Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debutFor the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation's financials. The Elon Musk-run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June.SpaceX beat Wall Street expectations, reporting $7.81bn in revenue, versus analysts' predictions of $6.93bn. While expansive, the company is not profitable. The company reported a loss of $541m, down from a $1bn loss in the same quarter last year. Continue reading...

Montgomery died in a single-vehicle crash in Sydney just one day after completing his latest fundraising cycling trip with his teenage grandson

Prime minister says he has concerns' about one of most significant overhauls of Keir Starmer's government

This blog is now closed - our live coverage of the Middle East continues hereA liquefied natural gas tanker controlled by QatarEnergy exited the strait of Hormuz overnight - the first such vessel visible on ship-tracking data to leave the waterway since 11 July, data from analytics firms showed on Thursday.The Al Areesh tanker, which loaded a cargo at Qatar's Ras Laffan terminal around 4-6 July, sailed out of the strait overnight on 29 July, according to Kpler and LSEG data. Continue reading...

In today's newsletter: The legal protections once considered foundational in conflict are now routinely bypassed, with healthcare personnel treated as legitimate targets

London-based company to sell local loan portfolio to Blackstone but will continue private and institutional banking services

Andres Felipe Valencia Barrientos found guilty of two counts of assault and not guilty of three of six counts of rapeA British musician and YouTube personality on trial for allegedly violently raping a fan in a Perth hotel has been acquitted of three sexual penetration charges.But the jury found the rapper Yung Filly guilty of two assault offences related to his September 2024 encounter with a 20-year-old woman after a show. Continue reading...

Both MPs have had the parliamentary whip restored following separate independent disciplinary processesMPs Diane Abbott and Joani Reid have been readmitted into Labour and had the parliamentary whip restored, just under two weeks into Andy Burnham's premiership.The party confirmed that this followed separate independent disciplinary processes, although Labour said the leadership played no role in either decision. Continue reading...

Maria and Czeslaw Krupa, who arrived in 1947 and 1948 as dependents of displaced Polish service members, were told they did not have post-Brexit rights to return to UKTwo Polish citizens who have lived in the UK for nearly 80 years after their parents fled the second world war have spoken of their terrifying experience after being told they did not have post-Brexit rights to return to the UK.In May, while visiting Poland, they learned that although they had been welcomed as refugees after the war, they now needed special post-Brexit paperwork to return to their home in Bury. Continue reading...

LNP member Llew O'Brien says there is nothing wrong with being proud of your heritage', leading Angus Taylor to state: I congratulate all Australians'

New Victorian premier also considering sensible changes' to laws that would enshrine right to work from home two days a week

Authorities say local transmission of H5 bird flu virus among South Australian birds signals shift in the situation'

Decision to host event on Fitzroy River at Rockhampton, 600km north of host city Brisbane, prompted significant backlash

Details of parents and staff, including email addresses and phone numbers, are among data taken by cybercriminalsThe Department for Education and a police database have been targeted by a cyber-attack, exposing more than 740,000 pieces of data.Details of government officials, senior school leaders, university staff, police officers and members of the public have been taken by hackers. Continue reading...

Repeated heatwaves and strong winds alarm experts, who warn blazes are becoming harder to quellThree Greek firefighters have died while tackling wildfires on the island of Crete and in the south of the mainland, the Greek fire department has said, as extreme heat hinders efforts to control blazes ravaging southern Europe.The arc of brutal fires, which runs from the Atlantic coast to the eastern Mediterranean, and from the Scottish Highlands to the south of Spain, has alarmed experts because many of the fires have been out of control and burning close to towns and cities. Continue reading...

Rightwing media hostility helped sink his reform plans in 2010, but the new PM's passionate speech suggests there is now clear political will for changeFor campaigners perpetually disappointed by the failure of England's political classes to fix England's creaking adult social care system, the fear was that Andy Burnham's long-trailed speech on Wednesday would be less Brave New World, more Groundhog Day.Burnham acknowledged he had been here before. Back in 2010, as health and social care secretary, he unveiled extensive proposals to overhaul social care, only for them to collapse amid rightwing media hostility and furious political rows about death taxes". Continue reading...

Introducing legislation would be very challenging' before improvement of care system, says prime minister

Musa Ahmed was being treated in intensive care in London hospital after being pulled from West Mersea seaA seven-year-old boy has died a week after an incident off the Essex coast in which his teenage cousin and her mother died as they tried to rescue him.Musa Ahmed was being treated for life-threatening injuries after being pulled from the sea near West Mersea beach on 22 July. Continue reading...

