Today’s top News

Key Highlights from PwC’s Global Entertainment & Media Outlook 2025–29 Context: Expert Insight: Bart Spiegel, PwC US: “The industry has always been at the forefront of technological innovation… Companies will need to stay nimble to satisfy consumers in an ecosystem that rewards creativity and tailored content.”

Goalkeeper Ann-Katrin Berger, who shone in the quarter-finals, blamed herself for the goal: “That goal should have simply been mine… I feel incredibly sorry for the team.”

Spot gold: $3,382.79/oz

Weather Forecast: Heavy rainfall of up to 250mm expected through Saturday, raising the risk of further flooding in northern Vietnam.

Hun Sen claims two Cambodian provinces were hit by Thai military shelling.

A regional power outage in Santa Barbara disrupted communications at the Los Angeles Air Route Traffic Control Center, prompting the Federal Aviation Administration (FAA) to delay SpaceX’s Falcon 9 TRACERS launch scheduled for Tuesday. What Happened: New Launch Date:SpaceX is now targeting Wednesday for liftoff.

The US Olympic & Paralympic Committee (USOPC) has implemented a policy barring transgender women from participating in women’s sports categories — aligning with a February executive order by President Donald Trump. Key Points: No Comment Yet:The USOPC has not publicly commented beyond policy language; civil rights groups are expected to challenge the move legally.

A critical SharePoint vulnerability known as “ToolShell” remained unpatched despite Microsoft’s initial fix. This allowed alleged China-linked hackers to exploit it, targeting over 100 organizations globally — including U.S. national security bodies. Here’s a quick breakdown of the timeline and impact: Key Points: China Denies Involvement: China’s embassy claims it opposes all forms of cyberattacks

President Donald Trump has struck a major trade deal with Japan, slashing tariffs on autos and securing a $550B investment package, triggering a surge in global markets—but U.S. automakers aren’t celebrating. Key Highlights: Bottom Line:Trump calls it the “largest TRADE DEAL in history,” but while markets are euphoric, U.S. automakers feel sidelined—highlighting the trade-offs in

India’s fintech giant Paytm has made a notable comeback—reporting a net profit of ₹1.23 billion ($14.24 million) for the quarter ending June 30, 2025. This marks its first profit since September 2024, when a one-time ticketing business sale had momentarily lifted its numbers. Here’s a quick breakdown of what’s driving the rebound: Lending Boom &