BUSINESS

Industrial production growth weakened in July

China's Underwhelming Data Dampens Hope Of Economic Recovery

Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world's second-largest economy despite recent government measures to try to stimulate expansion.

Japan Set To Lift 'Megaquake' Warning

The megaquake warning led some Japanese stores to put up signs rationing the supply of essential goods after a spate of panic buying
Japan was set on Thursday to lift a week-old warning that a "megaquake" potentially causing colossal damage and loss of life could strike, the government said.

Asian Stocks Follow Wall Street Climb

Consumer spending in China rose in July but was outpaced by manufacturing
Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan outpaced expectations.
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World Health Organization chief Tedros Adhanom Ghebreyesus, seen in April 2023, said the growing mpox outbreak 'should concern us all'

WHO Declares Mpox A Global Health Emergency

The World Health Organization on Wednesday declared the mpox surge in Africa was now a global public health emergency, sounding its highest possible alarm over the worsening situation.
Google has been racing against Microsoft, OpenAI and others to lead in AI

Google Launches New Pixel 9 Phones As AI Race Heats Up

Google on Tuesday unveiled new Pixel 9 smartphones, its latest salvo in the scramble by Big Tech to corner the market on nascent artificial intelligence. The Silicon Valley search giant has been racing against Microsoft, OpenAI and others to lead in AI since the 2022 release of ChatGPT ignited intense interest in the technology.
The F-15 aircraft, which will begin to be delivered in 2029, will upgrade Israel's current fleet

US Approves $20 Billion Weapons Package For Israel

US President Joe Biden's administration on Tuesday approved more than $20 billion in new weapons sales to Israel, brushing aside pressure from rights activists to stop arms deliveries over the death toll in Gaza.
At least 10,000 hectares (24,700 acres) have been devastated by the fire

EU Firefighters To Join As Greece Battles Blaze

Greece battled a massive wildfire near Athens for a third day on Tuesday, with hundreds of European firefighters due to join the effort to contain the deadly blaze that has scorched parts of the capital's suburbs.

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