Top World News

Jul 22, 2026 - World

Shares in Elon Musk company fall more 3% in after-hours trading, as earnings per share miss Wall Street expectationsTesla reported its second-quarter earnings on Wednesday, disclosing far lower profits than expected. The company’s already beleaguered stock, which had fallen about 14% this year to date, dipped further following the earnings report.Elon Musk’s automaker, once the pinnacle of his tech empire, has taken a back seat to SpaceX. Musk’s rocket and AI company held the largest stock market debut in history last month, turning the richest man on Earth into the world’s first trillionaire, though his net worth has since fallen from its peak. Continue reading...

Jul 22, 2026 - World

US military says it is degrading Tehran’s ability to threaten ships in strait of Hormuz; Houthis say tankers violated their blockade; US signs nuclear deal with Saudi ArabiaWelcome to our live coverage of the continuing crisis in the Middle East.The US military announced on Thursday evening it had began a 12th consecutive night of strikes against Iranian military targets at the direction of Donald Trump. Continue reading...

Jul 22, 2026 - World

GOP-controlled chamber paves way for reconciliation bill, while making long-shot attempt at new voting restrictionsHouse Republicans on Wednesday agreed to begin the process of writing a $95bn bill to fund the war with Iran as well as provide new aid to farmers, while making a long-shot attempt to impose new restrictions on voting nationwide.In a virtually party-line 216-214, the Republican-controlled chamber passed a budget resolution that paves the way for the creation of a reconciliation bill, which can advance through the Senate under special rules that circumvent the Democratic filibuster and requires only a simple majority to pass. Two Republicans – Warren Davidson of Ohio and Thomas Massie of Kentucky, as well as Kevin Kiley, an independent of California who aligns with the GOP – joined all Democrats in opposing the measure. Continue reading...

Jul 22, 2026 - World

US energy secretary Chris Wright says pair of agreements signed Wednesday ‘uphold the highest standards of nuclear safety and nonproliferation’Sign up for the Breaking News US emailA reminder that my colleagues are covering the latest out of the Middle East at our dedicated live blog.Donald Trump took to Truth Social a short while and noted that the US will destroy one bridge or power plant, including those near Tehran, “any time” that Iran “shoots a ship” in the strait of Hormuz. Continue reading...

Jul 22, 2026 - World

New prime minister has made Sarwar – the first senior Labour figure to call for Keir Starmer’s resignation – a peerScottish Labour’s rivals in Holyrood have slammed Anas Sarwar’s shock decision to resign as leader to sit in Andy Burnham’s new government, calling him a “chancer” and accusing him of lying to voters.The prime minister has made Sarwar – who was the first senior Labour figure to call for Keir Starmer to resign – a peer and given him a ministerial post at the Department for Business, Innovation, Science and Trade, No 10 announced on Wednesday. Continue reading...