Plus, Trump's FIFA intervention causes World Cup storm.

Go beyond the headlines with Reuters on the stories shaping the day. Subscribe for $1/week.

 

Daily Briefing

Daily Briefing

By Claire Beers

Hello. The funeral for Iran's slain leader Khamenei goes ahead without his successor, Trump intervenes in World Cup red-card storm and South Korea's SK Hynix launches $28 billion US listing.

Plus, a small plane hit Beijing's tallest tower. What happened?

Today's Top News

 

Officials attend a prayer during a public farewell ceremony in Tehran. REUTERS/Office of the Iranian Supreme Leader

  • Three sons of slain Iranian leader Ayatollah Ali Khamenei prayed beside his coffin and those of four other family members on Sunday, but Mojtaba, the son who succeeded him as Iran's supreme leader, did not make an appearance.
  • The Islamic Republic of Iran is staging a week of mass funeral ceremonies for Khamenei. Follow our live page for the latest updates. 
  • The United States' World Cup campaign took an extraordinary turn on Sunday when FIFA suspended striker Folarin Balogun's red-card ban after President Trump urged FIFA President Gianni Infantino to review the case.
  • Russia hammered Kyiv with missiles and drones early on Monday, killing at least 12 people, officials said, as shortages of US-made interceptors left the Ukrainian capital ‌struggling to defend itself.
  • China's military test-fired a missile from a nuclear-powered submarine into the Pacific, drawing criticism and concerns from Japan, Australia and New Zealand over ‌Beijing's expanding military reach.
  • As Venezuela's earthquake death toll surpasses 3,300, Andean bureau chief Julia Symmes Cobb in Caracas tells the Reuters World News podcast how the grim work of identifying the dead is becoming increasingly difficult.
  • Prince Harry will not stay at Buckingham Palace during his trip to Britain this week, the palace said, despite a spokesman for the king's second son telling media that he had accepted ‌an invitation to do so.
 

Business & Markets

 

SK Hynix's booth during the China International Supply Chain Expo. REUTERS/Florence Lo 

  • South Korean chipmaker SK Hynix launched a US share sale to raise $28.07 billion, the company said, as it capitalizes on the global AI boom.
  • Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI growth continues to strain memory supply and push chip prices ‌higher.
  • Workers in Samsung's smartphone, television and home appliance division will stage a rally on July ‌16 to protest the big bonuses the company's chip workers have negotiated.
  • Boeing plans to begin operating a fourth 737 MAX assembly line on Monday at its Everett, Washington, factory. The new line is part of ‌the US planemaker's long-term plans to significantly increase output of its popular single-aisle jetliner.
  • Comcast's Sky has agreed to buy the broadcast channels and streaming service of Britain's ITV for $2.13 billion, creating a British champion ‌with the scale to compete with global players like Netflix, Amazon and Disney.
 

A small plane hit Beijing’s tallest tower. Much remains unclear.

 

Estimating the travel distance based on the last recorded ground speed of 191km/h, the plane could have reached the tower within 2 minutes. REUTERS

A light aircraft crashed into a high-rise building in central Beijing on June 26, killing the pilot and injuring 13 people not on board.

Authorities said a single-engine, two-seat light sport aircraft collided with a high-rise building near Beijing’s East Third Ring Road at 5:55 p.m. local time, but have released few details about the circumstances surrounding the crash.

More than a week later, many questions remain unanswered.

Read more
 

And Finally...

England's Jude Bellingham celebrates scoring with Harry Kane. REUTERS/Eloisa Sanchez

Watching the World Cup and hearing the music in the stadium may have left you wondering — how is that chosen?

The songs are not random. More than 750 songs were chosen in advance. FIFA has a "Stadium Entertainment Team" that works with the participating national associations to create playlists ‌that mix stadium classics with country-specific favourites.

Read more