Alphabet is once more lifting its AI investment plans, underscoring how expensive the race has become even as Wall Street keeps asking when the returns will show up.
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Western allies are more hesitant to give up interceptor missiles they may need for their own defense as war rages on multiple fronts

Rich countries spend 41 times more on each child's education. AJLabs looks at the classroom inequality around the world
Pakistan, Turkey and Saudi Arabia have signed a mutual defense agreement as regional security concerns push the three countries toward closer coordination.

Pakistan and Syria discussed defense and strategic cooperation as Syrian Foreign Minister Asaad Hassan al-Shaibani met Field Marshal Asim Munir at GHQ Rawalpindi.
Tesla’s revenue grew 26%, but higher operating costs and capital spending are pressuring results as the company works toward Cybercab, Semi and Megapack
After IBM's stock fell on weaker mainframe sales, the company says AI spending is squeezing enterprise hardware budgets for now rather than replacing the
The House passed a large Pentagon funding bill and a separate budget step that could help Republicans push ahead on war funding and other priorities.

Samsung and SK Hynix shares fell by more than 10% as a sell-off in AI-related stocks intensified, driving South Korea's stock market down amid renewed fears over AI spending and Chinese competition.

British retail sales volumes fell 0.5% in July after a stronger June, suggesting households paused spending as the World Cup and early-summer boost faded.
Cybersecurity researchers who search for unknown vulnerabilities and develop tools to exploit them say OpenAI's and Anthropic's AI safety guardrails are creating real friction in their legitimate defensive research work.

China’s factories are finding eager buyers abroad even as weak consumer spending and a prolonged property slump weigh on growth at home
A struggling British festival industry is trying to capitalize on Gen Z's willingness to spend on comfort and experiences, moving away from greasy burgers, warm beer and grim toilets toward hot tubs and £80 rosé.
Alphabet posted a sharp rise in profit as heavy AI investment coincided with stronger performance across its businesses, especially cloud computing, according to the New York

Today’s rumours are prising open their war chest Aston Villa struggling to hold on to their World Cup stars has become something of a theme of this transfer window and off we go again as Arsenal have stepped up their interest in Ezri Konsa

The Senate confirmed Todd Blanche as United States attorney general in a 50 to 49 vote after two Republicans joined Democrats in opposition.
Europe’s biggest defence contractor says the risk of attack is growing, adding urgency to Britain’s debate over readiness, resilience and military investment.
A protest over education has grown into a political challenge for Narendra Modi, as students in India refuse to be cowed by pressure.
A leading thinktank says higher oil prices and inflation linked to the Iran war could leave the UK facing hard choices at the next autumn budget

A long-anticipated legal showdown over social media's effect on teenagers finally reached a jury this week, with Tennessee's lawyers opening with a pointed accusation: Meta knew the harm its own platforms caused and
John Healey has been named chancellor in Andy Burnham’s first major Cabinet move, signalling a focus on fiscal discipline, growth and re-industrialisation
Ukraine struck Russia?s Black Sea naval base at Novorossiysk, raising pressure on Moscow?s war logistics and Black Sea trade risk.

Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter
Kyiv battlefield gains have put Ukraine counteroffensive claims back in focus as officials seek to prove Russia can still be pushed back.