EconomyAlphabet is seeking to raise about $3.6 billion in its first bond offering in Australia, people familiar with the matter said. Initial pricing guidance could come as early as Tuesday, with the notes potentially priced the following day.
EconomyAlphabet is seeking to raise about $3.6 billion in its first bond offering in Australia, people familiar with the matter said. Initial pricing guidance could come as early as Tuesday, with the notes potentially priced the following day.
WorldBelgium is battling its worst wildfires in more than a century, with hundreds of firefighters tackling flames in the Hautes Fagnes nature reserve. Germany, Sweden, Norway and the Netherlands have sent reinforcements, including helicopters, while several towns are evacuated.
PoliticsUS President Donald Trump has ordered the Pentagon to substantially reduce military exercises with South Korea, citing their cost, Seoul’s refusal to join Washington’s efforts on Iran and his “good relationship” with North Korean leader Kim Jong Un. The annual Ulchi Freedom Shield drills began today and run until Aug 27, with about 18,000 South Korean troops taking part. Seoul says improved US-North Korea ties could enable meaningful dialogue.
EconomySteven Major, a global macro adviser at Tradition Dubai, says the bond market is already focused on Jackson Hole as he examines several factors he believes are driving the long end of the yield curve gradually higher.
SocietyFlock Safety is facing growing scrutiny over its nationwide network of cameras that records license plate numbers. A weekend protest in Fargo, North Dakota, became physical, while officials in Hood County, Texas, shut down and covered the cameras over privacy concerns.
WorldMassive wildfires are burning across Europe, including Belgium, Greece, Spain, Italy and France. Alexander Held, a senior expert at the European Forest Institute, explains why fires are spreading to unexpected areas, how citizens can help prevent and contain them, and why Europe needs greater resilience and better-funded government support as fire seasons become more extreme.
PoliticsMyanmar President Min Aung Hlaing is set to arrive in Moscow as he continues an intensive diplomatic tour. It will be his first visit to Russia since taking on a civilian role in April, after trips to India, China, Laos and Thailand. Both countries face Western sanctions, while he has portrayed Myanmar as open for business and pursuing progress, stability and democracy.
SocietyAustralian woman Erin Patterson was sentenced to life in prison, with no parole for 33 years, after serving toxic death-cap mushroom-laced Beef Wellington to her parents-in-law and another relative, who died. She is now appealing her conviction, with the defence arguments under scrutiny.
EconomySingapore equities are among the world’s strongest performers, buoyed by robust economic growth, resilient bank earnings and a stronger Singapore dollar. Some fund managers expect more gains, while others caution that valuations look increasingly stretched after a multiyear rally.
EconomyA bank regulator appointed by President Trump has conditionally approved World Liberty Financial to become a bank. The crypto company was established by Trump’s sons and the sons of special envoy Steve Witkoff.
WorldPalestinians in Gaza say conditions have not improved despite discussions about implementing a peace plan. Israeli attacks continue, injuring people in Tuffah and Shujaiya and killing a 14-year-old boy in Khan Younis. Repeated ceasefire violations are raising fears that the truce may collapse.
WorldThe head of U.S. Central Command visited USS Lincoln over the weekend as questions persisted about when the carrier will return from the Middle East. Sailors’ families and members of Congress have voiced concerns about conditions aboard the ship after its nine-month deployment.
PoliticsSen. Jim Banks said the Trump administration used backchannel contacts with Iran’s Islamic Revolutionary Guard Corps as it sought a deal. He also discussed CENTCOM commander Adm. Brad Cooper’s visit to the USS Abraham Lincoln.
Society5:58:09The murder trial of Boston-area mother Lindsay Clancy, who is accused of killing her three children, has reached its 14th day.
CultureA statement from her father reported the passing of the 36-year-old performer. Her work included the productions “Heroes” and “Nashville.”
World4:49Iran says talks with the United States never began because Washington breached a memorandum of understanding meant to enable negotiations on sanctions and Tehran’s nuclear programme. Its Foreign Ministry spokesperson accused the US of “gross and widespread violations” weeks after the memorandum was signed and said the agreed 60-day period is no longer relevant.
WorldRussia says it shot down more than 800 Ukrainian drones overnight, while authorities reported at least six deaths. The attack appears to rank among Ukraine’s largest aerial assaults on Russia as both sides intensify their air war, with Ukraine increasingly striking targets deep inside Russian territory.
EconomyFresh economic data further reduce expectations for Federal Reserve rate hikes, sending the dollar to a three-month low. The 60-day US-Iran memorandum of understanding expires, and Tehran says it has “lost all relevance” because of alleged US violations. BNY Investments Newton’s Ella Gude discusses the Fed’s rate path.
PoliticsPresident Donald Trump said the 11-day exercises that began Monday are costly and send a “totally inappropriate and hostile” signal to North Korea, which he described as unthreatening and respectful during his presidency. The drills involve 18,000 South Korean soldiers and were intended to strengthen readiness against North Korean threats.
World6:38A UN team has reached Palestinian families trapped in Qusra, an occupied West Bank village, for more than a week. The families have been under siege by illegal Israeli settlers, according to the report. Hussam Ayloush of the Council on American-Islamic Relations provides further details.
PoliticsPresident Donald Trump says the United States will “substantially reduce” joint military exercises with South Korea, pointing to his “very good relationship” with North Korean leader Kim Jong Un. Indo-Pacific Affairs Analyst Victor Teo provides analysis.
WorldAs the siege enters its second week, 15 Palestinians, including two children, remain trapped in three homes in occupied Qusra in the West Bank. Israeli settlers and forces have cut off food, water and electricity. A UN convoy delivered supplies on Sunday, but Israeli troops blocked a water tanker from reaching the homes.
World6:06Fox News reporter Trey Yingst says President Donald Trump urged Iran’s regime to surrender as the 60-day ceasefire expired, while Trump said he had “no time schedule.”
PoliticsPresident Trump ordered the Pentagon to scale back joint military exercises with longtime Asian ally South Korea just hours before they were due to begin, citing the cost and Seoul’s refusal to join actions against Iran.