Turkey battles wildfires amid strong winds, heatwave
28/07/2025
Thai, Cambodian leaders hold ceasefire talks in Malaysia
28/07/2025
War in Gaza: Israel says 120 trucks of aid distributed
28/07/2025
US and EU clinch deal with 15% US tariff on most EU exports to avert trade war
28/07/2025
Tadej Pogacar wins a fourth Tour de France, Wout van Aert takes the final stage
28/07/2025
Trump and Von der Leyen strike a deal in transatlantic tariff standoff
27/07/2025
REPLAY & ANALYSIS: Trump - Von Der Leyen meet about tariffs in Scotland
Europe
27/07/2025
Thai-Cambodian border clashes: Trump threatens to withhold trade deals until ceasefire
Asia / Pacific
27/07/2025
Euro 2025: Lionesses of England take on la Furia Roja of Spain
Sport
27/07/2025
Israel announces daily pauses in Gaza fighting as aid airdrops begin
Middle East
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
France 24
24 minutes ago
- France 24
UK to begin migrant returns to France under 'one in, one out' deal
Britain said it will begin implementing a deal to return some migrants who arrive on small boats to France within days, a key part of its plans to cut illegal migration, after a treaty on the arrangement is ratified on Tuesday. Under the new deal, France has agreed to accept the return of undocumented people arriving in Britain by small boats, in exchange for Britain agreeing to accept an equal number of legitimate asylum seekers with British family connections. Prime Minister Keir Starmer and French President Emmanuel Macron announced the "one in, one out" pilot scheme on migrant returns last month. More than 25,000 people have come to Britain on small boats so far in 2025, and Starmer has pledged to "smash the gangs" of smugglers to try to reduce the number of arrivals. Starmer, whose popularity has fallen since winning an election landslide last year, is facing pressure to stop small boats from Nigel Farage 's Reform UK party, which leads national opinion polls. In recent weeks in England, there have been a number of protests around hotels housing the asylum seekers who have arrived on small boats, attended by both anti-immigration and pro-immigration groups. French Interior Minister Bruno Retailleau said on X that the new agreement between the countries has a "clear objective" to break up the people-smuggling networks, although British interior minister Yvette Cooper would not say how many people would be returned under the scheme. "The numbers will start lower and then build up," she told Sky News on Tuesday, adding that the people returned would be those who had immediately arrived on small boats, rather than people already in Britain. Government sources previously said the agreement would involve about 50 returns a week, or 2,600 a year, a fraction of the more than 35,000 arrivals reported last year. Critics of the scheme have said that the scale will not be sufficient to act as a deterrent, but Cooper said that the agreement with France was just one part of the government's wider plan. The government has also targeted people smugglers with sanctions, clamped down on social media adverts and is working with delivery firms to tackle the illegal work that is often promised to migrants. A treaty on the scheme was signed last week but not previously announced ahead of Tuesday's ratification. Britain said the European Commission and European Union member states had given the green light to the plan.
Fashion Network
44 minutes ago
- Fashion Network
American Eagle jumps most since 2000 after Trump praises Sydney Sweeney ad
So while Trump's comments on Monday don't reveal any new information about the company's performance, they do add to the hype around American Eagle shares. And that's drawn investors betting on the hype itself – a telltale sign of a meme stock. 'What are meme stocks for the most part? Individual investors chasing after the hottest stock,' said Matt Maley, chief market strategy at Miller Tabak & Co. Monday's move pared the stock's year-to-date decline to 20%. The company has been battered by sluggish demand and last quarter it registered a $75 million charge related to a writedown of its spring and summer merchandise. Some traders who drove up the shares on Monday are probably betting that the spotlight on the company will translate into greater sales. But that alone doesn't explain the magnitude of the share move, Maley said, adding that American Eagle executives should seize on the interest by, for example, issuing more shares. Meme stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. have done this in the past. Representatives for American Eagle didn't immediately respond to a request for comment. 'In the short term, traders are very adept at chasing hype,' said Steve Sosnick, chief strategist at Interactive Brokers. 'If one believes that the more this is talked about, the better it is for the stock, then that certainly is a boon.' 'Whether or not that translates into more or fewer people buying the actual products' after Trump weighed in won't be clear for 'days, weeks or quarters,' he added. The interest in American Eagle is likely to continue, even if there's not another major precipitating event like a social media post by the US president. 'The momentum is there,' Maley said. 'Today's marketplace with algorithmic trading, not only does it create buyers, but it eliminates sellers.' While Sweeney, a sought-after face for brands, has provided a pop for stocks in the past, those gains haven't always endured. A year ago, footwear company Crocs Inc. disclosed Sweeney as a global spokesperson for its HEYDUDE line. The stock rose 4.1% on the day of the announcement, but since then, shares are down nearly 30%.
Fashion Network
44 minutes ago
- Fashion Network
American Eagle jumps most since 2000 after Trump praises Sydney Sweeney ad
So while Trump's comments on Monday don't reveal any new information about the company's performance, they do add to the hype around American Eagle shares. And that's drawn investors betting on the hype itself – a telltale sign of a meme stock. 'What are meme stocks for the most part? Individual investors chasing after the hottest stock,' said Matt Maley, chief market strategy at Miller Tabak & Co. Monday's move pared the stock's year-to-date decline to 20%. The company has been battered by sluggish demand and last quarter it registered a $75 million charge related to a writedown of its spring and summer merchandise. Some traders who drove up the shares on Monday are probably betting that the spotlight on the company will translate into greater sales. But that alone doesn't explain the magnitude of the share move, Maley said, adding that American Eagle executives should seize on the interest by, for example, issuing more shares. Meme stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. have done this in the past. Representatives for American Eagle didn't immediately respond to a request for comment. 'In the short term, traders are very adept at chasing hype,' said Steve Sosnick, chief strategist at Interactive Brokers. 'If one believes that the more this is talked about, the better it is for the stock, then that certainly is a boon.' 'Whether or not that translates into more or fewer people buying the actual products' after Trump weighed in won't be clear for 'days, weeks or quarters,' he added. The interest in American Eagle is likely to continue, even if there's not another major precipitating event like a social media post by the US president. 'The momentum is there,' Maley said. 'Today's marketplace with algorithmic trading, not only does it create buyers, but it eliminates sellers.' While Sweeney, a sought-after face for brands, has provided a pop for stocks in the past, those gains haven't always endured. A year ago, footwear company Crocs Inc. disclosed Sweeney as a global spokesperson for its HEYDUDE line. The stock rose 4.1% on the day of the announcement, but since then, shares are down nearly 30%.
