Friday, June 12, 2026

Musk becomes first trillionaire with SpaceX IPO

Elon Musk has become the world’s first trillionaire after his company SpaceX went public on the Nasdaq exchange in New York City.

The share price skyrocketed nearly 20% on its first day of trading.

However, questions remain about whether the company is overvalued, especially amid warnings from SpaceX itself that it may never be profitable.

Nick Harper reports from Washington.

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BRITISH ARTIST DAVID HOCKNEY DIES AGE 88

Renowned British artist David Hockney has passed away at the age of 88.

He is best known for his paintings of swimming pools, including one titled “Portrait of Two Figures" which sold for over $90 million, holding the world record price for a living artist.

Lara Bentley has more from London…

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Trump lashes out at "dishonorable" Iran amid deal disputes

US president Donald Trump has lashed out at Iran calling negotiators "dishonorable" and accusing them of leaking a "fake" draft of a possible peace deal. 

It comes after he cancelled air strikes against the country on Thursday and said a deal could be signed as early as this weekend. 

Nick Harper reports from Washington. 

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UK GDP DOWN 0.1% OVER IRAN DISRUPTION

The UK economy shrank month-to-month for the first time since August last year.

Analysts say that’s mostly due to energy prices and logistics problems from the Iran war.

Stuart Smith reports from London.

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UK GOVT LIMPS ON WITH NEW DEFENCE SECRETARY

The UK's new Defence Secretary is starting work, after a series of resignations over the government's plans for military spending.

Dan Jarvis takes over from John Healey who quit on Thursday, citing concerns the upcoming Defence Investment Plan will be inadequate and leave the UK unsafe.

The government insists it will set out plans for billions of dollars in extra spending ahead of the upcoming NATO summit.

Business Secretary Peter Kyle says investment is rising.

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Armed forces minister Al Carns has also quit - and he says Prime Minister Keir Starmer will have to make difficult decisions to secure more defence funding.

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Asia stocks surge on US-Iran peace hopes, tech rebound

INTRO: Asian stocks are gaining while oil dipped on Friday following US President Donald Trump withdrawing his threat of further strikes on Iran.

The president says the US was nearing an agreement with Iran, but Tehran says that it’s not yet reached a final decision. Laura Westbrook reports from Hong Kong.


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Families of Indian sailors killed in US strikes call for investigation

Intro:

Families of Indian sailors who died after a US military missile strike on commercial vessels in the Gulf of Oman are demanding an investigation. 

Three Indian seafarers were killed, and 21 others were evacuated after a Palau-flagged oil tanker was hit for allegedly not following the US millitary's orders. 

Ishan Garg tells us more from New Delhi. 

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Thursday, June 11, 2026

Trump teases Iran signing this weekend

 US president Donald Trump says a peace deal with Iran could be signed as soon as this weekend.


He made the remarks after calling off a planned third night of strikes against Iran.

Nick Harper sends this report from Washington.

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Trump cancels strikes on Iran, claims deal near

US president Donald Trump says he is cancelling planned strikes on Iran, claiming a deal is now near. 

It follows two nights of US strikes against Iranian targets, and retaliatory strikes by Iran against US bases in the region. 

Nick Harper reports from Washington. 

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FIFA World Cup begins in Mexico

The FIFA World Cup kicks off today [Thursday - 19GMT kickoff] with the opening match in Mexico City.

It's the largest ever football tournament with a record 48 teams taking part across the three host nations: Mexico, Canada and the United States.

Security is tight ahead of the first game, amid problems over entry visas and thousands of unsold tickets due to high prices.

Toni Waterman is in Mexico City.

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[ALT] Toni Waterman is in Mexico City.

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[ALT] Toni Waterman is in Mexico City.

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ECB raises interest rates for first time in three years

The European Central Bank has raised interest rates for the first time in three years as it seeks to offset the economic impact of the U.S.-Israel war with Iran.


It’s the first central bank to raise rates since the start of a conflict that has sent energy prices soaring. 


William Denselow reports from Brussels. 



