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Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview. A surge in AIdriven

LESBAINS, France, June 17 (Reuters) U.S. President Donald Trump said on Wednesday that "nobody" purposefully attacked a girls' school in Iran in February, citing an investigation into the

Get our breaking news email, free app or daily news podcastCoalition says it’s good Hanson and One Nation getting the scrutiny of a party on the riseKevin Hogan, the shadow assistant treasurer, says he thinks it’s good Hanson was able to speak at the press club yesterday as One Nation “needs to be put under much more scrutiny” amid surging support.The GetUp stunt completely backfired, it makes them look like [bullies] and makes her look like, you know, a victim in the sense that she’s being picked on. And that never works.One Nation have tapped into, I think, to some fear and anxieties in the Australian public, and I think we have to acknowledge that. I certainly don’t agree with all the solutions that she puts out there, but look, I think it was healthy that she front up and that she was invited yesterday.If you’re coming to Australia to have a better life, you become an Australian. That’s what we’re referring to as a monocultured Australia. You’re an Australian first, and your ethnicity or your creed comes second …The reality is, we’re a Christian Judeo society with a law structure around us, and they’ve come with one clear objective: to have a better life. And that one clear objective should be, if they want to have a better life here, is to live within our culture and live within our laws and rules.It was direct shooting. It hit the targets. It was clear. It was successful. And it addressed a number of the elephants in the room … So the speech hit the target for where Australians are today. Continue reading...

Exclusive: Ex-minister accuses Labour of ‘overcautiousness’ and says his proposal was cut from manifestoWes Streeting has said his plan to ban “private equity sharks” from the social care sector was removed from the Labour manifesto, as he accused the government of “overcautiousness” in reforming the industry.In a Fabian Society report on how to create a national care service, Streeting said overhauling social care was “one of the defining challenges of our age” but an “absence of good political leadership” was holding back change. Continue reading...

Speaking to reporters on the sidelines of the G7 Summit in France, Trump said that while the United States had frozen significant Iranian assets.

Startups and testamentary trusts to receive carve outs after criticism of Labor’s CGT changesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAll of Australia’s 2.7m small businesses will receive “generous” exemptions from capital gains tax, as Anthony Albanese flagged startups and testamentary trusts would be carved out of the government’s contentious tax reforms.The concessions failed to appease business groups and the opposition, who demanded that Labor scrap the reforms altogether, while the Greens warned there was “still a way to go” before they agreed to back the legislation, which is before the Senate.Small businesses with annual turnover of up to $10m will be eligible for existing CGT exemptions – which include an extra 50% discount – up from the current threshold of $2m.The founders of “genuinely innovative” startups with very low or zero cost bases, alongside their early investors and employees paid with shares in the business, will be able to stick with the existing 50% flat CGT discount.Testamentary trusts used to manage the income paid to beneficiaries from a deceased estate will be exempted from the proposed 30% minimum tax rate on discretionary trusts. Continue reading...

Sellers of luxury villas have wiped tens of millions of pounds off asking prices, with sales down 19% in May from the previous monthProperty sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.Sales in the city dropped 19% in May compared with the previous month, accelerating from a 4% drop in April, the researcher ValuStrat found. Continue reading...

Kyiv is not taking any risks amid Moscow’s efforts to integrate Minsk ever more closely into its warRussian spy drones flying into Ukraine from Belarusian airspace have sharply increased since the beginning of the year, as senior officials in Kyiv express mounting concern over Belarus’s involvement in the war.Ukraine has stepped up by reinforcing fortifications on its northern border, including anti-tank ditches, concrete “dragons’ teeth” obstacles to block armoured vehicles and new areas of barbed wire. Troops operating along the border say they have noted a jump of about 20% in Russian intelligence drones since January. Continue reading...