Top World News

Jul 2, 2026 - World

Swiss bank UBS finds ‘growing divide between the wealthiest and the broader population’ as country adds more than 25,000 more millionairesGet our breaking news email, free app or daily news podcastMiddle Australia’s wealth is going backwards while the richest claim an ever-greater share of the pile, according to new research that shows more than 25,000 people across the country became millionaires last year.The latest global wealth report from the Swiss bank UBS said 2025 marked “an extraordinary year”, in which close to a million new millionaires were created worldwide – a record increase in a single year. Continue reading...

Jul 2, 2026 - World

Top House Democrat on committee that issued report says president ‘tries to steal the celebration of America’s 250th anniversary and turn it into something that’s all about Trump’Full report: Trump hijacked US’s 250 anniversary to serve ‘political ideology and pet projects’Sign up for the Breaking News US emailOpenAI is reportedly in early stage talks to give a 5% stake in the ChatGPT developer to the US government as artificial intelligence companies attempt to smooth relations with Donald Trump’s administration.The OpenAI chief executive, Sam Altman, has argued that giving the US public a financial stake in the company is the best way to share the benefits of AI, according to the Financial Times, which cited two unnamed people familiar with the discussions. Continue reading...

Jul 2, 2026 - World

More than 70 missiles fired at Ukraine capital as Russia faces fuel shortages after strikes against its oil refineriesEurope live – latest updatesAt least 21 people were killed and dozens injured overnight in Kyiv, local authorities said, in what the city’s mayor Vitali Klitschko claimed was the worst Russian attack on the Ukrainian capital during more than four year’s of Russia’s air assault on Ukraine.Russia used nearly 500 drones and more than 70 missiles in the hours-long attack on Kyiv and other parts of the country in the early hours of Thursday. Loud explosions shook the capital for several hours as waves of drones as well as cruise and ballistic missiles came towards the capital and Ukraine’s air defence attempted to shoot them down. Continue reading...

Jul 2, 2026 - World

Keir Mather and Virginia McVea’s claims follow decision by Maritime and Coastguard Agency to reject worker status of coastguard rescue officersA government minister and a senior official have been accused of misleading MPs over their plans to strip coastguard officers of their hourly pay.Keir Mather, the maritime minister, was said to have made false claims on Wednesday, while Virginia McVea, the chief executive of the Maritime and Coastguard Agency (MCA), was accused of having done so during a meeting with MPs a week earlier. Continue reading...

Jul 2, 2026 - World

India-Japan Summit 2026 LIVE News Updates: The event today will feature prominent voices including Union Commerce and Industry Minister Piyush Goyal, Daikin India Chairman and Managing Director Kanwal Jeet Jawa, India's Ambassador to Japan Nagma Mallick and many others