Lebanon's Hezbollah group has launched a massive barrage of rockets at Israel. Israeli army said at least 65 rockets were fired from Lebanon at the Galilee panhandle area.

Israel-Hezbollah conflict: Hezbollah fires over 5 dozen rockets at Israel

The Dollar experienced a significant downturn in August, marking its largest monthly drop of the year. This decline has provided much-needed relief to economies that have been grappling with the strength of the US currency. The weakening dollar is primarily driven by expectations that the federal reserve will cut interest rates in September.

Weaker Dollar reshapes global currency dynamics

Israel-Hezbollah conflict: Lebanese militia rains rockets on Israel

Vice President Kamala Harris beats former President Donald Trump in at least 10 surveys taken after the Democratic National Convention, adding to her winning polling streak and expanding her edge on Trump since July—though the size of her lead remains unchanged from before the convention.

60 days to go for US elections, polls predict a win for Kamala Harris

US Steel would close mills and likely move its headquarters out of Pittsburgh if the $14.9 billion buyout by Nippon Steel collapses, the Wall Street Journal reported on Wednesday citing an interview with the company's CEO.

Kamala Harris insists US steel Nippon should stay American

It was just a few weeks ago that Republican Presidential nominee Donald Trump escaped an assassination attempt as he addressed his supporters in an outdoor rally following the narrow escape for Trump it seems that the secret service is not taking any chances with incumbent President Joe Biden. Watch in for more details!

US Secret Service tightens President Joe Biden's security

Former US President Donald Trump pleaded not guilty to the criminal charges he faces in a superseding indictment in his federal election interference case in Washington, D.C.

Former US President Trump waved his right to appear in court

Former US President Trump pleads not guilty to revised indictment

Amid massive protest in Israel to secure a ceasefire and hostage release deal with Hamas, the White House has said its latest deal proposal includes a withdrawal of the ideas from the heavily populated areas along the Philadelphia Corridor. Watch WION to know more.

US pushes for Israel-Hamas ceasefire deal

Is Netanyahu's argument on Philadelphia corridor valid?

Israel-Hamas war: Protests continue in Israel for hostage deal

A former aide to New York Governor Kathy Hochul was charged on Tuesday for acting as an undisclosed agent of the Chinese government. Watch in for more details!

New York 'governor' former aide Linda Sun charged with espionage

The torrential rains have triggered flash floods in Central Texas bringing the state to a grinding halt now heavy rainfall has overwhelmed the drainage systems causing significant Street flooding.

Texas floods: Floodwaters trigger rescues and road closures

At least 51 people were killed and 271 wounded in a Russian missile attack on the Ukrainian city of Poltava. Watch WION to know more.

US finds launch site for Russian cruise missile

Donald Trump pleads not guilty to revised indictment

Four people fatally shot on a commuter train in the Chicago area Monday appeared to be attacked while asleep in their seats. A suspect has been taken into custody.

US Gun Violence: Four people fatally shot inside subway train in Chicago

It was just a few weeks ago that Republican Presidential nominee Donald Trump escaped an assassination attempt as he addressed his supporters in an outdoor rally following the narrow escape for trump it seems that the secret service is not taking any chances with incumbent President Joe Biden. Watch in for more details!

Secret Service beefs up security for the US President

In a bold move to reclaim its position in the tech world, Huawei has announced a product launch event scheduled for September 10, 2024, at 2 p.m. Beijing time. This strategic timing coincides closely with Apple's highly anticipated unveiling of the iPhone 16, which is set to take place on the morning of September 9 under the promotional theme "It's Glowtime". The announcement was made in a post on Chinese X like service Weibo. 

Richard Yu, the executive responsible for Huawei's consumer and automotive technology divisions, has described the upcoming product as an "epoch-making" innovation as detailed in a report by CNBC. While the exact description of the product remains scarce, Yu's enthusiasm suggests that it could be a game-changer in the tech industry. He emphasised that this product is "leading, innovative, and disruptive," and that it represents a concept that others may have envisioned but could not realise.

