China is known for producing goods that sell around the world, yet domestic spending remains well below what the government expects. A weak property market, persistently high youth unemployment and fragile consumer confidence are encouraging many households to save rather than spend. Beijing has introduced measures including consumer subsidies and a five-year plan aimed at expanding consumption. The limited impact of these policies raises questions about whether the downturn is temporary or reflects deeper structural problems.

BBBC Chinese2026-08-03 10:48

The yen surged after a historic currency intervention by the United States and Japan. Wall Street profits are on course for their strongest growth outside a recession. Oil prices also tumbled as hopes increased that U.S.-Iran talks could resume.

RReuters2026-08-03 09:55

President Donald Trump said new talks between the United States and Iran would start Monday, lifting hopes that an agreement could reopen the Strait of Hormuz. Iran’s Foreign Ministry spokesman Esmail Baghaei offered a conflicting account, saying Tehran was not currently negotiating with Washington. He said discussions with Oman were instead focused on securing safe passage for ships through the strait. Meanwhile, successive heat waves have left Europe’s largest rivers drying up.

BBloomberg Television2026-08-03 09:45

In 2025, Dr. Hong Ri-han, who holds a doctorate in medical sciences from Oxford University and a master’s degree in pharmacology from the University of Cambridge, earned the Master of Wine qualification. Since its creation in 1953, only about 420 people worldwide have achieved the distinction, with a pass rate of roughly 15%. Hong spent seven years and about S$70,000 completing the demanding process. He hopes more Singaporeans will see wine as more than prestigious estates and status, and appreciate its wider culture and terroir.

LLianhe Zaobao2026-08-03 09:00

Greece is confronting an expanding wildfire catastrophe after destructive fires swept across the country for a week. Blazes have broken out in multiple areas, including one roughly 70 kilometres from Athens. Many residents have been forced to leave, while countless homes have been damaged or destroyed. The crisis was compounded by a fatal mid-air collision involving two firefighting helicopters, intensifying anger among evacuated communities.

FFrance 24 English2026-08-03 08:46

Mainland Spain is set to experience a total solar eclipse for the first time in more than a century. On Aug. 12, darkness during daytime will spread across the Iberian Peninsula, as well as parts of Greenland and Iceland. A partial eclipse will be visible in other areas of the Northern Hemisphere.

TThe Associated Press2026-08-03 07:30

Reform UK is holding a press conference in Westminster, London. Party leader Nigel Farage is speaking at the event, alongside the party’s home affairs spokesman, Zia Yusuf. The proceedings are available to watch live. The event focuses on the party’s public presentation with both figures taking part.

GGuardian News2026-08-03 07:13

Uncontained wildfires spreading through Spokane, Washington state, have destroyed more than 600 buildings. Nearly 60,000 people were ordered to evacuate as the fires continued to spread. Mayor Lisa Brown warned that lives could be lost in the disaster.

RReuters2026-08-03 06:52

Video recorded Sunday shows firefighters working to contain wildfires in Porto Germeno, Greece. The blazes are among the latest incidents in a volatile European wildfire season. This year’s season began early and intensified quickly. The footage captures crews engaged in efforts to control the flames in the seaside community.

BBloomberg Television2026-08-03 05:33

Wildfires continued spreading across eastern Washington and remained uncontained on Sunday. Authorities said roughly 5,000 homes had been evacuated. About 600 homes, businesses and other buildings were destroyed. Federal resources were deployed as officials responded to the expanding fires.

TThe Associated Press2026-08-03 01:30

Vincent Pastore, known for his role in ‘The Sopranos,’ has died at the age of 80. Fox News national correspondent Bryan Llenas reported the death on ‘Fox Report.’ The segment presented the news as an obituary for the television actor and highlighted his legacy in the mob drama.

FFox News2026-08-03 00:30

Extreme wildfires are spreading in and around Spokane, Washington, leaving hundreds of people without homes. Thousands more have been evacuated from areas in the fires’ path. Officials describe the situation as the biggest wildfire emergency currently facing the United States and one of the worst disasters in Spokane’s history. Governor Ben Ferguson says he spoke with President Trump, who expressed concern about the crisis.

