Greece wildfire

Greece battles ‘Europe’s worst-ever wildfire’

The wildfire currently spans over 810 square kilometers, and has burnt down an area larger than the New York City

digital tax

Meta, Google face digital tax in New Zealand beginning in 2025

The proposed tax would be payable by multinational businesses that make over $810m a year from global digital services

GLobal goods trade barometer results q2 2023 Getty images

Global goods trade rises, backed by strong auto demand: WTO

Global import demand remained weak during Q2 2023, weighed down by sluggish economic growth in leading economies including the European Union and China

Idalia

Florida faces major hurricane threat as Idalia strengthens

Depending on its landfall and route, Idalia at hurricane strength could cause up to $10bn in damage and losses

US Fed

US Fed chair Jerome Powell hints at further interest rate hikes

The key takeaway from Powell’s speech is monetary policy will stay “restrictive” until inflation is moving firmly toward 2 per cent

Brookfield Solano County California

A new, green California city in Solano County: $800m land acquisition raises questions

Flannery Associates have disclosed it has been buying rangeland properties in Solano County since 2018, cumulatively spending more than $800m

SpaceX

SpaceX launches Crew-7 to ISS, Sultan AlNeyadi scheduled to come back to Earth soon

SpaceX’s Crew-6 who have been living on the ISS since March, will spend the next week welcoming the Crew-7 astronauts before returning to Earth

hurricane season upon us

Fires, hurricanes, dangerous heat: The US is reeling from a string of disasters

Two tropical storms and one post-tropical cyclone are currently churning across the Atlantic Ocean in an intense start to the most active part of hurricane season

Bob Barker dies

Bob Barker, courtly host of ‘The Price Is Right,’ dies at 99

Barker holds the record for hosting the longest-running game show in US television history

Trump mugshot

Donald Trump’s mugshot released after arrest in Georgia’s Fulton County

Trump has been assigned as ‘Inmate No. PO1135809’ at the county facility

China bans seafood from Japan

China bans seafood from Japan, restaurants brace for cost jump

Beijing curbs food imports from multiple prefectures in Japan as Tokyo begins to release wastewater from Fukushima into the Pacific

Donald Trump

Donald Trump to surrender in Fulton County over Georgia election subversion charges

The former president’s surrender at the facility follows in the footsteps of his 18 co-defendants who have already turned themselves in

Moon south pole

Pragyaan Rover rolls out of Lander Vikram: First images from Moon’s south pole

Operating under frigid temperatures, the mission will now grapple with unknown conditions and strange lunar topography

Republican Party debate

Republican Party’s first 2024 GOP Presidential Debate; will Trump be there: Watch live stream

The debate features a notable lineup of candidates, however former US President Donald Trump is likely to give it a miss

Chandrayaan-3

Chandrayaan-3 successfully lands on the Moon: India makes history

India becomes the first country to reach the Moon’s south pole and only the fourth country ever to land on the lunar surface

Heathrow airport trials low-carbon concrete -Image Heathrow Airport Limited

Heathrow is one of world’s first airports to trial use of lower-carbon concrete

As part of Heathrow’s holistic sustainability strategy – Heathrow 2.0 – the airport is committed to reducing on the ground emissions as well as those in the air

Fukushima Daiichi nuclear plant

The science behind Japan’s plan to empty Fukushima’s nuclear wastewater into Pacific

Japan’s Prime Minister Fumio Kishida confirmed the process will start on August 24 after a meeting of a cabinet panel

Mukesh Ambani Jio Financial Services

Mukesh Ambani’s Jio Financial makes disappointing debut on BSE, NSE

Jio Financial plans to digitally deliver a range of products in the non-banking financial consumer market in India

Hurricane Hilary

California hit by severe flooding from Hurricane Hilary

Hurricane Hilary, a rare storm to hit the US West, will likely bring a year’s worth of rain across the region

2023 FIFA Women's World Cup champions Spain

Spain wins 2023 FIFA Women’s World Cup after defeating England in Sydney

The Spanish team, known as La Roja, downed England 1-0 in front of a sellout 75,784 crowd at Stadium Australia

Canada's Record Wildfire Season Set to Worsen as Heat Builds

Raging wildfires trigger mass evacuation in Canada’s Northwest Territories

Canada is experiencing the worst wildfire season on record with more than 1,000 active fires burning across the country

China Evergrande Group files bankruptcy

China Evergrande files Chapter 15 bankruptcy in New York

The Chinese builder has been working for months to finalise an offshore debt restructuring plan

household wealth drops

Global household wealth drops for first time since 2008 financial crisis

The bulk of the decline was felt in North American and European households which lost a combined $10.9tn

Donald Trump indicted over attempt to overturn Georgia 2020 Presidential election results

Donald Trump indicted over attempts to overturn Georgia’s 2020 Presidential Vote

This is the fourth criminal case against the former president as he campaigns for the White House

India school GCC

India supports community initiatives for new schools in GCC

Within the GCC, the largest number of Indian schools are in the UAE

India marks its 77th independence day

India at 77: A rising economic force

With 6-6.5 per cent GDP growth expected in 2023-24, India is set to enter the league of three largest economies before 2030

Pakistan Independence Day

UAE leaders congratulate President of Pakistan on Independence Day

The country is celebrating its 77th Independence Day on August 14, 2023

Musk and Zuckerberg cage fight

Zuckerberg says ‘time to move on’ from Musk cage fight challenge

The face-off between Musk and Zuckerberg intensified after the initial success of Meta’s Threads social media platform

Hawaii wildfire burns down town of Lahaina

Hawaii wildfire death toll rises to 93 as experts look into cause of ignition

The blaze that burnt down the town of Lahaina, damaged 2,207 structures with an estimated capital cost of $5.5bn

Insights: Economic growth requires reforms in higher education

The online higher education is growing and is estimated to touch $5bn by 2025