Brief history of Huawei Technologies <o:p></o:p>

Huawei Technologies is a Chinese multinational digital communications technology conglomerate corporation headquartered in Bantian, Longgang District, Shenzhen, Guangdong. It designs, develops, manufactures and sells telecommunications equipment, consumer electronics, smart devices and various rooftop solar products. The corporation was founded in 1987 by Ren Zhengfei, a former officer in the People's Liberation Army.

Initially focused on manufacturing phone switches, Huawei has expanded to more than 170 countries to include building telecommunications networks, providing operational and consulting services and equipment, and manufacturing communications devices for the consumer market

It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world. Huawei surpassed Apple and Samsung, in 2018 and 2020, respectively, to become the largest smartphone manufacturer worldwide. Amidst its rise, Huawei has been accused of intellectual property infringement, for which it has settled with companies like Cisco.

Challenging Apple's dominance in the Chinese market<o:p></o:p>

Huawei's comeback has already posed a serious challenge to Apple in the Chinese market. Recent data indicates that Apple has fallen out of the top five smartphone manufacturers in China during the second quarter of this year, marking a shift in the competitive landscape. Due to intense competition, it is anticipated that the challenges for Apple are going to grow.&nbsp;

Further, the timing of Huawei's launch is not coincidental; it aims to overshadow Apple's announcements and capture the attention of consumers and analysts alike. By hosting the event just hours after Apple's iPhone 16 unveiling, Huawei is making a clear statement about its commitment to innovation and its determination to regain its footing in the tech arena.

Richard Yu's comments on the product highlight Huawei's dedication to advancing technology. He noted that after five years of dedicated investment, Huawei has successfully "turned science fiction into reality." This assertion resonates with the growing anticipation surrounding the reveal, suggesting that the race for technological supremacy between the leading companies is far from over.

Implications for the future<o:p></o:p>

As both companies prepare for their respective launches, the impact on consumer choice and market dynamics remains to be seen. Huawei's determination to innovate and disrupt the market could mark a pivotal moment for the brand. The September launch event is expected to draw significant attention, not only from tech enthusiasts but also from industry analysts who are eager to see how this new product will shape the future of technology.

Therefore, Huawei's decision to launch its product just hours after Apple's iPhone 16 unveiling is a strategic move that underscores the company's ambition to lead in innovation. As the tech landscape continues to evolve, it is clear that the battle for market share and technological supremacy is intensifying.

<o:p>&nbsp;</o:p>

<o:p>&nbsp;</o:p>

In a bold move to reclaim its position in the tech world, Huawei has announced a product launch event scheduled for September 10, 2024, at 2 p.m. Beijing time. This strategic timing coincides closely with Apple's highly anticipated unveiling of the iPhone 16, which is set to take place on the morning of September 9 under the promotional theme "It's Glowtime".

In a bold move to reclaim its position in the tech world, Huawei has announced a product launch event scheduled for September 10, 2024, at 2 p.m. Beijing time. This strategic timing coincides closely with Apple's highly anticipated unveiling of the iPhone 16, which is set to take place on the morning of September 9 under the promotional theme "It's Glowtime". The announcement was made in a post on Chinese X like service Weibo. Richard Yu, the executive responsible for Huawei's consumer and automotive technology divisions, has described the upcoming product as an "epoch-making" innovation as detailed in a report by CNBC. While the exact description of the product remains scarce, Yu's enthusiasm suggests that it could be a game-changer in the tech industry. He emphasised that this product is "leading, innovative, and disruptive," and that it represents a concept that others may have envisioned but could not realise. Brief history of Huawei Technologies Huawei Technologies is a Chinese multinational digital communications technology conglomerate corporation headquartered in Bantian, Longgang District, Shenzhen, Guangdong. It designs, develops, manufactures and sells telecommunications equipment, consumer electronics, smart devices and various rooftop solar products. The corporation was founded in 1987 by Ren Zhengfei, a former officer in the People's Liberation Army. Initially focused on manufacturing phone switches, Huawei has expanded to more than 170 countries to include building telecommunications networks, providing operational and consulting services and equipment, and manufacturing communications devices for the consumer market It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world. Huawei surpassed Apple and Samsung, in 2018 and 2020, respectively, to become the largest smartphone manufacturer worldwide. Amidst its rise, Huawei has been accused of intellectual property infringement, for which it has settled with companies like Cisco. Challenging Apple's dominance in the Chinese market Huawei's comeback has already posed a serious challenge to Apple in the Chinese market. Recent data indicates that Apple has fallen out of the top five smartphone manufacturers in China during the second quarter of this year, marking a shift in the competitive landscape. Due to intense competition, it is anticipated that the challenges for Apple are going to grow. Further, the timing of Huawei's launch is not coincidental; it aims to overshadow Apple's announcements and capture the attention of consumers and analysts alike. By hosting the event just hours after Apple's iPhone 16 unveiling, Huawei is making a clear statement about its commitment to innovation and its determination to regain its footing in the tech arena. Richard Yu's comments on the product highlight Huawei's dedication to advancing technology. He noted that after five years of dedicated investment, Huawei has successfully "turned science fiction into reality." This assertion resonates with the growing anticipation surrounding the reveal, suggesting that the race for technological supremacy between the leading companies is far from over. Implications for the future As both companies prepare for their respective launches, the impact on consumer choice and market dynamics remains to be seen. Huawei's determination to innovate and disrupt the market could mark a pivotal moment for the brand. The September launch event is expected to draw significant attention, not only from tech enthusiasts but also from industry analysts who are eager to see how this new product will shape the future of technology. Therefore, Huawei's decision to launch its product just hours after Apple's iPhone 16 unveiling is a strategic move that underscores the company's ambition to lead in innovation. As the tech landscape continues to evolve, it is clear that the battle for market share and technological supremacy is intensifying.

