Breaking News

Trump rages as rebel House Republicans baulk at backing Big Beautiful Bill
Efforts to win over holdout House Republicans extend into early hours as Trump's tax and spending bill hits hurdles.

ASML, SAP, Mistral Ask EU to Delay Start of AI Act Rules
European companies including ASML Holding NV, SAP SE, Mistral AI have called on the European Union to suspend the implementation of its landmark artificial intelligence regulation because they say it puts the continent’s AI ambitions at risk.

Ryanair cancels 170 flights over 'recreational' air traffic control strike
Ryanair has warned of 170 flight cancellations, disrupting travel for more than 30,000 passengers, as a French air traffic controllers strike looms.

Microsoft to cut up to 9,000 jobs as it invests in AI
The US tech giant will axe 4% of its global workforce and plough money into artificial intelligence.

UK borrowing costs fall as investors' nerves ease
The cost of UK government borrowing falls and the pound rallies as the PM says he works "in lockstep" with Rachel Reeves.

US Lifts Chip Design Software Curbs on China in Trade Deal
President Donald Trump’s administration has lifted recent export license requirements for chip design software sales in China, as Washington and Beijing implement a trade deal for both countries to ease some restrictions on critical technologies.

Japan’s 2025 Wage Talks Conclude With Highest Gain in 34 Years
Japan’s annual wage negotiations concluded with the largest pay increase in 34 years, according to the final tally released by the country’s biggest labor union group, an outcome that supports the central bank’s view that a cycle of higher wages and prices is emerging.