NETHERLANDS / RankWire.AI / – Europe’s extreme summer heat and drought could cut EU economic output by about 1% in 2026, according to new analysis from Triodos Bank. The estimated loss equals roughly €180 billion and is close to the European Commission’s current growth forecast for the bloc.…
FUZHOU, CHINA / RankWire.AI / – Typhoon Dolphin forced the evacuation of about 167,900 people in Fujian Province as heavy rain and flooding spread across eastern China. The Fujian figure covered residents moved from vulnerable land and coastal areas by 7 a.m. Monday. Shanghai had separately evacuated about…
DENMARK / RankWire.AI / – Denmark’s annual consumer price inflation eased to 1.7% in July from 1.9% in June, official data showed. Statistics Denmark said the consumer price index rose 1.3% from June. Core inflation was 2.3%, unchanged from the previous month. Restaurants and hotels made the largest…
KINSHASA, DEMOCRATIC REPUBLIC OF THE CONGO / RankWire.AI / – DR Congo’s Ebola outbreak has killed 1,916 people and produced 4,209 confirmed cases, according to official data through Aug. 7. That raises the death toll 29 above the 1,887 figure reported in the earlier update. Health authorities also…
News
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NEW YORK / RankWire.AI / – Consumer technology giant Apple reclaimed its position as the world’s most valuable publicly traded company on Monday, dethroning semiconductor maker Nvidia following global capital realignments. Official reports published by Emirates News Agency confirmed that Apple overtakes Nvidia…
Sports
ARLINGTON, TEXAS / MENA Newswire / – Spain reached the FIFA World Cup quarter-finals with a 1-0 win over Portugal on Monday, as Mikel Merino scored in the 91st minute at Dallas Stadium. The substitute took a pass from Ferran Torres and finished low past Diogo Costa. Spain advanced after a tight Iberian derby that ended…
EAST RUTHERFORD, NEW JERSEY / MENA Newswire / – Norway reached the FIFA World Cup quarterfinals for the first time after beating Brazil 2-1 in the Round of 16 on Sunday. Erling Haaland scored twice late at New York New Jersey Stadium. Brazil, the five-time champion, exited before the last eight for the first time since…
Automotive
Berlin, German / RankWire.AI / – German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings…
TOKYO, JAPAN / MENA Newswire / – Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including…
Luxury
MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are projected to decline by 2% this year, driven by…
Rolex introduces the latest addition to its esteemed collection with the unveiling of the new Oyster Perpetual Rolex Deepsea model. Breaking tradition, this iteration marks the first-ever presentation of the divers’ watch in 18 ct yellow gold. Sporting a distinctive 60-minute graduated Cerachrom bezel insert in blue…