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- Safety concerns contribute to decline in quality of life perceptions in Kelowna
- House votes to limit Trump’s military authority on Iran as GOP support wanes
- Iranian drone strike on Kuwait International Airport kills one and injures 63
- EU struggles to respond as Russian drones increase incursions into airspace
- California Voters Decide Fate of Governor in Key Primary Election
- Gunfire reported in Mogadishu amid planned protests against Somali president
- Evacuation order for Cayford wildfire in Saskatchewan lifted
- Canadian Olympians Sarault and Kingsbury appointed parade marshals for Calgary Stampede
Business
James Murdoch has finalised a deal to acquire New York Magazine and the Vox Media Podcast Network for over £300 million, enhancing his media portfolio. The transaction includes Vox’s news site and popular podcasts, while CEO Jim Bankoff will continue to lead operations under Lupa Systems.
The EU’s trade deal with South America’s Mercosur bloc has begun provisional implementation after 25 years of negotiations. This agreement forms one of the world’s largest free trade areas, encompassing 720 million consumers and aiming to reduce tariffs on over 90% of bilateral trade.
President Trump announced that the US blockade of Iranian ports is proving effective, urging Tehran to “just give up” amid escalating tensions. Iran’s Parliament Speaker dismissed the blockade’s impact, stating it has only increased global oil prices, while tensions in the Strait of Hormuz continue to disrupt markets.
The pound’s recent strong rally has slowed, with traders looking for direction in a quiet week for UK economic data. Sterling is down 0.2% against the dollar, trading around $1.311, after losing over 1% in the past five days.
The dollar is near a two-week high ahead of key US data, including manufacturing PMI and Friday’s jobs report. These figures will influence whether the US Federal Reserve cuts rates by 25 or 50 basis points in September.
Premier League to rewrite rules after legal defeat The Premier League is urgently reviewing its…
Analysts at Panmure Liberum believe the UK will outperform other major economies in the coming months, thanks to stronger domestic demand.
Recent PMI data shows the UK saw growth in output and new orders in August, unlike the US and other major European economies.
Markets slide as Nvidia shares plunge almost 10% Financial markets in Asia and the US…
Pension pot amount needed for ‘basic’ retirement rises 60% in three years Research shows ‘alarming’…
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