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Harvest starts very early in Sicily's drought-hit vineyards
On the hills of the Contessa Entellina vineyard in western Sicily, the harvest is already well underway, the grapes ripening earlier than usual because of drought and high temperatures. Contessa Entellina's harvest will be smaller than last year, with smaller grapes.
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. "We are benefiting from the boom in artificial intelligence, and the accelerated energy transition," he told journalists after the results were released.
Jeweller's eye-popping watch is love letter to Albania
Albanian jeweller Pirro Ruco laboured day and night for five years to capture the essence of his country in a spectacular luxury watch. It was my new dream," he told AFP. For the next five years, Pirro said he focused on "doing something special, Albanian, and at the same time completely new and never before seen in the watch industry."
Paris 'flying taxi' test flights scrapped during Olympics
Test flights of so-called flying taxis -- futuristic drones capable of transporting people -- have been scrapped in Paris during the Olympics as the certification for the engine has not come through, its promoters told AFP Thursday. However test flights without passengers will be held in the aerodrome of the suburban town of Saint Cyr l'Ecole, west of Paris, on Thursday and Sunday, they said.
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. All three main indexes on Wall Street ended in the red, having given up big gains at the start of the day, with a poorly received US Treasury bond auction adding to the downbeat mood.
Buoyed by past success, new CEO Kelly Ortberg will try to turn Boeing around
Aviation experts and analysts have been full of praise for Kelly Ortberg, who returns from early retirement Thursday to take up the challenge of turning Boeing around after a series of quality and financial issues.
Warner Bros. Discovery stock plunges on $10 bn quarterly loss
Warner Bros. Warner Bros.
Family of France's 'Mr Titanic' sues OceanGate submersible operator
The family of French deep-sea explorer Paul-Henri Nargeolet has filed a $50 million lawsuit against the operator of the submersible that imploded during a dive to the Titanic last year, killing him and four other people. Tony Buzbee, one of the attorneys bringing the case, said the lawsuit, which was filed on Tuesday with a court in Seattle, "alleges serious issues with the Titan submersible."
AFP
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