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RBA holds rates as ASX reaches record high
The Reserve Bank of Australia held interest rates steady, easing pressure on mortgage holders and other borrowers who had braced for a further increase in borrowing costs. The decision coincided with the Australian share market (ASX) climbing to record highs, suggesting investors welcomed the central bank’s cautious, steady-as-she-goes stance, though the RBA governor made clear…
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Cluster drone strike kills at least 13 in Russia as Thames Water pays £1m signing bonus
TalkFuse briefing: a deadly Ukrainian drone strike on Russia’s Tatarstan region and Thames Water’s controversial £1m payout to its new CFO lead the news, alongside Sheffield’s Trippets Lounge closure, FIFA row and tributes to Dukes of Hazzard star Ben Jones.
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Trump bets economic pressure can squeeze Iran as regime’s own failures deepen the pain
President Donald Trump is signalling a preference for sustained economic pressure over immediate military escalation against Iran, betting that the country’s crumbling economy will force concessions without further US strikes. Speaking to Axios in a phone interview, Trump said the US was “only semi-negotiating” with Tehran, pointing to Iran’s soaring inflation and depleted finances as…
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Trump says he’s ‘low keying it’ on Iran: ‘It will work out’
President Trump said in a new interview he is “low-keying it” when it comes to the war with Iran as it nears its sixth month “We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money,” Trump told Axios on Sunday. The president also…
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A quiet rush for gold is sweeping the globe — here’s why countries are stockpiling it
Central banks around the world are quietly increasing their gold reserves at a rapid pace, driven by concerns over persistent inflation, mounting government debt and broader economic uncertainty. This trend reflects a growing desire among nations to diversify away from currencies such as the US dollar and hedge against potential instability in global financial markets,…
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Morning news brief
Iran aims to put pressure on Trump amid negotiations with Oman, Labor Department to release new report on inflation, new report reveals decades of abuse at arts school linked to Epstein.
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UK employment market shows ‘rays of light’ for jobseekers with upturn in pay, study shows – business live
The latest KPMG and Recruitment and Employment Confederation survey points to tentative improvement in the UK jobs market, with pay growth picking up and temporary vacancies rising for the first time in two years as employers favour flexible hiring over permanent staff. The findings matter because they offer early evidence that the prolonged slowdown in…
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SNP tuition record under fire as AOC interview, heatwave and Nolan’s billion-dollar Odyssey make headlines
Politics, health, sport, film and tech news: SNP faces free-tuition criticism and AOC draws attention; US Cyclospora fears boost farmers’ markets; Clarkson declares his harvest ruined; London Spirit win The Hundred; The Odyssey tops $1.1bn; Source Foundry lands $400m AI backing.
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SNP tuition record, hit-and-run early release, and Nolan’s Odyssey box office smash all lead
Daisley slams the SNP’s free tuition legacy, while the family of murdered schoolboy Kaylan Hippsley reel at his killer’s early release; The Odyssey becomes Nolan’s biggest hit, Liverpool suffer a defensive wobble under Iraola, and Benny Blanco drops a new single with Selena Gomez.
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Nolan’s The Odyssey becomes his highest-grossing film at $1.1bn
Christopher Nolan’s “The Odyssey” has become his highest-grossing film ever, taking $1.1 billion worldwide and overtaking 2012’s “The Dark Knight Rises” ($1.08 billion, unadjusted for inflation). The sword-and-sandal epic, adapted from Homer’s poem and starring Matt Damon as Odysseus, also became Imax’s biggest release of all time, with $289 million surpassing 2009’s “Avatar” ($271 million).…