Huawei set to unveil groundbreaking product just hours after Apple's iPhone 16 launch

Germany's alternative for Germany party also known as the AfD has become the first far-right party to win the German state election since 1945. The result has sent shock waves across Germany experts say that social media platform TikTok played a huge role in securing AfD a Victory. Watch in for more details!

TikTok likely helped AfD in German Elections: Researchers

The United States is just over two months away from finding out who its next president will be. In the crucial phase of pre-election campaigning Democrat presidential candidate Kamala Harris was joined by incumbent President Joe Biden at a rally in Pennsylvania. Watch WION to know more on the story.

US Elections 2024: Harris campaign to begin 'reproductive freedom' bus tour in Florida

US Gun Violence: Four passengers shot dead inside subway train in Chicago

US Elections 2024: US President, VP court Labour Unions in battleground state

The United States has seized Venezuelan President's plane. According to the US justice department the aircraft was illegally purchased. To know more watch WION.

US seizes Venezuela President’s airplane in the Dominican Republic

The Iran backed Houthis have intensified their attacks on Maritime vessels posing a serious threat to global trade and the environment. Watch WION for more updates.

Houthis attack cargo ship linked to Israel in Gulf of Aden

Navy and Marine Corps from the United States and South Korea on Monday (September 2) conducted joint amphibious landing drills off the coast of the eastern city of Pohang to strengthen their alliance’s combat readiness.

South Korean and US navy hold joint exercise

The US stock market is broadening the rally and hence giving hope to investors who are worried about the overemphasis that is being given to technology stocks. This market shift occurs as global investors look forward to the important jobs figures and the Federal Reserve’s expected rate cuts next week. Fluctuations in more prominent technology stocks such as Nvidia or Apple have affected the market, but the beginning of an increase in investment in value stocks and small-cap equities is noted. Brokerages focusing on these stocks that may lead to a situation of lower interest rates as the Fed is likely to begin its rate-cutting cycle in an upcoming policy meet to be held on September 17-18.

The extension of the rally, which started to build last month before weakening in early August, is being viewed as a healthier sign of a broadening of the market turn. Nvidia, which is one of the key players in the AI market, has made a cumulative contribution of 18% of the S&amp;P 500’s benchmark. undefined “And whether it is sliced ‘n diced, you have witnessed it is up to you a relatively significant expansion and I echo that has real staying power,” said Liz Ann Sonders, Charles Schwab and Co. Inc., Chief Investment Officer.

