PM digs in on defence spending despite White House push
Anthony Albanese has pushed back on calls for Australia to lift its defence spending, despite mounting pressure from the US to do so. NATO allies agreed to lift spending on…
Europe talks don’t rule out rejecting new US trade deal
European Union leaders have discussed new US proposals for a trade deal, with Commission President Ursula von der Leyen not ruling out that tariff talks could fail and saying “all…
Blows to balancing Donald Trump’s ‘big beautiful bill’
Congressional Republicans have removed the so-called revenge tax provision from President Donald Trump’s big bill after a request by Treasury Secretary Scott Bessent. The Section 899 provision that was nixed…
EU leaders discuss new US trade proposal as clock ticks
French President Emmanuel Macron is taking a tough stance as European leaders meet in Brussels to discuss new US proposals for a trade deal, with time running out for the…
Super funds spared multi-billion dollar ‘revenge tax’
Australian superannuation funds have been spared a multi-billion dollar hit after Treasury Secretary Scott Bessent announced the US would drop a so-called “revenge tax” on foreign investors. The super industry…
Stars descend for Bezos wedding extravaganza in Venice
Amazon founder Jeff Bezos and journalist Lauren Sanchez are set to start three days of lavish wedding celebrations in Venice, with tight security shielding their VIP guests from protesters. Oprah…
Dollar sinks and global stocks extend record run
The dollar has sunk to a three-year low while world stocks notched their second record high in three days as a report that Donald Trump was planning to choose the…
Australia sticks to guns on defence as allies shell out
Australia is standing firm against US pressure to lift defence spending but looks “underdone” as European leaders endorse a five per cent commitment of their gross domestic product to security.…
‘Torn’ Aussies flee conflict as many more left waiting
Feelings of fear have turned to relief for Australians who have fled the conflict in the Middle East, while thousands more wait to be airlifted and bussed out of harm’s…
Shell denies it’s looking to buy energy rival BP
British oil giant Shell has denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early-stage talks” to…