BitGou: Major earthquakes strike Venezuela

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Daily Briefing

By Kate Turton

Hello. Two major earthquakes strike Venezuela, Trump and a Republican senator engage in a shouting match over the Iran war, and Europe keeps sweltering under the deadly 'Omega' heatwave.

Plus, as scientists seek clues to longevity, the oldest living trio of siblings in the world may help them.

Today's Top News

Emergency services work at the site of a collapsed building after an earthquake, in Caracas, Venezuela. REUTERS/Gaby Oraa

Two powerful earthquakes struck Venezuela, killing at least 164 people with the death toll expected to climb much higher. Andean Bureau Chief Julia Symmes Cobb tells the Reuters World News podcast the government will struggle with its response as the country is already crippled by an economic crisis.
US President Donald Trump faced pointed criticism over the Iran war in a closed-door meeting with fellow Republicans, shortly before his administration asked Congress for tens of billions of dollars to pay for the conflict.
The biggest casualty of the US-Iran deal may not be Israel's Iran strategy, but the political brand Benjamin Netanyahu spent decades building as the Israeli leader who could uniquely bend Washington to his will on Iran.
NATO Secretary-General Mark Rutte sought to calm tensions with Trump at the White House, using a mix of flattery and gentle pushback to argue that instances of allies' reluctance to support the US war with Iran were limited to "isolated cases."
The mayor of Paris told busy Parisians to slow down as large parts of Western Europe remained in the grip of a deadly heatwave that has claimed dozens of lives, disrupted power supplies, and shut schools and cultural landmarks.
French President Emmanuel Macron said that his country's navy had intercepted an oil ‌tanker as it transited near the coast of Sicily, in what he called his country's latest action against the 'shadow fleet' Russia uses to ship oil ⁠and gas and to skirt Western sanctions.
A Milan prosecutor's crusading labor investigations have forced companies to grant fuller employment rights to more than 60,000 workers and recouped more than $1.1 billion in unpaid taxes, but also sparked a heated debate over whether the judiciary in Italy is overstepping.

Business & Markets

People on a pedestrian bridge at Lujiazui financial district in Shanghai. REUTERS/Go Nakamura/File Photo

Just two days after SpaceX made its historic market debut, a Chinese space startup held an investor roadshow for its maiden fundraising round. The aggressive fundraising pitch highlights a scramble among what Beijing refers to as China's "strategic emerging and future industries."
US AI company Anthropic accused Alibaba of illicitly extracting its Claude AI model capabilities in what it said was the largest known attack of its kind on the company, according to a ‌letter seen by Reuters.
Telehealth provider Hims and Hers Health may get a boost next year from employers dropping coverage of weight-loss drugs like Novo Nordisk's Wegovy and Eli Lilly's Zepbound and Foundayo to rein in costs, investors and analysts say.
Iraq will consider all available options if its OPEC quota is not significantly increased and has ‌weighed leaving the producer group, sources with knowledge of Iraqi oil policy told Reuters. Read our exclusive.
Chip stocks surged after Micron blew past forecasts, with demand still accelerating. Is the AI frenzy just getting started? Listen on the Reuters Morning Bid podcast.

China's carmakers rush to Canada as a ‘practice run’ for US sales

Just two weeks after Canadian Prime Minister Mark Carney announced he would allow limited electric-vehicle imports from China, that country’s biggest auto exporter, Chery, held its first meetings in Canada with car dealers. China’s national champion BYD, now the world’s largest EV maker, is already planning to open six dealerships in Canada.

Chinese automakers' aggressive moves into Canada, detailed here for the first time, come despite the meager prospects for sales and profits here anytime soon. But Canada is seen as the perfect beachhead for what many industry experts view as the inevitable invasion of Chinese cars into the US.

Sign up to the Reuters Auto File newsletter to stay up to date with the latest news, trends and innovations driving the global automotive industry.

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And Finally...

Zoraide de Deus Mota, Zulina de Deus Nunes and Levita de Deus Nunes, recognized as the world's oldest living trio of sisters in Rio de Janeiro. REUTERS/Tita Barros

What is the secret to a long life?

Three Brazilian sisters with a combined age of 316, who were named by Guinness this month as the oldest living trio of siblings in the world, may help researchers find ‌out.

Read more

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