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Zürich Invests CHF 35-40M Yearly to Secure Drinking Water Supply Through 2040
Zürich plans CHF 35-40 million annual investments to modernize drinking water infrastructure as demand rises 2040. Heat waves and invasive Quagga mussels pose new risks to the 70% of supply sourced from Lake Zürich.
S&P 500 Hits Record 7,798.99 as Inflation Cools, Rate Hike Fears Ease
S&P 500 closes at record 7,798.99 on August 13 as July producer prices hold flat, signaling lower odds of Fed rate hike in September. Tech stocks lead gains.
Asics to Dissolve Trading Subsidiary, Consolidate Walking Business August 15
Asics will liquidate its trading subsidiary and consolidate walking operations. Q2 profit jumped 62.1% to 35.6 billion yen as Onitsuka Tiger brand drives growth.
Delta Launches Austin-Paris Route in March 2027, Expands European Hub
Delta Air Lines launches daily nonstop service from Austin to Paris beginning March 27, 2027, on an Airbus A330-900neo. The route offers connections to 70+ European destinations through Air France partnerships.
Trump Orders Navy to Ditch Modern Catapults for Steam on New Carrier
Trump orders Pentagon to replace electromagnetic catapult systems with steam on USS Doris Miller carrier within 60 days. Change could cost billions and require more sailors to operate.
Porsche Quits VW Emissions Pool, Teams With XPeng for 2026-2027
Porsche exits Volkswagen’s emissions pool to partner with XPeng for 2026-2027, offsetting higher CO2 from petrol models with Chinese EV maker’s zero-emission vehicles.
Zurich Upgrades Water Supply for 1 Million as Demand Rises Through 2040
Zurich’s new water supply master plan secures 1 million residents through 2040. Lake Zurich provides 70% of supply. Infrastructure renewal is now the priority amid rising demand and climate risks.
Australian Property Investors Flee Outer Suburbs as Budget Tax Changes Bite
Australian property investors are pulling back fastest from outer suburbs after federal budget tax changes and interest rate rises. Investor loan applications down 28% since May.
NSW Finalises 20-Year Sydney Plan: 800,000 New Homes by 2046
NSW government finalises Sydney Plan to accommodate 1.3 million more people by 2046, requiring 800,000 new homes and 950,000 jobs. Eastern Sydney gets housing focus, west gets jobs and infrastructure.