List of All Articles with Tag 'world'

Demand for private credit rebounded globally in the second quarter, with 34 new funds raising $71.2 billion, more

Asian equity futures were mixed after the Federal Reserve hiked interest rates to a 22-year high and indicated

United Overseas Bank Ltd. second-quarter profit beat estimates, buoyed by rising lending income. Net income, excluding one-off expenses,

Mexico will refinance Petroleos Mexicanos’s debt since it’s cheaper than if the state oil giant goes to the

Previewing the three Women's World Cup games on Thursday - including how to watch.

Meta Platforms Inc. plans to make money from the major cloud-computing companies when they resell its artificial intelligence

More than 40 people have died in wildfires that have engulfed swaths of land in nine Mediterranean countries, destroying homes, livelihoods and forests. Thousands of firefighters worked to contain the blazes as searing temperatures scorched parts of Greece, Italy, Spain, Gran Canaria, Portugal, Turkey, Croatia and France, as well as Algeria and Tunisia. Authorities ordered the fresh evacuations of several communities in central Greece on Wednesday as they battled new fronts in the fires that have been spreading for 10 days. High winds hampered firefighting efforts, and combined with the heatwave, they created a “perfect storm” that allowed flames to spread. Sixty-one wildfires erupted across Greece in just 24 hours, the fire brigade said, with the worst outbreaks near the central town of Velestino, where officials ordered precautionary evacuations. Follow our live coverage of the wildfires and heatwave here But as Athens recorded 40C and northern Turkey 43C, there were hopes the mercury may now have peaked. The entire island of Rhodes, where more than 20,000 holidaymakers and locals were forced to flee at the weekend, was put into a state of emergency. At least seven people have been killed in Italy, which suffered extreme heat in the south and violent storms in the north, and in Algeria, 34 people including 10 soldiers have been killed by flames or smoke in recent days. Those fires also spread to forests in Tunisia, where some cities recorded 49C this week. On the island of Sicily, two elderly people were found dead in a home consumed by flames near Palermo airport, which had been closed temporarily because of encroaching flames, according to news reports. Another woman died after fires prevented an ambulance from reaching her home. Homes and hotels were also evacuated in the Italian regions of Sicily, Sardinia and Calabria. It comes after two Greek pilots were killed in a crash during a low-altitude water drop on Tuesday. The wildfires have released record greenhouse gas emissions this month, the European Union’s Copernicus Atmosphere Monitoring Service (Cams) said. The megaton of carbon was nearly double the previous record, set in 2007. Fire crews have been battling more than 500 fires for almost two weeks. Several people have been arrested or fined for accidentally starting fires, but scientists and EU officials say the increasing frequency and intensity of wildfires is down to the climate crisis. Without human-induced climate change, wildfires would have been extremely rare, according to World Weather Attribution, a global team of scientists. On Rhodes, a nature reserve was damaged, and fires also burned in Vati and Gennadi. “The fires have started again,” a fire official told The Independent. “A little wind and the fire returns … that’s the problem.” Dozens of firefighters were trying to tame a firefront in the south. Greece’s civil protection agency extended its state of emergency to the whole of Rhodes for six months “to deal with emergencies and manage the consequences of catastrophic forestry fire”, minister Vasilis Papageorgiou said. In the sleepy town of Malonas, volunteers ventured out again to try to keep the fires at bay – having fought back the flames as they approached the night before. “We have no energy, we have no power – not enough to stop this ... We are waiting for the wind to calm down to try again tonight to finish the job, but it is very difficult because after 10 days everyone is very tired,” said a volunteer named Panos. However, a “level 5” alert on Crete on Tuesday was dropped to level 4 on Wednesday, and one fire official said the wildfires that had raged across Greece for more than a week abated on Wednesday. The Greek government tried to contain damage to the reputation of its tourism industry. Tourism minister Olga Kefalogianni stressed that wildfires had affected only a small part of the island. A fire brigade spokesperson, Ioannis Artopoios, said tackling the fires was a significant financial burden for Greece, with firefighting on Rhodes alone costing about €7.5m (£6.4m) so far. In Italy, the government was meeting to declare a state of emergency in regions worst hit and introduce a furlough scheme for workers most exposed to the heatwave. The country’s firefighters said they had battled nearly 1,400 fires between Sunday and Tuesday, including 650 in Sicily and 390 in Calabria, where a bedridden 98-year-old man was killed as flames consumed his home. Planes were also trying to douse the flames on the hills around Palermo on Wednesday. In Croatia, water-dropping planes and more than 100 firefighters held back a blaze before it reached houses in the walled town of Dubrovnik. In Portugal, more than 500 firefighters tackled a blaze near Lisbon. Around 90 people were forced to leave their homes, along with 800 animals taken from farms under threat. Read More Where are the wildfires? The nine affected countries mapped Greece wildfires: What is the Fire Weather Index and which areas could face wildfires in the future?

