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Maersk, Hapag-Lloyd to resume sailings through Suez Canal for one of their services Source link
A Chinese smart-glasses maker founded by an Apple veteran has become a unicorn after a funding round with investors including Meituan and Tencent.Even Realities Technology raised $150 million in the pre-Series B round, giving it a valuation of $1 billion. Company’s founder and CEO Will Wang, who worked at Apple from 2016 to 2018 and was involved in the development and mass production of Apple Watch and iPhone, is eyeing the AI wearable market dominated by Meta Platforms.The company will use the funds to develop its next-generation smart glasses platform, deepen AI integration, scale up global operations and accelerate product…
UK fighter jets intercepted a Russian maritime patrol aircraft after it “repeatedly approached” a carrier strike group in the Norwegian Sea, the Ministry of Defence (MoD) said.The Russian Bear-F plane passed at low altitude and “unnecessarily close” to the HMS Prince of Wales aircraft carrier and is believed to have dropped 10 sonobuoys into the water on Thursday, the MoD added.The MoD said Moscow’s activity in the Norwegian Sea was “unsafe and unprofessional”.It comes weeks after Royal Marines boarded a Russian shadow fleet oil tanker in the English Channel, while the head of the military has warned the risks and…
Sick of the heat, crowds and high prices, more U.S. travelers are discovering the offseason of international travel — and airlines and hotels are fighting for a windfall.Flights to once-seasonal European vacation destinations now start when there’s still snow on the ground in the U.S. and wrap up when leaves are falling off the trees, if they end at all, instead of following traditional late-spring to late-summer travel seasons.For example, American Airlines’ flight to Edinburgh, Scotland, from New York began in March. United Airlines’ nonstop route to Palermo, Sicily from Newark, New Jersey, will end in December and Delta Air…
ITV and Sky reshape British TV landscape with $2.1 billion deal Source link
Local residents walk past burning garages outside a residential building following a Russian missile strike on the Ukrainian capital of Kyiv on July 6, 2026, amid the Russian invasion in Ukraine.Genya Savilov | Afp | Getty ImagesThe long-running Russia-Ukraine war appears to have entered a new phase after major developments over the weekend and ahead of a crunch NATO summit.In the last 72 hours, U.S. President Donald Trump purportedly held separate calls with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy, Ukrainian drones struck an oil terminal and port in St. Petersburg and the surrounding area and Russia launched…
European shares hover near record highs; easyJet soars on take-private bid Source link
Nigel Farage said he has “done no wrongdoing” after it emerged he did not declare benefits provided by an ally once convicted of fraud in the US.The Sunday Times said, external George Cottrell’s support included security and social media staff who worked on Farage’s online content in the year before he was elected. It also claims Farage used a property rented by Cottrell near Buckingham Palace.The Reform UK leader responded by insisting he “followed the rules” and also claimed he is the victim of an “establishment hit job”.Liberal Democrat MP Josh Babarinde has asked the parliamentary standards commissioner to investigate,…
EasyJet passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, U.K., on May 3, 2024.Bloomberg | Getty ImagesEasyJet shares took off in early dealmaking Monday after the U.K. low-cost carrier agreed in principle to a £5.5 billion ($7.3 billion) takeover bid from U.S. private equity manager Castlelake.The budget airline was up 10.5% shortly after 8:15 a.m. in London (3:15 a.m. E.T.), hitting a new 52-week high.Castlelake’s improved plan to take EasyJet private, which was agreed on Sunday, comes after the carrier last month rejected a £4.93 billion proposal from the private equity firm. Castlelake has made five bids…
Anthropic. The Information. The session before a long holiday weekend. It was a toxic combination that crushed chip stocks on Thursday. The market was closed Friday in observance of the Fourth of July — so, understandably, Thursday’s trading volume was light, which made stocks vulnerable to big swings. Here’s what happened. Tech media outlet The Information put out a story Thursday, reporting that Anthropic is in talks with Samsung to manufacture a custom artificial intelligence chip. Anthropic’s prowess as a maker of leading AI models is already setting the company up for one of the biggest initial public offerings of…