Page 1166 - World News

US economy rebounds with 2.8% GDP growth in Q2; price pressures easing

Core PCE price index rises at 2.9% rate

Ford slips as higher costs, EV segment take a toll on profit growth

Analysts at Piper Sandler cited these 'unwelcome warranty headwinds' as the reason for the stock slump

Universal Music Group shares drop 30% as streaming growth disappoints

"The speed and quantum of the slowdown in subscription revenues caught the company and analysts by surprise," JPMorgan analysts said in a note

Meta to be hit with first EU antitrust fine for linking Marketplace, FB

Meta could face a fine of as much as $13.4 billion - or 10% of its 2023 global revenue - although EU sanctions are usually much lower than that cap

'Amazon racing to develop AI chips cheaper, faster than Nvidia's'

Through its homegrown chips, Amazon wants to help customers compute complex calculations and process enormous amounts of data more cheaply

Trump, Harris exchange barbs in US presidential race after Biden exit

Biden said he believed he deserved to be reelected based on his record during his first term, but his love of country led him to step aside

It's time for 'younger voices', says Biden in his Oval Office address

Biden acknowledged the difficulty of his decision, saying he revered the office. But ultimately, the president said he believed he needed to unite his party and put aside personal ambition

Secret family battle for Murdoch empire revealed in sealed court documents

Since Murdoch designed the trust nearly 25 years ago, the family's political views have diverged sharply

Scientists make progress in cancer research onboard ISS, NASA announces

Nasa scientists, doctors and researchers are involved in the White House's Cancer Moonshot initiative that aims to cut national cancer rates by at least 50 per cent over the next 25 years

IIT Kanpur prof finds 'Super Jupiter' exoplanet using James Webb telescope

The newly discovered planet, more massive than Jupiter, orbits a K-type star Epsilon Indi A (Eps Ind A), which shares similarities in age with our Sun but is slightly cooler

India's duty cut stops concessionary silver, platinum imports from UAE

After the reduction, there is no incentive to bring silver or platinum into India

Why is Paris making headlines for all the wrong reasons ahead of Olympics?

Just as France is gearing up to host 15 million visitors, its capital city is garnering attention for reports of Covid-19 cases, theft, and an airport strike on the inaugural day of Olympic Games

After praising Zuckerberg; Elon Musk says ready to fight him anytime

Just when the hype around the Elon Musk-Mark Zuckerberg duel seemed to be fading, the Tesla chief has rekindled speculations with latest 'ready to fight' remark

Nissan's profits wiped out by deep US discounts; shares plunge 7%

The US and China are Nissan's two biggest markets, accounting for half of global sales in the year through March and 51 in the first quarter of this financial year

Viral Video: UK cop stamps on Pak national's head at airport, suspended

Manchester Airport Video: The incident, captured in an 18-second viral video, shows the officer pointing a Taser at the victim and kicking him forcefully while he is on the ground

Jordan safe to visit, West's perception a problem: Tourism Minister Queisi

The dip in the number of tourists is what Queisi hopes to address

Harris' endorsement has created burst of energy in Democrats: Congressman

Over the weekend, Vice President Harris was endorsed by Biden, who announced his decision to drop out of the race for the White House

Germany's busiest airport opens again after climate activists block runway

A spokesperson for Frankfurt, a vital international transit hub and one of Europe's biggest airports, said around 140 flights had been cancelled out of 1,400 planned on Thursday

Trump-friendly panel shapes Georgia's election rules at often chaotic meets

Former President Donald Trump continues to assert without proof that widespread fraud cost him the election in Georgia

Typhoon Gaemi: Taiwan sees flooding, landslides; kills 22 in Philippines

The capital, Taipei, was unusually quiet, with light rain falling and occasionally gusting winds