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☆ Chuck Schumer hosts tech companies Google, Meta, Microsoft, and X over AI regulations including Chat GPT
▼ + stars: | 2023-09-13 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

Among those attending the in-person event will be the CEOs of Anthropic, Google, IBM, Meta, Microsoft, Nvidia, OpenAI, Palantir and X, the company formerly known as Twitter. But crucially, the event could also shed light on the political feasibility of a broad, sweeping AI law, setting expectations for what Congress may achieve. IBM CEO Arvind Krishna will also seek to “demystify” a widely held impression that AI development is done only by a handful of companies like OpenAI or Google, Padilla said. Some authors have sued OpenAI over those claims, while others have asked in an open letter to be paid by AI companies. New AI legislation could also serve as a potential backstop to voluntary commitments that some AI companies made to the Biden administration earlier this year to ensure their AI models undergo outside testing before they are released to the public.

Persons: Bill Gates, Eric Schmidt, Chuck Schumer, he’s, Mark Zuckerberg, Elon Musk, ”, Christopher Padilla, Padilla, Arvind Krishna, Sam Altman, Clement Delangue, OpenAI, Maya Wiley, they’ve, Wiley, “, ” Wiley, Schumer, South Dakota Republican Sen, Mike Rounds, New Mexico Democratic Sen, Martin Heinrich, Indiana Republican Sen, Todd Young —, “ It’s, Biden Organizations: Washington CNN, Anthropic, Google, IBM, Meta, Microsoft, Nvidia, Twitter, Senate, CNN, The New York Times, Disney, Conference, Civil, Human, South Dakota Republican, New, New Mexico Democratic, Indiana Republican, Capitol, European Union Locations: Washington, New Mexico

☆ The world’s biggest national park is larger than most countries
▼ + stars: | 2023-09-12 | by ( Joe Yogerst | ) edition.cnn.com time to read: +8 min

Sagarmatha National Park in Nepal safeguards the southern slopes of Mt Everest, the world’s highest peak at 8,849 meters (29,032 feet). Venezuela’s Canaima National Park is home to Angel Falls, the world’s tallest waterfall at 979 meters (3,212 feet). Larger than Delaware and roughly the same size as Wales, Yellowstone was considered huge when it became the world’s first national park in 1872. North AmericaSprawling across nearly half of the world’s largest island, Northeast Greenland National Park is currently the globe’s single largest national park and biggest land-based protected area. Imaginechina Limited/Alamy Stock PhotoDespite being the largest continent, Asia has fallen behind in the race for the world’s largest national parks.

Persons: Venezuela’s, there’s, ”, Mette Pike Barselajsen, Mercedes, China’s, Martin Harvey, Naukluft, it’s, Claire Christian Organizations: CNN, National, United Nations, Nanu, South America, Colombia Oculta, Simpson, Mercedes Benz G, Imaginechina, Bank, Getty, Conservation, Antarctic & Southern Ocean Coalition, Antarctic Locations: Nepal, Mt, Angel Falls, Angkor, Cambodia, Delaware, Wales, Yellowstone, North America, Greenland, Ittoqqortoormiit, “, East Greenland, South, Patagonia, Colombia, Australia, South Australia, Asia, Qinghai Province, Europe, Africa, Africa’s, Zambia, Zimbabwe, Mozambique, Angola, Namibia, Antarctica

☆ Martin holds off wounded Italians to seal San Marino GP double
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +3 min

MISANO ADRIATICO, Sept 10 (Reuters) - Pramac Racing's Jorge Martin led the San Marino Grand Prix in Misano Adriatico from start to finish on Sunday to complete a second sprint and race double of the season and cut Francesco Bagnaia's championship lead to 36 points. Ducati's MotoGP world champion Bagnaia, who had his leg run over in a separate crash last week, finished third. Bagnaia is top of the riders' standings with 283 points, with Martin (247) in second and Bezzecchi (218) in third. After his sprint and race double this weekend and a third-placed finish in Catalunya, Martin has reduced Bagnaia's lead by 30 points in just two weeks. Veteran Pedrosa's creditable fourth-placed finish gave KTM some reason to cheer, after they suffered a double blow when Brad Binder and Jack Miller crashed in successive laps.

