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Today’s Flagship
Beijing tries to resolve its long-running property crisis, the changing burden of global disease, and Megalopolis debuts at Cannes after 40 years in the making.
Land deliveries urgently needed in Gaza despite floating pier, aid groups say
US Central Command/Handout via REUTERS France sends more police to quell New Caledonia violence as civil war fears brew
Massive Ukraine drone strike hits energy infrastructure in Russia and Crimea
Beijing unveils sweeping action plan to tackle property crisis
Russia’s Kharkiv advance aims to stretch Ukraine’s forces thin
Warning over deadly mpox variant amid fears disease will cross borders
Western military trainers will be sent to Ukraine ‘eventually,’ top US military official said
EU probes Meta’s role in making Facebook, Instagram addictive for children
South Africa urges UN court to stop Israel assault on Rafah
Microsoft’s offer to relocate China workers could hit Beijing’s AI ambitions
China’s lead on EV battery innovation has not slipped an inch
Commercial real-estate investors run for the exits
Supreme Court upholds US consumer watchdog funding in blow to conservative legal agenda
Putin and Xi meet in Beijing as countries deepen ties
Media
Trump agrees to third debate as NBC scrambles to catch up with rivals
A third proposed debate caught Biden’s team by surprise, and followed behind-the-scenes discussions between the Trump campaign and NBC News.
REUTERS/Jonathan Ernst/File Photo
Politics
Intruder who attacked Nancy Pelosi’s husband sentenced to 30 years
David DePape also faces separate state charges stemming from the attack on Paul Pelosi.
Paul Morigi/Getty Images
Politics
Mexico’s presidential frontrunner is a scientist
Will Mexico’s scientist frontrunner tack towards renewables, or stay the course of AMLO’s pro-oil agenda? Plus, Mozambique sees a shift in leadership, and far-right separatists land in Catalonia’s parliament. All of this and more, in the latest updates to our Global Election Hub.
Emma RoshanToday’s Flagship
Beijing tries to resolve its long-running property crisis, the changing burden of global disease, and Megalopolis debuts at Cannes after 40 years in the making.
Politics
Why Biden and Trump ditched the Commission on Presidential Debates
The nonpartisan group established in 1987 had seen its prestige and influence wane after years of accumulated controversies.Politics
Mike Hixenbaugh on how a Dallas suburb led a national panic over race and schools
The author of “They Came For The Schools” covered Southlake’s battle over racism, bullying, and backlash.
Tech
Google DeepMind launches new framework to assess the dangers of AI models
The new protocols are meant for a time when artificial intelligence is so powerful that it can pose a serious, immediate threat to people.
Net Zero
The climate case for Biden’s new China tariffs
Why higher prices for climate tech in the US could actually be worthwhile for the energy transition.
Politics
Biden and Trump nixed a debate at a historically black college. Its senators aren’t happy.
The decision to bypass a proposed schedule by the Commission on Presidential Debates left Virginia State University’s planned event in limbo.Politics
At corruption trial, Menendez defense pins blame on wifeThe New Jersey Democratic senator’s trial is expected to last as long as eight weeks.
Insights from The Washington Post, Politico, and Semafor
Africa
Disillusion grows in Kenya as Biden hosts Ruto for a historic state visit
In Kenya, President William Ruto’s US state visit has been overshadowed by widespread discontent over proposed tax hikes and the cost of living.
Business
Warren circled wagons around embattled FDIC chief
Ex-top aides to the Democratic senator have helped Martin Gruenberg prepare for DC hearings about the FDIC’s toxic work culture.
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politics
Flickr/Kevin Coles
Intruder who attacked Nancy Pelosi’s husband sentenced to 30 years
David DePape also faces separate state charges stemming from the attack on Paul Pelosi.
Mexico’s presidential frontrunner is a scientist
Will Mexico’s scientist frontrunner tack towards renewables, or stay the course of AMLO’s pro-oil agenda? Plus, Mozambique sees a shift in leadership, and far-right separatists land in Catalonia’s parliament. All of this and more, in the latest updates to our Global Election Hub.
Why Biden and Trump ditched the Commission on Presidential Debates
The nonpartisan group established in 1987 had seen its prestige and influence wane after years of accumulated controversies.
Mike Hixenbaugh on how a Dallas suburb led a national panic over race and schools
The author of “They Came For The Schools” covered Southlake’s battle over racism, bullying, and backlash.
Biden and Trump nixed a debate at a historically black college. Its senators aren’t happy.
The decision to bypass a proposed schedule by the Commission on Presidential Debates left Virginia State University’s planned event in limbo.
Flickr/Kevin Colesbusiness
Matthew Eisman/Getty Images for Hamptons International Film Festival
Beijing unveils sweeping action plan to tackle property crisis
Developers are still struggling under the pressure of the property market’s steep downturn.
Commercial real-estate investors run for the exits
As debt costs soar and return-to-work realism sets in over the office market, investors in Barry Sternlicht’s property fund tried to pull $500 million, or about 5% of the fund’s assets
Warren circled wagons around embattled FDIC chief
Ex-top aides to the Democratic senator have helped Martin Gruenberg prepare for DC hearings about the FDIC’s toxic work culture.
Global elections twist government M&A reviews
Nippon-US Steel, Anglo-BHP spark political outcries, but SES-Intelsat so far has escaped similar scrutiny.
How Bill Ackman’s anti-woke crusade paid off
Shares of his fund, Pershing Square Holdings, have soared since he’s taken to X to criticize corporate diversity efforts, support Israel, and bash student protests.
