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Tech firms take fresh hit as earnings misses fan AI fears

Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom.

Dodging fuel price hikes, Damascus drivers turn to electric cars

Taxi driver Mohammed Kanaan drives his shiny new electric car around Damascus's rundown streets, hoping for higher profits as spiking petrol prices made his old car too expensive to run.

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700 migrants cross Channel to Britain in small boats

Over 700 migrants in small boats crossed the Channel to Britain on Sunday, the highest number on a single day since Prime Minister Keir Starmer took power vowing to tackle people-smugglers.

Stocks mostly rise as focus turns to US inflation data

Asian markets mostly rose Monday as investors tried to move on from last week's upheaval fuelled by US recession worries, with focus shifting to the release of key inflation and retail data.

Faceless mannequins show off clothes in Afghanistan

In Afghanistan's capital, shop windows display dazzling ball gowns and three-piece wedding suits -- with the face of each mannequin covered.

'Deadpool & Wolverine' top in N.American theaters, pass $1 billion globally

Disney/Marvel superhero comedy "Deadpool & Wolverine" enjoyed an exceptional third weekend, taking in an estimated $54.2 million in North American theaters, but Sony's dramatic romance "It Ends With Us" was headed for one of the best openings ever for that genre, analysts said Sunday.

N.Ireland violence shocks Muslims and stokes fears over sectarian divides

A week of racism-fuelled disorder in Northern Ireland, sparked by disturbances in English towns and cities, is proving harder to end, with fears the UK region's sectarian divisions are feeding into the violence.

Former YouTube CEO Susan Wojcicki dies of cancer aged 56

Tech pioneer and former YouTube chief Susan Wojcicki, who played an instrumental role in the rise of Google, has died at the age of 56 after battling lung cancer, her husband announced Friday.

The Belarusian wheelchair barista 'making the world better'

With its sleek interior and freshly ground coffee, the cafe run by Belarusian exile Sasha Avdevich may at first glance seem like yet another trendy spot in Warsaw.

Meet the two Boeing mission astronauts stuck aboard the ISS

Two astronauts stranded in space may sound like the start to a big-screen science thriller, but the Boeing Starliner mission is no work of Hollywood fiction.

Flood of 'junk': How AI is changing scientific publishing

An infographic of a rat with a preposterously large penis. Another showing human legs with way too many bones. An introduction that starts: "Certainly, here is a possible introduction for your topic".

Algerian gender-row boxer Khelif storms to Olympic gold

Algerian boxer Imane Khelif defied a major gender controversy to win gold at the Paris Olympics on Friday in front of a pulsating Roland Garros crowd that roared her to victory.

Stocks mostly rise at end of turbulent week

Stocks wobbled in trading Friday but largely closed higher at the end of a roller-coaster week for markets, on worries the US economy could tip into recession.

OpenAI worries its AI voice may charm users

OpenAI says it is concerned that a realistic voice feature for its artificial intelligence might cause people to bond with the bot at the cost of human interactions.

Russian economic growth dips in second quarter as inflation rises

The pace of Russia's economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of "overheating".

Boxing to learn LA Olympics fate in first half of 2025: IOC chief Bach

International Olympic Committee president Thomas Bach said on Friday his organisation would decide in the first half of next year whether or not boxing will be allowed at the 2028 Los Angeles Games.

Stocks choppy at end of turbulent week

A stocks rebound ran out of gas on Friday, at the end of a roller-coaster week for markets on worries the US economy could tip into recession.

As police strike, Bangladesh students cop traffic duty

Bangladeshi students battled police for control of the streets and won, but if their country is to embark on a new journey, someone has to clear the road ahead.

China launches appeal at WTO over EU electric vehicle tariffs

Beijing said Friday it had filed an appeal with the World Trade Organization over the European Union's imposition of additional tariffs on imports of electric vehicles from China.

E-commerce tycoon Huang tops China's rich list

E-commerce tycoon Colin Huang has become China's richest man, an index showed Friday, capping an ascent for the former Google employee whose shopping site Temu has sucked in consumers with its low prices and all-powerful algorithms.

Indian FM on first visit to Maldives since troops sent packing

India's foreign minister Subrahmanyam Jaishankar leaves Friday on his first trip to the neighbouring Maldives since Male expelled dozens of Indian soldiers and shifted to become closer to China.

Asian stocks track Wall St rally as US jobs data ease recession fears

Asian stocks rallied Friday as investors breathed a sigh of relief after US jobs data soothed concerns that the world's top economy could tip into recession, bringing a painful week to a positive end.

US stocks bounce higher as jobs data reassures investors

US stocks snapped higher on Thursday as unemployment data eased recession concerns, while European and Asian equities struggled.

US orders FTX, Alameda to pay $12.7 bn to victims

Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.

Flying's never been safer, says MIT study

Flying can be a nerve-wracking experience for many people -- but a new study out Thursday finds commercial air travel keeps getting safer, with the risk of death halving every decade.

US stocks bounce higher as jobs data reassures

US stocks snapped higher on Thursday as unemployment data eased recession concerns, while European and Asian equities struggled.

Deliveroo shares surge on 'profit milestone'

Deliveroo shares surged more than ten percent Thursday after the international food delivery app struck its first six-month net profit, an achievement described as a "major milestone" by its boss.

Equity markets resume drops as volatility persists

European and Asian stock markets mostly fell Thursday, with analysts warning that this week's volatility has some time to run.

China's top chipmaker reports Q2 plunge in profits

Leading Chinese chipmaker SMIC announced Thursday a sharp year-on-year drop in profits during the second quarter, as a domestic price war and technological rivalry between Beijing and Washington show no signs of abating.

Siemens profits soar on software demand, AI 'boom'

German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids.

Paris 'flying taxi' flights scrapped during Olympics

Plans to lift an electric-powered "flying taxi" over Paris during the Olympics have been scrapped because certification for its engine has not come through, its promoters said on Thursday.

Equity markets mixed as nervous traders navigate volatility

Asian stocks were mixed Thursday after a sell-off on Wall Street, with analysts warning the volatility that has roiled markets this week still has some time to run as traders fret over the global economy.

How Bangladesh student protests brought in a new leader

A student-led uprising in Bangladesh against government hiring rules culminated this week in the prime minister fleeing, with Nobel peace prize winner Muhammad Yunus set to lead a caretaker government.

Stocks turn lower again as nervous traders navigate volatility

Asian stocks resumed their losses Thursday after a sell-off on Wall Street in a sign that the volatility that has roiled markets this week still has some time to run as traders fret over the global economy.

The Fort Worth Press - Economy (English)