Page 1144 - World News

P&G records surprise sales drop as demand slows despite price restraint

The company's rivals, including Nestle and Unilever , also reported first-half sales growth below expectations

French cosmetics L'Oreal Q2 sales rise but depressed China market weighs

The Paris-based company, which owns the Maybelline and Lancome brands, said on Tuesday that sales in the quarter reached 10.88 billion euros

Instagram to allow users create their own chatbots through AI studio

The broader universe of Instagram users will be able to make a themed chatbot for their profile, for example a bot focused on mixed martial arts, dining or pets

Far-right protesters storm two Israeli army bases over soldiers' arrests

The protests were sparked by the arrests of soldiers at Sde Teiman, where suspected Hamas fighters who carried out the Oct 7 attacks are being held

Luxury retail empire Hermes' heir alleges his fortune has vanished

Puech's lawyers told the court he no longer owns the assets in question: about 6 million shares worth roughly €12 billion ($13 billion) in family-controlled Hermes International SCA

Microsoft reports outage of some office applications, cloud services

Users may be either unable to access the apps, or experience worsened connection or performance, the company said in a message to customers

EU to give Euro 2.4 mn aid for flood victims in India, B'desh, Philippines

The funding will help provide cash assistance, food, access to clean water and sanitation, and other essential services in the hardest-hit areas

US job openings edge lower in June, labour resilience underpinning economy

Job openings have been steadily declining since hitting a record 12.182 mn in March 2022 as demand moderates in response to the Federal Reserve's aggressive interest rate hikes

Euro zone economy sees slight growth, outlook remains far from rosy

Euro zone economy is quite like water quality of Seine (polluted river in Paris), some days it may look okay but overall it's poor enough to continuously worry about it, ING economist Bert Colijn said

Pfizer raises annual profit forecast on strong sales of cancer, heart drugs

The market for pharmaceutical products used in managing Covid-19 has shrunk by billions of dollars a year, including for Pfizer's vaccines and treatments

Creator of Tiramisu, Roberto Linguanotto, passes away at the age of 81

Dubbed the 'father of Tiramisu', Roberto 'Loli' Linguanotto, took his last breath on Sunday in Italy after battling an unspecified, long-time illness

Amid US scrutiny Alaska extends period for Hawaiian Airlines acquisition

Shortages of new planes, jet engines and pilots have spurred US airlines to pursue growth through acquisitions, putting them in the crosshairs of anti-trust regulators

Tesla recalls over 1.8 mn vehicles in US due to software failure risk

The recall applies to certain 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y vehicles, the regulator said

StanChart unveils $1.5 bn share buyback, bets on eco growth at Asian mkts

The property market recovery in China "remained slower than expected amidst government support measures", and the bank continues to monitor its portfolios, Stanchart's Chief Risk Officer said

Russia-N Korea defence deal 'risky for the world': Australian foreign min

The US and its partners have steadfastly accused North Korea of supplying much-needed conventional arms to Russia for its war in Ukraine in return for military and economic assistance

China's leaders vow to step up policy support for boosting economy

"Macro policies should be strengthened persistently and become more forceful," the Poliburo added, according to the official Xinhua news agency

How did strike on Golan Heights soccer field happen? Here's what we know

Israel accused Hezbollah in Lebanon of deliberately targeting civilians, while Hezbollah quickly issued a rare denial of any responsibility for the attack

Olympics 2024: Donald Trump criticises opening ceremony, calls it disgrace

I am very open-minded. But I think, what they did was a disgrace, he said in response to a question

Vandalism hits communication lines in France during Paris Olympics

Marina Ferrari, secretary of state in charge of digital affairs, posted on X that damage in several regions overnight Sunday to Monday affected telecommunications operators

Paris Olympics 2024: In another attack, France's telecom lines vandalised

The attack comes days after arson attacks on France's train networks on the day of Olympics opening ceremony