Urgent.News

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The Daily Edition

Wednesday, 12 August 2026

400 stories across 8 sections

The Takeaway

2 people died and several were trapped after a landslide in Ghatkopar, Mumbai, as the monsoon season continues to affect the region. In the finance sector, Asian tech stocks saw a significant rise, with South Korea's Kospi increasing by 2.8% and Nvidia-backed CoreWeave leading the gains with a 16% jump in extended trading.

Embraer, a Brazilian aircraft manufacturer, reported a 38.4% increase in adjusted net income to $218.6 million in Q2 2026, while Emirates Global Aluminium saw a 34% year-over-year surge in its first-half adjusted net profit. Meanwhile, in the tech world, Korea Insurance Institute's AI joint venture is under industry scrutiny, and OpenAI is testing a pay-to-reset quota feature.

Written by urgent.news from the day's reporting.

AI

AI

Google’s Gemini AI assistant reaches one billion users

The milestone, based on Gemini app usage across Google's ecosystem, gives the search giant a boost amid a major overhaul of its AI division.

Google's AI assistant Gemini has reached a significant milestone, surpassing one billion monthly users, according to CEO Sundar Pichai. The achievement comes just a week after a major reorganization of the tech giant's AI division. Pichai expressed that "it's our fastest growing product ever," marking Gemini as the 14th product to reach this impressive user base.

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Tech

Tech

Google unveils latest Pixel phones with slimmer cameras and more AI features

Google unveiled its latest Pixel phone lineup on Wednesday, featuring slimmer cameras with enhanced zoom capabilities and advanced artificial intelligence features. The new phones aim to encourage users to upgrade their devices and increase the usage of Google's AI tools, as highlighted by Forrester senior analyst Andrew Cornwall. The company has added features such as extracting photos from videos, a teleprompter, video stabilization, and improved speech-to-text functionality.

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Google's $29 Pixel Tag helps you keep track of your valuables

The Pixel Tag is compatible with devices running Android 9 or newer. To pair, simply remove the battery pull tab, position the Pixel Tag near your device, and follow the on-screen instructions. During setup, you will be able to create a custom name for your tracker or choose one from... Read Entire Article

Business

Business

New PMI research reveals growing gap between sustainability ambition and delivery

As organisations across Africa and the rest of the world seek to translate sustainability ambitions into business outcomes, new research from Project Management Institute (PMI) and Green Project Management, the world's leading organisation advancing sustainable practices within the profession, reveals a critical challenge - many are struggling to deliver measurable sustainability outcomes.

A new study from Project Management Institute (PMI) and Green Project Management reveals a growing gap between organisations' sustainability ambitions and their ability to deliver measurable outcomes. With the world racing against time to achieve the Sustainable Development Goals, the research highlights that while 85% of sustainability executives believe their organisations will meet their goals, only 43% of Project Management Office leaders share that confidence.

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Colombia quake rescue efforts enter 'final phase' as toll hits 239

BOGOTA — Colombia on Wednesday declared three days of mourning for victims of an earthquake that killed 239 people, as rescuers entered what officials called the final phase of the search for survivors. Monday's magnitude 7.4 quake, the strongest to hit Colombia this century, devastated towns across the coffee-growing west, leaving at…

Finance & Markets

Finance & Markets

US CPI data set to show softer inflation in July as markets reassess Fed rate hike bets

The US Bureau of Labor Statistics (BLS) will publish the July Consumer Price Index (CPI) data on Wednesday. The report is expected to show a small decline in consumer inflation and core inflation.

On Wednesday, the US Bureau of Labor Statistics will release the July Consumer Price Index (CPI) figures, which are anticipated to reveal a slight decrease in both consumer and core inflation rates. The monthly CPI is projected to increase by 0.1%, from the 0.4% decline seen in June, while the annual figure is expected to fall to 3.4% from 3.5% in the previous month. Core CPI, which excludes volatile food and energy prices, is projected to rise by 0.2% monthly and 2.5% annually.

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Inflation eased slightly to 3.4% in July, but energy prices are still high

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy. Consumer prices rose 3.4% in July from a year ago, down slightly from 3.5% in June, the Labor Department said Wednesday.

