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Alphabet, the world's largest provider of search and video ads, on Tuesday reported a 14 per cent drop in second-quarter net profit on an annual basis, as the company missed the analysts' sales expectations. Net profit at Google's parent company dropped to about $16 billion in the three months to the end of June, more than $2.5bn less than the same period in 2021. Net profit on a quarterly basis fell about 2.6 per cent. Revenue during the period rose 13 per cent annually to $69.7bn against expectations of about $70bn. “In the second quarter, our performance was driven by search and cloud [businesses] … the investments we have made over the years in AI [artificial intelligence] and computing are helping to make our services particularly valuable for consumers and highly effective for businesses of all sizes” Alphabet’s chief executive Sundar Pichai said. “As we sharpen our focus, we will continue to invest responsibly in deep computer science for the long term.” Alphabet sto

Sanamacha Thingbaijam Chanu (born 1 February 1975) is an Indian weightlifter who competed in the women's 53 kg weight class at the 2004 Summer Olympics .  She had also won three golds at the 2002 Commonwealth Games in Manchester and was a part of the core team for the 2010 Commonwealth Games at New Delhi. India is considered one of the weightlifting powerhouses in the Commonwealth, having won 93 medals, including 33 gold since 1966 when they took part for the first time. Sanamacha Chanu had played a great role in contributing to the achievements of India in the weightlifting categories in international championships. The 46-year-old Chanu, is one of the most successful woman weightlifters in the country. Sanamacha Chanu , whose awards include the Arjuna trophy had also been included in the national contingent for the Busan Asian Games, but could not participate because of an injury. She was born in Imphal, Manipur, the place which had contributed many of its people to Indian weight

Twitter will hold a special shareholder meeting on September 13 to vote on billionaire Elon Musk's $44 billion offer to take over the social media platform, the company said in a regulatory filing to the US Securities and Exchange Commission. The company’s shareholders will also be asked to vote on a proposal to “approve, on a non-binding, advisory basis, the compensation that will or may become payable by Twitter to its executive officers in connection with the merger”, according to the filing, which was signed by chief executive Parag Agrawal and board chairman Bret Taylor. Shareholders will be required to “vote on a proposal for the adjournment of the special meeting to a later date or dates to solicit additional proxies if there are insufficient votes to adopt the merger agreement”, Twitter said in the filing on Tuesday. Mr Musk, chief executive of Tesla, agreed to acquire Twitter for $44bn in April, pledging to pay $54.20 a share. Upon completion of the deal, the plan was for

National Central Cooling Company, the utilities company better known as Tabreed, reported a 3 per cent increase in its second-quarter profit as revenue jumped amid the company's push for geographical expansion. Profit attributable to equity holders of the parent company for the three months to the end of June climbed to Dh152.1 million ($41.41m), Tabreed said in a statement to the Dubai Financial Market, where its shares are traded. Revenue for the reporting period rose almost 9 per cent year-on-year to Dh555.7m. “It’s another remarkable result for Tabreed but not at all surprising, as the carefully considered and planned trajectory for this incredible pillar of UAE industry is coming together precisely as we envisaged," Khaled Al Qubaisi, Tabreed’s chairman, said. "It has been a remarkable six months of geographical expansion, increased public awareness and making good on long-term objectives." Read More : https://www.thenationalnews.com/business/energy/2022/07/27/

The UK has enough capacity to hold two centuries’ worth of emissions with carbon capture and storage to be worth £100 billion ($120bn) by 2050, a report has said. The UK has large industrial clusters, extensive gas transport infrastructure and good scientific understanding. But despite the country being well-placed to become a world leader in the technology, the Offshore Energies UK report said Britain’s supply chain was fragile. The UK is at risk of losing the industry to more attractive opportunities abroad, and the government must act fast to secure its future, the paper warned. Read More : https://www.thenationalnews.com/world/uk-news/2022/07/27/carbon-capture-could-boost-uk-economy-by-100bn-by-2050/

As the world grapples with the monkeypox outbreak, countries with flare-ups of the viral disease have been offering vaccination to contacts of infected people and those in groups considered as being at risk. At the weekend, the World Health Organisation declared the outbreak a public health emergency of international concern, the first since Covid-19. For most people, symptoms such as rashes on the face, palms and other parts of the body, and a fever, are not serious, although individuals with a weakened immune system, pregnant women and children may be more at risk and the disease can prove fatal. With cases having exceeded 18,000 across 75 countries this year, concerns have been raised about whether will it be possible to control the spread of a disease that, until recently, was largely confined to west and central Africa, with occasional, typically short-lived appearances elsewhere. Figures compiled by the US Centres for Disease Control and Prevention show that America has recorded

CUET Result 2022 : The undergraduate candidates who appeared for the common university entrance test that was conducted by the national testing agency can soon check the results. The examination was held from 15 July 2022 to 20 August 2022. The authorities will be releasing the result online. On the basis of the result, central universities and colleges will be accepting students in the courses of their choice. A proper scorecard will be released by the authorities in order to notify the candidates regarding their results. Furthermore, the respective colleges and universities will be releasing their cut-off to admit students accordingly. The applicant for CUET -UG 2022 can check all the details pertaining to the CUET in the following article. CUET Result 2022 The national testing agency conducted the Common University entrance test for the candidates who passed class 12th and seeking admission to undergraduate degree programmes. The University grants commission as per the guidelines

