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Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.

Britain faces among the highest borrowing costs of any developed nation — but bond markets offer 4 key lessons the government can embrace to remedy the issue.

The tech giant reported its first-quarter 2026 earnings on Wednesday.

U.K. gilts and bonds faced heavy selling pressure in response to the latest 'Starmer drama', as the prime minister faces down rivals ahead of the King's Speech.

A recent tie-up between Jeep maker Stellantis and China's Leapmotor is seen as a watershed moment for the future of European carmaking.

SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.

Asian markets mixed on Wednesday as investors grappled with hotter-than-expected inflation, U.S.-Iran tensions and U.S.-China trade talks.

Military life has always involved some degree of uncertainty. But for many families, the fear and unknowns that come with the Iran war are new territory.

At least 15 former elected officials and co-conspirators with corruption offenses have been pardoned by President Trump in the last year, undermining the fight against public corruption.

Some flights are less than 100 miles, and they're the backbone of the U.S. air system, linking small towns and big cities. But short routes were in decline even before jet fuel costs spiked.

What form of government do we have in America now? Some scholars say it is no longer liberal democracy, but "competitive authoritarianism." NPR's Frank Langfitt explains the term and its origin.

Surveillance cameras captured the break-in, leading to Evans' arrest in August

These recent quakes were felt close to the Mosha fault, one of Iran’s most active seismic zones

The ruling is the largest payout ever awarded under Australia's native title laws

Developer blamed ‘toxic’ Trump brand and Iran war for the project’s collapse

Kremlin claims trilateral work to end the war continues as Putin’s forces attack Zelensky’s hometown

Prosecutors are asking for Erik Fleming to receive 2-and-a-half years in prison

The Pentagon announced on Tuesday that 10 weeks of war has cost the US $29bn

Kouri Richins was convicted in March of aggravated murder for lacing her husband's cocktail with five times the lethal dose of fentanyl

From the Trump administration’s point of view, renaming the military operation would restart a 60-day clock that requires congressional approval for war, one official said

Roza recounts sexual abuse she suffered at hands of prolific pedophile in emotional testimony, attacks federal officials for revealing her identity and tells the justice system: ‘Please wash your hands’

Iran’s grip on the Strait of Hormuz has jolted the world economy, causing a spike in fuel prices

Russia’s President has welcomed the test launch of the new intercontinental ballistic missile as part of efforts to modernise the country’s nuclear forces

Donald Trump lashed out at a reporter who pressed him about the budget for the White House ballroom renovation on Tuesday (12 May).

Premium seating, suites and hospitality packages will be on offer for fans

Sergei Lavrov comments before leaders of the ‘Bucharest Nine’ meet later today with Nato’s secretary general Mark Rutte Meanwhile, Ukraine’s military intelligence warned that Russia has launched “a combined … airstrike on critical facilities” in the country.They said that the Russian army is sending “a significant number” of drones to overload Ukraine’s air defence systems, followed by air- and sea-based missiles and ballistic missiles. Continue reading...

Bovis Homes owner’s shares plunged 10.5% after it was forced to cut prices as buyers have become cautiousOne of the UK’s biggest housebuilders has warned its profits will be “significantly” lower, as it was forced to cut prices after heightened uncertainty sparked by the US-Israeli war on Iran.Vistry’s shares plunged 10.5% in early trading on Wednesday, hitting their lowest level in nearly 15 years, as it warned shareholders its first-half profits will be hit by the fallout from the Middle East conflict. Continue reading...

British pop-metallers’ frontman Oli Sykes suffers concussion after phone strikes him on the head, in latest in spate of similar incidents faced by musiciansEric Clapton and Bring Me the Horizon’s frontman Oli Sykes have both been struck by objects thrown at them while performing, the latter incident leaving Skyes with concussion.As Bring Me the Horizon performed in St Louis on Monday, a member of the audience threw a phone at Sykes, striking him on the head. Sykes continued to perform but cut one of the songs from the band’s set as well as a fan interaction section. Continue reading...

