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Most stock markets gain, while oil prices edge up after latest plunge

Stocks mostly rose Tuesday after last week's tech-led rollercoaster ride as investors tracked a record day on Wall Street, while oil prices edged up after their recent plunge with Donald Trump and Iran giving conflicting views on peace talks.

Weak yen helps auto giant Toyota raise forecasts

Japanese car giant Toyota on Tuesday raised its profit forecasts as the weak yen helped it compensate for the Middle East war and Chinese competition.

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More than skin deep: Dutch abuse victims erase forced tattoos

Dutchwoman Joke winces as lasers crackle over her skin, removing one of the 250 tattoos her abusive partner scrawled all over her body and face, anywhere he believed another man had touched her.

AI cameras spot suicide attempts in South Korea's capital

When AI-powered cameras on bridges over Seoul's Han River raise the alarm that someone may be about to jump, acting quickly is vital.

US singer D4vd to stand trial in killing of teenage girl

American singer D4vd will stand trial on charges of killing and dismembering a 14-year-old girl who prosecutors say threatened to reveal their illegal sexual relationship, a judge ordered Monday.

IMF boss hails 'much sounder' Argentine economy under Milei

International Monetary Fund director Kristalina Georgieva on Monday hailed Argentina's improved economic standing since ultraliberal President Javier Milei took power in 2023.

Spain wildfire burns campsite to ash, leaving tears and despair

Magaly Vargas sobbed as she stared down at the square of grey ash where her caravan once stood.

Renault to face criminal trial in France over dieselgate

Renault will face a criminal trial in France on aggravated fraud charges over accusations that devices in its diesel cars were designed to cheat clean air laws, the public prosecutor's office told AFP.

LVMH says growth accelerates in second quarter

LVMH, the world's top luxury group, said Monday that sales growth accelerated in the second quarter as it beat analyst expectations with stable net profit in the first half of the year.

German govt vows to toughen laws after jihadist attack on Pride event

The German government on Monday pledged tougher security laws following a deadly vehicle and machete attack blamed on a known jihadist militant near Berlin's Pride parade.

UK funeral director faces jail over bodies left 'on racks'

A British funeral director faced prison Monday over a scandal that saw bodies left "stored on racks" and uncremated while relatives were handed other people's ashes, sparking calls for better regulation of the industry.

German authorities criticised after Pride attack

German authorities came in for criticism Monday for failing to prevent a deadly vehicle and machete attack on the weekend near Berlin's Pride parade, with the far-right AfD also demanding tougher action against Islamists.

German sports carmaker Porsche to cut 5,000 jobs by 2035

German luxury sports carmaker Porsche, a subsidiary of the Volkswagen Group, said Monday it would cut 5,000 jobs by 2035 as part of a strategic realignment to boost competitiveness.

Spain races to contain blazes before new heatwave

Spain has two crucial days in front of it to bring wildfires under control before weather conditions worsen, authorities said Monday, as Prime Minister Pedro Sanchez called on citizens to "exercise extreme caution" ahead of a new heatwave.

Oil prices slump as US and Iran pause strikes

Global stock markets rallied and oil prices tumbled Monday as the United States and Iran paused tit-for-tat strikes, at the start of a week packed with corporate earnings and central bank decisions.

Zelensky in UK for first meeting with Burnham

Ukrainian President Volodymyr Zelensky arrived in Britain on Monday to meet Prime Minister Andy Burnham, who used his first bilateral with a foreign leader to underline London's "unwavering support" for Kyiv.

AstraZeneca profit rises on strong cancer drug sales

British pharmaceutical giant AstraZeneca on Monday said net profit rose in the second quarter, driven once again by strong growth in sales of its cancer drugs.

Oil prices sink as US and Iran pause strikes

Global stock markets rallied and oil prices tumbled Monday as the United States and Iran paused tit-for-tat strikes, at the start of a week packed with corporate earnings and central bank decisions.

Philippines' Marcos says 'perhaps time to revisit nuclear energy'

Philippine President Ferdinand Marcos, who declared a national energy emergency this year, said Monday that nuclear power might hold answers for a country paying the highest electricity prices in the region.

France forest fire wanes ahead of new heatwave

Firefighters and water-bombing aircraft battled Monday to contain a wildfire in southwest France before a new spike in temperatures, with slightly less active fire fronts than the previous day.

Far-right Australian politician loses appeal in racism case

A popular far-right Australian politician failed on Monday to overturn a racial vilification finding that was handed down after she told a Muslim senator to go back to Pakistan.

Indonesia bank chief quits, adding uncertainty to struggling economy

Indonesia's central bank governor has resigned early, the government said Monday, deepening uncertainty as the country grapples with a weakening currency and other economic woes brought on by the Middle East war.

Vita Hydrokultur Opens £1.5m Series A Round to Scale Plant-Grown Skincare Ingredients

Vita Hydrokultur Group Ltd (VHK), the biotechnology manufacturing platform that develops and manufactures high-value, plant-derived bioactive proteins and botanical active ingredients, has announced the opening of a £1.5m Series A funding round to accelerate commercial scale-up and bring its plant-expressed ingredients to the global beauty and wellness industry.

Chinese chipmaker CXMT soars 500% on debut as AI fuels shortages

China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring more than 500 percent on its market debut Monday, underscoring how AI demand is boosting the semiconductor sector.

Chinese chipmaker CXMT soars more than 500% on debut

China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday, underscoring the impact of AI-driven demand on the semiconductor sector.

Oil prices sink as US-Iran pause fuels fresh Hormuz hopes

Oil prices tumbled Monday as a pause in tit-for-tat strikes between the US and Iran boosted hopes for a return to their ceasefire and negotiations on reopening the Strait of Hormuz.

Indonesia central bank chief steps down early: govt

Indonesia's central bank governor has resigned early as the country battles a weakening currency and other economic woes sparked by the Middle East war, the government said Monday.

New AI tools let readers talk to books

Imagine a world where you could ask a book a question as you read it.

Berlin mourns deadly Islamist Pride attack as police hunt for suspect

Germans on Sunday mourned a deadly Islamist attack near Berlin Pride, while police were hunting for a 21-year-old suspect in the latest ramming assault to shake Germany.

Urgent search for suspect after deadly 'Islamist terror' attack near Berlin Pride

German police on Sunday were hunting for the prime suspect in what authorities called an Islamist terror attack on the outskirts of Berlin Pride late on Saturday, which left one woman dead and 29 others injured.

South Africa's migrant exodus leaves employers short-handed

Zimbabwean farmworker Aaron Majatamhe was heading home at sunset after a shift in one of South Africa's top fruit-producing regions, where bushes laden with bright unpicked citrus stood in rows.

As Zimbabwe's raw lithium ban pays off, ambitions grow

Zimbabwe's first plant to process clean-energy metal lithium -- of which it is Africa's top producer -- is up and running, a milestone in its expanding drive to stop the wholesale export of its raw mineral wealth.

Will heatwaves push European holidaymakers to 'coolcations'?

European holidaymakers worn down by recurrent heatwaves are currently snubbing Mediterranean destinations for northern climes in hopes of cooler temperatures, but it remains to be seen whether it is just a fad or a durable shift in the tourism market.

German police hunt suspect after deadly car ramming near Berlin Gay Pride

German police searched on Sunday for a suspect believed linked to Islamist circles after a car ploughed into a crowd near Berlin's Gay Pride celebrations, killing one person and wounding 16 others.

The Prague Post - Economy (English)