UK rolls out red carpet for Trump

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Daily Briefing

By Linda Noakes

Hello. Trump arrives in Britain for an unprecedented second state visit, Israel opens a new route out of Gaza City, and markets are betting on a Fed rate cut today.

Plus, TikTok lives - the app will keep operating in the US after a deal was reached.

Today's Top News

President Donald Trump walks with Melania Trump and Viscount Henry Hood upon arrival at London Stansted Airport. REUTERS/Kevin Lamarque

Trump's UK trip

President Donald Trump formally begins his unprecedented second state visit to Britain with royal pomp and key diplomatic talks, and as difficult questions about Jeffrey Epstein linger.
Four people were arrested following a projection of images of Trump alongside Epstein onto Windsor Castle, where the president is set to be hosted by King Charles. Follow our live coverage.
Britain and the United States have agreed a technology pact to boost ties in AI, quantum computing and civil nuclear energy, with top US firms led by Microsoft pledging $42 billion in UK investments.

In other news

The Israeli military said it was opening an additional route for 48 hours that Palestinians could use to leave Gaza City as it stepped up efforts to empty the city of civilians and confront thousands of Hamas combatants.
Yulia Navalnaya, the wife of late Russian opposition leader Alexei Navalny, said that foreign laboratory tests on biological samples obtained from her husband showed that he was poisoned. Navalny died suddenly in February 2024 in a Russian prison.
Utah prosecutors plan to seek the death penalty for the accused assassin of Charlie Kirk. National Affairs Correspondent Brad Brooks joins the Reuters World News podcast with new details about the case, including how Tyler Robinson's parents helped to convince him to turn himself in.
A New York state judge dismissed two terrorism-related counts against Luigi Mangione over the December 2024 killing of health insurance executive Brian Thompson, though he remains charged with second-degree murder and eight other criminal counts in the case.
US government lawyers attempted to block a vaccine skeptic appointed by Health Secretary Robert F. Kennedy, Jr. from assuming new powers at the Centers for Disease Control and Prevention that could be used to restrict access to COVID-19 shots, two sources familiar with the matter told Reuters.

Business & Markets

A chart showing market expectations for US interest rates

World stocks held near record highs, gold retreated and the dollar won a reprieve, ahead of a widely anticipated Federal Reserve rate cut later today against a backdrop of concern about the future of central bank independence.
Trump announced an agreement between the US and China to keep TikTok operating in the United States. The deal requires TikTok's American assets to be transferred to US owners from China's ByteDance, potentially resolving a saga that has lingered for nearly a year.
Ben & Jerry's co-founder Jerry Greenfield, whose name helped shape the popular ice cream brand, has quit the company, as its rift with parent Unilever deepened over its stance on the Gaza conflict.
Nestle Chairman Paul Bulcke will step down early and hand over to former Inditex chief Pablo Isla on October 1, accelerating a changing of the guard at the Swiss food giant after an unprecedented period of managerial turmoil.
Tesla has reached confidential deals to resolve two lawsuits over deaths in two separate California crashes in 2019 involving the company's Autopilot advanced-driver-assistance software.
Novo Nordisk, looking to turn around slowing growth of its blockbuster weight-loss drug Wegovy, plans to test whether its next-generation obesity drugs can treat a broader range of related conditions from sleep problems to knee pain.

China is sending its world-beating auto industry into a tailspin

Heavily discounted new cars tempt prospective buyers at Zcar's showroom in Chengdu. REUTERS/Zhang Yan

Government policies that prioritize production targets over market demand have led to overinvestment by carmakers. The resulting glut of vehicles has created lose-lose transactions throughout the sales chain, and spawned a variety of unusual practices.

Read our special report

How Redford's vision boosted voices beyond Hollywood

Robert Redford at the Sundance Film Festival in 2015. REUTERS/Jim Urquhart

In 1981, Robert Redford launched an experiment when he invited the makers of 10 low-budget movies to what film critic Roger Ebert described as a "cinematic summer camp" in the Utah mountains.

Four decades later, Redford and the annual Sundance Film Festival that he founded are being celebrated as the foremost champions of independent films.

Redford died on Tuesday at his Sundance home.

Read more

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