Persons: MISANO ADRIATICO, Pramac Racing's Jorge Martin, Misano Adriatico, Francesco Bagnaia's, Marco Bezzecchi, VR46 Racing, Bagnaia, Martin, Marco, Bezzecchi, leapfrogged, BAGNAIA, Dani Pedrosa, Brad Binder, Jack Miller, Maverick Vinales, Miguel Oliveira, RNF, Marc Marquez, Aadi Nair, Christian Radnedge Organizations: San Marino, San Marino Grand Prix, Spaniard, VR46, Bagnaia, KTM, Aprilia, RNF Aprilia, Thomson Locations: San Marino Grand, Misano, Catalunya, Italy, Bengaluru

☆ Martin wins San Marino GP as rivals chip away at Bagnai's championship lead
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +3 min

Martin took the chequered flag 1.445 seconds ahead of VR46 Racing's Bezzecchi to claim his third sprint win of the season. World champion Bagnaia finished third. Bagnaia is top of the riders' standings with 267 points, with Martin (222) in second and Bezzecchi (196) in third. Martin's sprint win reduced the gap to Bagnaia by five points, while Bezzechi's second-placed finish saw him reduce the deficit by two. After Bezzecchi recovered from a slow start to leapfrog Bagnaia, Martin was given more of a challenge, though the Spaniard proved triumphant.

Persons: Pramac Racing's Jorge Martin, Lisi Niesner, Marco Bezzecchi, Francesco Bagnaia, Martin, Bezzecchi, Bagnaia, Marco, Spaniard Martin, leapfrog Bagnaia, Dani Pedrosa, I'm, Jorge, Aleix Espargaro, Luca Marini, Valentino Rossi, Yamaha's Fabio Quartararo, Marc Marquez, Aadi Nair, Pritha Sarkar Organizations: San Marino, San Marino Grand Prix, Ducati, Catalunya, Thomson Locations: Ernstthal, Germany, San Marino Grand, Misano Adriatico, VR46, Misano, Modena, India, Japan, Bengaluru

Adoption of AeroVironment's Switchblade drone will be a key driver for the company, he said. It is not clear how often the U.S. military has utilized the Switchblade drone in theater. AeroVironment makes the Switchblade 300 and the 600; both are equipped with cameras, navigation systems and guided explosives. The 300 variant is designed to strike small targets, weighs a little more than 5 pounds and has a range of 10 miles. Each single-use Switchblade 300 is estimated to cost $6,000, according to an NBC News report.

Persons: LSEG, Wahid Nawabi, Baird, Peter Arment, AeroVironment, Lockheed Martin, Atomics Organizations: Pentagon, ., Lockheed, Lockheed Martin Hellfire, NBC Locations: Virginia, Tuesday's, Ukraine, U.S

☆ Demand for LNG will greatly exceed supply on a global scale: Tellurian
▼ + stars: | 2023-09-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDemand for LNG will greatly exceed supply on a global scale: TellurianMartin Houston, Vice Chairman of Tellurian, discusses the global outlook for LNG.

Persons: Tellurian Martin Houston

Bill Richardson, a longtime fixture of Democratic politics with turns as Energy Secretary and United Nations ambassador under the Clinton administration, died on Friday, the Richardson Center for Global Engagement said in a statement. There was no person that Governor Richardson would not speak with if it held the promise of returning a person to freedom,” Mickey Bergman, vice president of the Richardson Center, said in a statement. Richardson later served as US ambassador to the United Nations and secretary of energy before being elected governor of New Mexico in 2002. After an unsuccessful bid for the presidency in 2008, Richardson launched the Richardson Center for Global Engagement, a non profit promoting international peace, in 2011. He grew up in Mexico City, Mexico, leaving to attend boarding school in Massachusetts in 1960.

