This Month
GDP misses forecasts; ASIC sues Westpac; The big Virgin IPO question
Read everything that’s happened in the news so far today.
‘An epic failure’: Russia reels from surprise Ukraine attack on bomber fleet
This week’s audacious drone raid threatens Moscow’s military operations and exposes vulnerability deep within its territory.
Explosion rocks Kerch Bridge to Crimea as Ukraine strikes again
The attack – although the damage appears small – represents another morale-raising coup for Kyiv, which has lately shown it can penetrate deep inside Russia.
OECD: US growth to slow to 1.6pc this year, hobbled by trade wars
Global trade and the economic outlook have been clouded by Donald Trump’s sweeping taxes on imports, and the unpredictable way he’s rolled them out.
Minimum wage to rise; ‘Fix Swiss cheese AI rules’; TACO trade danger
Read everything that’s happened in the news so far today.
Cyber thieves are hitting top brands. They don’t only want money
The English-speaking, trash-talking Scattered Spider ransomware gang that cost Marks & Spencer millions of dollars last month is also into bragging rights.
Ukraine destroys 41 bombers in Russia’s ‘Pearl Harbour’
The operation, codenamed Spider’s Web, hit aircraft at strategic bases by hiding drones inside the roofs of wooden sheds and trucking them deep into Russia.
US urges $40b defence spend; Soul Patts’ $14b tie-up; Big bubble looms
Read everything that’s happened in the news so far today.
May
Kremlin calls Trump’s bluff after latest threat
The US president claimed on Truth Social that if it weren’t for him, “lots of really bad things would have already happened to Russia”.
Husic urges Israel sanctions; Shvets’ advice for investors; Rich divorce tips
Read everything that’s happened in the news so far today.
Kremlin says Trump has ‘emotional overload’ in latest war of words
The US president called the Russian president ‘absolutely crazy’, but Vladimir Putin’s spokesman suggested Trump was suffering “emotional overload”.
‘I wanted to show her how tall I’d grown’: A Ukrainian family reunited
Despite little progress in recent ceasefire talks, Ukraine and Russia are stepping up prisoner swaps. The best part of these is often seeing families reunited. Special correspondent Jack Wright reports.
Queensland firm probed over parts in Russian ‘Frankenstein’ missile
Russia’s new weapon has been dubbed a Frankenstein missile for how it has been assembled with different parts from multiple countries.
WA ‘running out of time’; US tax bill row; Morningstar warning
Read everything that’s happened in the news so far today.
Trump’s naive phone call with Putin is a bust
It would be more morally defensible for the White House to now swallow its pride and walk away than force an unjust peace on Ukraine.
Ukraine, Russia to start truce talks ‘immediately’: Trump
The two spoke about ending the war, but Vladimir Putin did not back the American leader’s claims of “immediate” ceasefire talks.
Britain resets trade and defence ties with EU
At the heart of the deal is a defence and security pact that could allow British defence companies to take part in a $262 billion program to rearm Europe.
Billionaire Brett Blundy launches push into premium jewellery
The Australian retailer, who is chairman of ASX-listed Lovisa, is going upmarket with his latest concept.
Trump to phone Putin, then Zelensky, to ‘end bloodbath’ in Ukraine
The US president’s remarks came a day after the first direct talks between Moscow and Kyiv in years failed to yield a ceasefire.
Albanese to meet Zelensky after Jenkins’ 13-year sentence
The Australian, who fought for Ukraine until he was captured in December last year, was this week jailed for 13 years in a Russian maximum security prison.