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Breaking bursts of information as stories happen.
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Chancellor Rachel Reeves mandates cabinet ministers to award government contracts to British companies in shipbuilding, steel, energy, and AI industries.
May 25, 2026
Democratic candidates grapple with accusations of self-dealing as the party seeks to sharpen its anti-corruption message ahead of midterms.
A leaked draft memorandum outlines a proposed 60-day ceasefire extension and halt of hostilities between the US and Iran.
Corpus Christi, Texas, home to the nation’s largest oil export hub, is grappling with a severe water shortage that could lead to emergency restrictions by December 2026.
Antonio Gracias, a close associate of Elon Musk, stands to gain over $100 billion from SpaceX's upcoming IPO while his firm holds billions in liabilities from SpaceX-related leases.
President Trump asserts a peace deal with Iran is largely complete, though Iran questions the timing and readiness of agreement terms.
The Trump administration pursued diplomatic negotiations with Iran to revise nuclear deal terms, though efforts yielded limited success.
Brent crude futures fell 6% to $97.28 a barrel as markets anticipate a potential US-Iran peace agreement.
Regional rivals unite in urging the Trump administration to accept a peace deal with Iran, citing diminished U.S. influence and the need for stability.
Oil prices decline sharply as conflicting reports emerge from ongoing US-Iran peace negotiations.
Huawei claims a new chip architecture, LogicFolding, will enable production of advanced semiconductors by 2031, potentially reducing reliance on ASML's EUV machines.
Iran’s president asserts the country aims to dispel fears over its nuclear ambitions, though skepticism remains among global powers.