U.S. indicts former SPLC executive in alleged fraud scheme

Prosecutors have accused the SPLC of telling donors and banks the group was dismantling white supremacist and extremist groups, but instead funneling payments to confidential informants in the groups to fund "violent, racist and extremist activities."

World

World

White House press secretary Karoline Leavitt, youngest person to hold role, to leave at month’s end

WASHINGTON (AP) — White House press secretary Karoline Leavitt, the youngest person to hold the role, will leave at month’s end, President Donald Trump announced Wednesday. Leavitt,…

Washington (AP) — President Donald Trump announced on Wednesday that White House press secretary Karoline Leavitt, the youngest person to hold the position, will depart her role at the end of the month. Leavitt, aged 28, recently returned to the White House following a short leave for the birth of her second child in May. Prior to her tenure as press secretary, Leavitt had served Trump as a press aide during his first term in the White House.

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Eurovision bars countries at war from hosting

A Eurovision victory will no longer guarantee hosting rights if war or a wider security crisis affects the winning country. The change could have particular significance for recent high-flyers Ukraine and Israel.

Science

Science

Rare total eclipse set to block solar generation across parts of Europe

Night will fall on Europe’s power system a little early on Wednesday evening, as an eclipse is set to block solar generation across parts of the continent. While the rare celestial event is expected to draw thousands of tourists eager to witness the eclipse from northern Spain , it will make for a more complicated afternoon than usual for technicians operating the region’s increasingly…

On Wednesday evening, an eclipse is expected to disrupt solar energy production across parts of Europe, casting shadows on the region's increasingly solar-powered power grids. Although the celestial phenomenon is rare and has been predicted centuries ahead, its impact on solar generation will be relatively minimal due to the sun being near the horizon at the time of the eclipse. Alternative energy sources, such as natural gas, hydropower, and nuclear plants, will step in to meet the increased demand.

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PHOTOS: Solar eclipse begins across UK, Europe

A rare solar eclipse is underway across the UK and Europe. Learn what causes a solar eclipse and how to safely view this celestial event. Read More: https://punchng.com/photos-solar-eclipse-begins-across-uk-europe/

Health & Medicine

Health & Medicine

Trump’s vaccine order hands some MAHA voters a win. It also gives Democrats an attack line

President Donald Trump has shifted the nation's focus back to vaccines with an executive order that aims to simplify the childhood immunization schedule and space out shots into separate visits. This move is expected to resonate with some "Make America Healthy Again" (MAHA) voters, who support more flexibility in immunizations. However, it also presents Democrats with an opportunity to criticize Trump's administration in the upcoming midterm elections.

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Maharashtra FDA Suspends Licences Of 3 Domino's Outlets In Mumbai Over Food Safety Violations

The Maharashtra Food and Drug Administration (FDA) has suspended the food-business licences of three Domino's Pizza outlets in Mumbai after inspections uncovered multiple violations involving hygiene, food storage and operational practices. ब्रेकिंग | Amazon, Blinkitनंतर आता Domino’s Pizzaलाही अन्न व औषध प्रशासनाचा दणका!

Culture

Culture

A blockbuster $12.5B deal as Josh Kushner and Bob Iger buy the Los Angeles Lakers, AP source says

LOS ANGELES (AP) — The Los Angeles Lakers are being sold to businessmen Josh Kushner and Bob Iger for a record-breaking price, the second such sale in a…

The Los Angeles Lakers are being sold for a record-breaking price of $12.5 billion to businessmen Josh Kushner and Bob Iger, according to a person familiar with the deal. This makes it the second-largest sale of a sports team in a single year, following the Charlotte Hornets sale in 2023 for $3 billion and the Boston Celtics sale in 2024 for just over $6 billion.

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Netherlands appoint Xavi Hernandez as coach through 2030 World Cup

The Netherlands have appointed former Barcelona coach Xavi Hernandez as their new men's national team head coach, with the 46-year-old Spaniard signing a contract through the 2030 FIFA World Cup. Xavi takes over from Ronald Koeman, bringing an end to the Dutch Football Federation's search for a new coach.

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