People walk past an anti-US billboard in Tehran. Majid Asgaripour/West Asia News Agency |
- US President Donald Trump is weighing options against Iran that include targeted strikes on security forces and leaders to inspire protesters, multiple sources said, even as Israeli and Arab officials said air power alone would not topple the clerical rulers.
- British Prime Minister Keir Starmer told Chinese President Xi Jinping that he wanted to build a "sophisticated relationship" with Beijing to bolster security and the economy, signalling a reset after years of strained ties.
- German Chancellor Friedrich Merz said Europe had found "self-respect" in standing up for a rules-based global order, and called for a stronger NATO within Europe while still extending the hand of cooperation to the United States.
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- Investors responded to Big Tech earnings this week with a stark warning: they will forgive record spending that brings solid growth, but punish companies if not, showing how much the stakes have changed since ChatGPT's launch more than three years ago.
- Federal Reserve Chair Jerome Powell stuck mostly to form, deflecting questions from the press about both his future at the central bank and a criminal probe launched by the Trump administration, but he did offer some candid advice to whoever next fills his shoes.
- US chipmaker Nvidia helped China's DeepSeek hone artificial intelligence models that were later used by the Chinese military, the chairman of a US House of Representatives committee said in a letter seen by Reuters.
- Toyota's plan to take an affiliate private looked unremarkable at first. Instead, the bid for Toyota Industries, or TICO, ignited a battle between activist investors demanding top dollar and a Japanese corporate culture that prizes stakeholder harmony over shareholder returns.
- Gold advanced to a new record high near the $5,600-an-ounce level, as investors sought refuge from escalating geopolitical tensions and weakening economic signals in the United States.
- European companies are steadily deserting home stock exchanges to head for Big Apple bourses. Some $1 trillion of re-listings may await. In this week's Viewsroom podcast, Breakingviews columnists debate whether anything can be done to reverse the flow, or if it points to deeper economic issues.
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General view of the village of Kapisillit, Greenland. REUTERS/Marko Djurica |
Trump talks about Greenland as a strategic asset that could be bought by Washington, while Denmark asserts its legal sovereignty over the island. For the Inuit people, who have lived here for centuries, no one owns the Arctic land. The concept that ownership is shared collectively is central to the Inuit identity, they say. It has survived 300 years of colonisation and is written into law: People can own houses, but not the land beneath them. |
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Kendrick Lamar accepts the Album of the Year award for "GNX" at the 25th annual BET Awards, in Los Angeles, California. REUTERS/Mario Anzuoni/File Photo |
The music industry will hand out its highest honors at the Grammy Awards, where Bad Bunny, Kendrick Lamar and Lady Gaga will battle for the most coveted album of the year prize and a chance to make history. Any of the three artists could take home the album accolade during the ceremony in Los Angeles, awards experts say. None of the musicians has ever won the honor, which last year went to Beyonce for "Cowboy Carter." |
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