Noontime News Recap: Deadly fires, floods and strikes hit multiple regions as BP and Palantir beat forecasts
Russian and Ukrainian strikes overnight have killed civilians on both sides of the border, while also hitting logistics sites, according to regional officials and local authorities. 🔗In Crimea, Russian installed officials said four people were killed when a soldier opened fire in the village of Khmelnytske, and three others were wounded as the investigation continues. 🔗In Ethiopia, 14 people were killed when a landslide struck Tsadqane D monastery in the northern Amhara region during an overnight prayer service, according to local reports. 🔗Severe weather has also caused fresh loss of life in Asia, where Sri Lanka has closed schools in... [Continue Reading]
360LiveNews Recap | 04 Aug 2026 12:21 LONDON
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Palantir raises annual forecast after second-quarter revenue jumps 93%
Palantir Technologies has reported a sharp rise in second-quarter revenue and lifted its full-year outlook, sending its shares more than 14% higher in after-hours trading. The company said revenue reached $1.94bn in the quarter, up 93% from a year earlier. It said the growth was driven by strong demand from both commercial customers and government agencies.Chief executive Alex Karp said the quarter was "otherworldly" and said US commercial revenue grew 149% year on year. In a letter to shareholders, he said the business was compounding at a pace and scale the company had not seen before. Palantir also raised its... [Continue Reading]
360LiveNews | 04 Aug 2026 11:33 LONDON
Who will shape post-war Iran as rival power centres prepare for recovery?
As the war involving Iran enters its sixth month, debate is intensifying over who will define the country's post-war direction. The immediate question is not only how the fighting ends, but which institutions will shape the recovery that follows. According to the supplied material, external pressure has not produced a clear split in Tehran, but it has compressed existing disagreements into a more constrained political space.The row material says Washington has been betting that sustained military pressure will fracture decision-making in Tehran. It also notes that Secretary of State Marco Rubio recently said members of the Iranian government had contacted... [Continue Reading]
360LiveNews | 03 Aug 2026 14:06 LONDON
Australia raises proposed levy on big tech over news content deals
Australia is moving to raise the proposed levy on major digital platforms that do not strike content deals with news organisations, in a fresh step in its media bargaining policy. Under the plan, companies would face a 2.5% charge on digital advertising revenue if they fail to reach agreements with local news services. The government is expected to introduce the legislation to parliament in the coming weeks.The revised proposal increases the levy from 2.25% and narrows the base on which it would be calculated. Instead of applying to total revenue, the charge would now be limited to digital advertising revenue... [Continue Reading]
360LiveNews | 03 Aug 2026 02:30 LONDON
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Trump Threatens to Revive Anti-Weaponisation Fund Amid Blanche Confirmation Standoff
United States President Donald Trump has said he would push ahead with a controversial anti-weaponisation fund if his nominee for attorney general, Todd Blanche, is not approved. The remarks deepen a standoff with two Republican senators who are withholding support for Blanche's confirmation. The dispute centres on a $1.776bn fund that critics say would reward people who claimed political persecution.Trump made the threat in a post on Truth Social on Saturday, saying the fund would be "back on the table" if Blanche is not confirmed. He also said he would "push hard to get the Anti-Weaponization Bill" passed and keep... [Continue Reading]
360LiveNews | 01 Aug 2026 19:30 LONDON
US Senate advances Russia sanctions bill that could trigger tariffs on India and China
The US Senate has advanced a sweeping Russia sanctions bill that could impose major tariffs on countries buying Russian oil, including India and China. The measure cleared an early hurdle in Washington by an 86-12 vote and now moves to the House of Representatives for further consideration. It is named the Lindsey O Graham Sanctioning Russia Act of 2026.The bill would expand pressure on Moscow by targeting the trade that helps sustain Russian energy exports. According to the supporting material, the proposal could trigger 100% tariffs on countries that continue to buy Russian oil. Ukrainian President Volodymyr Zelenskyy was in... [Continue Reading]
360LiveNews | 31 Jul 2026 08:02 LONDON
Severe floods hit north Odisha as more than seven lakh people are affected
Heavy rainfall has triggered severe flooding across several districts in north Odisha, with officials saying more than seven lakh people have been affected. The worst-hit areas include Bhadrak, Balasore and Jajpur, where the administration is working to manage evacuations and relief. Authorities say the situation remains under close watch as river levels stay high.Revenue and Disaster Management Minister Suresh Pujari said nearly two lakh people are being evacuated from affected areas. He said water levels are receding in some districts, but most rivers are still flowing above the danger mark. The state government has said the situation is under control,... [Continue Reading]
360LiveNews | 30 Jul 2026 18:06 LONDON
Todd Blanche nomination delayed again as Senate Republicans seek IRS settlement clarity
The US Senate Judiciary Committee has postponed its planned vote on Todd Blanche's nomination to become attorney general, after Republican senators raised fresh concerns about his ties to Donald Trump and a disputed settlement involving the Internal Revenue Service. A committee spokesperson said late on Wednesday that the vote would be delayed as work continued to secure enough support for Blanche. The move leaves the nomination stalled and extends a confirmation fight that has become a test of support inside Trump's own party.The latest delay came after Republican Senators John Cornyn of Texas and Thom Tillis of North Carolina pressed... [Continue Reading]
360LiveNews | 30 Jul 2026 17:35 LONDON
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Airbus fined £6.4m in UK over export-control breaches involving sensitive technology
Airbus has been fined £6.4m in the UK after admitting multiple breaches of rules governing the export and transfer of controlled technology. The settlement was reached with HM Revenue and Customs after the company self-reported offences that took place before November 2022. HMRC said the case involved failures to keep records of controlled technology exports over a sustained period.The tax authority described the payment as its largest out-of-court settlement for strategic export offences. It said the breaches related to record-keeping failures under three Open General Export Licences and one Standard Individual Export Licence. Airbus said it had paid the settlement... [Continue Reading]
360LiveNews | 30 Jul 2026 14:04 LONDON
