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Stocks climb eyeing US rate cut, political turbulence
Stock markets mostly rose while gold reached new highs on Tuesday, with expectations of US rate cuts to bolster the world's biggest economy offsetting political turbulence in Japan and France.
Stocks climb as US rate cut hopes counter political shakeups
Stock markets mostly rose while gold hit a record high on Tuesday, with expectations of US rate cuts to bolster the world's biggest economy outweighing political shakeups in Japan and France.
Miners Anglo American, Teck to forge copper giant
British mining group Anglo American and Canadian peer Teck Resources announced Tuesday plans for a multi-billion-dollar merger, with copper in strong demand as the world transitions to cleaner energy and artificial intelligence.
Stocks climb eyeing US rate cuts, political changes
Stock markets mostly rose and gold hit a record high Tuesday as traders balanced expectations of cuts to US interest rates with political shakeups in Japan and France.
'Da Vinci Code' author Dan Brown releases latest thriller
Best-selling American author Dan Brown, creator of the publishing phenomenon "The Da Vinci Code", released his latest thriller Tuesday in 16 languages simultaneously.
Miners Anglo American, Teck plan new copper giant
British mining group Anglo American and Canadian peer Teck Resources on Tuesday announced plans for a multi-billion-dollar merger, creating a champion of copper production and other critical minerals.
Markets mainly rise on US rate cut hopes
Asian and European markets mostly rose Tuesday fuelled by optimism the Federal Reserve will slash interest rates this year, with gains led by a record high in Tokyo while gold also hit a fresh peak.
Mistral cements AI lead in Europe with cash infusion
France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors after a record fundraising round and a tie-up with chipmaking equipment heavweight ASML.
Merz to open Munich motor show as engine row threatens to combust
German Chancellor Friedrich Merz will open the IAA motor show in Munich on Tuesday as debate rages over the EU's target to phase out combustion-engine vehicle sales within a decade.
Most Asian markets rise on US rate hopes, Tokyo hits record
Asian markets mostly rose Tuesday fuelled by optimism the Federal Reserve will slash interest rates this year, with gains led by a record high in Tokyo while gold also hit a fresh peak.
Trump admin launches immigration raids in Chicago
The Trump administration on Monday launched a new immigration enforcement operation in Chicago, saying the latest federal crackdown in a US city would target the "worst of the worst criminals."
Murdoch family settles dispute on control of media assets
Rupert Murdoch's children have reached a settlement in the legal dispute over control of the right-wing media mogul's companies, News Corp and Fox Corp announced Monday.
OpenAI backs AI-animated film for Cannes debut
ChatGPT-maker OpenAI is backing the production of a feature-length animated film created largely with artificial intelligence tools, aiming to prove the technology can revolutionize Hollywood filmmaking with faster timelines and lower costs.
Macron scrambles to find new French PM after Bayrou ousted
President Emmanuel Macron will accept the resignation of Prime Minister Francois Bayrou on Tuesday after his government was ejected in a confidence vote, with the French leader rushing to find a successor and stave off a new political crisis.
Ex-WhatsApp executive sues Meta over alleged security failures
The former top security executive at WhatsApp filed Monday a US federal lawsuit alleging that parent company Meta systematically violated cybersecurity regulations and retaliated against him for reporting the failures.
French PM ousted in parliament confidence vote
France's parliament on Monday ousted the government of Prime Minister Francois Bayrou after just nine months in office, leaving President Emmanuel Macron scrambling to find a successor and plunging the country into a new political crisis.
BRICS leaders denounce protectionism, tariff 'blackmail'
Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual meeting Monday held amid a damaging trade war with US President Donald Trump.
Germany's VW, China's BYD face off at Munich auto show
Europe's top car manufacturer Volkswagen presented a series of more affordable electric vehicles Monday as Chinese EV titan BYD said it would start producing a cut-price model on the continent.
French PM set to fall after warning on 'life-threatening' debt
French Prime Minister Francois Bayrou was set to fall in a confidence vote in parliament on Monday, warning in a final speech that the country was facing a "life-threatening" crisis over its debt.
UN nuclear watchdog says hopes for inspections deal with Iran soon
The head of the UN nuclear watchdog said Monday that he was hopeful of reaching a deal with Iran on a full resumption of inspections of its sites in the "next few days", warning that "not much" time was left.
VW unveils affordable EVs to take on Chinese rivals
Europe's top car manufacturer Volkswagen on Monday presented a series of more affordable electric vehicles to take on fast-growing Chinese rivals as Germany's troubled auto sector seeks to turn around its fortunes.
Hometown funeral for Italian fashion legend Giorgio Armani
The private funeral of fashion legend Giorgio Armani was set to take place Monday in a picturesque village near Piacenza, in the northern Italian region where the designer grew up.
Stocks rise tracking political upheaval, data
Global stock markets rose Monday as traders focused on political upheaval in France and Japan, in addition to mixed economic data.
Millions hit as London Underground train workers strike
Rush-hour commuters faced chaos Monday as staff on the London Underground train network staged a five-day strike, shutting stations and forcing people to work from home or use alternative modes of transport.
Germany's US exports hit four-year low as tariffs bite
German exports to the United States dropped in July to their lowest level since 2021, data showed Monday, as President Donald Trump's tariffs exact a heavy toll on Europe's biggest economy.
Ariana Grande wins top MTV Video Music Award
Ariana Grande won the MTV Video Music Awards' top honor on Sunday, taking home Video of the Year for "Brighter Days Ahead", which also claimed Best Pop Song at the ceremony near New York City.
Sweden's Sami fear for future amid rare earth mining plans
Sweden's indigenous Sami fear they will lose their livelihood and culture if plans go ahead to mine a large rare earths deposit located on their traditional reindeer grazing grounds in the far north.
Trump warns foreign companies after S.Korean workers detained
President Donald Trump on Sunday warned foreign companies to obey US law after immigration officials arrested some 475 individuals including South Korean workers at a Hyundai-LG battery plant being built in the southern state of Georgia.
Asian shares rise as Japan politics weigh on yen
Asian markets rose on Monday, with Tokyo up nearly two percent after Japanese Prime Minister Shigeru Ishiba's decision to resign pushed down the value of the yen.
ECB set to hold rates steady with eye on France crisis
The European Central bank is expected to hold interest rates steady again this week with inflation under control and US tariff tensions easing, even as France's political crisis presents a new headache.
Racing betting tax hike will bring 'communities to their knees': Gosden
British racing is holding a one-day strike next week for the first time in its history in a tax dispute with the government.
Why Neutrinovoltaics Qualify as a Trillion-Euro Jump
Most technologies walk. A few run. Only rarely does one leap. The wheel allowed humans to move loads once thought impossible. The printing press turned literacy into a mass phenomenon. The internet compressed the globe into a single, searchable network. ...