Page 1150 - World News

Meta reports better-than-expected sales in Q2, shares jump by 10%

Meta has been using AI to improve the way its advertisers can find interested users, adding efficiency to its most lucrative business

Amazon set to join Google, Microsoft's spending surge as AI race heats up

The e-commerce giant's capital investments - mostly for building cloud and generative AI infrastructure - is expected to have risen 43 per cent in the second quarter to $16.41 billion

War with Israel in new phase after top militant killings: Hezbollah leader

The back-to-back killings have increased fears of an escalation into a wider war, leaving the region waiting to see how Iran and ally Hezbollah will respond

Bomb smuggled into Tehran guesthouse months ago killed Hamas leader: Report

An explosive device hidden in a heavily guarded complex where Ismail Haniyeh was known to stay in Iran was what killed him, according to a Times investigation

Volkswagen doubles down on cost cuts to try to revive profit margins

The German group is further reducing production capacity, cutting costs and changing software spending following its investment in electric vehicle maker Rivian

Fox, Disney, Warner Bros's sports-streaming JV priced at $42.99 per month

The companies announced the service in February to woo younger viewers who are not tuned in to cable TV by bundling their broad portfolio of sports rights

Weekly unemployment claims rise to 11-month high of 249,000: US labour dept

Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 249,000 for the week ended July 27, the highest level since August last year

Bank of England cuts interest rates from 16-year high as inflation eases

Thursday's decision was in line with the forecast in a Reuters poll of economists but financial markets had only seen just over a 60 per cent chance of a cut

Thomson Reuters reports 6% rise in revenue, plans to deploy AI aggressively

The company now forecasts full year revenue to hit the high end of projections or a rise of about 7 per cent

Factories across Europe, Asia struggled in July as demand waned, shows PMIs

It was a broadbased downturn in the euro zone while a slump in China's manufacturing activity suppressed its Asian neighbours

Kamala Harris' birth certificate shared online after Trump questions race

US Presidential candidate Kamala Harris' ethnicity was questioned by Donald Trump, leading up to the polls on November 5

UK PM Keir Starmer meets police after 100 arrests in violent protests

Three children six-year-old Bebe King, seven-year-old Elsie Dot Stancombe and nine-year-old Alice Dasilva Aguiar died as a result of the attack at The Hart Space community centre

Oil prices rise during trade on risk of broadening Middle East conflict

Global benchmark Brent crude futures rose 71 cents, or 0.9 per cent, to $81.55 a barrel by 0605 GMT

Valley fever: All about the viral infection spread at California music fest

The California Department of Public Health (CDPH) issued a warning that Valley fever cases are connected to the Lightning in a Bottle festival at Buena Vista Lake, California from May 21 to 25

Antony Blinken aims to ease tension over US polls on six-nation Asia tour

Blinken who with Austin was in Tokyo to announce an upgrade in US-Japan military ties, something that Trump had wanted to curtail while in office tried to downplay such concerns

9/11 plotters agree to plead guilty 20 yrs after Twin Tower attack in US

Khalid Shaikh Mohammed and two of his alleged accomplices, Walid bin Attash and Mustafa al-Hawsawi, have agreed to plead guilty to conspiracy and murder charges

Hamas chief's killing: Iran's Khamenei orders strike on Israel, reports NYT

In a major escalation in the region, the New York Times reported that Iran's supreme leader Ayatollah Khamenei has ordered its troops to carry out direct strikes against Israel

Prez Xi urges hi-tech smart system usage to boost China's border defence

Xi highlighted the need to strengthen technological empowerment in border defence, enhance the development of new methods

US House introduces resolution on India-US strategic bilateral relationship

Resolution says that this partnership is based on shared principles of democracy, religious pluralism, human rights

Al-Qaeda's primary plotter of 9/11 attacks agrees to plead guilty

Dozens of relatives of those killed died while awaiting resolution of the case