Top World News

Profits boost for UK defence firms as governments increase spending

Shares in Rolls-Royce jump by 5% after it lifts earnings guidance, while BAE Systems also upgrades profit forecastsRolls-Royce and BAE Systems are expecting higher profits as governments around the world boost their defence spending.Both companies lifted their earnings guidance on Thursday morning, citing commitments from governments to increase investment in defence systems. Continue reading...

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US hits dozens of targets in Iran overnight as peace efforts under threat

Central Command says strikes aimed at diminishing Iranian military while mediators say talks are continuingMiddle East crisis – live updatesThe US struck Iran overnight and Tehran retaliated at US allies in the region, reigniting the low-intensity, tit-for-tat war as mediators struggled to pull the two countries back to the negotiating table.The US carried out overnight strikes on Iran – the first in more than five days – hours after Donald Trump vowed to hit the country “very hard” following Tehran’s targeting of a base in Jordan that hosts American troops. Continue reading...

Iran’s war with the US is not its only conflict as internal crises mount

Government fears social discontent on ‘most important battlefield’ of economy and livelihoods as war takes its toll amid anti-state dissentIran, in the midst of an escalating five-month war with the US, continues to stumble from one internal crisis to another – whether it is over public executions, the rising cost of living, the alleged bias of the state broadcaster or even the post-midnight destruction of pavements outside liberal-leaning Tehran cafes. Very little that happens in Iran, cultural or political, momentous or trivial, does so uncontested.But there is now a growing threat of a long diplomatic deadlock, forged by mutual distrust in which neither side believes the other will stick to any agreement. That impasse has occurred as the war broadens, drawing in Yemen, Iraq and now Egypt. In Iran, at least, the advocates of escalation are winning. As a result, a convergence of Iran’s conflicts, internal and external, becomes more likely. Continue reading...

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Labour asks Electoral Commission to investigate Reform UK over donations

Exclusive: Reform’s Robert Jenrick says party confident it followed all rules at the time, after latest Guardian revelationsThe Electoral Commission has been asked to investigate whether Reform UK has broken donations rules, after the Guardian revealed that the convicted fraudster George Cottrell transferred more than $2m to his mother in the days before her donations to the party in 2024.Labour’s new chair, Bridget Phillipson, wrote to the commission on Thursday asking for it to examine the donations and whether they had been recorded correctly. A party spokesperson said Reform was “up to their neck in sleaze and dodgy money”. Continue reading...

Nato ‘will take all necessary measures’ to defend territory after Russian missile crashes in Poland – as it happened

Polish PM confirms the missile that crashed in Poland was a Russian Kh-101 cruise missile and says he is in touch with EU and US leadersPoland’s defence minister Władysław Kosiniak-Kamysz confirms it’s “most likely” it was a Kh-101 air-launched cruise missile.“That’s the most probable hypothesis,” he says. Continue reading...