Nearly two dozen people have died and as many as 30 others are still fighting for their lives after consuming counterfeit alcohol in India’s western Gujarat state. The incident occurred on Monday morning when residents in Rojid village in Barwala and Botad towns in the state were admitted to government-run hospitals after they started feeling seriously ill. Two died in the morning and another five lost their lives while undergoing treatment during the day. Three more died during treatment late on Monday night, said Ashish Bhatia, Director General of Police in the state. About 30 people are still undergoing treatment at various government hospitals in Bhavnagar, Botad, Barvala and Dhandhuka, and some are said to be critical. Himmat Bhai, who is recovering at a hospital in Barwala, told local media that he fell ill after purchasing the liquor from a bootlegger on Sunday night. Read More : https://www.thenationalnews.com/world/2022/07/26/at-least-21-dead-30-fighting-for-life-after-drinki

The Saudi main index rose on Tuesday with oil prices back on the rise while investors awaited more earnings results. TASI, opened 0.43 percent higher to 11,924, while the parallel market, Nomu, opened flat at 21,038 as of 10:07 a.m. Saudi time. Saudi oil giant Aramco increased 0.39 percent, while Saudi National Bank, one of the Kingdom’s biggest lenders, added 0.73 percent. Saudi British Bank, which was voted the best bank in 2022, gained 1.33 percent, while the Kingdom’s largest valued bank Al Rajhi gained 0.34 percent. Development Works Food Co. rose 10 percent, leading gainers, while United Cooperative Assurance Co. dropped 10 percent, continuing its downward trend. BinDawood Holding Co. started flat, following its acquisition of 62 percent of International Applications Trading Co. Read More : https://www.arabnews.com/node/2129711/business-economy

Taiwan simulated intercepting Chinese attacks from the sea in annual war games on Tuesday, with President Tsai Ing-wen hailing the military’s “determination” as she watched from onboard a destroyer. Democratic Taiwan lives under constant threat of being invaded by China, which views the self-ruled island as part of its territory to be seized by force if necessary.On the second day of the island’s largest annual war drills, Tsai, dressed in military fatigues, boarded the Kee Lung class destroyer to supervise a live-fire drill off Taiwan’s eastern coast. Fighter jets and warships set off various types of missiles aimed at intercepting “a group of enemy ships,” the military said. Anti-submarine rockets and depth bombs were also discharged and a Dutch-built Sword Dragon class submarine practiced an emergency ascent, it added. Read More : https://www.arabnews.com/node/2129701/world

Saudi Crown Prince Mohammed bin Salman said the Kingdom plans for the Saudi stock exchange to be larger than many global peers as he expects NEOM to sell shares to the public in 2024, adding nearly SR1 trillion ($266 billion) to the market. Speaking to reporters after unveiling the designs of The Line, the city in NEOM, the Crown Prince further noted that the NEOM will add more than SR5 trillion to the stock exchange in later stages as more parts of the project will be completed.  The Crown Prince also added that all companies owned by the Public Investment Fund will be listed on the stock market in the future, which will help it become one of the top three largest stock markets on the planet.  Talking about the funding plans for NEOM, the Crown Prince said that in 2027 the SR500 billion capital for the project will be collected — with SR200-300 billion of that coming from the services that will be created in the first phase. Another SR200-300 billion will be gathered from the market.

Rishi Sunak pipped Liz Truss in the first direct TV debate of the Conservative Party leadership race in a series of fired-up clashes, according to a snap poll issued minutes later. The poll by Opinium, based on a sample of 1,032 voters, found 39 per cent believed Mr Sunak had performed best compared to 38 per cent for Ms Truss. The pair sought to land knock out blows in criticism of each other's economic plans during the hour-long TV appearance in the pottery town of Stoke: Mr Sunak hammered the point there was “nothing Conservative” about Ms Truss’s approach and it would give the party “absolutely no chance” of winning the next election. Ms Truss, the Foreign Secretary, suggested her rival would lead the country into a recession. Read More : https://www.thenationalnews.com/world/uk-news/2022/07/25/rishi-sunak-and-liz-truss-criticise-economic-policies-in-first-tv-debate/

French President Emmanuel Macron arrived in Cameroon on Monday at the start of a three-nation tour of western Africa. Mr Macron was welcomed at the airport in Yaounde at around 10:40pm by Cameroonian Prime Minister Joseph Dion Ngute. His first trip outside Europe since being re-elected will also take him to Benin and Guinea-Bissau, and should allow him to "show the commitment of the president in the process of renewing the relationship with the African continent", said a French presidential official, who asked not to be named. Mr Macron is due to hold talks on Tuesday morning with his counterpart Paul Biya, 89, who has ruled Cameroon with an iron fist for nearly 40 years. READ MORE : https://www.thenationalnews.com/world/2022/07/26/macron-arrives-in-cameroon-on-first-leg-of-africa-trip/