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Premier Giorgia Meloni’s government will pare back defense spending in a late change to the budget as it seeks to shrink Italy’s deficit, according to people familiar with the matter.

A Kenyan consumer-rights group filed a petition challenging billionaire Aliko Dangote’s oil refinery planned for the port city of Lamu, the second such legal hurdle for the $16 billion project.

South Africa delayed by six months a request for proposals from private companies to build transmission lines, further slowing the expansion of the country’s electricity infrastructure.

Style Box ETF report for RPG

Smart Beta ETF report for FTXN

Smart Beta ETF report for GOVI

Style Box ETF report for VV

Smart Beta ETF report for LDRT

Smart Beta ETF report for USPX

Smart Beta ETF report for DON

Style Box ETF report for ONEV

Key PointsShiba Inu has a $3.4 billion market cap.

Key PointsShiba Inu has a $3.4 billion market cap.

Tom Kim tops the men's leaderboard after the third round at the Asian Games as he seeks a gold medal that will significantly reduce the time he is required to spend in South Korea's military.

Tom Kim tops the men's leaderboard after the third round at the Asian Games as he seeks a gold medal that will significantly reduce the time he is required to spend in South Korea's military.

Tom Kim tops the men's leaderboard after the third round at the Asian Games as he seeks a gold medal that will significantly reduce the time he is required to spend in South Korea's military.

Tom Kim tops the men's leaderboard after the third round at the Asian Games as he seeks a gold medal that will significantly reduce the time he is required to spend in South Korea's military.

The Trump administration is ramping up pressure on the European Union to release diesel stockpiles, a move seen potentially averting a ban on US exports of the critical fuel. "The Europeans, they're sitting on reserves of diesel," said US Trade Representative Jamieson Greer in an interview with Bloomberg on Thursday. "They should probably release some of these." Bloomberg’s Oliver Crook reports. (Source: Bloomberg)

The pilots who fought in the cockpit of a FlyDubai jet during an apparent murder-suicide mission were moved to the United Arab Emirates for further questioning while investigators seek additional information from the plane’s voice and data recorders to replay the fateful final hour of the flight.

Key PointsBig tech's massive data center spending is shifting infrastructure bottlenecks from chips to electricity, cooling, and skilled labor.