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EU rallies dozens of nations to pledge US$1 billion for Gaza recovery fund
Few places in the Palestinian territory of over 2 million people have been left unscathed, and the United Nations, World Bank and EU estimate that reconstruction will cost US$70 billion.
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EU population to peak in 2029 before long-term decline
BRUSSELS: The population of the 27-nation European Union will peak in 2029 before falling in the coming decades, according to a report published on Tuesday (Jul 14) that puts a spotlight on the major challenges of an ageing citizenry.Today there are 450.6 million people, but researchers say this will peak at
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AI finance startup Flex doubles valuation to about $1.2 billion, source says
July 14 : Flex, an AI startup pitching itself as a one-stop shop for the banking needs of mid-sized business owners, said it raised $70 million in a round led by Halo Fund, a venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney.The company did not disclose its valuation on…
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UK approval for China’s mega embassy in London challenged in court by locals
Local residents argue that officials failed to take into account the risk that the new embassy could curtail protests or be used to monitor and intimidate Chinese dissidents.
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WHO says it has less than half funding needed to fight Ebola
“This outbreak requires resources that match the scale of the challenges that we are facing. And this is not a burden DRC can be allowed to carry alone,” said the head of the WHO’s Health Emergencies Programme.
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HSBC loses conviction in leading drugmaker, forecasts ‘tough path’ ahead
The bank’s analysts wrote in a note on Monday that they have downgraded the stock to ‘hold’, as the team “no longer finds the risk-reward balance attractive.”
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SpaceX shares are struggling. Evercore ISI still says it’s ‘too compelling to ignore’
SpaceX has a number of projects in its pipeline that have fueled the Street’s confidence in its stock, making it a buy, per Evercore ISI.
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Wildfire near Paris tears through Fontainebleau Forest
A massive wildfire is raging through the famous forest in France’s Île-de-France region, 70 kilometers from Paris. Heat and strong winds are fueling the blaze.
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Ukraine targets another 11 Russian ships in Sea of Azov
Ukraine said it struck tankers and cargo vessels in the Sea of Azov, in the latest strikes on Russian commercial shipping. Moscow’s Agriculture Ministry said “alternative shipping routes” are being sought.
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Watch: Fanfare and flyovers as France celebrates Bastille Day
Soldiers from the ‘Coalition of the Willing’ and Ukraine took centre stage in the parade through Paris.
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