Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes
A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, Mercedes-Benz said Wednesday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second quarter.
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Bayern Munich sign Luis Diaz from Liverpool
Bayern Munich on Wednesday completed the signing of forward Luis Diaz from Premier League champions Liverpool for a reported fee that could rise to 75 million euros ($86.5 million).
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Adidas reports hit from US tariffs
German sportswear giant Adidas said Wednesday it took a hit from US tariffs in the second quarter but did not indicate whether it would pass on rising costs to consumers.
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Italy opens probe into Meta over AI tool in WhatsApp
Italy said Wednesday it opened a probe into social media giant Meta for potentially breaking EU competition laws by installing its AI tool into WhatsApp.
Read moreHuge quake off Russia sparks Pacific tsunamis
One of the strongest earthquakes ever recorded struck Russia's sparsely populated Far East on Wednesday, causing tsunamis up to four metres (12 feet) across the Pacific and sparking evacuations from Hawaii to Japan.
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Russian TV shows buildings swept away as tsunami hits coast
Russian state television on Wednesday aired footage of a tsunami wave sweeping through a coastal town in the far east of the country, carrying buildings and debris into the sea.
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Japan sees new record high temperature of 41.2C
Japan sweltered in a new record temperature of 41.2C on Wednesday, with the mercury also hitting 40C in the ancient capital of Kyoto for the first time since observations began.
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Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday its second-quarter profit plunged nearly 70 percent due to US tariffs and weak sales in China, prompting it to lower its full-year revenue outlook.
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Climbers attempt rescue of German biathlete injured on Pakistan mountain
A team of foreign climbers were on Wednesday due to launch a rescue mission for German double biathlon champion Laura Dahlmeier, days after she was seriously injured by a rockfall on a Pakistani mountain.
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Life after cod: Latvia reinvents its coastal communities
Fishers do not usually wish for a "perfect storm". But Latvian boating communities are hoping for exactly that: a rare tempest that might, one day, revive waning stocks of Baltic cod.
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