World News
OpenAI launches 'most intelligent' model, says it beat Anthropic: Report
OpenAI says its latest AI model has moved ahead of rival Anthropic in software, science and cybersecurity, as the two companies compete for the AI industry's top spot
 "OpenAI launches 'most intelligent' model, says it beat Anthropic: Report")
Khosla Family takes charge of Seattle Seahawks after record $9.6 bn deal
The deal ends the Allen family's ownership of the franchise and comes months after Seattle secured its second Super Bowl title
 "Khosla Family takes charge of Seattle Seahawks after record $9.6 bn deal")
Nepal flash floods: Two workers rescued alive from tunnel after 10 days
Two men trapped inside a tunnel at Nepal's Trishuli 3A hydropower project have been rescued alive 10 days after the Bhotekoshi flash floods disaster
 "Nepal flash floods: Two workers rescued alive from tunnel after 10 days")
Around 600 children missing in Nepal's Rasuwa, Nuwakot after flash floods
An estimated 280 children are missing in Rasuwa, and between 300 and 350 others remain unaccounted for in the neighbouring Nuwakot in central Nepal
 "Around 600 children missing in Nepal's Rasuwa, Nuwakot after flash floods")
US job growth may rebound in August; unemployment rate forecast at 4.1%
US payrolls are expected to rebound in August as a temporary drag from local government education fades, though job losses linked to Haiti's protected status could limit the recovery
 "US job growth may rebound in August; unemployment rate forecast at 4.1%")
Pacific leaders criticise China's new missile test, call for advance notice
Pacific island leaders voiced concern over an ICBM test that flew over several member states without adequate notice and called for at least 24 hours' warning for future launches
 "Pacific leaders criticise China's new missile test, call for advance notice")
Natural disaster insurance: How Nepal will finance its reconstruction
The Bhotekoshi floods have left Nepal facing a huge rebuilding bill. But with only part of the damage insured, who will ultimately pay for the recovery?
 "Natural disaster insurance: How Nepal will finance its reconstruction")
Adobe names Anil Chakravarthy as CEO, Narayen to become executive chair
Adobe will name Anil Chakravarthy as chief executive on December 1, with longtime CEO Shantanu Narayen becoming executive chair as AI tools challenge its creative software business
 "Adobe names Anil Chakravarthy as CEO, Narayen to become executive chair")
Why Nepal's flood aftermath may be more complex than the disaster itself
From a $4-5 billion rebuilding bill and damaged hydropower to broken trade routes, lost livelihoods and weak local capacity, Nepal's recovery could stretch far beyond the floodwaters
 "Why Nepal's flood aftermath may be more complex than the disaster itself")
Beyond the flood: What Nepal's disaster means for Himalayan ecosystems
The floodwaters have receded, but Nepal's rivers, slopes and habitats may bear deeper scars. What does a debris-heavy flash flood leave behind in one of the world's most fragile ecosystems?
Nepal floods in numbers: A look at major deluges that hit the country
With 1,252 bodies recovered and 4,216 people still missing, the Bhote Koshi disaster is nearing Nepal's deadly 1993 flood benchmark, even as data remains preliminary
 "Nepal floods in numbers: A look at major deluges that hit the country")
Asian shares climb as Fed rate hike fears ease ahead of US jobs data
Asian shares rose as investors awaited key US jobs data, while the yen rallied 2.6% this week after Fed Governor Christopher Waller eased fears of a rate hike
 "Asian shares climb as Fed rate hike fears ease ahead of US jobs data")
Vance says US-Iran fighting isn't 'war', avoids giving timeline, end date
US Vice President JD Vance rejected describing the six-month-old US-Iran fighting as a war and declined to say whether the conflict would end before the November 3 midterm elections
 "Vance says US-Iran fighting isn't 'war', avoids giving timeline, end date")
US hits Cuba with new sanctions targeting oil firm, Raul Castro's grandson
The Trump administration imposed fresh sanctions on Cuba's oil industry supply company and Fidel Castro's grandson, deepening pressure on the island amid an escalating energy crisis
 "US hits Cuba with new sanctions targeting oil firm, Raul Castro's grandson")
Volkswagen board approves plan to cut 50K more jobs, close 4 German plants
Volkswagen's board approved a cost-cutting plan that will cut 100,000 jobs, halve its model lineup and end vehicle production at four German plants
 "Volkswagen board approves plan to cut 50K more jobs, close 4 German plants")
Chinese AI firm Moonshot files confidentially for Hong Kong IPO
The developer of the Kimi large language model is aiming to raise $3 billion, one of the people said, as per Reuters.
 "Chinese AI firm Moonshot files confidentially for Hong Kong IPO")
Iran strikes Kuwait after US bombardments, Gulf tensions escalate
Fighting between the US and Iran has increased this week after the US hit Iranian rocket launchers on an island in the Strait of Hormuz on Sunday, saying Iran was planning to use them to shoot mines
 "Iran strikes Kuwait after US bombardments, Gulf tensions escalate")
El Nino may become strongest ever, raise extreme weather risks: WMO
"If this trajectory continues, it may be stronger than anything since our monitoring began. So literally off the charts," WMO Secretary-General Celeste Saulo told a Geneva press conference.
 "El Nino may become strongest ever, raise extreme weather risks: WMO")
Broadcom raises AI chip sales forecast to $115 billion by 2028
Broadcom, whose custom AI chips are used by companies including Meta Platforms, Google and OpenAI, said it now expects AI chip revenue of about $115 billion in the fiscal year ending Oct 2027
 "Broadcom raises AI chip sales forecast to $115 billion by 2028")
New York Mayor Mamdani bans AI tools till class VIII in NYC public schools
New York City Mayor Zohran Mamdani and the Schools Chancellor Kamar Samuels unveiled the new rule a week before classes begin on Sept. 10. It will apply to roughly 600,000 public school students
 "New York Mayor Mamdani bans AI tools till class VIII in NYC public schools")