King will set out the government’s planned new laws in the state opening of parliament this morning Starmer holds 16-minute meeting with Streeting amid leadership crisisLibby Brooks is the Guardian’s Scotland correspondent.An odd dispute of interpretation has emerged overnight between the Scottish and UK governments. Yesterday evening a Scottish government spokesperson announced that, during a call between first minister John Swinney and prime minister Kier Starmer, both parties agreed to meet face to face next month to discuss a referendum on independence.It is particularly welcome that the prime minister agreed to meet next month to discuss a referendum on independence.The PM committed to meeting to discussed shared issues including the cost of living.As the PM told the first minister, the manifesto this government was elected on was unambiguous that ‘Labour does not support independence or another referendum’. Our position remains unchanged.We, in Scotland, as in the rest of the UK, had a devastating set of election results and we were simply unable to articulate our offering, or indeed critique, of the SNP government because of the noise created at the centre.Therefore, we became, and the prime minister became, the inadvertent midwife of a fifth-term SNP government. And that scenario you saw then, people waiting for a speech to try and articulate his new direction, a strategy, and it simply was not forthcoming.This is not one faction of the Labour party. This is about the Labour party articulating, I think, now a commonly held view that this is unsustainable and unstable. Continue reading...

Sussex police say officers are working to identify women and understand what happened to themThe bodies of three women have been recovered from the sea off Brighton, Sussex police said.The force said emergency services were called to concerns for the welfare of three women in the sea off Brighton at around 5.45am on Wednesday. Continue reading...

Ally of health secretary calls for prime minister to set out timetable for departure ahead of king’s speech• UK politics live – latest updatesWes Streeting has held talks with Keir Starmer in Downing Street as an ally of the health secretary renewed calls for the prime minister to resign, saying his authority had “irretrievably ebbed away”.Streeting arrived in No 10 on Wednesday morning amid intense speculation over Labour’s leadership crisis and his own future within the party. He left approximately 16 minutes later without commenting to the media. Continue reading...

Defence minister says E-7A Wedgetail surveillance aircraft deployed to Gulf in March will join UK and France-led defensive effort to calm Iran conflictFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia will send a hi-tech military plane to join an international mission to reopen the strait of Hormuz, but the Labor government has not ruled out sending more assets to the Middle East.The defence minister, Richard Marles, joined an overnight meeting of defence ministers from 40 other countries, to discuss global efforts to reopen the key shipping channel off the Iranian coastline, which has been closed or heavily restricted since the beginning of the US-Israel assault in February. Continue reading...

Police say a murder investigation is under way after Tyler Fairman died in hospital.

Emma Raducanu will make her return to action in Strasbourg after being granted a wildcard, as she seeks crucial match practice before the French Open.

The suspect allegedly tried to transfer millions of dollars worth of shares from the K-pop singer's account.

The first Hampden Park is designated a scheduled monument in recognition of its place in football history.

Living on opposite sides of a so-called peaceline, they have had to overcome a psychological as well as a physical barrier.

President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.

Temporary truces have become a tool of performative diplomacy, an end in themselves rather than a prelude to a lasting settlement, analysts say.

Wolder, near the Belgian border, is waiting to see if the skeleton it dug up in a church is Count d’Artagnan, from Alexandre Dumas’s tale.

Dozens of Gulf citizens have been accused of belonging to Iran-linked terrorism cells as the war accelerates a shift toward deeper authoritarianism in the region.

The property developer says the war in Iran and Trump’s “unpopularity” contributed to the collapse of a plan for a 91-story building on the Gold Coast.

What form of government do we have in America now? Some scholars say it is no longer liberal democracy, but "competitive authoritarianism." NPR's Frank Langfitt explains the term and its origin.

China has a tight grip on rare-earth elements that are key to electronics, electric vehicles and fighter jets. A mine in Wyoming raises hopes for a domestic supply.

As Putin imposes Iran-style controls, citing security concerns, many Russian fear losing their connection to the global internet.

The cheap weapons have helped the militants rearm despite the loss of a sponsor in Syria and the U.S.-Israeli war on Iran.

Under pressure from Beijing, the president has indicated an openness to rethinking U.S. support for Taiwan, alarming its backers.

The 213cm centre, who publicly came out as gay in 2013, had been battling a brain tumour.

Palantir, Anduril, Google and other tech giants are selling AI-powered, computer-guided weapons systems.

Miami and Argentina player earns more than twice as much as the second-highest-paid player in Major League Soccer.