Italy warns ‘peak of the heat is coming,’ issues red alert for 16 cities as temperatures soar
Italy’s cities of Rome, Florence and Bologna are among some of the areas affected by an intense and prolonged heatwave.
Cluster bombs could turn the war in Ukraine’s favor — but Russia says it’s ready to use them too
Russian President Vladimir Putin warned Moscow has a “sufficient reserve” of cluster munitions and reserves the right to use the weapons in tit-for-tat actions.
Russia axes landmark Ukraine grain deal just hours before deadline
A pact facilitating the export of key Ukrainian grains to the global markets was set to expire on Monday.
Two Singapore lawmakers resign after admitting to ‘inappropriate relationship’
Two lawmakers from the ruling PAP resigned Monday after admitting to an “inappropriate relationship” with each other.
China property investment slide deepens in June as structural shift inflicts pain
The National Bureau of Statistics says the property sector is shifting from high-speed development to stable development in the medium to long term.
CNBC Daily Open: For banks, big profits don’t mean stock gains
Despite big banks posting solid earnings for their second quarter, they didn’t reap rewards in stock markets Friday.
Wagner’s failed rebellion could hit the Kremlin’s ambitions for a ‘pro-Russian state’ in Africa
Since the Wagner Group’s aborted rebellion against the Russian military late last month, a cloud of uncertainty has hovered over the mercenary force’s operations around the world.
A.I. is a $1 trillion investment opportunity but will be ‘biggest bubble of all time,’ CEO predicts
Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of AI: “I think this will be the biggest bubble of all time.”
Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight
Ripple is confident U.S. banks will want to use XRP for cross-border transactions after a judge gave it a partial victory over the SEC.
U.S. and China envoys seek to revive climate diplomacy
Kerry’s third visit to China as U.S. climate envoy marks the formal resumption in top-level climate diplomacy between the two countries.
