live Hormuz traffic slows as uncertainty over waterway persists
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most s...
British Prime Minister Keir Starmer is exploring proposals to abolish some visa fees for top global talent at a time when the U.S. has taken a tougher stance on immigration, the Financial Times reported on Monday.
Britain's 'global talent task force', announced in June, is working on ideas to attract the world's best scientists, academics and digital experts to the UK in a bid to drive economic growth.
The idea of cutting visa costs to zero is for people who have attended the world's top five universities or have won prestigious prizes, the FT reported.
The UK government has committed £54 million ($72.66 million) to attract top science and tech talent.
This funding will help cover relocation and research costs for leading researchers, with the aim of positioning the UK as a global leader in innovation, according to the government website.
It's also intended to strengthen the country’s leadership in key sectors and bolster the UK’s competitiveness in attracting high-calibre talent, especially as the U.S. increases its visa fees.
According to the FT report, the reforms were being discussed in Number 10 and the Treasury before the Trump administration announced its decision to impose a $100,000 fee for new H-1B visas, which are widely used by U.S. tech companies, from Sunday.
After that U.S. decision, things moved on at a faster pace in the UK with those pushing for changes to Britain's high-end visa system, a person involved in the discussions told the newspaper.
The decision is aimed at spurring growth ahead of the 26 November Budget,
Britain's global talent visa application costs £766 ($1,030), with partners and children paying the same fee.
The Treasury department and Downing Street did not immediately respond to Reuters' request for comment.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
Russia said its air defences downed 180 drones over the Moscow region overnight, with 620 drones reportedly targeting the area, according to Moscow Mayor Sergei Sobyanin.
German Chancellor Friedrich Merz is facing growing pressure as his approval ratings fall and the far-right Alternative for Germany (AfD) party gains support.
Apple has announced a major overhaul of its business terms for apps distributed in the European Union, introducing a five per cent commission on digital transactions outside its App Store and simplifying its fee structure as it seeks to comply with the bloc’s Digital Markets Act (DMA).
A record number of humanitarian workers were killed, injured or kidnapped in 2025, with the growing use of armed drones contributing to mounting risks in conflict zones, the United Nations said on Wednesday.
At least nine people were killed, including a child, in a fire at a hotel in India's eastern city of Kolkata on Wednesday, local police said.
France is set to expel two Iranian diplomats in response to what Paris has described as a “deliberate assault” on two French embassy staff in Tehran last month, escalating tensions between the two countries.
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