ServiceNow Inc. raised its annual subscription sales forecast, signaling a strong pipeline for automation software and betting the

MaxLinear Inc., a maker of chips for broadband communications, said it terminated its attempt to acquire Silicon Motion

EBay Inc. dropped after projecting earnings in the current quarter that narrowly missed analysts’ estimates, suggesting the e-commerce

An ad launched by Progress Action Fund launched, showing an elderly Republican congressman interrupting a couple in the bedroom, has now been banned on X, formerly known as Twitter. According to the Progress Action Fund, which aims to defeat Republicans in red states, the platform “has censored” its account as well as the ad, called “Keep Republicans Out Of Your Bedroom.” In addition, the platform has “placed a ‘Search Ban’ and a ‘Search Suggestion Ban’ on the account.” As of Wednesday afternoon, the account did not show up on the social media platform, yet the ad could still be seen on X through retweets from other accounts. The Progress Action Fund said it contacted the platform’s legal department and “appealed the decision, which was denied.” Joe Jacobson, Founder and Executive Director of Progress Action Fund, took a stab at X’s owner: “Elon Musk loves free speech, but only when it’s convenient for him and his far-right political agenda.” “Political speech is protected under law and Musk’s competitors clearly agree that our ad should not be censored,” he continued. “When releasing ads in the future, we’ll be taking them to other platforms, which many others are already doing given Elon Musk’s frantic and poor leadership at Twitter.” The Independent has reached out to X for comment. The ad features a scene in which a woman asks a man if he has a condom. He reaches for the condom in a bedside table drawer, and another suit-covered arm appears, reaching for it as well. “Sorry, you can’t use those,” says an older man, clad in a black suit and red tie, while standing beside the bed. When the woman asks who he is, he replies: “I’m your Republican congressman. Now that we’re in charge, we’re banning birth control.” The ad urges voters to “vote no” on 8 August, in reference to State Issue 1, which would require proposed amendments to Ohio’s constitution “receive the approval of at least 60 per cent of eligible voters voting on the proposed amendment,” rather than a simple majority. Since acquiring Twitter, Mr Musk, a self declared “free speech absolutist”, has touted free speech as a pillar of the platform. As part of this shift during the takeover, he reinstated Donald Trump’s account after a two-year ban, which was “due to the risk of further incitement of violence” after the January 6 Capitol riot. He also reinstated at least 11 accounts belonging to prominent far-right and anti-trans influencers. On 23 November, the platform announced it “is no longer enforcing the Covid-19 misleading information policy.” As recently as April, the platform claimed to strive to “promote and protect the public conversation. We believe Twitter users have the right to express their opinions and ideas without fear of censorship.” In May, he wrote: “I am adamant about defending free speech, even if it means losing money.” Read More Democratic PAC unveils ‘steamy and horrifying’ ad with GOP lawmaker interrupting couple in bedroom Elon Musk slammed for pushing anti-vax conspiracy in response to LeBron James’ son Bronny suffering cardiac arrest Elon Musk takes control of @X account from user who had held it for 16 years Elon Musk slammed for anti-vax rant in response to LeBron James’ son’s cardiac arrest Fox News promotes conspiracy theory linking Bronny James collapse to Covid vaccine Anti-vaxxers claim Bronny James’s cardiac arrest is suspicious. Here’s why it isn’t

Meta Platforms Inc. shares surged after the company forecast revenue that beat analysts’ estimates, showing that the social