Page 1146 - World News

Firefighters advance against blaze in California ahead of warming weather

Some blazes were sparked by the weather, with climate change increasing the frequency of lightning strikes

Airbus quarterly profit falls to half on industrial costs, space charge

Airbus is working on a review of space activities as it discusses potential alliances with France's Thales and Italy's Leonardo, and meanwhile plans to announce a new turnaround plan

Alphabet's partnership with AI startup Anthropic under UK scrutiny

Agreements under scrutiny include Microsoft's partnerships with startups such as OpenAI, Inflection AI, and Mistral AI, as well as Alphabet's ties to other smaller companies such as Anthropic and Cohe

Microsoft pushes US Congress to pass law for crackdown on deepfakes

The company also is pushing for Congress to label AI-generated content as synthetic and for federal and state laws that penalize the creation and distribution of sexually exploitive deepfakes

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