China's advanced technology sector, including AI and new energy, accounts for 16.8 high-value invention patents per 10,000 people, driving economic growth despite property and demand challenges.
Chinese firms occupy the top 5 spots in LexisNexis' Patent Asset Index for bipedal walking robots, with US and European presence limited to lower rankings.
China's CDC reports Omicron NB.1.8.1 variant at moderate transmission level, with 16.3% positive rate for Covid-19 tests (up 4.3% from previous week) and advises vulnerable groups to take precautions.
Wildfires in Spain and France have forced over 300,000 evacuations, with France reporting a record 242,000 acres burned this year and Spain declaring a national state of emergency.
Chinese researchers create tantalum-based alloy retaining strength at 2,400°C, surpassing 2,000°C limit of most metals, with potential for aerospace, hypersonic vehicles, and nuclear reactors.
McLaren driver Lando Norris criticizes Formula 1 for prioritizing business decisions over its sporting aspect, citing new regulations that have reduced speed, despite acknowledging the need for changes to attract investors like Audi.
J.P. Morgan Asset Management reports AI-themed ETFs are a top 5 theme by assets under management, despite Q2 volatility, with ETFs attracting more inflows than mutual funds due to tax benefits.
The World Cup brought a significant boost to UK pubs, with 30m extra pints sold and £150m in added sales, outperforming previous tournaments like Euro 2024, though benefits were uneven across the hospitality sector.
Jordan Devey, a 38-year-old retired NFL offensive lineman who won Super Bowl XLIX with the New England Patriots, died by suicide, leaving behind a wife and four children.
Donald Trump's second administration sees a record 27 Senate-confirmed officials leaving, facilitating a power grab by concentrating power in the presidency through acting officials, aided by recent Supreme Court rulings.
Hong Kong's Northern Metropolis is poised to drive future economic growth, with plans to optimize public housing sizes, increase private housing unit minimums, and raise public open space standards by 30% to 3.5 sqm per capita.
China's carmakers are struggling with narrowing profit margins due to higher raw material costs and declining market demand, exacerbated by the end of purchase subsidies and tax incentives.
Tony Romo, CBS NFL analyst and former Dallas Cowboys QB, arrested on suspicion of DUI in Milwaukee, Wisconsin, while in town for a golf championship. A first-offense OWI in Wisconsin is not a criminal charge but carries a $150-$300 fine. Romo has a court date set for September 21.
The US House of Representatives passed the Stop Insider Trading Act (232-198), banning Congress members, spouses, and dependent children from buying publicly traded stocks, with penalties for violations. Critics argue it doesn't go far enough, allowing existing stock ownership and sales with notice.
The US Treasury extends sanctions exemption for Lukoil International GmbH sale until August 22, prohibiting fund transfers to Russia, under General License 131H.
US President Donald Trump clarifies that Saudi Arabia's joining of the Abraham Accords is a prerequisite for the approval of a US-backed nuclear energy cooperation deal, despite the agreement already being finalized and awaiting US Congressional review.
Israel says it is preparing an extensive West Bank operation after a deadly clash in Tell near Nablus killed four Palestinians and two Israelis. The incident has intensified calls for arrests, demolitions and more settlement activity.
FBI Director Kash Patel met China's Minister of Public Security Wang Xiaohong in Beijing, focusing on fentanyl trafficking, scam operations, and violent crimes, ahead of the Trump-Xi Jinping summit in September.
Eleven individuals were indicted for the smuggling deaths of seven migrants found dead in a sealed rail cargo container in Laredo, Texas, with temperatures reaching 92°F (33°C), causing hyperthermia.
Paramount Skydance has agreed to pause its Warner Bros. Discovery acquisition until a court rules on a multistate antitrust challenge or until June 1, 2027. The delay could cost the company about $7 million a day in fees if the deal does not close by Sept. 30.
The UK and European nations may experience a GDP contraction for the year if the Strait of Hormuz does not resume full operations by October, due to anticipated surges in oil and gas prices amid the US-Iran conflict.
Israel Defense Forces (IDF) strike Hamas targets in Gaza Strip, targeting weapons storage, manufacturing, and infrastructure, citing systematic ceasefire violations.
Hungary blocked further procedural steps in EU accession negotiations for Ukraine and Moldova during a technical meeting in Brussels, preventing formal talks on internal market and competitiveness reforms until at least September 1.
New York City Mayor Zohran Mamdani has appointed former FTC chair Lina Khan to lead the board of the NYC Economic Development Corporation (EDC), alongside Anthony Shorris as president and CEO. Mamdani aims to combine urban business growth with his progressive affordability agenda, emphasizing economic development and justice.