Persons: Bill Richardson, Clinton, Richardson, “, Mickey Bergman, ” Richardson, Frank Bradford Morse, Brittney Griner, Paul Whelan, Governor Richardson, Neda, “ Governor Richardson, Mexico Sen, Martin Heinrich, ” Heinrich, Barbara Richardson Organizations: CNN, Former New, Former New Mexico Gov, Energy Secretary, United Nations, Richardson Center, Global, Richardson, Massachusetts, US State Department, Senate Foreign Relations, House, New, “, Democratic, Tufts University, Tufts ’ Fletcher School of Law, Diplomacy Locations: Former New Mexico, Massachusetts, New Mexico, Moscow, Mexico, Pasadena , California, Mexico City

☆ Alonso was wary about attacking Verstappen at re-start
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +2 min

"This is a very special racetrack, with all the fans and the energy going on, so you feel always very focused," the Spaniard told reporters. "I did think about trying a move in the last restart but then I thought maybe I cannot exit the circuit so I stayed calm in second." Verstappen had no easy ride on Sunday, with rainstorms early and late in the proceedings making it the sort of race where any mistake could prove extremely costly. "It was one of those Sundays where you feel connected with the car, you feel in sync with the car, and everything you do, the car is just answering perfectly," said Alonso. I was ready to try again...I thought about the inside line, it could work and we overtook those two cars.

Persons: Aston, Fernando Alonso, Simon Wohlfahrt, Max Verstappen, Aston Martin, Verstappen, Alonso, Mercedes, George Russell, Williams, Alex Albon, Alan Baldwin, Toby Davis Organizations: Prix, Formula One, Zandvoort, Thomson Locations: Zandvoort, Netherlands, ZANDVOORT, London

☆ Martin, Perez seal double glory for Spain in 35km race walks
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

"I had this problem with my hamstring after the 20km race and I was still considering whether to start at the 35km but I managed to get through," said Perez, who smashed Garcia Leon's 35 km world record by nearly half a minute in May. "I was fourth in the Olympic Games and it was very tough to get so close to an Olympic medal. It's wonderful now to be a double world champion in Budapest. "I see Maria is first too in the women's race, so today is a great day for Spain." Reporting by Hritika Sharma in Hyderabad; Editing by Devika Syamnath, Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Spain's Maria Perez, Alvaro Martin, Marton Monus, Maria Perez, Martin, Brian Pintado, Perez, Kimberly Garcia Leon, Perez's, Peru's Garcia Leon, Antigoni Drisbioti, Garcia, Aurelien Quinion, Kawano, Massimo Stano, Maria, Hritika Sharma, Devika Syamnath, Peter Rutherford Organizations: Alvaro Martin REUTERS, Rights, Spanish, Olympic Games, Thomson Locations: Budapest, Hungary, Greece, France, Italy, Spain, Hyderabad

☆ Feminist Stories Are Being Set to a Pop Beat. But Are They Empowering?
▼ + stars: | 2023-08-22 | by ( Alexis Soloski | More About Alexis Soloski | ) www.nytimes.com time to read: +2 min

All of these musicals use a pop vernacular, “Bad Cinderella” somewhat less so. Is pop, particularly pop written and produced by men, a useful form for feminist discourse? Martin and the generation of pop architects who followed him treat lyrics almost as an afterthought. COLLINS-HUGHES Inattention to lyrics is a limitation of jukebox musicals, but it doesn’t hold for original pop songs, which can be whatever the writer makes them. It would help, though, if more of the songwriters getting musicals produced were women.

