The president’s media company reported a massive loss in its latest quarter. It plans to abandon newly added business lines as part of a fresh turnaround effort. The company instead intends to refocus as a forum where users can post their views. The shift puts user expression back at the center of its business direction.

Trump Mediaquarterly lossbusiness restructuring

A magnitude-7.5 earthquake that hit western Colombia on Monday has killed 132 people and injured more than 570, according to the Colombian government’s latest update. China’s embassy in Colombia said it had received no reports of Chinese citizens killed or hurt.

Colombiaearthquakecasualties

Colombia’s president, Abelardo de la Espriella, said the earthquake death toll has climbed to 111. He added that 87 people were injured.

Colombiaearthquakecasualties

Colombian equities moved lower after a major earthquake struck on Monday. The disaster killed at least 20 people and caused widespread damage across the country. Latin American assets were otherwise muted as investors remained concerned that the conflict in the Middle East could drag on. The market reaction combined the immediate impact of the earthquake with broader regional caution over the prolonged conflict.

ColombiaearthquakeLatin American markets

Nvidia has secured $500bn from major investors for artificial-intelligence infrastructure. The funding is intended for new data centres. These facilities will house and operate vast arrays of stacked computer chips. They will also provide the cooling needed for chips that process AI data and actions.

NvidiaAIdata centresinfrastructure

Intel is reportedly close to expanding the size of a planned share sale. People familiar with the matter say the company is aiming to raise about $20 billion. That would be roughly one-third more than the target announced when the transaction was disclosed Monday morning. The size of the offering has not been presented as final.

Intelshare salefundraisingcorporate finance

Iranian President Masoud Pezeshkian said Washington failed to bring down Iran in the way it had wanted. He said forecasts made by Iran’s “enemy” using artificial-intelligence data and information obtained through spy networks and agents failed one after another. Pezeshkian offered no further details in the statement described here about which forecasts he meant.

IranUnited Statesdiplomacy

Iran has gained leverage in the Strait of Hormuz. Its Gulf neighbours are responding by reshaping regional security arrangements. Their aim is to constrain what Tehran can do with the influence it has acquired. The contest around Hormuz is therefore driving a broader realignment of security in the region.

IranStrait of HormuzGulf security

Iranian Foreign Ministry spokesman Esmaeil Baghaei said on Monday that fees should be collected for maritime services provided in the Strait of Hormuz. His statement links payment to services connected with passage through the strategic waterway. The remarks address how maritime passage and related services should be charged.

IranStrait of Hormuzmaritime passagediplomacy

Iran’s Revolutionary Guards said on Sunday that the Strait of Hormuz would remain closed until the United States met a list of demands. Those demands include compensation for war damages. The central question is whether the conditions amount to a surrender document for Washington. Dr H.A. Hellyer, a senior fellow in geopolitics, international security and Middle East studies at RUSI, joins the discussion to assess the position.

IranUnited StatesStrait of Hormuzdiplomacy

President Donald Trump indicated that the United States is prepared to allow economic pressure on Iran to intensify instead of ordering new military strikes. He described the US position toward Tehran over the Strait of Hormuz as only “semi-negotiating.” His remarks point to an emphasis on economic leverage rather than an immediate fresh attack. The approach leaves pressure building while contact with Iran remains limited.

Donald TrumpIraneconomic pressureStrait of Hormuz

China’s Ministry of Commerce has preliminarily found that pecan imports from the United States and Mexico were dumped and materially harmed China’s domestic industry. It will impose interim anti-dumping measures through security deposits from August 11, 2026. Margins range from 17.8% to 51.6% for Mexican firms and stand at 54.3% for US firms.

Chinaanti-dumpingpecansUnited StatesMexico

China has ordered steep anti-dumping deposits on pecan imports from the United States and Mexico. The measure adds another point of friction to trade relations between Washington and Beijing. It comes only weeks before an expected summit involving President Donald Trump and Chinese leader Xi Jinping. The action could therefore weigh on the atmosphere surrounding the anticipated meeting.

ChinaUnited StatesTrade frictionPecans