Pete

• Donald Trump has claimed total control over the Strait of Hormuz and is demanding that Iran pay reparations. • The Reserve Bank of Australia has decided to keep interest rates on hold, while Singapore has significantly increased its annual economic growth forecast. • Carlos Caasanova of Union Bancaire Privée reports that inflation likely peaked in Q2 2026 and that rates have stabilized.

Two advisers have links to a venture fund co-investing in US defense companies that benefit from federal spendingPete Hegseth’s appointments to a key Pentagon advisory body include two men with ties to the venture capital fund where Donald Trump Jr is a partner, which has lucrative investments in military and space technology.Defense Policy Board appointee Marc Andreessen’s firm, Andreessen Horowitz, one of Silicon Valley’s largest venture capital firms and known by the name “a16z”, co-invests alongside the Trump partnership 1789 Capital in three defense contractors. Fellow DPB appointee Blake Masters also sits on the boards of three ventures tied to 1789 Capital. Continue reading...

Surprise departure comes after department store chain’s chair warned of ‘really tough trading conditions’Business live – latest updatesThe managing director of John Lewis has quit the job after less than three years in charge of the British department store chain, as the company faces “really tough” trading conditions.Peter Ruis will leave the business in order to “pursue new projects”, John Lewis said in a statement on Monday. Continue reading...

Scotland’s former first minister says she will not visit Murrell in prison, where he is serving five-year sentence for embezzling SNP fundsNicola Surgeon has said she will not visit her estranged husband, Peter Murrell, in prison, has stopped speaking to him and views herself as a “mug” for worrying about his wellbeing and mental health earlier this year.During a podcast recording at the Edinburgh festival fringe, Scotland’s former first minister said Murrell had lied to her until the day he pleaded guilty to embezzling more than £400,000 from the Scottish National party. Continue reading...

Beginning his career as an actor, Gill went on to write plays including The York Realist as well as directing for the Royal Court and National TheatreTributes have been paid to the director and playwright Peter Gill who died on Monday at the age of 86. His agent Mel Kenyon said Gill’s work had a “rare emotional delicacy” and was “beautifully observed and finely tuned” while the director Michael Grandage said Gill’s “contribution to the British theatre will come to be regarded as quietly seismic”.Gill began his career as an actor at London’s Royal Court in 1958 when still in his teens. Over the next six years, he played Silvius opposite Vanessa Redgrave as Rosalind in Michael Elliott’s lauded RSC production of As You Like It, as well as several roles in the British premiere of Brecht’s The Caucasian Chalk Circle. Continue reading...

• The Bank of Japan maintained interest rates at 1% following a rare intervention to support the yen. • Economic indicators show China's factory activity has declined for the first time in five months, signaling a potential slowdown. • South Korea's stock market experienced a massive surge, recording a historic 18% increase.

• A review for the film "Spider-Man: Brand New Day" was released on July 30, 2026, describing the movie as a heartfelt sequel. • The film is praised for expanding Peter Parker's world and narrative scope while maintaining the core essence of the character. • This release is part of a broader trend in the $2.83 trillion global entertainment industry, which continues to drive massive interest in blockbuster franchises.