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Vessels in the Strait of Hormuz, as seen from Oman on August 3, 2026. REUTERS/Stringer
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Firefighters work on a burning area near Loumpa, as wildfires hit West Attica, Greece. REUTERS/Louisa Gouliamaki
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- For anyone in Europe who still thought climate change was a problem for future generations, this summer's sweltering heatwaves have brought home the reality that its
- J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800, citing prospects of solid corporate earnings and rising confidence that AI investments by large hyperscalers would drive faster revenue growth.
- Shein is sharply scaling back operations in Vietnam a year after leasing a huge logistics hub, sources say. The end of the US's de minimis loophole weakened Vietnam's role as an export base.
- Chinese robot maker Unitree has priced its Shanghai initial public offering at 150.8 yuan per share, with subscriptions to start on Monday, as it seeks to raise $904 million in a deal that would see it become the first mainland-listed humanoid robot manufacturer.
- A North Korean hacking group built large language model tools and collected software that could help automate cyberattacks, analyse stolen material and produce more convincing phishing campaigns, a South Korean cybersecurity firm said.
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A firefighter works at the site of a book warehouse hit by a Russian drone strike, amid Russia's attack on Ukraine. REUTERS/Volodymyr Pavlov
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A Russian drone strike on Ranok's warehouse in the northeastern city of Kharkiv on August 1 destroyed about 8 million books, the biggest blow yet to Ukraine's publishing industry during the four-year-old war.
Publishers say more than 10 million books have been destroyed in attacks on warehouses in recent months, threatening an industry that initially benefited from rising demand for Ukrainian-language literature at the start of the conflict.
"This was a deliberately planned attack against the book warehouse," said Viktor Kruhlov, director of Ranok, one of Ukraine's largest children's publishers, whose company prints around one-third of the textbooks used in Ukrainian schools.
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Researcher Aaron Carlisle grasps a white shark alongside a boat off the coast of Delaware, US. REUTERS/Andrea Leontiou
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From the killer shark of "Jaws" to the tornado-tossed predators of the "Sharknado" movies, films long have portrayed sharks as objects of summer fear. But when a shark cuts through the waters off the US East Coast, it now may be doing more than hunting. It may also be gathering data that helps scientists understand the potential intensity of a hurricane before it makes landfall.
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