Scandal-ridden Boris Johnson announced on Thursday he would quit as British prime minister after he dramatically lost the support of his ministers and most Conservative lawmakers, but said he would stay on until his successor was chosen.
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Ukrainian forces raised their national flag on a recaptured Black Sea island on Thursday in a symbol of defiance against Moscow, but Russian forces consolidated gains in eastern Ukraine and probed the defences of potential new targets.
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A look at the day ahead in markets from Dhara Ranasinghe.
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The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and demand for labor is slowing, with layoffs surging to a 16-month high in June as aggressive monetary policy tightening from the Federal Reserve stokes recession fears.
The Wider Image
Goodbye ShanghaiAfter 16 years, COVID curbs send American family packing
Talking Points
- Australia expands fourth COVID dose rollout amid fresh Omicron threat, article with galleryAsia Pacific ·
July 7, 2022 · 5:08 AM UTC Australia said on Thursday it would expand the rollout of the fourth dose of COVID-19 vaccines from next week as it battles a steady rise in hospital admissions fuelled by the highly transmissible new Omicron subvariants, BA.4 and BA.5.