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Rescuers work at Ohmatdyt Children’s Hospital that was damaged during a Russian missile strikes. July 8, 2024. REUTERS/Gleb Garanich
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People walk around the Financial District near the New York Stock Exchange. December 29, 2023. REUTERS/Eduardo Munoz/File Photo
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- The US Federal Reserve is considering a rule change that could save the country’s eight largest banks combined billions of dollars in capital, in a potential long-sought win for the industry, according to four people with knowledge of the matter.
- With ETFs for ether set to hit the market soon, some market players are predicting that a price rally beyond its November 2021 all-time high of $4,867.60 could be on the cards. Sign up for the Econ World newsletter for the latest news and expert analysis about the state of the global economy.
- Stellantis said it would expand its line of affordable hybrid vehicles to 36 models in Europe by 2026, to meet growing demand for this engine type, an alternative to petrol-fuelled cars and electric vehicles.
- Shares in Novo Nordisk, maker of the wildly popular obesity drug Wegovy were down 1.1% after the publication of a data analysis showing rival Eli Lilly’s own treatment Mounjaro leads to faster and greater weight loss.
- German sportscar maker Porsche said that global vehicle deliveries were down 7% in the first half of the year compared to the same period in 2023, primarily driven by a 33% year-on-year drop in China.
- Purdue Pharma’s creditors sought permission from a US bankruptcy court to sue the company’s wealthy owners, arguing that the litigation can serve as both a negotiating tool and a fallback option as the OxyContin maker re-starts talks on a bankruptcy settlement.
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How Hezbollah aims to counter Israel’s high-tech surveillance
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Interceptions of rockets launched from Lebanon to Israel over the border close the Israeli border with Lebanon, on its Israel side. June 27, 2024. REUTERS/Ayal Margolin/File Photo
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Coded messages. Landline phones. Pagers. Following the killing of senior commanders in targeted Israeli airstrikes, the Iran-backed Lebanese militant group, Hezbollah, has been using low-tech strategies to try to evade its foe’s sophisticated surveillance technology, informed sources told Reuters.
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A bisexual-lesbian couple pose for their wedding photos at Onestyle’s studio, in Tokyo. REUTERS/Kim Kyung-Hoon
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Unable to get married legally in Japan, LGBTQ couples are celebrating their special bond by donning traditional kimonos and fashionable formal wear for elaborate “photo weddings”.
But these carefully choreographed images are often kept hidden in this conservative society where many LGBTQ people say they face prejudice and stigma, even from their own families.
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