Companies to Watch: Alcoa to restructure, San Francisco may acquire PG&E, Apple may invest in camera tech

AFP
Is fractious France ready for an Olympics party?
Organisers of the Paris Olympics have promised a "great national party" for the country, but with 100 days to go, France's bitter politics and gloomy mindset are dampening the mood."Take a bit of perspective and look at the history of previous Games," the 46-year-old urged reporters, promising the Paris edition would make the nation "proud".
14m ago
Reuters
Fire breaks out at Copenhagen's historic stock exchange, spire collapses
A fire hit Copenhagen's Old Stock Exchange on Tuesday, one of the Danish capital's most iconic buildings, engulfing its spire which collapsed onto the roof. The historic building, whose spire was shaped as the tails of four dragons intertwined, had been under renovation when the fire broke out. Copenhagen police asked people to avoid driving in the inner part of the city.
19m ago
Associated Press
Nissan says it will make next-generation EV batteries by 2028
Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan's legacy automakers have fallen behind newer rivals like America's Tesla and China's BYD in the emerging all-electric auto sector.
21m ago
Reuters
Apple wants to spend more on suppliers in Vietnam
Apple Inc. CEO Tim Cook said on Tuesday in Hanoi the U.S. tech giant wanted to boost its investment in Vietnam, state media reported. Cook made the statement at a meeting with Vietnamese Prime Minister Pham Minh Chinh during his visit to Vietnam, a key manufacturing hub for Apple. Separately, in a statement released on Monday on its website, Apple said it would increase its spending on suppliers in Vietnam, where it has created some 200,000 jobs.
26m ago
AFP
South Korea marks 10th anniversary of ferry disaster
South Korea on Tuesday marked the 10th anniversary of the country's worst maritime disaster, when hundreds of schoolchildren died after the overloaded Sewol ferry capsized and sank."South Korea had to change after the Sewol ferry disaster.
29m ago
AFP
Astronomers discover largest black hole in Milky Way: study
Astronomers identified the largest stellar black hole yet discovered in the Milky Way, with a mass 33 times that of the Sun, according to a study published on Tuesday.As Gaia's telescope can give a precise position of stars in the sky, astronomers were able to characterise their orbits and measure the mass of the star's invisible companion -- 33 times that of the Sun.
34m ago
Reuters
Iran says any action against its interests will get a severe response
Iran will respond to any action against its interests, President Ebrahim Raisi said on Tuesday, according to the Iranian Student News Agency, a day after Israel warned it will respond to Tehran's weekend drone and missile attack. "We categorically declare that the smallest action against Iranian interests will certainly be met with a severe, widespread and painful response against any perpetrator," Raisi told the Qatari Emir Sheikh Tamim bin Hamad al-Thani. Israel's military Chief of Staff, Herzi Halevi, said on Monday that Iran's attack on Israel - which was a retaliation after the April 1 bombing of the Iranian embassy compound in Damascus - warranted a response.
40m ago
Reuters
Israel pushing for more sanctions against Iran
Israel's foreign minister said on Tuesday he was urging countries to place sanctions on Iran's missile programme and proscribe its Revolutionary Guard Corps as a terrorist organisation after Iran's first-ever direct attack on Israel. "Alongside the military response to the firing of missiles and drones, I am leading a diplomatic attack against Iran," Foreign Minister Israel Katz said in a social media post. Katz said he sent letters to 32 countries and spoke with numerous counterparts, calling on them to "place sanctions on Iran's missile project and declare the Revolutionary Guard a terror organisation, as a way to stop and weaken Iran."
45m ago
Associated Press
Second high-profile stabbing to rock Sydney in recent days is declared a terrorist attack
A teenager has been accused of wounding a Christian bishop and priest during a church service in a second high-profile knife attack to rock Sydney in recent days that authorities on Tuesday declared an act of terrorism. The 16-year-old was overpowered by the shocked congregation at Christ the Good Shepherd Church after he allegedly stabbed Bishop Mar Mari Emmanuel and Fr. Isaac Royel during a service on Monday night that was being streamed online.
46m ago
TODAY
FBI opens criminal investigation into Baltimore bridge collapse
The FBI has opened a criminal investigation into the container ship Dali that struck the Francis Scott Key Bridge in Baltimore in March.