Persons: Max Martin, Martin, “, Juliet ”, Shakespeare, TILLET, I’m, COLLINS, HUGHES, ZOLADZ, Ariana Grande Organizations: Backstreet Boys

☆ Germany's climate efforts not enough to hit 2030 targets, experts say
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Lukas Barth/File Photo Acquire Licensing RightsBERLIN, Aug 22 (Reuters) - Germany's greenhouse emissions gap will probably be bigger than the government's estimates in 2030 even if planned emission reduction measures are fully implemented, a council of climate experts that advises the government said on Tuesday. The largest economy in Europe aims to cut its carbon dioxide emissions by 65% by 2030 compared with 1990. The German government's planned CO2 cuts for the energy and industrial sector could cut emissions significantly, but the buildings and transport sectors' efforts are lagging, the council said in a report. The transport ministry's assumptions on the effectiveness of the planned measures for cutting emissions are also "optimistic," the council said. "There is a lack of a coherent and consistent overall concept and an overarching framework of measures," the report concluded.

Persons: Lukas Barth, Hans, Martin Henning, Riham Alkousaa, Paul Simao Organizations: REUTERS, Rights, Free Democratic Party, Thomson Locations: Munich, Germany, Europe

☆ Jewelry worth up to $63,000 was stolen from one of the world's top museums and sold on eBay for as little as $50, report says
▼ + stars: | 2023-08-19 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Several jewelry items worth up to $63,000 were stolen from the British Museum in London. A museum curator suspected of being behind the thefts was fired, and police are investigating. Some of the items were worth up to £50,000, or approximately $63,000, and were listed on eBay for as little as £40, or $50, according to British newspaper The Telegraph. An independent review is underway to establish what is missing, attempting to recover the missing items and preventing future thefts. A spokesman for the British Museum told the paper: "We have conducted a thorough investigation, identified the person we believe to be responsible, and that person has been dismissed.

Persons: Peter Higgs, Higgs, Greg, Greg Higgs, He's, I've, Nobody, Martin Henig Organizations: British Museum, eBay, Service, British, Telegraph, The Telegraph, University of Oxford Locations: London, Wall, Silicon

☆ Nick Hornby Reviews a Short History of the Beatles Before the Band
▼ + stars: | 2023-08-18 | by ( Nick Hornby | ) www.nytimes.com time to read: +2 min

THIS BOY: The Early Lives of John Lennon & Paul McCartney, by Ilene CooperIn the early 1980s I was an English teacher at a high school in Cambridge, England. “He introduced John Lennon to Paul McCartney.” I stared at him. Vaughan invented fame. Introducing Paul to John was like introducing ketchup to fries, or causing the Big Bang. By the time John and Paul were 10 and 8, respectively, only 7 percent of 17-year-olds were in school.

Persons: John Lennon, Paul McCartney, Ilene Cooper, Ivan Vaughan, ”, Vaughan, Paul, John, Paul McCartney ”, “, Cooper, Little Richard, Elvis Presley, Peter Sellers, Starchy George Martin Locations: Cambridge, England, Woolton, Liverpool, American

☆ ECB core obsession raises risk of policy mistake
▼ + stars: | 2023-08-17 | by ( Francesco Guerrera | ) www.reuters.com time to read: +4 min

Headline inflation in the euro zone has halved in the past nine months and was 5.3% in July. Granted, both headline and core inflation are currently above the ECB’s 2% target. In fact, core tends to follow headline inflation because its narrower composition makes it stickier. That’s because, as the chair of the U.S. Federal Reserve Jerome Powell said recently, headline inflation is “really what the public experiences”. ECB President Christine Lagarde has pledged to be “data-dependent”.

Persons: Wolfgang Rattay, Martin Heidegger, that’s, Joachim Nagel, Germany’s Bundesbank, Klaas Knot, Lucrezia Reichlin, Michele Lenza, Jerome Powell, Christine Lagarde, Klaas, Neil Unmack, Oliver Taslic, Streisand Neto Organizations: European Central Bank, REUTERS, Reuters, ECB, Reuters Graphics Reuters, Financial Times, U.S . Federal, Eurostat, Central, Thomson Locations: Frankfurt, Germany, German, Ukraine

☆ On Running co-CEOs on Q2 results: Still have significant room to grow in U.S. and China
▼ + stars: | 2023-08-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOn Running co-CEOs on Q2 results: Still have significant room to grow in U.S. and ChinaOn co-CEOs Martin Hoffmann and Marc Mauer join 'Squawk on the Street' to discuss the company's quarterly earnings results, the company's priority number one, and more.

