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Business

Earnings preview: US big banks may see profit fall in second quarter

The US earnings season will kick off with big banks reporting their second-quarter performance on Friday. Analysts expect these banks' profits to be negatively impacted by rate cut expectations.

Business

'Eurostars': The rise of Europe's answer to the US 'Magnificent 7'

The 'Eurostars', including Novo Nordisk and ASML, have outperformed the US 'Magnificent 7' since 2020, showcasing diverse sector strengths and superior risk-adjusted returns, a recent research shows.

Culture news

Biden vs Trump: Which celebrities want Joe Biden replaced?

Celebrated US author Stephen King has joined other celebrities in criticising President Joe Biden ahead of the US presidential elections later this year. Who are the Hollywood figures calling for Biden to step down, and how much does their support matter?

Culture news

Fyre Fest scammer buddies up with Donald Trump for presidential race

Covicted fellon Billy McFarland, who gained notoriety as the scam artist behind Fyre Fest, is reportedly arranging meetings with rappers for former president and fellow convicted fellon Donald Trump. Here’s why.

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Markets

Ahead in the markets: European election effects and US inflation data

This week, investors will closely monitor the market reactions to the French election in Europe. Additionally, both China and the US are set to release their Consumer Price Index (CPI) data, providing insights into the inflation trajectory of the world's two largest economies.

Lifestyle

How do European countries celebrate US Independence Day?

Happy Fourth of July to Americans everywhere! If you happen to be in Europe, you might be wondering where and how you can celebrate.

Green News

Inside Biden’s plan to protect US workers from extreme heat

Very few US states have workplace standards for heat exposure currently in place.

Tech News

China leads global generative AI patent filings, report finds

A UN report has found that China filed six times more patent findings than the US.

Tech News

UN adopts Chinese resolution for equal AI opportunities

The United Nations General Assembly adopted a Chinese resolution with US support to close the widening AI gap between rich and poor countries

USA

Supreme Court rules Trump has some immunity, delays trial

The Supreme Court have ruled that Donald Trump has immunity for some of his actions in a case where he is charged with plotting to overturn his 2020 presidential election loss.

USA

Joe Biden defends stumbling CNN debate performance

Vice President Kamala Harris acknowledged that Biden had a "slow start," as several Democrats raised concerns over whether he was fit enough to beat Trump in the November elections.

Europe News

Putin calls for new production of intermediate-range missiles

At the UN Security Council on Friday, a representative from Conflict Armament Research said his organisation had detailed the components of missiles used against Ukraine and says the evidence shows they originated in North Korea.

Culture news

Marilyn Monroe's former home declared historic landmark

Marilyn Monroe’s Los Angeles home has been declared a historical cultural monument, making it safe from demolition.

Culture news

Are you ready for an AI-generated narration of the Paris Olympics?

NBC is giving the Paris Olympic Games an unlikely twist: an AI-generated voice.

Culture news

Matthew Perry: ‘Multiple people’ could be charged linked to death

An update has been given on the Friends star's death, with reports suggesting that the investigation is “nearing its conclusion” and that law enforcement officials believe “multiple people” could be charged.

Markets

Europe's GRANOLAS: How do they perform against the US's Magnificent 7?

GRANOLAS is an acronym coined by Goldman Sachs during the first European lockdown in 2020, representing the largest European companies by market cap at that time.

Culture news

SXSW drops US Army as sponsor for 2025 festival

South by Southwest - or SXSW - the annual US conglomeration of parallel film, interactive media, and music festivals has dropped its US Army sponsor following protests at this year's event.

Space

SpaceX launches final NASA weather satellite into orbit

The GOES-U satellite took off from the Kennedy Space Centre in Florida on Tuesday afternoon, although its launch was delayed by the threat of storms.

Culture news

Why are the world's biggest music labels suing AI song-generators?

The landmark case sees Sony Music Entertainment, Universal Music Group and Warner Records suing AI startups Suno and Udio over alleged copyright infringement. It comes months after more than 200 artists signed an open letter calling for the “predatory” use of AI in the music industry to be stopped.

Climate

Why climate engineering could stop working in a hotter world

Climate engineering manipulates the environment to try and avoid the worst consequences of climate change.