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Trump: United States to hit Iran "Very hard" tonight

President Trump issued a serious threat directed at Iran on Thursday morning, promising to hit the country hard before taking over Kharg Island and other infrastructure sites.

Mitch McCann reports:

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UK Defence Secretary Resigns

The UK defence secretary has resigned. John Healey says the government's plans for spending on defence 'falls well short of what's required.'


It’s yet another blow for Keir Starmer’s embattled government, as John Bevir reports.


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Zaporizhzhiya nuclear plant cut off power despite ceasefire for repairs

Following an attack near Europe's largest nuclear power plant in the Russian-controlled Ukrainian region of Zaporizhzye, external electricity supply was cut off. The Russian administration of the plant assured there was imminent threat of a nuclear incident. Moscow blamed Kiev for ignoring basic nuclear safety regulations and criticised the IAEA for lack of control despite its persistent efforts to stabilize the situation around the power plant. Daria Bondarchuk reports from Moscow.


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FIFA WORLD CUP KICKS OFF IN MEXICO CITY AS PROTESTS DISRUPT FAN FESTIVALS AND VISA ROW OVERSHADOWS OPENING DAY

The 2026 FIFA World Cup kicks off in Mexico City on Thursday with co-hosts Mexico facing South Africa at the Estadio Azteca, as protest camps block the capital's main fan festival site and more than a hundred thousand security personnel are deployed across the country.

The tournament is already facing controversy beyond the host city — a Somali match official was denied entry to the United States at Miami International Airport on Monday despite holding a valid visa and a diplomatic passport, with the BBC reporting that US authorities believe he had associations with individuals suspected of links to terrorist organisations.

FIFA President Gianni Infantino has defended the decision to co-host the tournament in the United States, saying countries — not FIFA — decide who crosses their borders.

Toni Waterman reports from Mexico City.

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Toni Waterman in Mexico City says that despite FIFA setting aside a batch of cheaper seats, prices on the secondary market are putting the biggest-ever FIFA World Cup out of reach for many supporters.

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U.S. COMPLETES SECOND WAVE OF STRIKES ON IRAN AS TRUMP THREATENS TO HIT POWER PLANTS AND BRIDGES

The United States military says it has completed a second round of strikes against Iranian military targets near the Strait of Hormuz, hitting surveillance systems, communications and air defences.

US President Donald Trump told Fox News he was close to ordering attacks on Iranian power plants and bridges, and warned strikes could resume on Friday if no deal is reached.

The strikes came even as a Qatari delegation was in Tehran pursuing diplomatic efforts to end the conflict.

Simon Marks, Washington correspondent, says the scale of the latest military action sits uneasily with the White House's message to Congress.

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Simon Marks in Washington says the ceasefire extension that the president predicted was imminent has failed to materialise within his own stated deadline.

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Simon Marks in Washington says the president's claim to have secretly moved vast quantities of Iranian oil does not stand up to scrutiny.

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India summons top US diplomat over attack on commercial vessel in Gulf of Oman

Intro:

India summoned the top US diplomat  - Charge d'Affaires Jason Meeks to lodge a protest against military attacks on a commercial ship in the Gulf of Oman that was carrying 24 Indian seafarers. 

21 of them have been rescued, but officials say 3 are still missing. 

Ishan Garg tells us more from New Delhi. 

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Wednesday, June 10, 2026

US carries out 2nd night of strikes on Iran

The US has carried out a second night of strikes on Iran, after president Donald Trump warned Tehran it was too slow to make a deal.

However, Iran said on Wednesday that a sustainable deal was not possible amid the continued US “threats”.

Nick Harper reports from Washington.

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US Inflation Rises to Three-Year High

Inflation in the United States has risen to a three-year high, presenting a new challenge to the Federal Reserve under its new chair, Kevin Warsh.

Mitch McCann reports from New York:

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EU warns Meta over AI chatbot access

The European Union has informed Meta that it must allow AI chatbots from competing tech firms to operate on WhatsApp. 


The parent company of the messaging service and Facebook says the move amounts to regulatory overreach.


William Denselow reports from Brussels. 


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