Global electric vehicle sales increase by 21 per cent in July
Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 21 per cent in July, thanks to China’s strongest growth this year and despite dropping demand in ...
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Carlsberg lifts 2024 organic growth outlook, Q2 sales lag forecasts
Danish brewer Carlsberg (CARLb.CO) this week lifted its full-year organic growth outlook despite posting weaker-than-expected sales for the second quarter.
The company said it now expects full year organic ...
German investor morale tumbles in August
German investor morale darkened more than expected in August, posting its strongest decline in two years, the ZEW economic research institute said this week.
The economic sentiment index fell to 19.2 ...
Ukraine is advancing deeper into Russia, Zelenskiy says
Ukraine said on Wednesday its forces had advanced further into Russia’s Kursk region in the biggest foreign incursion into Russia since World War Two, posing a dilemma for President ...
Turkish gold demand lifts Italian jewellery exports as leather goods suffer
A surge in demand for gold from inflation-stricken Turkey boosted exports of jewellery from Italy’s industrial district of Arezzo in Tuscany, data showed this week, offsetting a drop in ...
Hamas to stay out of Gaza truce talks, Iran considers Israel attack
The Palestinian Islamist group Hamas said on Wednesday it would not take part in a new round of Gaza ceasefire talks slated for Thursday in Qatar, dimming hopes for a ...
Germany asks Poland to arrest Ukrainian diver in Nord Stream probe, media reports
Germany has asked Poland to arrest a Ukrainian diving instructor who was allegedly part of a team that blew up the Nord Stream gas pipelines two years ago, according to ...
Japan’s Prime Minister Kishida to resign, paving way for new leader
Japan’s Prime Minister Fumio Kishida said he will step down next month, succumbing to public disaffection over political scandals and rising living costs that marred his three-year term, and ...
Greece tackles last of wildfire near Athens, assesses damage
Firefighters battled on Wednesday to extinguish the remnants of a wildfire near Athens that killed a woman, torched buildings, devoured woodland and forced thousands of people to flee their homes.
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Volatility funds lure investors as markets turn jittery
Global managed volatility funds saw their first net inflows for more than a year last month, as markets reacted to growing concerns over the economic outlook, uncertainty around monetary policy, ...
Bluesky signups surge in UK amid Musk’s feud with government over riots
Social media platform Bluesky said it has seen a surge in signups in the United Kingdom in the recent days, a sign that Elon Musk’s controversial comments on the ...
UK pay growth drops to lowest in nearly 2 years, joblessness falls
British pay grew at its slowest pace in nearly two years, likely reassuring the Bank of England that inflation pressures are easing, and there was a surprise drop in unemployment, ...
Meta welcomes Turkey lifting access ban on Instagram, spokesperson says
Meta Platforms (META.O) said on Tuesday that it welcomed Turkey’s reopening of access to its Instagram social media platform and that it continues to talk to Turkish authorities ...
The official Olympic flag returns to Los Angeles for the first time in 40 years
The Olympic flag arrived on Monday in Los Angeles, where it will be flown in 2028 when the city hosts the next Summer Games.
The flag arrived aboard a Delta Airlines ...
AC Milan sign Brazilian defender Emerson Royal from Spurs
AC Milan have signed Brazilian defender Emerson Royal from Premier League side Tottenham Hotspur on a contract until June 2028 with an option for a one-year extension, the Serie A club ...
Fitch cuts Israel’s credit rating amid rising Middle East tensions
Credit ratings agency Fitch downgraded Israel’s credit rating to “A” from “A-plus” on Monday, citing worsening geopolitical risks as the war in Gaza drags on, and kept the rating ...
Boeing’s 737 MAX output target for 2024 faces delays, analysts say
Boeing will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody’s and S&P told Reuters, saying that the company faces challenges as ...
Hamas says it wants Gaza truce deal implemented, not new talks
Hamas is sticking to its demand that Gaza truce talks focus on a deal already discussed with Israel and mediators rather than starting anew, an official said on Tuesday, after ...
Ukraine restricts civilian movements in border area of Sumy region
Ukraine is restricting the movement of civilians within a 20km (12 mile) zone in a northeastern region bordering Russia, Kyiv’s general staff said on Tuesday, as its troops push further ...
Russia steps up assaults on Pokrovsk front in Ukraine’s east
Russian forces stepped up their attacks on the Pokrovsk front in eastern Ukraine over the last 24 hours, the Ukrainian military said on Tuesday, reporting the largest number of battles in ...
Iran dismisses European calls for restraint amid Mideast tensions
Calls from France, Germany and Britain that Iran should exercise restraint with regards to Israel “lack political logic and contradict principles of international law,” Iran’s foreign ministry said on ...
Martian subsurface harbours oceans of life-giving liquid water
A study released on Monday using data from NASA’s Mars InSight lander shows evidence of liquid water far below the surface of the fourth planet, advancing the search for ...
One dead as Greek wildfire eases in Athens suburbs, but high winds expected
Greece’s worst wildfire of the year killed one woman and continued to burn on the outskirts of the capital Athens on Tuesday, although lighter winds and firefighting efforts helped ...
UK employers to give smallest pay rises in two years
British employers expect to raise pay by 3 per cent over the coming year, the lowest planned increase in two years and down from 4 per cent three months ago, a survey ...