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IN THE NEWS

Luxury giant LVMH enjoys 'excellent' first half

Luxury giant LVMH enjoys 'excellent' first half

LVMH, the world's top luxury group, said Tuesday it enjoyed an excellent first half with net profits soaring by 30 percent to 8.48 billion euros ($9.34 billion) thanks to strong growth in Asia and Europe.

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TotalEnergies drills first oil wells for huge Uganda project

TotalEnergies drills first oil wells for huge Uganda project

TotalEnergies announced Tuesday it had started drilling wells for oil in Uganda as part of a huge project condemned by environmental and rights groups.

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Bach says athletes will like Paris Olympic Village

Bach says athletes will like Paris Olympic Village

International Olympic Committee president Thomas Bach toured the under-construction Athletes' Village for the 2024 Paris Olympics on Tuesday and said the 10,500 competitors would be "very happy" there.

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Wiebes sprints to women's Tour de France third stage win

Wiebes sprints to women's Tour de France third stage win

Dutch rider Lorena Wiebes sprinted to victory in Tuesday's third stage of the women's Tour de France with Belgian teammate Lotte Kopecky holding onto the leader's yellow jersey.

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Lula to get hip surgery, admits pain makes him cranky

Lula to get hip surgery, admits pain makes him cranky

Brazil's President Luiz Inacio Lula da Silva, 77, said Tuesday he would undergo hip surgery to relieve pain that was putting him "in a bad mood."

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IMF raises 2023 economic outlook but warns of slowing global growth

IMF raises 2023 economic outlook but warns of slowing global growth

The International Monetary Fund has slightly upgraded its outlook for world growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.

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Firefighting plane pilots die in Greece crash as wildfires rage

Firefighting plane pilots die in Greece crash as wildfires rage

Two pilots died when their water-bombing plane crashed while battling a blaze on the Greek island of Evia on Tuesday, as wildfires flared across the Mediterranean.

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Stocks advance cautiously ahead of central bank rate moves

Stocks advance cautiously ahead of central bank rate moves

European and US stocks made cautious advances on Tuesday as investors awaited central bank rate decisions, while stimulus pledges by Chinese leaders dominated Asian trading.

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Uncertainty as internet reaches remote Amazon

Uncertainty as internet reaches remote Amazon

Covered in tattoos resembling jaguar spots, an Indigenous man connects to TikTok for the very first time from a previously off-the-grid village deep in the Amazon.

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Mbappe spectre looms over PSG draw with Ronaldo's Al Nassr

Mbappe spectre looms over PSG draw with Ronaldo's Al Nassr

The spectre of superstar striker Kylian Mbappe loomed over Paris Saint-Germain on Tuesday as they played out a 0-0 draw with Cristiano Ronaldo's Al Nassr in Osaka.

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