Persons: Martin Hoffmann, Marc Mauer Locations: China

☆ Novo Nordisk to acquire obesity drug maker Inversago Pharma for up to $1 billion
▼ + stars: | 2023-08-10 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Novo Nordisk on Thursday said it will acquire Inversago Pharma, a privately held obesity drug maker, for up to $1.08 billion to broaden the Danish company's blockbuster weight loss portfolio. The deal's price depends on whether Inversago reaches certain development and sales goals, Novo Nordisk said in a release. Canada-based Inversago develops experimental therapies to treat people with obesity, diabetes and other conditions affecting the body's metabolism. Meanwhile, Novo Nordisk's Wegovy and Ozempic work by mimicking a hormone produced in the gut to suppress a person's appetite. Novo Nordisk intends to further investigate the potential of the oral drug for obesity and obesity-related complications.

Persons: Novo, Martin Holst Lange, Lars Fruergaard Jorgensen, availabilities Organizations: Novo Nordisk, Inversago Pharma, Novo, Novo Nordisk's Wegovy, Nordisk, Reuters Locations: Danish, Inversago, Canada, U.S

☆ Obesity drug Wegovy's landmark trial result could 'open up' health insurance access, analyst says
▼ + stars: | 2023-08-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

Until now, some health insurers have been reluctant to cover the drug, given its high costs and a lack of data around its underlying health benefits. But the results of the latest trial data could change that. "Do I think most payers will adopt [obesity drugs] overnight because of the SELECT trial? According to the World Health Organization, global obesity rates have almost tripled over the past decade. Novo Nordisk shares soared by 17% following the release of the trial results on Tuesday.

Persons: Jim Vondruska, Peter Verdult, CNBC's, Wegovy, Verdult, Martin Holst Lange, Eli Lilly, Mounjaro, Michael Mason, Eli Lily, Lilly Diabetes, It's, Lilly, Novo, Lily Organizations: Reuters LONDON, Novo Nordisk, Citi, Novo, World Health Organization, Barclays, Citi Verdult, European Markets Authority Locations: Chicago , Illinois, Danish, U.S, Europe, London

A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. The study called SELECT involved 17,500 patients aged 45 years or older with no prior history of diabetes and started almost five years ago testing if the weekly injection has medical benefits. The landmark trial data shows Wegovy has "the potential to change how obesity is regarded and treated," said Martin Holst Lange, executive vice president for development at Novo Nordisk, in a statement. Novo Nordisk said it expects to file for regulatory approvals of a label indication expansion for the weekly injection in the United States and European Union this year. The detailed results from the trial will be presented at a scientific conference later in 2023.

Persons: Jim Vondruska, Wegovy, Danish drugmaker, That's, Martin Holst Lange, Soren Lontoft Hansen, Novo, Maggie Fick, Nikolaj Skydsgaard, Josephine Mason, Sharon Singleton, Kirsten Donovan Organizations: REUTERS, COPENHAGEN, Novo Nordisk, Nordisk, European Union, World Health Organization, Barclays, Thomson Locations: Chicago , Illinois, U.S, LONDON, Danish, Europe's, United States, Europe, European, Norway, Denmark, Germany, Norwegian

☆ Wegovy shown to reduce risk of heart attack, stroke in major cardiovascular trial
▼ + stars: | 2023-08-08 | by ( Meg Tirrell | ) edition.cnn.com time to read: +3 min

CNN —The weight loss drug Wegovy was shown to reduce the risk of heart attack, stroke or heart disease-related death by 20% in a major clinical trial in people with cardiovascular disease, the first to show a weight loss drug alone can have such protective effects. It called the five-year trial “Select.”The finding of a 20% reduction in heart risk is higher than many experts had anticipated. A similar trial for the type 2 diabetes drug Ozempic, which uses the same ingredient, semaglutide, previously showed it could reduce cardiovascular risk by 26% — but no trial had yet shown a risk reduction in people without diabetes. It said it will present detailed results from the trial at a scientific conference later this year. It’s awaiting US Food and Drug Administration approval for weight loss as well.

