Even the prime minister's most loyal ministers are pushing him to change, writes Laura Kuenssberg.
Oil prices rose Thursday due to fresh U.S. military strikes on Iran, sparking concerns about Middle East supply disruptions. Brent crude futures increased to $78.82 a barrel, and WTI futures reached $74.29, as the U.S. Central Command cited Tehran's attacks on commercial shipping as the reason for the strikes.
A New York federal appeals court rejected Donald Trump's request to prevent E. Jean Carroll from collecting $5 million plus interest. Judge Lewis Kaplan granted Carroll's request to receive nearly $5.8 million from funds Trump deposited with the court.
China's consumer prices rose 1% year-on-year in June, missing forecasts and slowing from May, while wholesale inflation accelerated to 4.1%, driven by energy costs and AI demand, indicating weak domestic demand.
Maine Democratic Senate nominee Graham Platner has suspended his campaign following allegations of sexual assault. The oysterman and former Marine, championed by liberal figures, faced mounting pressure after a Politico story detailed the accusations, which he denies. His withdrawal deals a blow to Democratic hopes of flipping a Republican-held seat.
China's consumer prices rose 1% year-on-year in June, below economists' expectations and slowing from May. Meanwhile, wholesale inflation accelerated to 4.1%, driven by energy costs and demand for AI technology, though input cost inflation eased.
Luxshare Precision Industry, an Apple supplier, saw its shares drop over 5% in its Hong Kong trading debut on Thursday. The company priced its IPO at HK$63.28 per share, raising HK$24.27 billion ($3.09 billion).
