Zhipu AI Stock Jumps on Report of Custom AI Chip Development Plans 
Heritage, desire and diplomacy: why China still values scotch whisky 
Cuba Power Outage Sparks Havana Protests as Fuel Crisis Deepens 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Japan Eyes Bigger GPIF Investment in Domestic Assets as BOJ Independence Concerns Grow 
Fast Retailing Raises Full-Year Forecast After Uniqlo Owner Beats Q3 Profit Estimates 
Why have so few atrocities ever been recognised as genocide? 
China Inflation Cools in June as Producer Prices Hit Four-Year High 
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices 
Every generation thinks they had it the toughest, but for Gen Z, they’re probably right 
Japanese Yen Rises as Pension Fund Plan and BOJ Rate Hike Bets Weigh on Dollar 
The American mass exodus to Canada amid Trump 2.0 has yet to materialize 
Gold Price Rebounds as U.S.-Iran Tensions and Fed Minutes Keep Markets on Edge 
Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
The pandemic is still disrupting young people’s careers 
Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion 
Lufthansa will get a chance to buy ITA Airways after the winner of the previous bidding, Air France/KLM, refused to bid on ITA again,
Lufthansa had been interested in purchasing ITA Airways for quite a while and lost out in the previous bidding for the Italian carrier. However, due to political factors in Italy, the airline got thrown into the buyer’s arena once more.
Since Italy has a new government, previous transactions surrounding ITA Airways have come under additional scrutiny, leading to the dismissal of management and reevaluation of the company's sale.
Lufthansa is primarily interested in the lucrative Italian routes, and it is foreseen that the plan is most likely to spin it into another low-cost subsidiary as they already have done with many other brands.
The EU will have to vet and clear this purchase, and should it go through, Lufthansa would have to deal with tough restrictions when it comes to what they can do with the airline.
ITA has just reported a net loss of nearly half a billion euros for the 2022 financial year.
