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Germany reviews warship order after delays
Germany reviews warship order after delays
by  AFP

Berlin said Friday it was reviewing a major warship order that has faced lengthy delays, as reports suggested a German group might take over the project from a Dutch shipbuilder. The contract for the six warships -- set to be the largest vessels in the German fleet -- was awarded years ago to Dutch group Damen Naval, and is reported to be worth over 10 billion euros ($12 billion).

Spain hosts record number of summer tourists
Spain hosts record number of summer tourists
by  AFP

Spain welcomed a record 22.3 million foreign tourists in the key summer holiday months of July and August as the sector heads for another year of unprecedented numbers, data showed on Thursday. The 22.3 million tourists hosted over the two months smashed the previous high mark of 21.8 million in 2024 -- a year that saw a record 94 million foreign visitors flock to Spain.

OpenAI valuation soars to $500 bn in private share sale: reports
OpenAI valuation soars to $500 bn in private share sale: reports
by  AFP

The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a limited number of shares, financial media reported Thursday. A gaggle of investors snapping up the shares included Japanese investment giant SoftBank, the Financial Times and Bloomberg reported, citing people familiar with the transaction.

Elon Musk halfway to becoming world's first trillionaire: report
Elon Musk halfway to becoming world's first trillionaire: report
by  AFP

Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes magazine reported Wednesday. The 54-year-old's net worth hit $500.1 billion Wednesday before dipping back to $499.1 billion, the publication's "Real-Time Billionaires" tracker reported.

Rising wildfires spur comeback for Canadian water bomber
Rising wildfires spur comeback for Canadian water bomber
by  AFP

The Canadair water bomber revolutionized the fight against wildfires after it debuted in the skies decades ago. - 'Tractor of the sky' - Pierre Boulanger, a Canadair pilot from Quebec who travels to California to fight wildfires every summer, celebrated the resumption of production, calling the model the most "efficient" tanker aircraft on the market.

G7 ministers to target those increasing Russia oil purchases
G7 ministers to target those increasing Russia oil purchases
by  AFP

G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, since Moscow's invasion of Ukraine more than three years ago. "We will target those who are continuing to increase their purchase of Russian oil since the invasion of Ukraine and those that are facilitating circumvention," the ministers said in a joint statement.