Richard Tice referred to parliament's standards watchdog over undeclared sum from Farage aide George Cottrell

ABS data shows inflation still too high but tracking lower than anticipated

Adopting organic free-range model in UK could lead to greenhouse emissions equivalent to 2,316,000 tonnes of CO2, study suggestsOrganic eggs are twice as bad for the climate as eggs from chickens living in cages, research suggests.According to the study, switching the UK's entire egg production to an organic free-range model would lead to greenhouse gas emissions equivalent to 2,316,000 tonnes of CO2 (tCO2e), while production through a fully caged system would emit 1,184,000 tCO2e. Continue reading...

Handful of ticketholders will be selected at random for up-close visits to ancient site throughout AugustTrips to Stonehenge can be a little hectic. Tens of thousands of people turn up to celebrate summer and winter solstices and most other days the site is a place of bustle, excited conversation and selfie action.But throughout August, English Heritage is offering visitors the chance to win some guaranteed solitude within the hulking stones. Continue reading...

Shadow minister says there was no warning and it looked and sounded like deliberate intimidation'

Spanish prime minister also says the fires serve as a reminder to plan for the worsening' climate emergency

Exclusive: Work and pensions secretary echoes Andy Burnham as he announces funds to stop families in England losing benefits

Chris Philp says patrol vessel may have been trying to stop him highlighting the small boats crisis

South Western Railway joins operators in east of England in reducing train speeds and changing timetables

At least 1,500 protest after six men on drug-related charges put in solitary confinement before possible executionPrisoners at Iran's largest jail have sewn their lips shut as hundreds of them joined a mass hunger strike amid a surge in executions over drug offences and charges linked to anti-government protests.The hunger strike, involving at least 1,500 death row prisoners at Ghezel Hesar prison near Tehran, began two weeks ago after six men convicted on drug-related charges were transferred to solitary confinement before their possible execution, according to Iranian rights groups. Continue reading...

President also blames Brazil and Mexico and says online critics do not want the ideas of freedom to succeed'More than a week has passed since Ferran Torres scored the extra-time goal that gave Spain its second World Cup, but - at least for Argentina's president - the tournament is not over.Javier Milei has claimed that a coordinated anti-Argentina campaign" was behind criticism of the country's team, accusations of racism among its fans and conspiracy theories alleging that Lionel Messi's side was secretly being favoured by Fifa. Continue reading...

Jacinta Allan steps down from top job before expected spill, saying her deputy has her unqualified support'

Carroll, who was elected to parliament in 2012 and says he has always been ambitious, has been sworn in as premier after Jacinta Allan resigned

Working Dog team behind the 1997 film reuniting to write new, fully updated' version for the stage, which will premiere in Melbourne in 2027An announcement that deserves to go straight to the pool room: the beloved Australian comedy The Castle is set to become a play, written by the team behind the original film.Working Dog's Rob Sitch, Tom Gleisner, Santo Cilauro and Jane Kennedy will write and co-produce the new theatrical production, which will again tell the story of the Kerrigan family and their fight against the Australian government to save their home from being bulldozed to make way for an airport expansion. Continue reading...

The Houthi threat to Saudi oil exports comes as Japan, South Korea and the Philippines are still reeling from the closure of the strait of HormuzGovernments in Asia are scrambling to avoid their second major energy crisis in six months, as another maritime chokepoint in the Middle East faces a violent blockade, leaving only the Suez canal completely open for the free movement of gulf oil.Countries like Japan, the Philippines, Thailand and South Korea - which rely on Middle East oil for up to 90% of their imports - are working to secure supplies after Yemen's Houthis launched a blockade of Saudi Arabian shipping passing through the Bab al-Mandab strait, which forms the southern entrance to the Red Sea. Continue reading...

Leading assemblage artist was known for reclaiming Jim Crow-era memorabilia as images of Black liberationArtist Betye Saar, the pioneering figure of the Black arts movement, died on Sunday morning in her home town of Los Angeles. She was 99.Saar, a famous practitioner of assemblage, an artistic style that builds sculpture from everyday objects, was best known for reclaiming Jim Crow era memorabilia such as dolls and washboards and recasting them as images of Black liberation. Saar also worked in genres including printmaking and film, exploring themes from family to spirituality. Continue reading...

Secretary and president of Australian Council of Trade Unions announced surprise departures on Monday evening

Man and woman pronounced dead at Fistral beach in Newquay after large emergency responseTwo people have died after being pulled from the sea off a popular surfing beach in the Cornish resort of Newquay.A man and a woman were pronounced dead at Fistral Beach after a large emergency response involving coastguards, a rescue helicopter, an RNLI lifeboat, paramedics and police. Continue reading...

