obtained a little more than a month ago were being offered in the secondary market at below-par prices ahead of a key debt swap deadline, according to people familiar with the matter.
Fitch Lifts Pemex’s Rating by Two Notches on Mexico Issuance
Fitch Ratings upgraded Petroleos Mexicanos after the government sold $12 billion in global debt markets to help shore up the driller’s finances.
Figma Whipsaws in Second Trading Day After 250% Debut Gain
Figma Inc. shares were volatile in their second trading day, rising as much as 333% above the initial public offering price before paring gains.
Blackstone Sells Biggest UK CMBS Since 2008 Financial Crisis
Blackstone Inc. sold more than £1.5 billion ($2 billion) in bonds backed by UK holiday parks operated by Haven, the largest ever pound-denominated commercial mortgage security since the 2008 financial crisis, according to a person with knowledge of the matter.
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Ukraine drone attacks kill three in Russia, cause fire at oil refinery
At least three are killed in several regions of Russia while fire breaks out at an oil refinery in central Russia.
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Inside India’s expulsion of Bengali Muslims
A state-backed drive to deport Bengali Muslims from India is being justified and cheered on by the media.
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DRC, Rwanda agree economic framework outline as part of peace deal
Neighbours agree on terms of economic cooperation in several areas, including energy and mineral supply chains.
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Trump’s $200m ballroom: A history of home improvements at the White House
The White House has announced plans to build a new ballroom, fulfilling a long-term desire of Donald Trump's.
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How a popular Peruvian soft drink went ‘toe-to-toe’ with Coca-Cola
Inca Kola outshined Coca-Cola for decades, gaining a foothold during WWII through bodegas owned by a spurned community.
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Ex-Mali PM charged over X post supporting jailed critics of military rulers
Moussa Mara, the PM for eight months in 2014-2015, has been charged with 'undermining the credibility of the state'.
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Nigeria kills her sun: Death and vindication for Ken Saro-Wiwa, Ogoni Nine
An activist’s fight against big oil leads to his death sentence. Thirty years on, government says he's a national hero.
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Non-US West lacks “leverage” on Palestine issue
Professor Rex Brynen says the US is co-funding a calculated famine in Gaza through failed humanitarian efforts.
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Indonesian president frees hundreds of prisoners as part of unity plan
Among the first batch of freed prisoners were prominent rivals of former President Joko Widodo jailed during his term.
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Epstein victims claim ‘cover up’ as Maxwell moved to low-security prison
Former British socialite Ghislaine Maxwell, who is serving 20 years in prison, moved to minimum-security site in Texas.
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Russia-Ukraine war: List of key events, day 1,255
Here are the key events on day 1,255 of Russia’s war on Ukraine.
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Dangerous Mekong River pollution blamed on lawless mining in Myanmar
Fishing communities in Laos feel effect of pollution from gold, rare earth mining in rebel-controlled areas of Myanmar.
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Corporation for Public Broadcasting to shutter following Trump-era cuts
President Trump has called public media a 'monstrosity' that deserves to be defunded, despite millions of US viewers.
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Another US citizen killed by Israeli settler attack in West Bank: Family
Relatives of slain Chicago resident Khamis Ayyad urge Trump administration to launch probe into 40-year-old's killing.