Morning news live
Good morning! Here's a summary of the top news stories from around the world:
Breaking News
- A massive fire has broken out at a chemical plant in Louisiana, forcing the evacuation of nearby residents. The cause of the fire is still unknown.
- A powerful earthquake has struck off the coast of Indonesia, triggering a tsunami warning for several islands. There are reports of damage and injuries, but no confirmed fatalities.
- The US and China have reached a trade deal, with both sides agreeing to reduce tariffs and increase trade. The deal is seen as a major breakthrough in the ongoing trade war between the two nations.
Top Stories
- The UK's Prime Minister Boris Johnson has announced plans to hold a snap election in October, in a bid to break the deadlock over Brexit. The move has been met with criticism from opposition parties.
- A new study has found that the world's oceans are absorbing more carbon dioxide than previously thought, which could have significant implications for the global climate.
- The US Federal Reserve has cut interest rates for the third time this year, in a bid to boost the economy. The move has been welcomed by investors, but some economists have warned of the risks of low interest rates.
Business
- The Dow Jones Industrial Average has closed above 28,000 for the first time, driven by strong earnings reports from major companies.
- The UK's economy has grown at its slowest pace in five years, according to new data from the Office for National Statistics.
- A major tech company has announced plans to launch a new streaming service, which will compete with Netflix and Amazon Prime.
Sports
- The US Open tennis tournament has begun, with top seeds Serena Williams and Novak Djokovic both winning their opening matches.
- The NFL has announced a new policy on player protests during the national anthem, which will allow players to stay in the locker room during the anthem if they choose.
- The English Premier League has announced a new deal with a major sports broadcaster, which will see the league's matches broadcast in over 200 countries.
Weather
- A severe heatwave is expected to hit the southern US this weekend, with temperatures expected to reach over 100 degrees Fahrenheit in some areas.
- A tropical storm is expected to make landfall in Mexico this weekend, bringing heavy rain and strong winds.
- A cold front is expected to bring cooler temperatures to the UK this week, after a hot summer.
That's all for now. Stay tuned for further updates throughout the day!