Guatemala center-left candidate concedes defeat in presidential election
GUATEMALA CITY (Reuters) – Guatemalan center-left candidate and former first lady Sandra Torres has conceded defeat to her conservative rival Alejandro Giammattei in the country’s presidential election on Sunday, an official for her campaign said in a news conference.
Mountain gorillas of Central Africa slowly increase in number
It is a fragile success story. Their status went from ‘critically endangered’ for years to now ‘endangered’.
It is one of the world’s most endangered species. But the mountain gorillas of Central Africa are making a slow but fragile return from the brink of extinction.
Since 2010, their population has increased by a quarter to just over 1,000.
Al Jazeera’s Stefanie Dekker reports from the Virunga Mountains in Rwanda, which is leading conservation efforts.
Asia flooding: Dozens killed in China, Pakistan and India
The tens of thousands moved to relief camps can only wait before it is safe to return.
Dozens of people have been killed in severe flooding and storms across Asia.
In China, Typhoon Lekima has killed at least 36 people.
Meanwhile, monsoon rains in Pakistan and India have killed 160 and displaced about 165,000 people.
Al Jazeera’s Rory Challands reports.
Yemen's Southern separatists call for cooperation
The UAE-backed Southern Transitional Coalition pitches itself as the true power in the south, not Hadi’s government.
Southern separatists in Yemen say they are committed to a ceasefire in the city of Aden with the Saudi-led coalition.
At least 40 people were killed in four days of fighting as the UAE-backed forces overran government bases and the presidential palace.
Now, the group is pitching itself as a natural partner to Saudi Arabia, hoping to have a greater say in the future.
Al Jazeera’s Andrew Chappelle reports.
South Korea to drop Japan as a preferential trade partner
- Tighter trade regulations, including potential lengthy permit application processes, will apply to South Korean exports to Japan related to weapons production and machine tools, the Ministry of Trade, Industry and Energy said in a statement.
South Korea said on Monday it plans to drop Japan from its"white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries.
Tighter trade regulations, including potential lengthy permit application processes, will apply to South Korean exports to Japan related to weapons production and machine tools, the Ministry of Trade, Industry and Energy said in a statement.
Japan announced earlier this month that it was removing South Korea from its own"white list" of countries that have enjoyed minimum trade restrictions.
South Korea last week held off making a retaliatory move.
Salzgitter Slips To Loss In Q2; Backs FY Outlook – Quick Facts
German steel producer Salzgitter Group (SZGPF.PK,SZGPY.PK) reported that its loss attributable to shareholders for the second-quarter was 1.8 million euros compared to net income of 68.4 million euros in the prior year. Loss per share was 0.02 euros compared to earnings per share of 1.2 euros in the previous year.
Earnings before taxes or EBT was 19.4 million euros, down from 102.7 million euros in the previous year.
Sales for the quarter declined to 2.23 billion euros from 2.31 billion euros last year.
For 2019, the company still anticipates a pre-tax profit (EBT) of between 125 million euros and 175 million euros, and slightly lower sales above the 9.0 billion euros mark.
‘Brutal consequences’: Ansell warns China over exodus of manufacturers
Ansell chief executive Magnus Nicolin has warned China of "brutal" consequences as manufacturers leave the country over rising costs and fears at the escalation in trade war with Donald Trump.
"So many manufacturers are moving out of China at breakneck speed. You don't see it in the China-reported GDP growth numbers yet. I suspect that sooner or later it will be visible," Mr Nicolin said.
Ansell CEO Magnus Nicolin.Credit:Ben Rushton
Total organic sales grew 1.9 per cent, which Mr Nicolin described as a disappointment.
Investors liked Ansell's 2019 results, with its stock up 6 per cent to close at $27.41.
In a note to clients Citi analysts said Ansell's basic earnings per share of US111.5 cents was 4 per cent above consensus and at the upper end of Ansell's guidance.
Citi said Ansell's revenue from its industrial segment "was weak", up just 0.4 per cent, but added that this was expected and due to EU softness and rapid slowdown from March 2019.
Saudi Aramco's first-half net income falls 12% to $47 billion
Saudi Aramco, the world's top oil producer, reported first-half net income of $46.9 billion on Monday, down from $53.02 billion a year earlier.
By comparison, Apple Inc, the world's most profitable listed company, made $31.5 billion in the first six months of its financial year.
Aramco said total revenues including other income related to sales were at $163.88 billion in the first half of this year, down from $167.68 billion a year earlier, on lower oil prices and reduced production.
Hong Kong protesters change tactics
Protesters have adopted a hit-and-run strategy to create maximum disruption.
Police in Hong Kong have fired tear gas and charged with batons at protesters, in an attempt to break up demonstrations across the territory.
Protesters used a flash mob strategy of appearing at large shopping streets and train stations on Sunday, only to disperse and then reappear at a different location.
It is the 10th straight weekend of unrest in Hong Kong, as Al Jazeera’s Rob McBride reports.