51m ago
CNN
Trump fundraising intensifies, Democrats post big hauls and other first-quarter takeaways
Former President Donald Trump’s fundraising operation picked up the pace during the first three months of the year while Democratic Senate and House candidates reported massive quarterly hauls as the battle for Congress takes shape, new federal filings show.
55m ago
AFP
Iceland volcano still spewing lava, one month on
Orange lava bubbles and pops, occasionally spewing large fountains from a volcano that has been erupting for a month in Iceland, the second-longest eruption since the region's volcanic activity reawakened in March 2021.This scenario is similar to the first eruption in the region, near Mount Fagradalsfjall in March 2021, which lasted six months.
56m ago
AFP
Germany's Scholz seeks Chinese role in 'just peace' for Ukraine
German Chancellor Olaf Scholz said Tuesday he hoped Berlin and Beijing could help achieve a "just peace" in Ukraine, as he met President Xi Jinping in the Chinese capital.Meeting with Xi at Beijing's Diaoyutai State Guesthouse on Tuesday, Scholz told the Chinese leader he hoped to discuss "how we can contribute more to a just peace in Ukraine".
1h ago
AFP
US envoy visits DMZ on heavily-fortified Korea border
The US ambassador to the United Nations visited the heavily-fortified border between North and South Korea Tuesday, urging Pyongyang to return to talks as global enforcement of UN sanctions stumbles."We urge Russia and China to reverse course and once again to urge Pyongyang to choose diplomacy and come to the negotiating table," Thomas-Greenfield said.
1h ago
Associated Press
Paris Olympics flame to be lit with elan at Greek cradle of ancient games -- if it's sunny enough
One way or another, the flame that's to burn at the Paris Olympics will be kindled Tuesday at the site of the ancient games in southern Greece. Lookers-on included a small, enthusiastic group of tourists from the northwestern French region of Brittany, where the ship's homeport of Nantes is, waving French and Breton flags.
2h ago
Associated Press
Philippines' Marcos says 'not one person died' as police make huge drug bust, in dig at predecessor
Philippine President Ferdinand Marcos Jr. said Tuesday police seized the largest haul of methamphetamine in the country in years without anybody being killed, in a subtle criticism of his predecessor’s notoriously deadly crackdown on illegal drugs. Police seized nearly 1,630 kilograms (1.8 tons) of methamphetamine Monday from a van and arrested its driver at a checkpoint in Alitagtag town in Batangas province south of Manila. "This should be the approach in the drug war for me and the most important objective is to stop the smuggling of illegal drugs into the Philippines,” Marcos said, adding that the newly seized drugs came from outside the country.
2h ago
AFP
Chinese economy beats growth expectations in first quarter
China's economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target.Reflecting those difficulties, last month also saw a fall in property prices in China's major cities, data showed.
2h ago
Associated Press
Maui Fire Department to release after-action report on deadly Hawaii wildfires
The Maui Fire Department is expected to release a report Tuesday detailing how the agency responded to a series of wildfires that burned on the island during a windstorm last August — including one that killed 101 people in the historic town of Lahaina and became the deadliest U.S. wildfire in more than a century. The release comes one day before the Hawaii Attorney General is expected to release the first phase of a separate comprehensive investigation about the events before, during and after the Aug. 8 fires. The reports could help officials understand exactly what happened when the wind-whipped fire overtook the historic Maui town of Lahaina, destroying roughly 3,000 properties and causing more than $5.5 billion in estimated damage, according to state officials.
2h ago
Associated Press
Voters to decide primary runoffs in Alabama's new 2nd Congressional District
Alabama voters are set to cast their ballots Tuesday to decide party nominees for the state's 2nd Congressional District, which was redrawn by a federal court to boost the voting power of Black residents. Democrats are aiming to flip the Deep South seat, and Republicans, with control of the U.S. House of Representatives on the line, will try to keep it under the GOP column. A federal court redrew the district in October after ruling that the state’s previous congressional map — which had only one majority-Black district out of seven in a state that is about 27% Black — illegally diluted the voting power of Black residents.
2h ago
CNN
Powerful storms could brew destructive tornadoes and hail in parts of the Midwest
A powerful storm system capable of unleashing damaging hail, wind and tornadoes is expected to barrel through parts of the Mississippi Valley and Midwest Tuesday after triggering tornado watches in the Plains overnight.
2h ago

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