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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ships calling at EU ports may have to pay millions more euros in carbon fees, as Brussels plans to close a loophole that lets vessels cut their emissions bill by making stopovers just outside the bloc.Vessels sailing to the EU from outside the bloc must buy carbon allowances covering half their emissions for the journey. But officials are concerned that ships from far-flung ports are cutting bills without reducing emissions by stopping at ports near EU member countries, and then counting only…

U.S. lawmakers are considering how to curb the growing adoption of Chinese AI models by homegrown companies, as geopolitical tensions surrounding the rollout of artificial intelligence ramp up. AI has emerged as a key point of rivalry between the U.S. and China, with both nations vying for supremacy in the field. Chinese models are gaining traction among U.S. firms as they close the performance gap with American rivals while being cheaper to use. In April, the Trump administration accused Chinese entities of waging “industrial-scale campaigns” to rip off U.S. AI systems, and said it will explore ways to hold foreign…

South Korea’s KOSPI set to enter bear market as Samsung rout deepens Source link

The change in plans and subsequent price hike of The Weather Channel’s TV app shows how fickle the streaming industry can be, especially when it comes to legacy media companies’ roles. Many organizations that succeeded in the broadcast era are struggling to find the right value proposition, including prices, for the streaming era, while ensuring they have a place at the table. Even successful streaming TV providers are struggling to manage the infrastructure, app development, licensing costs, user support, and other expenses associated with running an attractively priced, always-on streaming service that can maintain profitability. The Weather Channel faces an…

Speaking to reporters in Dublin on Tuesday, O’Neill said that “increasingly we have lots of questions for the DUP to answer”.The first minister claimed “lots of” people in the DUP were aware of Donaldson’s “antics and behaviour”.”It’s very clear for us all to see that there was a culture in the DUP to turn a blind eye to actually what was happening,” she added.”That their leader was engaged in this type of behaviour and nobody knew about it? I don’t think anybody believes that.”O’Neill said she has spoken to her Stormont executive counterpart Little-Pengelly but added it was “for her…

People’s Liberation Army (PLA) JL-3 intercontinental-range submarine-launched ballistic missiles on Chang’an Avenue at Tiananmen Square during a military parade to mark 80 years since Japan’s defeat in World War II held in Beijing, China, on Wednesday, Sept. 3, 2025. Qilai Shen | Bloomberg | Getty ImagesChina’s rare launch of a ballistic missile from a nuclear submarine into the Pacific, demonstrating the sea-based leg of its nuclear arsenal, will push countries in the region to wall themselves off from Beijing by tightening defense ties.A People’s Liberation Army Navy submarine fired the missile, carrying a dummy warhead, toward international waters at 12:01…

Why is Inpex stock rallying today? Source link

The Texas App Store Accountability Act requires app stores to determine people’s ages with a “commercially reasonable method of verification” and to impose restrictions on people under 18. Apple and Google announced plans to comply with the law last year but warned that it would harm users’ privacy. Laws regulating speech face different levels of scrutiny depending on their nature. “When the government favors some speakers over others for their content, the law must be subject to strict scrutiny,” Pitman’s decision said. Pitman decided to apply strict scrutiny because he said the Texas law is content-based. The law excludes certain…

In a 20-minute video statement, recorded at his party headquarters in London, Farage insisted he had “done nothing wrong” in regards to his finances and railed against the media, complaining about the treatment of his family.He said the “establishment” were using “foul means” to target his party. The by-election would, he said, be “a chance to stick two fingers up to the entire establishment to frankly tell them where to go”.Reform sources have said they want the election to take place quickly and under parliamentary rules it could be scheduled as early as August. Asked as he left his party’s…

Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region’s oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. On Sunday, U.S. Vice President JD Vance arrived in Switzerland for high-level talks with the Iranian delegation, as the two sides seek to clarify the terms of ending the war.Elke Scholiers | Getty Images News | Getty ImagesOil prices rose Wednesday after the U.S. launched fresh strikes on Iran in retaliation…