Russian General Accused of Bombing Kyiv Children’s Hospital Shot Outside His Home

He was shot twice outside his home in Russia, three days after Ukraine formally charged him with war crimes over a missile strike that hit a hospital treating 627 children.
Nigel Farage’s Reform UK Caught Arranging Secret Foreign Donations

Reform secretly paid £32,500 to fund three “independent” polls that boosted its own campaign, then got caught on tape proposing a workaround for the UK’s ban on foreign political donations.
Norway’s Oil Fund Proposes Cutting US Treasury Holdings, Reversing Course From April

The finance minister who said in April the fund would keep its US exposure is now the one deciding whether to approve a plan that does the opposite.
US Diesel Hits Record High as Iran War and Russian Refinery Strikes Squeeze Supply

Two wars, a stockpile crunch, and the start of peak seasonal demand all hit at once — and now the Fed has to decide whether it changes anything about September’s meeting.
Colombia Targets Copper Investment as New Government Rewrites Mining Rules

The repeal is one of the first concrete tests of whether Bogotá’s month-old, razor-thin government can turn a pro-investment platform into actual mining spending.
Volkswagen Board Approves 100,000 Job Cuts, Curbs Its Own Union Veto Power

Investors sent Volkswagen’s US-listed shares up more than 9% after a board split evenly between labor and shareholders signed off unanimously on the year’s largest restructuring vote.
Slob-Fest: Did Trump Call Ford A “Slob”?

President Donald Trump has seemingly reopened his personal fight with Ontario Premier Doug Ford just days after Ford tried to lower the temperature, folding the insult into a broader warning that the US does not want Canadian-made cars. Speaking Wednesday while meeting US travel executives, Trump argued that Canada has taken advantage of the US […]
ByteDance Borrows Nearly Triple and Still Pays Less

ByteDance is nearing its biggest offshore borrowing yet on terms that are cheaper than its last deal, giving the TikTok parent unusually favorable access to bank capital as it weighs a sharp increase in AI spending. The Chinese technology company has lined up a $29.6 billion dollar-denominated syndicated loan, Bloomberg reported, citing people familiar with the matter. The […]
Carney Announces $4.7B VIA Rail Deal Awarded to Alstom Canada

Ottawa is committing another $4.7 billion to VIA Rail’s fleet renewal, handing Alstom Canada a 313-car order that will make domestic manufacturing a central part of a federal rail program now exceeding $6.6 billion. Prime Minister Mark Carney announced the investment Thursday at Alstom’s Thunder Bay facility. The funding will cover the acquisition and maintenance […]
Texas Oil Production Falls for Second Straight Month, Driving US Pullback

Texas has emerged as the main source of a two-month pullback in US crude production, with the country’s largest oil-producing state losing 123,000 barrels per day between April and June even as national output began recovering in the latest month. US Energy Information Administration data released this week show Texas production falling from 5.851 million bpd in April […]