Page 1164 - World News
Paris trains hit by sabotage hours before Olympics opening ceremony
Nearly 800,000 passengers are said to be affected due to cancellations
 "Paris trains hit by sabotage hours before Olympics opening ceremony")
China's ultra-long treasury bonds' use fuels expectations for more stimulus
After unshackling the economy from three years of Covid-19 restrictions, Chinese officials had hoped that stimulating the industrial sector would stabilise the job market
 "China's ultra-long treasury bonds' use fuels expectations for more stimulus")
US inflation rises moderately, consumer spending cools before Fed's meet
The personal consumption expenditures (PCE) price index nudged up 0.1% last month after being unchanged in May, the Commerce Department's Bureau of Economic Analysis reported
 "US inflation rises moderately, consumer spending cools before Fed's meet")
Russia's Central Bank raises key interest rate to 18% as inflation soars
The bank raised the rate by 200 basis points to 18.00%, noting that inflation has accelerated and is developing significantly above its forecast
 "Russia's Central Bank raises key interest rate to 18% as inflation soars")
US indicts North Korean hacker for major cyberattacks, offers $10mn reward
North Korean hacker Rim Jong Hyok has been accused of orchestrating major cyber attacks on US defense, Nasa, healthcare systems, and Asian companies
 "US indicts North Korean hacker for major cyberattacks, offers $10mn reward")
In a 1st, US, Canada intercept China-Russia joint patrol jets near Alaska
A statement from Norad maintained that the bombers remained in international airspace in Alaska's Air Defence Identification Zone (ADIZ) and were 'not seen as a threat'
 "In a 1st, US, Canada intercept China-Russia joint patrol jets near Alaska")
Philippines plans to siphon off highly toxic oil cargo from sunken tanker
The sunken tanker's owner has contracted a private company to undertake the oil siphoning, which could take a week
 "Philippines plans to siphon off highly toxic oil cargo from sunken tanker")
Ethiopia mudslides: Search for missing continues as death toll rises to 257
The UN humanitarian office, known as OCHA, said in an update Thursday that the death toll could rise to as many as 500, citing local officials
 "Ethiopia mudslides: Search for missing continues as death toll rises to 257")
Elon Musk's daughter slams him, says he is desperate for attention
Elon Musk's daughter claimed that her father was never around to see her growing up, shares long threads on X's rival social media platform
 "Elon Musk's daughter slams him, says he is desperate for attention")
Sanctioned Iranian crude oil finds new markets in city of Dalian in China
Analysts estimate China imported 1.2-1.4 million bpd of Iranian crude during the period. Vortexa said the imports hit a record 1.52 million bpd last October
 "Sanctioned Iranian crude oil finds new markets in city of Dalian in China")
Southeast Asian diplomats meet China's Wang Yi over maritime dispute
Several members of the Association of Southeast Asian Nation have disputes with China, which has led to direct confrontations that many worry could lead to broader conflict
 "Southeast Asian diplomats meet China's Wang Yi over maritime dispute")
Agreement with Russia is 'deal with devil,' adviser to Ukrainian prez says
A deal would only buy time for Russian President Vladimir Putin to strengthen his army and usher in another, potentially more violent chapter in the war, he said
 "Agreement with Russia is 'deal with devil,' adviser to Ukrainian prez says")
US prez election: Can Harris turn Biden's economic record to her advantage?
Boosted by the administration's $1.9 trillion stimulus package, robust economic growth sent demand for workers soaring, forcing employers to jack up wages
 "US prez election: Can Harris turn Biden's economic record to her advantage?")
Bangladesh quells protests against job quotas but anger, discontent remain
The protests, which started in universities and colleges earlier this month, quickly turned into a more widespread agitation against Hasina and her government
 "Bangladesh quells protests against job quotas but anger, discontent remain")
Under pressure in China, Mercedes-Benz trims 2024 car profit outlook
The company said it now expected an adjusted return on sales in the range of 10-11 per cent this year, down from its previous target range of 10-12 per cent
 "Under pressure in China, Mercedes-Benz trims 2024 car profit outlook")
JPMorgan Chase unveils AI-powered LLM Suite; may replace research analysts
US financial services major JPMorgan Chase's new large language model, functioning as a 'research analyst', has already been rolled for more than 50,000 employees
 "JPMorgan Chase unveils AI-powered LLM Suite; may replace research analysts")
VP Kamala Harris joins TikTok following meme surge on her candidature
Harris unveiled her TikTok account, @kamalaharris, on Thursday
Real-life Narcos busted: US authorities capture top Sinaloa Cartel leaders
Two top leaders of Mexican drug cartel known as El Mayo and El Chapo were arrested by US authorities in a major operation involving the FBI, DEA, and Homeland Security investigations
 "Real-life Narcos busted: US authorities capture top Sinaloa Cartel leaders")
Trump's VP nominee JD Vance's tryst with many names before sticking to his
The senator from Ohio introduced himself to the world in 2016 when he published his bestselling memoir, Hillbilly Elegy, under the name J.D. Vance
 "Trump's VP nominee JD Vance's tryst with many names before sticking to his")
Vietnam Communist Party chief's funeral draws thousands of mourners
His death, at 80, last week in Hanoi marked the start of a succession struggle within the party that will likely to continue
 "Vietnam Communist Party chief's funeral draws thousands of mourners")