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News



Bombardier returns to positive free cash flow as private jet demand strengthens

Canadian aircraft manufacturer Bombardier has returned to positive free cash flow in the second quarter of 2026, supported by stronger demand for private jets and continued growth in its order backlog. The Montreal-based aerospace company reported a significant improvement in its financial position......

China signals broader deployment of YJ-20 hypersonic anti-ship missile across naval fleet

China's state media has highlighted what appears to be a broader deployment of the country's advanced YJ-20 hypersonic anti-ship missile, suggesting that the weapon may be expanding beyond the navy's most advanced surface combatants. Reports from Chinese military-focused media outlets showcased......

Drax first-half profit falls 39% as lower UK electricity prices weigh on earnings

Drax Group posted a significant decline in first-half earnings as lower wholesale electricity prices reduced returns from its biomass power generation business. The British energy company reported adjusted core profit of £279 million for the six months ending 30 June, down 39% from £460......

Gillette India reports higher quarterly profit as grooming business fuels revenue growth

Gillette India delivered stronger first-quarter financial results, supported by resilient demand for its grooming products despite rising input costs. The company reported a 9.4% year-on-year increase in standalone net profit, with earnings reaching 1.59 billion rupees ($16.61 million), compared with......

Ugandan opposition leader Kizza Besigye hospitalized in intensive care after courtroom collapse

Detained Ugandan opposition leader Kizza Besigye is unconscious and receiving treatment in an intensive care unit after collapsing during a court appearance in Kampala, according to his wife. In a post published early Thursday on X, Winnie Byanyima said her husband had been admitted to the intensive......

Greek wildfires claim three firefighters as Crete blaze enters second day

Greek emergency services are continuing to battle major wildfires on the island of Crete for a second consecutive day after a series of blazes claimed the lives of three firefighters, highlighting the severity of this year's fire season across southern Europe. The fires come as several European......

Airbus beats second-quarter expectations as aircraft deliveries and defence business boost profits

Airbus reported stronger-than-expected second-quarter results, driven by a sharp increase in commercial aircraft deliveries and solid performance from its defence business. The world's largest aircraft manufacturer posted adjusted operating profit of €2.43 billion, a 54% increase compared with......

Lebanese lawyers request investigation into banker Antoun Sehnaoui over alleged Netanyahu dinner

A group of Lebanese lawyers has asked the country's chief prosecutor to open an investigation into banker Antoun Sehnaoui following allegations that he co-hosted a dinner in Washington attended by Israeli Prime Minister Benjamin Netanyahu. The complaint, submitted on Wednesday, accuses Sehnaoui......

Russian drone designer wounded in apparent assassination attempt in Tula

A Russian engineer involved in the development of military drones was wounded on Wednesday in an apparent assassination attempt in the city of Tula, western Russia. According to the company Ovod and Russian authorities, the attack targeted Andrei Tcherezov, the chief designer and lead developer of the......

Azerbaijani appeals court upholds 10-year espionage sentence for French businessman Martin Ryan

An appeals court in Azerbaijan has upheld the 10-year prison sentence imposed on French businessman Martin Ryan after he was convicted of espionage, bringing another chapter to a case that has drawn international attention amid strained relations between France and Azerbaijan. The ruling, confirmed......

Ugandan opposition leader Kizza Besigye collapses during treason trial hearing

Prominent Ugandan opposition leader Kizza Besigye collapsed during a court hearing in Kampala on Wednesday while standing trial on treason charges, according to a senior official from his political party. Harold Kaija, a senior member of the People's Front for Freedom (PFF), told Reuters that Besigye......

Garonne River faces critical water shortage as France considers tougher restrictions

French authorities are considering tougher water-use restrictions along the Garonne River as persistent drought conditions continue to strain one of the country's most important waterways. According to Jean-Michel Fabre, president of the Établissement Public Territorial de Bassin de la Garonne,......

Two firefighters killed battling wildfire on Greece’s Crete island

Two firefighters have died while responding to a major wildfire on the Greek island of Crete, as Greece continues to battle multiple forest fires amid strong winds and extreme summer conditions. The fatalities were confirmed on Wednesday by the country's national fire service. According to Deputy......

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