U.S. consumer prices post largest gain in 13 years

WASHINGTON, July 13 (Reuters) – U.S. consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in the costs of travel-related services from pandemic-depressed levels as the economic recovery gathered momentum. With used cars and trucks accounting for more than one-third of the surge in prices reported […]
Sundar Pichai, the CEO of Google, has issued a warning about risks to internet freedom
Google CEO Sundar Pichai recently emphasized that the free and open internet seems to be in danger in countries across the world. Many governments, he claims, limit sharing of information, as well as the concept is frequently overlooked. Pichai also discusses problems surrounding tax, privacy, and data in an in-depth interview with the BBC. He […]
Filmmakers, activists call for climate efforts in Cannes

CANNES, France, July 11 (Reuters) – Documentary makers and environmental activists including British teenager Bella Lack on Sunday said they hoped to inspire more efforts on climate change, including through several films with hopeful messages presented at the Cannes Film Festival. The world’s biggest cinema showcase is back after a 2020 hiatus due to the […]
World’s deepest pool for diving opens in Dubai

The world’s deepest swimming pool for underwater diving has opened in Dubai, where people can descend 60 metres (197 ft) to a sunken city-themed landscape and play arcade games.
Box Office: Marvel’s ‘Black Widow’ Debuts With Dazzling $80 Million in Theaters, $60 Million on Disney Plus

LOS ANGELES, July 11, (Variety.com) – Disney and Marvel’s superhero adventure “Black Widow” captured a massive $80 million in its first weekend, crushing the benchmark for the biggest opening weekend since the pandemic. In a first for the Marvel Cinematic Universe, the film opened simultaneously in theaters and on Disney Plus as part of the […]
Nigeria’s Lagos state faces “potential third wave” of COVID-19

LAGOS, July 12 (Reuters) – Nigeria’s Lagos state faces a “potential third wave” of coronovirus infections, its governor said in a statement. He warned of fines or even imprisonment for those who break rules to contain the virus and said Lagos state would step up its vaccination campaign, following the detection of the highly infectious […]
Rio Tinto’s South African mineral sands project remains shut

JOHANNESBURG, July 12 (Reuters) – Rio Tinto (RIO.AX) on Monday said operations at its Richards Bay Minerals (RBM) project in South Africa, which had been hit by violent community unrest, would remain closed despite talks with government. Rio Tinto was last month forced to declare a force majeure on customer contracts at RBM due to what it […]
Walmart’s Flipkart raises fresh funds for $38 billion valuation as IPO looms

Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp (9984.T) as an investor in a $3.6 billion funding round, doubling the Indian online retailer’s valuation to $37.6 billion in less than three years and ahead of its expected market debut.
Desperate Myanmar residents queue for oxygen as COVID-19 cases surge

July 12 (Reuters) – Myanmar’s military authorities pledged on Monday to ramp up oxygen supplies to help treat COVID-19 patients, as residents described their struggle to secure supplies to save loved-ones from a record-setting wave of infections. Photographs on social media showed long queues of residents in Myanmar’s biggest city Yangon trying to refill oxygen […]
State of emergency begins in host city Tokyo as Games near

TOKYO, July 12 (Reuters) – Olympic host city Tokyo entered a new state of emergency on Monday, less than two weeks before the Games begin amid worries about whether the measures can stem a rise in COVID-19 cases. Organisers last week announced that spectators would be banned from nearly all venues. Spectators from abroad were […]