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The Latest Breaking News from United States

Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts

Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union boss

The Guardian - UK

London vs the North — or can both tech sectors win under Andy Burnham?

As the new Prime Minister pushes north, Chris Stokel-Walker looks at the capital’s future as Europe’s tech powerhouse

Evening Standard

MAGA level score against samba as US and Brazil play diplomatic football

The TOI correspondent from Washington : If you think ties between the US and India are shaky, the diplomatic world is shuddering at developments between Washington and Brasília. In a profession where glad-handling and bear hugs, pomp and ceremony, communiques and agreements are the routine between friendly countries, the United…

The Times of India

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RBI MPC meeting August 2026 highlights: Repo rate decision, inflation outlook & GDP forecast; key takeaways from Governor Sanjay Malhotra's speech

RBI MPC meeting August 2026 highlights: The Reserve Bank of India has decided to keep the repo rate steady at 5.25 percent, reflecting a cautious approach amid global instability and persistent inflation pressures. Despite these challenges, the domestic economy demonstrates resilience, with a projected GDP growth of 6.7 percent for…

The Economic Times

Trump admin to review 'closed' AI models before release: reports

The Trump administration on Tuesday met with tech leaders to finalize a security review process for advanced AI models before their release, though it will apply only to "closed" models, US media reported. According to Axios, the review process will only apply to closed models that are tightly controlled by…

The Economic Times

Ukraine-Russia war latest: Drone armed with explosives at German airport represents ‘new threat’, minister warns

Drone found in close proximity to a Ukrainian cargo plane at Leipzig/Halle airport

The Independent UK

Dropped Cases Against Alleged Reflecting Pool Vandals Followed a Rush to Judgment

Trump still seems to think the question of individual guilt or innocence is irrelevant.

Reason

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US Assistant Secretary Paul Kapur to visit India, Central Asian nations to boost trade, regional ties

Assistant Secretary S. Paul Kapur will visit India and Central Asian nations from August 5 to 12. His trip aims to advance key bilateral and regional economic priorities for the administration. Discussions will focus on trade, investment, and strengthening supply chain resilience across the region. Kapur will meet with senior…

The Economic Times

Dow Jones Tops 54,000 and Nasdaq Surges but Your 401(K) Rally Now Leans on a Handful of AI Stocks

The Dow topped 54,000 and the S&P 500 hit a record as tech rebounded, but the recovery in US retirement accounts now leans on a narrow set of AI stocks.

International Business Times UK

US-Iran-Oman near interim deal to reopen Strait of Hormuz: Report

The United States is nearing an interim agreement with Iran and Oman. This deal aims to reopen the Strait of Hormuz and restore a ceasefire. The arrangement will govern maritime traffic through the strait for sixty days. Naval mines will be cleared from a key shipping lane within thirty days.…

The Economic Times

Democrat Marie Gluesenkamp Perez survives Washington’s crowded primary

Two-term Democrat faced attacks from the left and right while defending a House seat in a territory Trump won

The Guardian - US

Has the AI race shifted from U.S. vs China to open vs closed?

Whether it’s GLM-5.2, Kimi K3, or DeepSeek V4, China’s open-source AI models are reshaping how we think about AI.

Fortune

Michigan Primary Senate election results 2026: In Abdul El-Sayed vs Haley Stevens, who is winning? Latest updates

Voters in five US states cast ballots in primary elections on Tuesday. These contests are expected to shape the battle for control of Congress next year. Several Democratic primaries featured contests between incumbent lawmakers and progressive challengers. Redistricting played a key role in the races across these states. Missouri and…

The Economic Times

'A battle': Demon wins all-Aussie clash, Popyrin fights

Alex de Minaur and fellow Australians Alexei Popyrin and Tahlia Gibson have all recorded encouraging wins three weeks out from the US Open in New York.

AAP

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The Economic Times

South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloff

South Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled by record highs on Wall Street led by AI earnings, easing oil prices amid US-Iran peace deal talks, and strong fundamental demand for semiconductor giants like Samsung.

The Economic Times

Amazon loses US court ban on Perplexity's AI shopping tools

In a novel legal dispute, the San Francisco-based 9th U.S. Circuit Court of Appeals determined that Amazon was unlikely to succeed on its claim that Perplexity's AI agents violated a federal computer-hacking law.

The Economic Times

US-Iran talks: Rubio says progress made on Strait, nuclear deal

US Secretary of State Marco Rubio detailed negotiations with Iran on two key objectives. These talks focus on reopening the Strait of Hormuz for safe maritime navigation. The ultimate goal remains the complete denuclearization of Iran, which is a long-term objective. Mediated by Oman, progress has been made in these…

Tom’s Guide

How to watch 'The Shards' online — stream the Bret Easton Ellis adaptation from anywhere

Parties, wealth, drugs, and elite socialites collide with a serial-killer story — here's how to watch "The Shards" online and potentially for FREE.

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Euronews

Trump says deal to open Strait of Hormuz could come by Wednesday or Iran will get 'hit very hard'

Iran has tightened its grip on Hormuz and wants to control the strait and charge tolls, powers it did not exercise before the war began on 28 February.

The Economic Times

Trump's $100,000 Truth Social plan raises eyebrows

US President Donald Trump's move to charge for early access to his often market-moving Truth Social posts is raising eyebrows a year and a half into an administration that has already seen unprecedented enrichment for the First Family. Subscribers to the paid service are supposed to get almost instantaneous access…

The Economic Times

ETMarkets NRI Talk | Alternatives can account for up to 20% of an NRI's India allocation: Shiv Gupta

From portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential to enhance risk-adjusted returns, albeit with higher risk and lower liquidity.

The Economic Times

Trump advisers tell AI firms they will not safety-test open-weight models

Open models, including Nvidia's Nemotron and Meta's Llama, are AI systems with publicly accessible core components. Closed models are controlled by specific companies. Major U.S. developers of closed models are OpenAI, Google ‌and Anthropic.

The Economic Times

Trump administration revokes visa of Brazil's ambassador to US in spat with Prez Lula

The United States revoked Brazil's ambassador's visa in retaliation for visa denials. Brazil had refused entry to two American diplomats ahead of its elections. This action also addresses Brazil's delay in approving the US ambassador nominee. The United States stated the decision could be reversed if Brazil acts appropriately. Brazil…

The Economic Times

Samsung, SK Hynix test Chinese chip tools as hedge against US risks

The memory chipmakers began testing AMEC etching equipment about two years ago, when uncertainty was mounting over whether Washington would continue allowing them to import U.S. chipmaking tools into China, two of the sources said.

The Economic Times

AI could slow affluent India; QSRs, credit cards may show stress first: BNP Paribas’ Kunal Vora

Coming to loans, personal loans increased by 13% in FY25 and FY26 which is softer versus the earlier years. Also, the recent resurgence in personal loans has been supported by the GST rate cut which is driving the demand for automobiles and the spike in gold price is driving the…

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