Magnificent 7’ Lead Tech Sector with Soaring Q2 Earnings
The world’s seven largest technology companies – Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia and Tesla – collectively reported a net profit...
European automotive manufacturers expressed deep concern over new U.S. tariffs on foreign-made vehicles, calling it a critical moment for the industry amid rising global competition.
U.S. President Donald Trump signed an executive order imposing a 25% tariff on imported cars and light trucks. The Automobile Manufacturers’ Association (ACEA) warned the move could harm both global automakers and US domestic manufacturing.
ACEA Director General Sigrid de Vries emphasized that European automakers have long invested in the US, creating jobs and boosting local economies. She urged Trump to reconsider, highlighting that tariffs will not only raise costs for American consumers but also impact auto parts, hurting U.S.-based production for exports.
With 50–60% of European-made vehicles in the U.S. exported, ACEA stressed the industry's positive trade balance contribution and called for urgent EU-US dialogue to prevent a trade war.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
China’s largest city and global financial hub, Shanghai, has set a new heat record, state media reported on Saturday. Temperatures in the city exceeded 35°C (95°F) for 25 consecutive days, breaking the previous record set in 1926.
Indian Prime Minister Narendra Modi arrived in Japan on Thursday to meet his Japanese counterpart, Shigeru Ishiba, with trade and security high on the agenda.
Spain has condemned the U.S. decision to revoke visas for Palestinian President Mahmoud Abbas and 80 other officials, calling it “unacceptable” and urging the European Union to take a leading role in defending Palestinian representation at the UN.
Chinese President Xi Jinping is holding a series of high-level meetings with world leaders in Tianjin today, ahead of the Shanghai Cooperation Organisation Summit.
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