Renault profits slump as competition intensifies
French automaker Renault said Thursday that the tough retail and commercial van market in Europe had squeezed profits although it was able to maintain profitability better than most rivals.
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Beijing officials admit 'gaps' in readiness after rains kill dozens
Beijing city officials admitted on Thursday they had not been prepared for heavy rains that soaked swathes of the capital, killing 44 people and leaving nine still missing.
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Macau ex-lawmaker arrested in city's first national security law action
A former Macau pro-democracy lawmaker became the first person to be arrested under the city's national security law, with authorities alleging on Thursday that he had ties to foreign groups endangering China.
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Beijing officials admit 'gaps' in readiness after rain kill dozens
Beijing city officials admitted on Thursday they had not been prepared for heavy rains that soaked swathes of the capital, killing 44 people and leaving nine still missing.
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Japan lifts tsunami advisory after Russia quake
Japan's weather office on Thursday lifted a tsunami advisory imposed a day earlier after Russia's Far East was rocked by one of the strongest earthquakes on record.
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Shell net profit retreats on lower energy prices
British energy giant Shell on Thursday said its net profit slid 23 percent in the first six months of the year, hit by lower oil and gas prices.
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Unilever profit slides ahead of ice cream demerger
British consumer goods giant Unilever on Thursday said net profit fell five percent in the first six months of the year, as it prepares to demerge its ice cream business.
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Trump announces new tariffs as deadline nears
US President Donald Trump imposed new tariffs to punish or favor major trading partners Wednesday, as governments raced to strike deals with Washington less than 24 hours before an August 1 deadline.
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US tariffs corrode steelmaker ArcelorMittal's profitability
The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items but US tariffs began to eat into its margin.
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Lions have 'massive responsibility' to finish job against Wallabies
British and Irish Lions coach Andy Farrell warned Thursday there will be no let-up against the Wallabies in the third Test, with a rare series whitewash a big incentive to finish the job.
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