Sectors like financials and industrials are also included in value stocks, which are companies that trade at lower prices than their book value or the industry average price-earnings ration. These sectors and small-cap stocks are expected to have further upside if the Fed can cut borrowing costs and the economy stays robust. Current statistics reveal that 61% of S&amp;P 500 stocks are ahead of this index within the last thirty days, while only 14% of S&amp;P 500 stocks are ahead of it throughout the year.

Notwithstanding some negative outcomes in the latest quarters of leading tech players, there is unmistakable market rebalance. The equal-weight S&amp;P 500 index, which tracks the average performance of stocks in the index, set a new high this week and is about 10.5% year-to-date. Meanwhile, tech stocks such as Nvidia have underperformed compared to other S&amp;P 500 components since a weaker-than-expected inflation report on July 11.

With the anticipated jobs report expected to be a significant market mover, investors are closely watching for signals of future economic conditions. Jason Alonzo, a portfolio manager with Harbor Capital, noted that while technology remains a key growth driver, especially in AI, investors are exploring other opportunities in the evolving market landscape.

The US stock market is broadening the rally and hence giving hope to investors who are worried about the overemphasis that is being given to technology stocks. This market shift occurs as global investors look forward to the important jobs figures and the Federal Reserve’s expected rate cuts next week.

The US stock market is broadening the rally and hence giving hope to investors who are worried about the overemphasis that is being given to technology stocks. This market shift occurs as global investors look forward to the important jobs figures and the Federal Reserve’s expected rate cuts next week. Fluctuations in more prominent technology stocks such as Nvidia or Apple have affected the market, but the beginning of an increase in investment in value stocks and small-cap equities is noted. Brokerages focusing on these stocks that may lead to a situation of lower interest rates as the Fed is likely to begin its rate-cutting cycle in an upcoming policy meet to be held on September 17-18. The extension of the rally, which started to build last month before weakening in early August, is being viewed as a healthier sign of a broadening of the market turn. Nvidia, which is one of the key players in the AI market, has made a cumulative contribution of 18% of the S&P 500’s benchmark. undefined “And whether it is sliced ‘n diced, you have witnessed it is up to you a relatively significant expansion and I echo that has real staying power,” said Liz Ann Sonders, Charles Schwab and Co. Inc., Chief Investment Officer. Sectors like financials and industrials are also included in value stocks, which are companies that trade at lower prices than their book value or the industry average price-earnings ration. These sectors and small-cap stocks are expected to have further upside if the Fed can cut borrowing costs and the economy stays robust. Current statistics reveal that 61% of S&P 500 stocks are ahead of this index within the last thirty days, while only 14% of S&P 500 stocks are ahead of it throughout the year. Notwithstanding some negative outcomes in the latest quarters of leading tech players, there is unmistakable market rebalance. The equal-weight S&P 500 index, which tracks the average performance of stocks in the index, set a new high this week and is about 10.5% year-to-date. Meanwhile, tech stocks such as Nvidia have underperformed compared to other S&P 500 components since a weaker-than-expected inflation report on July 11. With the anticipated jobs report expected to be a significant market mover, investors are closely watching for signals of future economic conditions. Jason Alonzo, a portfolio manager with Harbor Capital, noted that while technology remains a key growth driver, especially in AI, investors are exploring other opportunities in the evolving market landscape.

US stock rally broadens as investors anticipate fed rate cuts

With the SOSA and liaison officer agreements in place, India joins an elite group of Washington’s partners preparing for potential conflicts. Captain (Retd.) Alok Bansal, Director, India Foundation and a Defence Expert from New Delhi brings you more insights.

India-US Defence Deal: India joins US list of 18 SOSA countries

US-India deal allows access to vital defence resources, Indian officers at US Command Centers

Taiwan Ministry of National Defence (MND) plans to purchase more than 1,000 additional Stinger missiles from the United States, to deal with increased Chinese military threat to the island nation.&nbsp;

The Taiwan army and navy each ordered 250 Stinger missiles in 2019 and 2015, respectively. However, the country needs more to meet its defence needs.

