FRANKFURT AM MAIN: German auto giant Daimler, maker of Mercedes-Benz, yesterday slashed its 2019 profit forecast for the second time in a few weeks, after booking a 1.6-billion-euro ($1.8-billion) operating loss in the second quarter. By comparison, between April and June last year, the Stuttgart-based group chalked up operating profit
BY VANITA SRIVASTAVA India will step up the international space race on Monday when it launches a low-cost mission to become only the fourth country to land a probe on the moon. Just five days before the 50th anniversary of man’s first lunar landing, Chandrayaan-2 — or Moon Chariot 2
NEW DELHI: Indians reacted with shock and dismay on Wednesday after their stunning World Cup exit, with Prime Minister Narendra Modi hailing the team’s “fighting spirit” and his main rival saying a billion hearts were broken. Near the end of the semi-final against New Zealand, with India still in with
COLMAR (France): Slovakia’s Peter Sagan kept enough strength in reserve in the hills of Alsace to win a reduced bunch sprint for his 12th overall Tour de France stage win on Wednesday. France’s Julian Alaphilippe held onto the leader’s yellow jersey and even had a tilt at the stage win
THESSALONIKI (Greece): Six people died and at least 23 were injured as a fierce storm tore through a beach front in one of Greece’s top tourist areas, terrifying thousands of holidaymakers caught in the open, authorities said yesterday. Six tourists including two children were killed — two each from the
WASHINGTON: US President Donald Trump warned Tehran on Wednesday that sanctions would soon be “increased substantially,” as armed Iranian boats reportedly attempted to seize a British oil tanker in Gulf waters. Trump’s sanctions warning — which he delivered via Twitter — came as French President Emmanuel Macron’s top diplomatic advisor
PARIS: France said Wednesday its missiles had been found at a Libyan base used by forces loyal to strongman Khalifa Haftar, in an embarrassing admission that raises fresh questions about its role in the conflict. Confirming a report in the New York Times, a defence ministry statement said the US-made
TOKYO: Japan’s Hayabusa2 probe made a “perfect” touchdown yesterday on a distant asteroid, collecting samples from beneath the surface in an unprecedented mission that could shed light on the origins of the solar system. “We’ve collected a part of the solar system’s history,” project manager Yuichi Tsuda said at a
BEIJING: A billionaire Chinese property tycoon was formally arrested for suspected child molestation Wednesday, state media said, in a case that has sparked anger over attempts to censor the incident. Wang Zhenhua, the 57-year-old chairman of Seazen Holdings, was arrested by Shanghai police, reported state broadcaster CCTV, which released a
LONDON: Roger Federer, Novak Djokovic and Rafael Nadal eased into the Wimbledon quarter-finals on Monday as the sport’s Grand Slam heavyweights continued to deliver blow after blow to their wilting lightweight rivals. Federer became the oldest man to reach a Grand Slam quarter-final in 28 years when he booked his