MADRID (AP) — While vacationers might enjoy the Mediterranean Sea’s summer warmth, climate scientists are warning of dire consequences for its marine life as it burns up in a series of severe heat waves. From Barcelona to Tel Aviv, scientists say they are witnessing exceptional temperature hikes ranging from 3 degrees Celsius (5.4 Fahrenheit) to…
SYDNEY (Reuters) – Australia’s highest court overturned on Wednesday a ruling that had found Google engaged in defamation by supplying a link to a contested newspaper article, throwing the spotlight again on how online libel cases are handled in the country. The seven-judge panel of the High Court of Australia voted 5-2 to throw out…
SHANGHAI (Reuters) – China’s EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, as the German automaker follows Tesla Inc in adopting the new technology. EVE has signed contracts to be BMW’s primary supplier of the battery cells in…
KYIV, Ukraine (AP) — It was early one morning when life under Russian occupation became too much for Volodymyr Zhdanov: Rocket fire aimed at Ukrainian forces struck near his home in the city of Kherson, terrifying one of his two children. His 8-year-old daughter “ran in panic to the basement. It was 2 o’clock in…
FRANKFURT (Reuters) – Germany’s Uniper, which secured a 15 billion euro bailout last month, unveiled a net loss of more than 12 billion euros ($12.2 billion) for the first half, partly blaming lower Russian gas supplies that forced it to buy at much higher prices elsewhere. Uniper, in which Finland’s Fortum owns 78%, said the…
DUBAI (Reuters) – The operator of Dubai International said on Wednesday over 14 million passengers had travelled through the airport in the second quarter, and raised its forecast for the year to 62.4 million passengers. That was the ninth consecutive quarter that saw greater passenger figures than the prior quarter as international travel demand ramps…
(Reuters) – Billionaire Elon Musk, the chief executive of electric automaker Tesla Inc and rocket company SpaceX, on Tuesday tweeted that he was buying soccer club Manchester United, without offering any details. Musk has a history of being unconventional, posting irreverent tweets, and it was not immediately clear whether he planned to pursue a Manchester…
By Sam Byford (Reuters) – Asian shares tracked solid Wall Street performance on Wednesday as strong overnight earnings for U.S. retail giants pointed to further scope for the Federal Reserve to tackle inflation with rate hikes. Japan’s Nikkei rose 0.81% to 29,101.33, breaking through the 29,000 barrier for the first time since Jan. 6. MSCI’s…
(Reuters) -Tesla Chief Executive Officer Elon Musk said on Tuesday he was buying football club Manchester United Plc. “I’m buying Manchester United ur welcome,” Musk said in a tweet. Musk has a history of making irreverent tweets, and it was not immediately clear whether he planned to pursue a deal. Manchester United, controlled by the…
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from Walmart and Home Depot bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq. The S&P 500 consumer discretionary and staples sectors gave the benchmark index its biggest…
