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Smoke rises from the city’s outskirts during a Russian missile and drone strike in Kyiv, Ukraine August 26, 2024. REUTERS/Vladyslav Musiienko
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Russia and Ukraine at war
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- Israel issued new evacuation orders for Deir Al-Balah in the central Gaza Strip late, forcing more families to flee, saying forces intended to act against militant group Hamas and others operating in the area.
- Hezbollah launched hundreds of rockets and drones at Israel early on Sunday, as Israel’s military said it struck Lebanon with around 100 jets to thwart a larger attack, in one of the biggest clashes in more than 10 months of border warfare.
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- Separatist militants attacked police stations, railway lines, and vehicles on highways in Pakistan’s province of Balochistan, killing more than 50 people, officials said, in the most widespread assault by ethnic insurgents in years.
- German police said they were holding a 26-year-old Syrian man in custody after a knife attack in the city of Solingen in which three people were killed and eight injured. What is Islamic State, the group implicated in Germany stabbing?
- Italian prosecutors have placed Captain James Cutfield under investigation over the deaths of Mike Lynch and six others after the British tech tycoon’s superyacht sank off Sicily last week, a judicial source told Reuters.
- Pavel Durov, the Russian-born founder of Telegram who was arrested in Paris, has nothing to hide and it is absurd to hold an owner responsible for abuse of the messaging and social media platform, Telegram said in a statement. Here’s everything you need to know about Pavel Durov.
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- Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global policymakers at the US Federal Reserve’s annual Jackson Hole conference, highlighting the changing trajectory of monetary policy as US and European central banks eye cutting interest rates.
- The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if US industry gets its way, many of the planned duties would be softened.
- Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. But investors used to its blockbuster results will be expecting even more from the artificial intelligence chip giant.
- The US Federal Trade Commission will argue Kroger’s $25 billion merger with rival grocer Albertsons is bad for shoppers and workers when the agency’s lawsuit goes to trial in federal court in Portland, Oregon.
- Mark Schneider, Nestle’s recently ousted CEO, steered the world’s biggest food maker through the COVID-19 pandemic, grew margins despite a subsequent supply chain crunch, and pulled off a historic reorganization. What went wrong for him?
- Is your boss texting you on the weekend? Work email pinging long after you’ve left for home? Australian employees can now ignore those and other intrusions into home life thanks to a new “right to disconnect” law.
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Harris puts housing at center of economic pitch to US voters
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Kamala Harris plans to spur new construction, largely through tax incentives. REUTERS/Mike Blake/File Photo
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Democratic presidential nominee Kamala Harris is promising to build more housing as the centerpiece of an effort to tackle rising costs that have stressed US households and left home ownership beyond the reach of many Americans.
While Harris has deliberately steered clear of some policy specifics in her month-old presidential bid, she has laid out detailed plans to spur new construction and reduce costs for renters and homebuyers.
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A humanoid robot developed by Ex-Robots winks at the World Robot Conference in Beijing, China. August 21, 2024. REUTERS/Florence Lo
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As China seeks to race ahead in humanoid robot development, its supply chains showcased cheaper and innovative parts at the world robot conference in Beijing, but some executives warn the industry has yet to improve product reliability.
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