Persons: Wegovy, 2.4mg, ”, Martin Holst Lange, Novo, Dr, Willa Hsueh, Jena Shaw Tronieri, Sanjay Gupta, Fuller, Steven Nissen, Eli Lilly, It’s, ” Nissen, he’d Organizations: CNN, Novo Nordisk, Diabetes, Metabolism Research, Wexner, The Ohio State University, Clinical Services, Center, Perelman School of Medicine, University of Pennsylvania, Nordisk, CNN Health, Cleveland, Food and Drug

☆ Novo Nordisk shares pop after key trial data shows Wegovy cuts risk of heart attack or stroke by 20%
▼ + stars: | 2023-08-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Shares of Danish drugmaker Novo Nordisk soared on Tuesday, after late-stage trial data showed that its obesity drug Wegovy reduced the risk of major cardiovascular events such as heart attacks or strokes by 20%, compared with a placebo. Shares of Novo Nordisk rose nearly 16% during mid-morning deals, before paring gains. Martin Holst Lange, executive vice president for development at Novo Nordisk, said that the results showed that the company's obesity drug "has the potential to change how obesity is regarded and treated." "Therefore, we are very excited about the results from SELECT showing that semaglutide 2.4 mg reduces the risk of cardiovascular events."

Persons: Martin Holst Lange, Holst Lange Organizations: Novo Nordisk, Nordisk, Investors, Reuters Locations: Danish, semaglutide

A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. The increasingly popular Wegovy has transformed the weight-loss market since its U.S. launch in June 2021, capturing the attention of patients, investors and celebrities worldwide. Novo's news lifted shares in Europe's second-most valuable listed company after LVMH (LVMH.PA) by more than 17% to record highs. Novo said the eagerly-awaited study results, which have not been peer reviewed, showed that patients on Wegovy had a 20% lower incidence of heart attack, stroke or death from heart disease compared to those on a placebo. Lilly's shares rose nearly 15% in early U.S. trading, boosted by its upbeat quarterly results and Novo's trial data.

Persons: Jim Vondruska, Novo, Wegovy, Jeff Levin, Willis, Willis Towers Watson, Martin Holst Lange, Novo's, Eli Lilly, Mounjaro, Soren Lontoft Hansen, Maggie Fick, Nikolaj Skydsgaard, Jacob Gronholt, Ludwig Burger, Patrick Wingrove, Terje Solsvik, Josephine Mason, Sharon Singleton, Kirsten Donovan, Jan Harvey, Alexander Smith Organizations: REUTERS, COPENHAGEN, Novo Nordisk, Willis Towers, U.S, Union, Pfizer Inc, Amgen Inc, World Health Organization, Barclays, Reuters, Pedersen, Thomson Locations: Chicago , Illinois, U.S, LONDON, Europe's, Europe, United States, Novo, Wegovy, Germany, Denmark, Norway, Copenhagen, Frankfurt, New York, Oslo

☆ Aston Martin will keep the upgrades coming
▼ + stars: | 2023-08-01 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

LONDON, Aug 1 (Reuters) - Aston Martin will keep the upgrades flowing after going into Formula One's August break with Fernando Alonso third in the championship behind Red Bull's dominant leader Max Verstappen and Sergio Perez. With both titles a foregone conclusion, champions Red Bull -- winners of all 12 races so far -- and some others are turning their attention to next year's car but Aston Martin have other ideas. Aston Martin enjoy more wind tunnel time than top rivals as a consequence of their low ranking last year. After 12 of the 22 races last year, Aston Martin were languishing in ninth place and had scored only 19 points compared to their current haul of 196. "Obviously you need to see what directions you take, depending on what happens... in all the push, push, push for development we also have to realise that we have made big steps and it is important to also zoom out and see what you have achieved."

