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A by-election in Clacton has been formally triggered, following Reform UK leader Nigel Farage’s resignation as MP. Reform MP Lee Anderson moved the writ in the Commons on Thursday morning, meaning there will be a likely by-election date of Thursday, 13 August, though this has yet to be confirmed.Farage has said he will re-fight the Essex seat in what he billed as a “people versus the establishment” by-election, following increased scrutiny over his finances and a parliamentary investigation.Labour, the Conservatives, the Lib Dems, the Green Party and Restore Britain have all ruled out contesting the seat.Questions surrounding Farage’s finances started…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldBerlin has struck a deal with Washington to buy American Tomahawk cruise missiles, capping months-long efforts to improve its deterrence against Russia after the US scrapped plans to deploy a battalion equipped with the weapons in Germany.The move suggests a thaw in US-German tensions after Chancellor Friedrich Merz and President Donald Trump exchanged barbs in recent months. In May, the US said its planned long-range missile unit would no longer be deployed to Germany, and it moved to withdraw 5,000…
Pepsi soft drinks are displayed at a convenience store in San Francisco, California.Justin Sullivan | Getty ImagesPepsiCo on Thursday reported mixed quarterly results as the struggles of its North American food and beverage divisions offset strong international demand.”Results were tempered in the quarter as U.S. food and beverage category performance moderated with consumer budgets tightening due to rising inflationary pressures,” CEO Ramon Laguarta said in prepared remarks shared on the company’s website on Thursday.During Pepsi’s second quarter, global oil prices swung dramatically due to the U.S. war with Iran. In the U.S., the national average gas price hit a four-year…
Hugo Boss urges shareholders to reject Frasers’ ’inadequate’ bid Source link
AI executives and companies are betting that spending millions in the 2026 midterm elections will allow them to influence AI bills being developed in Congress. As of the end of June, the two biggest artificial intelligence political action committees have dropped at least $44 million into 40 House and Senate candidates, per a CNBC analysis of Federal Election Commission data. That’s an early taste of how the groups will spend the more than $200 million they’ve raised on the rest of primary season and into the general election, according to fundraising totals provided by groups. The spending by the burgeoning…
U.S. President Donald Trump speaks to members of the press aboard the new Air Force One on July 8, 2026. Win Mcnamee | Getty ImagesU.S. President Donald Trump said Wednesday evening that he does not know whether Washington and Iran are returning to a full-fledged war, but told reporters that Iran “badly” wants to make a deal to cease escalating hostilities in the Middle East. Trump flew back to Washington, DC, via the U.K. on Wednesday. Speaking to reporters on board Air Force One as he departed the U.K.’s Mildenhall Air Force Base, the president said American forces had “just…
CNY At A Glance: Tightening Our Forecast Band For Rest Of 2026 Source link
NATO Secretary General Mark Rutte greets Donald Trump, President of United States during a welcome ceremony of allied heads of state and government, on July 08, 2026 in Ankara, Turkey.Win Mcnamee | Getty Images News | Getty ImagesNATO had a fractious summit in Turkey this week, with U.S. President Donald Trump threatening to sever trade with one ally and annex the territory of another. But the alliance’s boss was full of praise for the man he called “dear Donald.”NATO Secretary General Mark Rutte thanked Trump, describing his push to get NATO nations to increase defense spending as a “staggering” achievement…
Oil’s H2 track record: 60% win rate masks midterm-year drag Source link
The proliferation of nuclear power in space got a little more real Tuesday with the launch of a small satellite developed by a Florida-based company specializing in nuclear micro-power technology. It’s a long way from launching a bona fide nuclear reactor, a breakthrough that could help power a permanent Moon base and efficiently drive rockets throughout the Solar System. But you have to start somewhere. The satellite from Miami-based City Labs is named BOHR, short for Betavoltaic Orbital High-Reliability, and it launched on a SpaceX rideshare mission Tuesday alongside 80 other payloads. SpaceX’s Falcon 9 rocket released the BOHR satellite…