Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wealth managers have issued a “health warning” over the costs and complexities of investment vehicles designed to reduce inheritance tax.It follows a flood of inquiries from affluent clients over setting up family investment companies, or Fics, to cut IHT after chancellor Rachel Reeves expanded the regime in the Autumn Budget last year. “There are many clients for whom these will be too costly and complex, or where the assets under discussion are incompatible,” said Hazel Bowen, a senior wealth planner at Canaccord…

Australian musician Sara Storer is releasing her eighth solo album but a snapshot of the music industry shows listeners are being swamped by imported tunes.

Israel’s strike on military and nuclear sites, and Iran’s retaliation, have rocked already strained global supply chains. As airlines suspend flights to Tel Aviv, Tehran and other airports across the region, oil companies, shipping firms, and regulatory agencies are scrambling amid growing concerns that key trade routes like the Strait of Hormuz could be caught in the crossfire. Merchant shipping is still passing through the Strait of Hormuz, but with increased caution. Iran has previously threatened to close this critical trade route in response to Western pressure. Even the suggestion of such a move has already sent shockwaves through global…

Columbia University student activist Mahmoud Khalil can remain in federal detention on allegations he lied on his green card application, a federal judge ruled Friday.U.S. District Judge Michael Farbiarz said days earlier the Trump administration cannot detain or deport Khalil based on Secretary of State Marco Rubio’s determination that he could harm foreign policy. The New Jersey judge wrote that Khalil had shown his detention was causing irreparable harm to his career, family and free speech rights. But the judge acknowledged Friday his earlier ruling did not address the Trump administration’s other stated basis for holding Khalil, that he allegedly left…

NEWYou can now listen to Fox News articles! Two Chinese nationals accused of smuggling biological materials into the United States appeared in court Friday as federal authorities fight to keep them detained in cases they say concern “national security.”University of Michigan post-doctoral research fellow Yunqing Jian and Huazhong University of Science and Technology student Chengxuan Han were ordered to remain in federal custody as their separate cases remain ongoing. During the hearing, Han, who is accused of mailing packages containing biological materials to the University of Michigan’s laboratory, became visibly emotional and was seen choking back tears when she learned her…

By Lisa Johnson The Canadian Press Posted June 13, 2025 5:57 pm 2 min read Descrease article font size Increase article font size Alberta Premier Danielle Smith is set to greet world leaders when they arrive at the Calgary airport for the G7 summit. Leaders are expected to begin touching down Sunday for the three-day event in the Kananaskis wilderness southwest of Calgary.Smith’s office says she is scheduled to host representatives from non-member countries Monday evening at a reception in Calgary and hold bilateral meetings throughout the summit.Details of the meetings and who Smith will meet with were not disclosed.The…

These are the stocks posting the largest moves in midday trading.

Olympic champion Zheng Qinwen has shown why she could be a threat at Wimbledon as she reached the semi-finals of the Queen’s Club Championship.

CALLS FOR BOYCOTT AND TROOP READINESS Former leader Hun Sen, Hun Manet’s father, called on Friday for a boycott of Thai goods and warned that Cambodia could halt imports from Thailand if border restrictions imposed by Thai authorities were not lifted. “All armed forces must remain on full alert 24 hours a day, ready to respond and defend in the event of aggression,” Hun Sen wrote on Facebook. He also told officials in provinces near the border to prepare evacuation plans for residents if needed. Cambodia’s immigration department confirmed the indefinite closure of the Daung-Ban Laem border crossing, citing public…

NewsFeedIran launched a retaliatory attack against Israel with a barrage of missiles. Video shows one projectile hitting Tel Aviv. The attack was in response to Israeli strikes that killed top Iranian military leaders and nuclear scientists.Published On 13 Jun 202513 Jun 2025