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Amazon Web Services is nearing 20 percent of the giant's total revenue and bringing in about two-thirds of total profit

Amazon Counts On 'Grit And Innovation' To Meet AI Surge

The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT. To satisfy their generative AI urge, firms need to secure state-of-the-art software and ramp up computing power, which quickly brings them knocking on the doors of the globe's cloud computing giants, of which Amazon's AWS is the biggest.
US President Joe Biden and Senator Bernie Sanders accused pharma firms Novo Nordisk and Eli Lilly of "price gouging"

Biden Calls For Lower Prices Of Ozempic, Similar Drugs

US President Joe Biden on Tuesday called on pharmaceutical giants Novo Nordisk and Eli Lilly to lower prices for diabetes and weight loss drugs such as Ozempic, saying firms must stop "ripping off the American people."
Dick Schoof takes over from Mark Rutte after 14 years

New Dutch PM Sworn In With Mission To Curb Asylum

Dutch King Willem-Alexander swore in former spy chief Dick Schoof as new prime minister Tuesday, at the head of a right-wing coalition cabinet with a mission to implement the country's "strictest-ever" immigration policy.
Economists surveyed by FactSet and Bloomberg had forecast that inflation would slow to 2.5 percent

Eurozone Inflation Eases Slightly In June

The eurozone's annual rate of inflation cooled in June in line with analysts' expectations thanks to a slowdown in food and energy price rises, official data showed on Tuesday.
Ariane 6 crosses the Atlantic in a boat from Europe to French Guiana

Europe's Ariane 6 Rocket Finally Ready For Liftoff

Europe's new Ariane 6 rocket is set for its first-ever launch next week, carrying with it the continent's hopes of regaining independent access to space and fending off soaring competition from Elon Musk's SpaceX. After four years of delays, the European Space Agency's (ESA) most powerful rocket yet is finally due to blast off from Europe's spaceport in Kourou, French Guiana, at 3:00 pm (1800 GMT) on July 9.
CCAT spokesman Christian Tein said he was a 'political prisoner'

New Caledonia Activist Says He Is 'Political Prisoner' In France

An indigenous Kanak pro-independence activist from the French Pacific territory of New Caledonia said Monday that he considered himself a "political prisoner" as authorities held him in jail in mainland France pending charges over a wave of deadly rioting.

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