Plus, how the war has damaged Iran’s historic sites.

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Daily Briefing

Daily Briefing

By Kate Turton

Hello. Political divisions mar America's 250th anniversary, Iran and the US agree to halt attacks and renew talks, and what's good for the US economy may not be good for stocks.

Plus, how five weeks of war shattered some of Iran’s cherished monuments.

Today's Top News

 

Betsy Halsey poses for a portrait with her dog Jag, in Doylestown, Pennsylvania, US, June 10, 2026. REUTERS/Hannah Beier

  • America turns 250 this Saturday, but a Reuters/Ipsos poll finds that one in five Americans aren't in the mood to celebrate. National Affairs Reporter Tim Reid travelled to Bucks County, Pennsylvania, and he tells the Reuters World News podcast what he found.
  • Iran and the United States agreed to halt recent hostilities in the Gulf and renew talks regarding their dispute over the Strait of Hormuz, a US official said, raising ‌hopes of saving an interim peace deal that was under pressure from days of tit-for-tat strikes.
  • Russia is grinding its way into Kostiantynivka, a key stronghold in Ukraine's eastern “fortress belt” long coveted by the Kremlin, even as its gains across the rest of the front line have largely stalled. Meanwhile, Europe is rethinking how it fights war.
  • Rescue teams raced to find more survivors of the two powerful earthquakes that struck Venezuela this week, with signs of life bringing occasional relief to a grim quest to whittle down a list of tens of thousands missing.
  • Andy Burnham, the Labour lawmaker expected to replace Keir Starmer as British prime minister, will outline his ‌vision for Britain, his office said, promising to change how the nation is governed with power moving from London to the regions.
  • The Balkans felt the impact of the record-breaking heatwave that has caused hundreds of excess deaths and disrupted daily life across ‌the continent for more than a week, with growing concerns over the spread of wildfires.
  • Protesters have told all undocumented foreigners to leave South Africa, ahead of anti-immigrant rallies that many fear will turn violent. Here's what you need to know about what is behind South Africa's anti-immigrant protests.
 

Business & Markets

 
  • If any company stood to gain from President Donald Trump’s trade war, it was Whirlpool. But at its “Big Blue” refrigerator plant the company has cut more than half its nearly 2,000-strong workforce in the last year.
  • New York farmers can start submitting applications for up to $25,000 in relief from the state as part of a $30 million aid effort aimed at easing the hit to farmers from Trump's ‌tariffs, Democratic Governor Kathy Hochul said.
  • British American Tobacco said it plans to reduce its workforce by about 20%, as it pushes ahead with an AI-driven transformation program to cut costs and bolster profits amid regulatory challenges and delayed launches.
  • Apple has accused Indian antitrust investigators of “copy-pasting” its rivals' claims and failing to properly conduct its own investigation in concluding the US tech giant breached competition laws.
  • Comcast said it plans to split into two publicly traded companies through a tax-free spinoff of NBCUniversal ‌and Sky, separating its broadband and wireless business from its media and entertainment assets.
  • Investors brace for key US data in a shortened week. What payrolls and inflation signals could mean for markets. Tune in to the Reuters Morning Bid podcast. 
 

How 5 weeks of war shattered some of Iran’s cherished monuments

 

Broken glass is scattered on the floor inside the Museum of Decorative Arts near Naqsh-e Jahan Square. Isfahan, Iran. REUTERS/Alaa Al-Marjani 

Reuters documented 11 historic buildings in Iran – including some protected under international law – damaged in the US-Israeli air campaign.

Experts said it showed a shift in US targeting practices and priorities away from protecting cultural heritage. 

The White House said the operation was scoped around key military objectives and that the US does not target civilians.

Read our special report
 

And Finally...

Ioanna Vamvakour holds a glass of awarded Assyrtiko wine at a placemat depicting the map of Santorini island complex. REUTERS/Louisa Gouliamaki

In a vineyard on the Greek island of Santorini, winemaker Yiannis Boutaris gestures to a dried-up “kouloura” vine trained into the shape of a basket to protect the grapes from the gruelling ‌summer sun. The plant endured for 90 years but was finally killed by heat and drought.

Its fate highlights a growing problem on Santorini, where low rainfall and searing temperatures from 2023-2025 have increased the price of grapes, slashed wine production and intensified concerns over water supply.

Boutaris, a sixth-generation winemaker who runs the Domaine Sigalas winery, now part of the Kir-Yianni family of wineries, is testing a pilot project with local authorities and scientists to take wastewater from homes and hotels to irrigate the vines.