‘Zero truth’ to report of Donald Trump commuting Sean ‘Diddy’ Combs’s sentence, White House says

‘Zero truth’ to report of Donald Trump commuting Sean ‘Diddy’ Combs’s sentence, White House says

A White House official has said there is “zero truth” to a report that Donald Trump is considering commuting Sean “Diddy” Combs’s prison sentence as early as this week. On Monday, US entertainment site TMZ reported the US president was “vacillating” on whether or not to reduce the music mogul’s sentence, citing a “high-ranking White…

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Inflation: Cost of living challenges require bold decisions

Inflation: Cost of living challenges require bold decisions

You know bad economic news is looming when a Chancellor of the Exchequer tries to get their retaliation in first. Treasury guidance on Tuesday afternoon that Rachel Reeves has prioritised easing the cost of living had to be seen in the light of inflation figures, published this morning, and widely expected to rise above 4%…

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46 people killed in crash involving two buses in Uganda

46 people killed in crash involving two buses in Uganda

Police in Uganda say 46 people have died after two buses collided in Uganda. Police believe the two buses were involved in a head-on collision between the capital Kampala and the northern city of Gulu. They say the vehicles may have crashed because they were trying to overtake other vehicles – a lorry and a…

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CBI business group to name BAE Systems’ Hogg as next president

CBI business group to name BAE Systems’ Hogg as next president

The CBI, Britain’s best-known business lobbying group, will on Wednesday name Cressida Hogg, the BAE Systems chair, to take the helm until 2028. Sky News has learnt that Ms Hogg, who also sits on the board of the London Stock Exchange’s parent company, has been picked to succeed Rupert Soames as the CBI president early…

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Japan is falling in love with private equity. Can it last?

Japan is falling in love with private equity. Can it last?

As a state guest house, the Akasaka Palace in central Tokyo is used to playing host to visiting dignitaries. Last month, however, former prime minister Fumio Kishida wooed a different kind of crowd: the guests of US private equity group KKR. Over dinner for almost a hundred of Japan’s corporate executives and their bankers, Kishida…

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Ukraine uses British Storm Shadow cruise missiles to strike Russian chemical plant

Ukraine uses British Storm Shadow cruise missiles to strike Russian chemical plant

British Storm Shadow cruise missiles penetrated Russian air defences in a “massive” strike by Ukraine against a chemical plant inside Russia that makes gunpowder and explosives, the Ukrainian military has revealed. The use of the British-supplied weapons will likely trigger new threats and condemnation from the Kremlin. The UK gave Ukraine permission to use its…

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EU must cut red tape to boost growth, urge major European leaders

EU must cut red tape to boost growth, urge major European leaders

The leaders of 19 European Union members have urged the bloc to cut red tape. Those backing the demand include French President Emmanuel Macron, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni. In a letter sent to Antonio Costa, the president of the European Council, they say the supranational body must “review, reduce…

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