It further prompted the Taiwan army to order 1,985 more Stringer missiles from the US for approximately NT$55.54 billion, Taiwanese local newspaper Liberty Times reported.&nbsp;

According to the MND's 2025 budget report, the Army will get 549 launch systems and 549 identification and friend of foe (IFF) systems.&nbsp;

<a href="https://www.wionews.com/world/pla-navy-survey-ship-enters-japanese-waters-10th-time-in-one-year-754865">Also read:&nbsp;Tokyo lodges protest as Chinese Navy survey ship enters Japanese waters</a>

Moreover, the Navy has planned to buy 45 man-portable Stinger missiles, 15 launch systems, and 15 IFF devices. Navy and Army missiles are scheduled to be delivered by 2031.&nbsp;

Although the Army has not confirmed whether these purchases are included in the Army's procurement plan.&nbsp;

<h2>Taiwan sends&nbsp;letters to US</h2>

Earlier in March, the Taiwanese army highlighted that they had sent 11 letters to the US, urging the delivery of 250 Stinger missiles, which they requested earlier as well.&nbsp;

Watch |&nbsp;Pacific leaders reject call to break ties with Taiwan

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Initially, Taiwan's former president Tsai Ing-wen talked about purchasing additional Stinger missiles from the US, to meet air defence needs and prepare for more live-fire target practice as conscript service increased to one year.&nbsp;

China has increased its military activities across Taiwan, including regular air and naval incursions into Taiwan's ADIZ and military exercises near the island.&nbsp;

Earlier on Sunday, Taiwan's MND detected 10 PLA aircraft, seven Chinese Navy vessels, and two official ships operating around the nation.&nbsp;

Taiwan's Ministry of Foreign Affairs stated that China's continued use of military aircraft and warships to intrude into Taiwan and Japan's air defence identification zones and exclusive economic zones has increased regional tensions.&nbsp;

(With inputs from agencies)&nbsp;

Taiwan Ministry of National Defence (MND) plans to purchase more than 1,000 additional Stinger missiles from the United States, to deal with increased Chinese military threat to the island nation.

Taiwan Ministry of National Defence (MND) plans to purchase more than 1,000 additional Stinger missiles from the United States, to deal with increased Chinese military threat to the island nation. The Taiwan army and navy each ordered 250 Stinger missiles in 2019 and 2015, respectively. However, the country needs more to meet its defence needs. It further prompted the Taiwan army to order 1,985 more Stringer missiles from the US for approximately NT$55.54 billion, Taiwanese local newspaper Liberty Times reported. According to the MND's 2025 budget report, the Army will get 549 launch systems and 549 identification and friend of foe (IFF) systems. Also read: Tokyo lodges protest as Chinese Navy survey ship enters Japanese waters Moreover, the Navy has planned to buy 45 man-portable Stinger missiles, 15 launch systems, and 15 IFF devices. Navy and Army missiles are scheduled to be delivered by 2031. Although the Army has not confirmed whether these purchases are included in the Army's procurement plan. Taiwan sends letters to US Earlier in March, the Taiwanese army highlighted that they had sent 11 letters to the US, urging the delivery of 250 Stinger missiles, which they requested earlier as well. Watch | Pacific leaders reject call to break ties with Taiwan × Initially, Taiwan's former president Tsai Ing-wen talked about purchasing additional Stinger missiles from the US, to meet air defence needs and prepare for more live-fire target practice as conscript service increased to one year. China has increased its military activities across Taiwan, including regular air and naval incursions into Taiwan's ADIZ and military exercises near the island. Earlier on Sunday, Taiwan's MND detected 10 PLA aircraft, seven Chinese Navy vessels, and two official ships operating around the nation. Taiwan's Ministry of Foreign Affairs stated that China's continued use of military aircraft and warships to intrude into Taiwan and Japan's air defence identification zones and exclusive economic zones has increased regional tensions. (With inputs from agencies)

Taiwan to purchase over 1,000 Stinger missiles from US as Chinese military threat increases

India and the United States signed two key agreements during Defence Minister Rajnath Singh's official visit to Washington to further boost the comprehensive global strategic partnership between the two nations.

Indian Defence Minister Rajnath Singh inks 2 pacts with US during visit to Washington

Happiness among young Americans is in steep decline, and while social media often gets the blame, the economic landscape may be the real culprit. The U.S. dropped eight spots in this year’s World Happiness Report, now ranking 23rd.

Gen z’s happiness declines amid financial strain | World Business Watch | WION News

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