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The Latest Breaking News from United States

Scandinavian Airlines bets on recovery with record €8.75 billion Airbus jet order

Scandinavian airline SAS has placed the biggest order in its history, agreeing to buy up to 40 Airbus widebody jets in a deal worth more than $10 billion (€8.75bn), a striking show of confidence from a carrier that emerged from bankruptcy only two years ago.

Euronews

The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chips

DBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, infrastructure and data centres. The bank expects AI spending, sovereign AI investments and rising power demand to create new investment opportunities while reshaping portfolio allocation amid geopolitical risks and persistent…

The Economic Times

Alphabet Makes Debut As Dow Jones Index Member, Pushing It To a New Record

The broader S&P 500 climbed 1.18% to close at 7,440.43, while the tech-heavy Nasdaq Composite outperformed with a 2.07% gain, ending the session at 25,820.14.

International Business Times

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Iran's inflation spiral deepens as rial slides and tensions rise

As Iran's rial falls to record lows amid escalating military tensions in the Persian Gulf, a sharp rise in inflation is pushing up the cost of basic necessities, with low-income households and rural communities bearing the brunt of the crisis.

Euronews

Why exiled Chinese billionaire Guo Wengui was jailed by the US for 30 years

IN FULL

The Independent UK

Taiwan raids Supermicro and two supply-chain partners in widening Nvidia smuggling probe — nine sites hit as six people summoned for questioning

Taiwan officials raided Supermicro Computer's Taiwan office on Monday, alongside the homes of six individuals and three affiliated company sites

Tom’s Hardware

First Thing: Supreme court hands Trump power to fire agency chiefs but rules against him on mail-in ballots

Decision overturns decades of precedent curbing executive power. Plus how one man survived eight days lost in the Pacific

The Guardian - UK

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China is a clear winner from Trump’s war in Middle East, report concludes

Beijing, whose stockpiles and renewables industry allowed it to withstand energy shock, is now gaining from global solar and EV push

The Guardian - UK

Trump takes his inflation battle to gas retailers after his Fed plot runs ashore—sets target for $2.50 a gallon

"The retailers must quickly react to this statement, and do what they know is right — DROP YOUR PRICE FOR OUR GREAT AMERICAN PEOPLE!"

Fortune

Supreme Court backs state transgender athlete bans

The Supreme Court backed state laws banning transgender girls from participating in scholastic girls’ sports in a decision issued Tuesday, upholding a legal argument used by the Trump administration in seeking to ban transgender athletes nationwide. Justice Brett M. Kavanaugh, in a majority opinion that turned aside challenges to West…

Roll Call

Armie Hammer’s controversial comeback movie secures worldwide distribution following Elon Musk’s backing

The film has faced fierce criticism over its extreme violence and anti-immigrant messaging

The Independent UK

Weak hiring is hurting young workers more than AI, study says

A new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among young Americans. While AI does present a challenge for recent graduates, the broader economic slowdown and reduced hiring have a more significant impact. This research…

The Economic Times

Iran criticises ‘petty’ US security chief after he ‘danced a happy dance’ over team’s World Cup elimination

Markwayne Mullin, who heads the US Department of Homeland Security, says he revelled in Iran’s elimination from the tournament

The Independent UK

America's Most Wanted Venezuelan Official? Florida Republicans Want Trump to Capture Diosdado Cabello After Clash With U.S. Rescuers

Florida lawmakers are urging the White House to move against Diosdado Cabello, one of the most powerful men in Venezuela and one of the most wanted Venezuelan officials in the United States, after an angry exchange with American rescue workers deployed to help after twin earthquakes devastated the country's northwestern…

Latin Times

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The Guardian - US

Doubt that Elon Musk ‘earned’ his trillion? Rightwing media says you’re in an ‘impotent envy cult’

The lovefest from Musk’s conservative fans completely overlooks the unscrupulous tactics behind his immense wealth

The Guardian - UK

Nuclear weapons storage in spotlight as US plans $4bn boost for its UK airbases

Pentagon files suggest some new facilities will store nuclear arsenal, with $163m also earmarked for secretive spy base

The Guardian - US

Did US drug agents allow lethal fentanyl to hit New Mexico’s streets?

Explosive AP story based on whistleblower testimony suggests agents ‘sat back and watched’ in hopes of securing larger drug-trafficking bust

Metal Hammer

“Using our history, our genocide, our pain to their political advantage”: System Of A Down’s Serj Tankian lambasts Israel for recognising Armenian genocide amidst Palestinian conflict

The singer slams the perceived hypocrisy, days after a United Nations commission accused the Israeli military of targetting children in the Gaza Strip

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news in one place.

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The Economic Times

Fewer US companies are willing to hire foreign grads

American companies are increasingly hesitant to hire international talent and sponsor visas, a trend linked to President Trump's stricter immigration policies. A significant drop in recruiter willingness to hire foreign graduates and a surge in companies considering overseas hiring highlight this shift. These barriers are frustrating businesses that rely on…

Fortune

The VCs betting founders need a village, not a blank check

Raj and Sunny Singh Sandhu closed Vicus Ventures’s debut fund at $55 million, turning down ‘way more’ capital to stay focused.

Euronews

NATO chief Mark Rutte welcomes UK's long-awaited Defence Investment Plan

The announcement follows months of wrangling within the government over the resources required to modernise the UK's armed forces in the face of rising threats, including from Russia.

PC Gamer

New production runs of Nvidia's much-loved RTX 3060 finally hit the shelves in Europe, but the price just ain't right

Ignore how much VRAM it has; it's simply not worth 333 euros.

The Independent UK

Trump mocked after sharing ‘golden gift’ for the White House: ‘President hired Putin for his decorator’

The president described the image as a ‘golden gift’ but the post, suspected to be AI-generated, has a number of glaring errors

International Business Times UK

Billionaire Sentenced To 30 Years in the US After Using Pro-Democracy Cause To Fuel $1 Billion Fraud Scheme

Guo Wengui, a self-exiled Chinese billionaire, was sentenced to 30 years in a US prison for a £735 million fraud scheme, exploiting supporters seeking democracy in China.

Euronews

Exclusive: Electricity bills in Germany and France rose by €700 million during record heatwave

Exclusive: Heatwaves are showing up on Europe’s energy bills – should fossil fuels face a windfall tax?

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