Matthew Eisman/Getty Images for Hamptons International Film Festivaltechnology
Samuel de Roman/Getty Images
Oriental Image via Reuters Connect
Amir Cohen/Reuters
Nasser Berzane/Abacapress.com via Reuters Connect
Google DeepMind launches new framework to assess the dangers of AI models
The new protocols are meant for a time when artificial intelligence is so powerful that it can pose a serious, immediate threat to people.
Samuel de Roman/Getty ImagesMicrosoft’s offer to relocate China workers could hit Beijing’s AI ambitions
The US tech giant offered China-based workers to relocate to countries like the US and Ireland, illustrating the spillover effect of geopolitical tensions between the two superpowers.
Oriental Image via Reuters ConnectOpenAI’s chief scientist departs months after failed Altman ouster
Ilya Sustkever said on Tuesday he is departing OpenAI for a project that “is very personally meaningful to me,” but did not share any more details.
Amir Cohen/ReutersTech critic McCourt mounts TikTok bid
The billionaire plans to rebuild TikTok as “a new and better version of the internet where individuals are respected and they own and control their identity and their data.”
Nasser Berzane/Abacapress.com via Reuters Connectafrica
Kimberly White/Getty Images for Kenya Business Roadshow
AFP via Getty Images
Disillusion grows in Kenya as Biden hosts Ruto for a historic state visit
In Kenya, President William Ruto’s US state visit has been overshadowed by widespread discontent over proposed tax hikes and the cost of living.
Kimberly White/Getty Images for Kenya Business RoadshowEast Africa outages stir fears over Africa’s internet vulnerabilities
Fresh damage to undersea cables that supply African countries with the internet has raised new fears about the continent’s network vulnerabilities as it marks the third widespread disruption this year.
AFP via Getty ImagesAmerican Express sees Nigeria’s ‘upward trajectory’ as ripe for credit cards
American Express is rolling out new credit cards in Nigeria as it pushes to become a dominant player in Africa’s fledgling credit market.
Amazon takes its e-commerce machine to Africa
Amazon rolls out its online shopping service in South Africa, where it will compete with Takealot and Jumia in the e-commerce space.
White House quietly appoints new Africa director
US President Joe Biden appointed Frances Z. Brown as his new special assistant and senior director for African affairs.
net zero
Tingshu Wang/Reuters
REUTERS/Nick Carey
BYD EVs lined-up outside a factory in Hefei, China. Liu Jiao/VCG via Getty Images.
REUTERS/Lucy Nicholson
The climate case for Biden’s new China tariffs
Why higher prices for climate tech in the US could actually be worthwhile for the energy transition.
Tingshu Wang/ReutersChina’s lead on EV battery innovation has not slipped an inch
Solid-state and sodium-ion batteries are considered the next generation of EV batteries, and China is far out in front compared to other countries.
REUTERS/Nick CareyHow China is building the next big green industry
Chinese companies are racing to turn “black mass” into black gold, but the market remains largely unregulated and lessons are still being learned.
BYD EVs lined-up outside a factory in Hefei, China. Liu Jiao/VCG via Getty Images.Biden’s China tariffs could undercut Democrats’ promised electricity grid revamp
Democrats have campaigned on the promise of revamping the US’ ailing electricity grid so it can better support renewable energy. But Biden’s new tariffs on Chinese goods could slow the transition.
REUTERS/Lucy Nicholsonsecurity
REUTERS/Bernadett Szabo
France sends more police to quell New Caledonia violence as civil war fears brew
Violent protests in the French-controlled Pacific Ocean territory erupted after Paris passed an electoral reform that the island’s indigenous Kanak people say will dilute their vote.
Hong Kong risks losing last traces of autonomy from Beijing following UK spy probe
On Tuesday, the UK summoned China’s envoy for a dressing down after several espionage incidents in recent months, including one agent working in Hong Kong’s trade office in London.
Iran could go nuclear if threatened, top officials warn as Middle East tensions rise
A high-level Iranian official warned that the country could develop nuclear weapons if threatened.
How Princeton got burned by its outreach to Iran
Princeton University saw an opportunity to make the school a central player in bridging the decades-long divide between the US and Iran. But over the past dozen years, two of Princeton’s graduate students have been detained or kidnapped by Tehran and its military proxies.
Xi lands in Hungary as EU security rift deepens
Xi Jinping is wrapping up his Europe visit with a stop in Hungary, highlighting the divide in security policy between eastern and western Europe.
REUTERS/Bernadett SzabomediaREUTERS/Jonathan Ernst/File Photo
Trump agrees to third debate as NBC scrambles to catch up with rivals
A third proposed debate caught Biden’s team by surprise, and followed behind-the-scenes discussions between the Trump campaign and NBC News.
REUTERS/Jonathan Ernst/File PhotoTop executive departs Tucker Carlson’s new company
Justin Wells, the president of the Tucker Carlson Network, has left his position at the former Fox News star’s streaming service and launched his own production company.
New York Times staff complain of ‘unwillingness to tolerate dissent’
The draft letter criticizes Kahn over recent comments seen by Times staff as dismissive of young reporters.
Short-selling news startup didn’t disclose investment in anti-hangover drink
A new exposé by Hunterbrook Media, the startup newsroom whose affiliated company places stock market bets to profit from its journalism, raises questions about trust.
Business Insider’s editor-in-chief is stepping down
Nicholas Carlson is leaving his position as the top editor of the business-focused digital news outlet, and will become an editor-at-large focused on longer-term projects.
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