Pop star is celebrated as one of the defining cultural figures of her generation' by gallery, which acquires Brat-era portrait by Harley WeirA portrait of Charli xcx has been added to the National Portrait Gallery's collection, in the week that she hopes for a No 1 chart position for her new album Music, Fashion, Film.The photograph by Harley Weir was taken in 2023 and became one of the key images associated with Charli's Brat era: the 2024 album that became a pop cultural phenomenon for its candour and debauchery. Continue reading...

Doctors and MPs urge more scrutiny of 300m deal for company behind system used by most GPs in England

Lawyers predict more suppression and no active investigations' but victims' groups determined to continue fightAs Donald Trump's former defense lawyer Todd Blanche appears poised for confirmation as attorney general, numerous Jeffrey Epstein survivors have sounded the alarm that a US justice department helmed by him would derail their pursuit of justice.In a letter urging Republican senators Thom Tillis and John Cornyn to reject his nomination, these survivors said that Blanche's handling of the Epstein case as acting attorney general was characterized by misstep after misstep. Continue reading...

Mass hearings, removal orders in absentia' - judges are wrapping up immigration cases in unprecedented numbersThe second Trump administration recorded its highest number of immigration arrests so far last month. One significant and alarming reason that is far less noticeable than armored, masked agents swaggering in the streets with weapons may be a sudden change in America's immigration courts.Here, in recent months, accelerated mass hearings are giving people facing existential questions about their future little time to prepare for their cases, and judges are often ordering vulnerable immigrants deported without them even being in the courtroom. Continue reading...

Top House Democrat says US president failed to deliver' on campaign promises to lower costs and avoid overseas warsDonald Trump's Republican party has nothing to run on" for the congressional midterm elections after the president broke promises to lower costs and avoid starting war overseas, Hakeem Jeffries has said.The House minority leader, a New York congressman, made those comments on CNN's State of the Union on Sunday, exactly 100 days from the 3 November midterms, when Jeffries and his fellow Democrats are aiming to take control of the US House and Senate from their Republican opponents. Continue reading...

Kumanjayi White died after being restrained by plain-clothes police in the lolly aisle of an Alice Springs supermarketWarning: This article contains references to Indigenous Australians who have died

Relaxed rules mean members only have to wear a top to meetings and activities after extensive feedbackGirlguiding has fully redesigned its uniform across all groups for the first time in more than 30 years, with a focus on self-expression, belonging and confidence".The new range, launched on Monday, has relaxed previous rules: Guides, Rainbows, Brownies and Rangers now only have to wear a top to meetings and activities to be considered in uniform" after feedback from thousands of girls who said they felt most comfortable" when allowed to wear what they wanted. Continue reading...

Exclusive: Experts say policy could also cause shortages of school teachers and drive some universities to bankruptcyReform UK's plan to make employers pay an annual levy for overseas staff would harm the NHS and social care, cause a shortage of schoolteachers, and could push some universities into bankruptcy, experts have warned.Nigel Farage's party has pledged a migrant worker surcharge", which would involve a higher rate of employer national insurance as well as a separate annual charge. It would apply to any employees without a UK passport, including EU nationals with settled status, with the exception of Irish passport holders. Continue reading...

Ukrainian president will be first overseas visitor for new British prime ministerVolodymyr Zelenskyy will become Andy Burnham's first overseas visitor as prime minister, in a visit that Burnham said underlined Britain's unwavering" backing for Ukraine.Less than two weeks after Keir Starmer travelled to Kyiv for the final foreign visit of his prime ministership, the Ukrainian president will on Monday join Burnham at a naval base where Ukrainian forces have been receiving training. Continue reading...

From TikTok appearances to sugar rush' policies, new prime minister is taking different approach to predecessorSix weeks ago Andy Burnham was not even an MP; now the former mayor of Greater Manchester is the most important political figure in Britain. After orchestrating a bloodless coup against Keir Starmer, in which he was crowned as Labour leader unopposed, the new prime minister has started his tenure in Downing Street with some eye-catching policies and a radically different approach to communication. A week into the job, how do their leadership styles compare? Continue reading...

Union calls for museum to become accredited London living wage employer and let staff carry water during shiftsWorkers at one of the world's leading art and design museums are balloting for heatwave" strike action.The ballot at V&A is taking place because of concerns about soaring temperatures and access to drinking water, along with pay and conditions. Continue reading...

PM's team can be seen as backward step even though in some ways it is more diverse. Yet its makeup points to wider access to power

President harks back to red scare of his childhood to attack US left - but will such language resonate beyond Maga base?Perhaps above all else, Donald Trump is a child of the cold war.Three months before the US president was born, Winston Churchill delivered a historic speech in Fulton, Missouri, that ushered in a generations-long existential struggle between western capitalism and Soviet communism. Continue reading...