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Hong Kong's Cathay Pacific probe finds 15 A350s need engine parts replaced

Aviation Herald, an air safety publication, reported the jet had turned back after a cockpit alert warning of a fire in one of its two Rolls-Royce XWB-97 engines

UK govt's decision to suspend some arms for Israel frustrates both sides

His foreign minister, David Lammy, said the move to limit the licences Britain gives for arms exports to Israel was because there was a risk such equipment might be used to commit serious violations

White House asks agencies to boost internet routing security efforts

The internet consists of more than 70,000 interconnected networks and BGP is used to exchange information to route traffic

Meta to inform Brazilians how it uses their personal data to train AI

Meta's users in Brazil will receive the warnings starting on Tuesday by email and notifications on Facebook and Instagram, and will be able to reject the use of their data

US safety commissioners call for investigation into Shein and Temu

Shein and PDD Group's Temu, which both ship cheap merchandise into the U.S. from China, are raising "specific concerns" for the Commission for their use of de minimis

Snap to focus on growing ad biz, augmented reality amid poor stock show

At the start of August, Snap projected a weak forecast for the current quarter, citing a decrease in advertising spend and is now expected to report fiscal 2024 revenue of $5.34 billion

Nvidia gets subpoena from US Justice dept as antitrust probe deepens

The antitrust watchdog had previously delivered questionnaires, and has now sent legally binding requests to Nvidia, the report said, adding that other companies had also received subpoenas

Already expensive house prices to get modest boost from rate cuts: Poll

Most central banks were expected to start cutting interest rates sometime this year, or have already done so, with the US Federal Reserve predicted to start at its Sept. 17-18 meeting

SoftBank-backed OfBusiness plans up to $1 bn India IPO for H2 of 2025

The initial public offering is expected to total between $750 million and $1 billion, with about $200 million in new shares and the rest shares offered by existing shareholders to new investors

Toyota, Maruti launch hybrid push in UP to capitalise on tax waivers

The waivers have split India's auto industry, with Tata Motors, Mahindra and Mahindra and Hyundai arguing their sales of pure electric cars will suffer

Cathay Pacific halts flights for A350 checks, other airlines await guidance

Rolls-Royce had not yet issued a directive to airlines regarding possible inspections, according to an industry source who was not authorised to speak publicly about the matter

US lender Glas Trust not part of insolvency panel of Byju's: Report

Byju's was once a darling of global investors and valued at $22 billion in 2022, but is now facing insolvency due to its dispute with US lenders

No link between mobile phones, brain cancer, finds WHO-backed study

The final analysis included 63 studies from 1994-2022, assessed by 11 investigators from 10 countries, including the Australian government's radiation protection authority

Need to remove basmati rice floor price to boost shipments, say exporters

India and Pakistan, the only growers of basmati, both try to promote the premium grade of rice in a manner similar to French Champagne or Darjeeling tea

Sebi working on simplified rules for foreigners investing in govt bonds

Foreign investment in Indian government bonds has risen sharply since September 2023, when J.P. Morgan announced the inclusion of India in its debt indexes

Nokia signs deal with AT&T after losing network contract to Ericsson

Nokia said the fibre deal with AT&T is "Build America, Buy America-compliant", to meet the requirements of U.S. government funding

Apple to completely switch to OLED for iPhone display from 2025: Report

The planned move will exclude Japan's Sharp Corp and Japan Display from Apple's handset business, Nikkei said

BPCL and ONGC to jointly explore setting up a new refinery: Report

BPCL plans to increase its integrated refining and petrochemical capacities within the next five to seven years to meet growing energy demand

Pope Francis arrives in Indonesia, kicks off ambitious Asia-Pacific tour

Pope Francis is expected to continue voicing appeals to confront the dangers of a warming globe

Travel industry to contribute record $11 trillion to global GDP in 2024

Travel spending in the US, Chinese and German economies is expected to contribute the most to GDP