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Germany news: Federal Cabinet approves draft 2027 budget
The budget draft provides for more borrowing than initially planned, as well as a big increase in defense spending. Meanwhile, three men are facing trial over a massive stash of illegal weapons. Follow DW for more.
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Did FIFA cancel US player suspension after Trump call?
FIFA faces questions after reports it lifted US striker Folarin Balogun’s suspension following an intervention by Donald Trump. Did football’s governing body bend the rules ahead of a key match against Belgium?
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Trump defends call urging Balogun red card review: ‘It wasn’t a foul’
“I didn’t know what the hell a red card was,” said Trump, who called FIFA President Gianni Infantino about the suspension of Folarin Balogun.
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SpaceX President Gwynne Shotwell to donate stock to Trump Accounts
President Donald Trump told CNBC’s Joe Kernen last week that he thought SpaceX CEO Elon Musk would donate company stock to the program.
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ITV and Comcast’s Sky reshape British TV landscape with $2.1 billion deal
LONDON, July 6 : Comcast’s Sky has agreed to buy the broadcast channels and streaming service of Britain’s ITV for £1.6 billion ($2.13 billion), creating a British champion to compete with global players YouTube, Netflix, Amazon and Disney.Sky CEO Dana Strong said the deal, announced on Monday and confirming
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UEFA says FIFA ‘crossed a red line’ with Balogun red card U-turn at World Cup
July 6 : European soccer body UEFA lashed out on Monday at FIFA’s decision to suspend a U.S. striker’s World Cup red-card ban, saying world soccer’s governing body had “crossed a red line” after President Donald Trump personally intervened in the case.The decision sent shockwaves through the World Cup and thr
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ECB payment system suffers second outage in a week
FRANKFURT, July 6 : The European Central Bank’s payment system on Monday suffered a second, short outage in the space of a week due to a glitch caused by a software update.The T2 system, which handles trillions of euros of daily transactions, was down for roughly 40 minutes in the early hours on Monday, delay
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Russian strike kills 14 around Kyiv on eve of NATO summit
KYIV: Russia fired missiles and drones into apartment buildings in Kyiv for the second time in a week on Monday (Jul 6), killing at least 14 people on the eve of a crucial NATO summit, authorities said.President Volodymyr Zelenskyy urged the alliance to take “strong decisions” on boosting Ukraine’s air defenc
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Micron, Ford sign semiconductor supply agreement for vehicles
July 6 : Micron Technology and Ford Motor on Monday signed a long-term agreement to secure the supply for memory and storage platforms used in the automaker’s next-generation vehicle production.This comes days after Micron’s similar agreement with General Motors, as part of the chipmaker’s ongoing inves
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AI investors may pivot to hyperscalers from chipmakers, Morgan Stanley says
July 6 : Morgan Stanley said the recent weakness in U.S. semiconductor stocks is a sign that the market gains are broadening, with investors likely to turn toward AI “hyperscalers” as well as consumer discretionary, transport and biotechnology shares. In a note dated Monday, the brokerage said hyperscalers �
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