Browsing: Main Headlines

Each morning we bring you the main headlines from all around the globe. These are the headlines you have to know.

Electric car company Tesla has cut its prices in a number of major markets – including the US, China and Germany – as it faces falling sales. The move comes after it reported a sharp fall in its global vehicle deliveries in the first three months of this year.

Netflix has seen its profits soar in the first three months of 2024 in part due to its crackdown on password sharing. Netflix saw 9.3 million new customers in the first quarter, bringing its total number of subscribers to almost 270 million. The streaming giant said its profits in the first quarter jumped to more than $2.3bn.

The U.S. and U.K. impose new sanctions on Iran following an unprecedented attack on Israel, raising concerns of a wider conflict in the Middle East. The sanctions target individuals and entities involved in producing drones used in the attack, as well as firms in the steel and automotive industries supporting Iran’s military. President Joe Biden vows to continue imposing sanctions to degrade Iran’s military capabilities.

The second day of former President Donald Trump’s criminal trial took an unexpected turn as one of the jurors selected and sworn in earlier this week was excused on Thursday morning. The juror, a woman who works as a nurse and resides on Manhattan’s Upper East Side, expressed concerns about her ability to be fair and impartial in the case.

Joe Biden has said he “strongly supports” a new $61bn (£49bn) aid bill for Ukraine, arguing it will “send a message to the world”.The aid package is to be voted on this Saturday. The long-stalled measure is one of four that the House of Representatives will vote on.

Several Gulf states are being hit by heavy rain, causing deadly flash floods and disrupting flights at the world’s second-busiest airport. Dubai International Airport warned of “very challenging conditions” and advised some passengers not to turn up due to flooding.

Swedes can change their legal gender from the age of 16, after the Swedish parliament passed a law lowering the age. The law passed with 234 votes in favour and 94 against in Sweden’s parliament. Sweden was the first country to make gender transition legal – in 1972. But the new law has sparked a debate. For some, lowering the age from 18 to 16 will make an “important difference” but critics say more research is needed.

The EU will expand sanctions on Iranian producers of drones and missiles following Iran’s attack on Israel. More than 300 missiles were launched from Iran, with 99% of them shot down or intercepted by Israel and its allies. Iran launched its attack after an Israeli strike on its consulate building in Syria killed 13 people.

Several Gulf states have been hit by heavy rain, causing flash flooding across the region and flights being diverted from Dubai Airport – the world’s busiest airport. At least 18 people in Oman have been killed by floods, according to authorities. Several states have recorded nearly a year’s worth of rain in one single day.

Adidas has announced it is set to make profits of €700m (£598m) in 2024. The announcement comes after the German sportswear giant’s messy situation with Kanye West and his Yeezy shoes. In February, Adidas announced it would sell its remaining Yeezy trainers from its partnership with West for at least cost price. 

Security forces in the central Indian state of Chhattisgarh say they have killed 29 Maoist rebels. The incident has occurred just days before the country heads to the polls. The killing took place in the Kanker area close to Bastar, a stronghold of the rebels.

Westfield Bondi Junction – the centre that was the scene of the deadly mass stabbing attack – will reopen to shoppers on Friday. Six people, five women and one man, were stabbed to death on Saturday. Two people remain in intensive care. There’ll be heightened security at the mall, with more police and mall security on site.

The UK’s shortest-serving PM Liz Truss has endorsed Donald Trump to win this year’s US election, saying the “world was safer” when he was in the White House. The former prime minister said the world was “on the cusp of very, very strong conflict” and needed “a strong America more than ever”.

The historic old stock exchange building in the centre of Copenhagen, Denmark is on fire. The 17th Century Børsen is one of the city’s oldest buildings, its iconic spire has collapsed in the flames. Everyone in the building, which dates back to 1625, was able to leave and people rushed to rescue some of the building’s historic paintings.

China’s economy has grown faster in the first quarter than expected, even as the property sector crisis deepens. Official data show GDP expanded by 5.3% in the first three months of 2024, compared to a year earlier. That beat expectations the world’s second-largest economy could see growth slow to 4.6% in the next first quarter.

Heavy rains have battered Pakistan’s southwest, with flash floods and lightning killing at least 39 people. Some of those killed were farmers struck by lightning while harvesting wheat, authorities say. Flash floods have also disrupted power supplies and transportation networks.