World
Deadly flash floods and mudslides have killed more than 1,000 people in Nepal, and thousands remain missing after heavy rain triggered a catastrophic flood near the Nepal-China border. Rescue teams are digging through mud-filled tunnels and clearing debris, while officials say dozens of Americans are among those unaccounted for. More than 4,400 people are missing, and the toll keeps rising as workers reach remote valleys. The flooding hit a key trade crossing at the border, where more than 100 Indians are reported missing. Experts say glacier-related landslides are becoming more common as the climate warms, and the disaster has put new pressure on regional rescue and recovery efforts.
BBC News
Politics
President Donald Trump says the United States has struck a deal with Venezuela to take control of 65 billion barrels of oil reserves. The announcement comes as the president faces pressure over spiking gas prices and the approaching midterm elections. Venezuelan opposition figures have pushed back against reports that the US wants a large stake in the country's oil and gas sector. The deal, if realized, would give American companies access to one of the world's largest oil reserves. Trump framed the agreement as a step to lower energy costs, while critics question how it would be enforced in a country under international sanctions. Venezuela's government has not confirmed the terms, and the details have not been published.
NBC News
Business
Shein's shares fell on their first day of trading on the Hong Kong stock exchange on Tuesday. The fast-fashion retailer finally listed after a years-long quest to sell shares in New York and London. The debut valued the company well below the levels it reached in private funding rounds, when it was once worth about $100 billion. Shares opened lower and stayed down through the session as investors weighed slowing growth and trade pressure. The listing is still one of the largest retail IPOs in Asia this year and gives Shein access to fresh capital as it competes with rivals such as Temu. Executives said the company will use the funds to expand its supply chain and push into new markets.
BBC Business
Technology
Nvidia is investing $3.5 billion in chip designer MediaTek, a move analysts say is aimed at the race to build AI hardware. The deal gives Nvidia a partner for developing custom chips and low-power designs as Big Tech companies build their own AI processors. MediaTek is best known for smartphone chips, but it has been expanding into networking, automotive, and data center silicon. The investment could help Nvidia push into new markets beyond its dominant GPU business, including ARM-based AI chips and edge devices. Industry observers say the move reflects a broader shift, as cloud providers such as Amazon, Google, and Microsoft design their own chips to cut costs and improve performance. Nvidia has not detailed how the two companies will work together, but analysts expect joint AI chip projects in the coming years.
TechCrunch
Science
NASA has launched the Nancy Grace Roman Space Telescope, a new observatory designed to study dark energy, dark matter, and exoplanets. The telescope lifted off after surviving budget cuts during the Trump administration. Roman will survey huge areas of the sky, mapping galaxies to measure how the universe's expansion has changed over time. Scientists hope the data will help explain dark energy, the mysterious force driving the universe to expand faster. The mission will also use gravitational microlensing to find planets, including some that may be habitable. Roman's wide field of view gives it a major advantage over older telescopes, allowing it to capture vast cosmic regions in a single image. The launch marks a new chapter in astrophysics, with data expected to flow for years.
Nature
Sports
Novak Djokovic's US Open ended in tears as Mariano Navone pulled off a stunning upset in the first round at Flushing Meadows. The Argentine qualifier, ranked well outside the top 50, won in four sets and left the tennis world stunned, raising fresh questions about Djokovic's future at age 39. Navone said the win was the biggest of his career and credited his aggressive play and calm nerves. For Djokovic, the loss adds to a difficult season in which he has struggled to match his past dominance. He has won the US Open four times, making this early exit his worst result at the tournament in years. Fans and analysts now wonder whether the Serbian great can add another major title. Navone will face a higher-ranked opponent in the second round.
BBC Sport
Health
The US Food and Drug Administration has approved Moderna's mRNA-based influenza vaccine, the first of its kind for seasonal flu. The vaccine uses the same messenger RNA technology behind Moderna's COVID-19 shots. In trials, it produced a strong immune response against multiple flu strains, and officials say it can be updated quickly when new strains emerge. The approval gives the United States a second major mRNA vaccine and opens the door to combined flu and COVID shots in the future. Moderna says the vaccine will be available for the next flu season, pending manufacturing and distribution plans. Public health experts say mRNA flu vaccines could improve protection in years when circulating strains differ from those covered by traditional shots.
Medical News Today
Environment
A new study based on coral records from the Galápagos Islands finds that El Niño events have become nearly 40% stronger since the preindustrial era. The research shows that climate change is supercharging the natural climate pattern that drives floods, droughts, and heat waves around the world. The authors say the finding helps explain why recent El Niño years have produced such extreme weather. Stronger El Niño events can raise global temperatures, disrupt rainfall across Asia and the Americas, and damage the same coral reefs used to track them. The strongest events now reach levels unseen in the historical record, the study says. Scientists say the trend is likely to continue as the planet warms, and they call for better preparation in the regions most affected by El Niño-driven extremes.
The Guardian