BBBC News2026-08-03 00:18

Israel has raised serious security concerns about a proposed deal involving Hamas disarmament, according to a report. Hudson Institute senior fellow Rebecca Heinrichs and national security strategist Jake Sotiriadis examined possible U.S. military options and negotiation strategies. Their analysis followed President Donald Trump’s pause in strikes on Iran to allow negotiations to move forward.

FFox News2026-08-02 23:30

US President Donald Trump says negotiations between the United States and Iran will begin on Monday afternoon. He told reporters that a deal has been reached on the Strait of Hormuz and that Iran’s denuclearisation will also be agreed. Trump said he cancelled major attacks planned for Friday after Saudi Arabia, the UAE and Qatar urged him to pause and pursue a deal instead.

AAl Jazeera English2026-08-02 23:17

Aviation accident investigators inspected the wreckage of a small tourist plane that went down while flying over Peru’s Nazca Lines archaeological site. All 13 people aboard were killed. The examination focused on the crash site and the aircraft remains as investigators assess the accident.

RReuters2026-08-02 22:55

Hungary’s only nuclear reactor is being temporarily shut down because the Danube River is drying up. The disruption is severely affecting industry and river transport. Prime Minister Peter Magyar has described the days ahead as “critical.” The situation is also being viewed as the first real test of the new prime minister’s leadership.

DDW News2026-08-02 22:38

President Trump spoke with reporters aboard Air Force One on Aug. 2 while traveling to Joint Base Andrews. The brief press gaggle took place during the flight. No further details were provided.

TThe White House2026-08-02 22:29

CNN Chief Data Analyst Harry Enten examines the ten issues on which President Trump has seen the largest declines in favorability since his first term. The segment begins with Trump’s historic unpopularity, then counts down successive issue-level drops from the tenth through the sixth. It also asks viewers to predict which issues make up the top five. The presentation is framed as a data-driven look at how Trump’s standing has changed over time.

CCNN2026-08-02 22:00

Police said Sunday that the suspect in a fatal weekend shooting at an In-N-Out Burger restaurant in southern Idaho has died. The suspect’s death was caused by a self-inflicted gunshot wound, according to police. The shooting took place at the fast-food restaurant over the weekend.

TThe Associated Press2026-08-02 21:36

Two crew members died when two helicopters collided in mid-air while fighting wildfires in Greece. The dead were a Danish pilot and a Greek fire service liaison officer. A British pilot and another Greek coordinator aboard the other helicopter survived. Video from about 65km west of Athens shows one Bell helicopter striking the other’s rotors before it caught fire and crashed into a ravine. The second aircraft made an emergency landing.

BBBC News2026-08-02 21:34

CNN’s NewsNight panel reviews the week’s major debates. Topics include the Pentagon’s quiet change to how it reports deaths from the Iran war and the Trump administration’s expansion of its immigration mandate. Republicans also press Fauci over his diary and Covid-19 response, while Trump remains open to temporarily withdrawing Blanche’s nomination.

CCNN2026-08-02 19:00

Speaking in Dover, Andy Burnham pledges to remain firmly committed to tackling small boat crossings. He also argues that refugees need safe routes. In his view, creating those routes would remove a selling point used by trafficking gangs. The remarks combine a promise of persistent enforcement with support for safer alternatives.

GGuardian News2026-08-02 18:21

Jennifer Gavito, a former US State Department official and senior adviser at The Cohen Group, said the impact felt across the Gulf has been a major part of the conflict. She suggested Gulf leaders are likely echoing advice given to Donald Trump by many of his military advisers. Their message is that launching renewed strikes on Iran would accomplish very little while generating additional economic costs. The assessment links regional concerns with arguments against further military action.

FFrance 24 English2026-08-02 17:00

Bloomberg This Weekend examines the weekend’s biggest headlines in a live New York broadcast. The program focuses on Iran strikes being put on hold and the digital divide surrounding artificial intelligence. Hosts David Gura, Christina Ruffini and Lisa Mateo are joined by several guests, including Rep. Jonathan Jackson and Tom Nides. Bloomberg also says graphics containing incorrect earnings dates were removed from the video.

BBloomberg Television2026-08-02 16:50