Persons: Aston Martin, Fernando Alonso, Max Verstappen, Sergio Perez, Mike Krack, Red Bull, Krack, Alonso, Mercedes, Lewis Hamilton, Ferrari, Alan Baldwin, Christian Radnedge Organizations: One's, Red, Sunday's Belgian, Prix, Aston, Spaniard, Ferrari, McLaren, Thomson Locations: Alpine

☆ Aston Martin races past second quarter expectations
▼ + stars: | 2023-07-26 | by ( Yadarisa Shabong | ) www.reuters.com time to read: +2 min

[1/2] FILE PHOTO-Employees work on a car at the Aston Martin factory in Gaydon, Britain, March 16, 2022. Aston Martin kept its 2023 forecast for volumes of about 7,000 vehicles and an adjusted core profit margin of about 20%. Aston Martin reported an adjusted operating loss of 38.9 million pounds ($50.2 million) and revenue of 381.5 million pounds in the quarter to June. Analysts on average had expected an adjusted operating loss of 51 million pounds on revenue of 344 million pounds, according to a company-compiled consensus. Aston Martin said it was also on track to meet its medium-term financial targets.

Persons: Aston Martin, Phil Noble, Amedeo Felisa, Felisa, JP Morgan, James Bond's, China's Geely, Yadarisa, Savio D'Souza, Mark Potter Organizations: Aston, REUTERS, HK, Lucid, Thomson Locations: Gaydon, Britain, Bengaluru

☆ After Ukraine's success with US-made HIMARS, European militaries are looking for their own rocket artillery
▼ + stars: | 2023-07-22 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Other European countries are pursuing their own rocket artillery, buying HIMARS or building new systems. Sovfoto/Universal Images Group via Getty ImagesMultiple launch rocket systems have been around since World War II, when the legendary Soviet Katyusha battered Nazi forces. But Russia adapted and moved its command and supply centers out of HIMARS range, though at the price of compromising some efficiency. Rocket artillery can't replace howitzers, which offer some advantages, such as the ability to fire barrages continuously for hours. Still, rocket artillery is certain to join howitzers as the backbone of Western artillery.

Persons: Lockheed Martin, HIMARS, PATRIK STOLLARZ, Biden, ATACMS, salvoes, Jakub Porzycki Organizations: Russia, Service, Rheinmetall, Defense News, Lockheed, Getty, US State Department, Army Tactical Missile Systems, Ukraine, Storm, Nazi, Anadolu Agency, Russian, GPS Locations: Wall, Silicon, Ukraine, Germany, Munster, AFP, Poland, France, Soviet, Warsaw, Russia

☆ Tiny Pacific island Nauru declares disaster ahead of WW2 bomb operation
▼ + stars: | 2023-07-19 | by ( Kirsty Needham | ) www.reuters.com time to read: +1 min

July 19 (Reuters) - Schools and workplaces on the tiny Pacific island of Nauru will close and areas will be evacuated on Thursday while Australian army sappers try to defuse a 500-pound (227 kg) "armed and dangerous" World War Two-era bomb. Acting President Martin Hunt has declared a state of disaster covering the whole of Nauru, one of the world's smallest nations with a land area of just 21 sq. On Thursday morning, a 2 km area around the bomb will be evacuated as the Australian sappers try to disarm the fuse. Hunt on Wednesday ordered schools to shut and prohibited work from Thursday morning as a precaution to manage any bomb impact. It was the scene of fighting between the United States and Japan in World War Two.

Persons: Martin Hunt, Jordan Bell, Hunt, Kirsty Needham, Angus MacSwan Organizations: Australian Defence Force, Wednesday, Thomson Locations: Nauru, Australia, United States, Japan

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