The Federal Reserve held its benchmark interest rate unchanged on Wednesday and reaffirmed its plans to continue raising borrowing costs at a gradual pace. The decision to hold rates had been widely expected and came after a two-day meeting of the Federal Open Market Committee, which dictates monetary policy.
Facebook Inc on Wednesday took down a network of pages and accounts used by a right-wing Brazilian activist group, cracking down on what it called a misinformation network ahead of elections in October.
Jaguar Land Rover (JLR) has reported a loss for the first time in three years after sales slowed in China. The UK's biggest car firm, which is owned by India's Tata Motors, blamed the setback on multiple challenges.
A US federal judge in Seattle has blocked the release of software that allows consumers to 3D-print firearms. Gun access advocacy group Defense Distributed was due to put downloadable gun blueprints online on Wednesday.
Prime Minister Theresa May is to hold talks with French President Emmanuel Macron on Friday, Downing Street says. Mrs. May has been invited to Mr. Macron's holiday retreat in the south of France. It comes as the UK government steps up its engagement with counterparts in the EU over Brexit.
Downing Street has insisted the UK Government is engaged in “good planning” and taking “sensible precautions” in case there is a no-deal Brexit. Asked if Theresa May would continue to lead the country if her negotiations fail and the UK is plunged into a no-deal scenario, the Prime Minister’s official spokesman said she is “fully committed to delivering on the will of the British people”.
Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America’s largest oil producer.
Nicaragua's veteran leader Daniel Ortega defended brutal action by his forces against anti-government protesters, as the United States warned he and his wife were ultimately responsible for deaths and rights violations.
Last year was the fifth warmest for the UK in records dating back more than a century, the Met Office has confirmed. Figures show the UK climate is warming, with average temperatures over the last decade around 0.8C above the 1961 to 1990 average, while the country has also seen 8% more rain and 6% more sunshine.
The heat wave gripping large stretches of Europe has already been blamed for deadly forest fires and crop failures. Now, freshwater fish could be its next victims. Some regions in Germany sweltered as the mercury hit 39C, and the German Meteorological Office said the country’s all-time record of 40.3C could be topped this week.