Top World News

Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade

Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb OmanBusiness live – latest updatesGovernment borrowing costs continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war faded.Concerns about the inflation outlook worsened after the ceasefire between Washington DC and Tehran ended on Monday night without an agreement, with no progress on the reopening of the strait of Hormuz. Continue reading...

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Mechanical fault suspected in helicopter crash that killed British newlyweds in Greece

Marie Ebert, Alexander Cromie and their pilot died when their aircraft crashed on island of SifnosGreek police believe a mechanical fault may have caused a helicopter to crash moments before it was due to land on the island of Sifnos, killing a British couple on honeymoon and the pilot.Authorities were focusing on Tuesday on the “strange noise” the aircraft, a privately chartered Bell 206, is reported to have made before falling to the ground and exploding on impact. Continue reading...

Sydney Swans will sanction players for ‘serious breach’ over sexual assault allegations

Club’s board meets on Tuesday night to decide penalties after league boss calls reports ‘deeply concerning’The Sydney Swans AFL club will sanction players for “serious breach” of standards over an incident that led to a report of sexual assault.Victorian police on Tuesday confirmed the sexual crimes squad was investigating a reported sexual assault at Melbourne’s Pullman Hotel early on Monday morning. No arrests have been made and no charges have been laid. Continue reading...

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‘Picky bits’ on the menu as British shoppers snap up picnic food in heatwave

Consumers also turn to supermarket deals to save money, helping slow grocery price inflationBusiness live – latest updatesShopping baskets took on a decidedly summery complexion during last month’s heatwaves as consumers filled up on a British picnic staple: picky bits, and grocery inflation slowed.Spending rose on foods such as potato salad, olives and coleslaw, while ice-cream sales also increased, according to new data from Worldpanel by Numerator, a market research company. Continue reading...

Indian-Origin Grandma, Living In US For 27 Years With Green Card, Detained By ICE

Venkata Narsamamba Vasamsetty is being held at an ICE detention facility in Georgia, despite a US judge's May ruling terminating the government's prior deportation case against her.