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Mbappé takes first step into club ownership when his company buys second-division French team Caen

CAEN, France (AP) — French soccer great Kylian Mbappé took his first step into club ownership when his company completed a takeover of second-division team Caen. The club says Interconnected Ventures, a company founded by the Real Madrid striker, bought a majority stake in the French team based in Normandy through its investment arm, Coalition

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Extortion and gang violence are hitting even big corporations and business leaders in Mexico

Associated Press CIUDAD VICTORIA, Mexico (AP) — Even Mexico’s largest corporations are now being hit by demands for protection payments from drug cartels, and gangs are increasingly trying to control the sales, distribution and pricing of certain goods. Well-known, high-ranking business leaders aren’t even safe. The problem came to a head last week when the

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Boeing names its next CEO while posting a quarterly loss of more than $1.4 billion

AP Airlines Writer Boeing has a new chief executive. The company says aerospace industry veteran Robert “Kelly” Ortberg will take over as CEO next week, replacing David Calhoun. Boeing announced Ortberg’s hiring on Wednesday as it reported a second-quarter loss of more than $1.4 billion. The company’s revenue was even lower than Wall Street’s dismal

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China sanctions US Rep. McGovern for ‘interference’ in its domestic affairs

Associated Press BANGKOK (AP) — China has sanctioned another U.S. lawmaker for “frequently interfering” in China’s domestic affairs. The sanctions against Rep. Jim McGovern include freezing any Chinese assets, prohibiting anyone in China from working with him and denying him a visa to enter the country. The move is symbolic, since the Massachusetts Democrat has

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Spiraling drone-spying scandal at Olympics risks damage to Canadian soccer ahead of 2026 World Cup

AP Sports Writer PARIS (AP) — Canada has lost its appeal against the deduction of six competition points following a drone-spying scandal in the Olympic women’s soccer tournament. The Court of Arbitration for Sport on Wednesday said its panel of three judges dismissed Canada’s appeal and confirmed the six-point deduction imposed last weekend by FIFA.

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Croatia reports its toughest day for firefighters as Balkan nations battle wildfires in a heat wave

Associated Press ZAGREB, Croatia (AP) — Balkan countries are battling wildfires stoked by high temperatures, winds and a weekslong drought. Firefighters in Croatia say they faced their toughest day so far this season and North Macedonia is suggesting it might need to seek help from NATO. Croatia’s Firefighters’ Association said the demanding 24-hour period included

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Germany says China was behind a 2021 cyberattack on a government agency and summons its ambassador

BERLIN (AP) — Officials in Berlin say an investigation has determined that “Chinese state actors” were responsible for a 2021 cyberattack on Germany’s national office for cartography. The Chinese ambassador was summoned to the Foreign Ministry for a protest for the first time in decades. A Foreign Ministry spokesperson said Wednesday the German government has

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Hong Kong hits back at Italy’s protest against fencer Cheung’s win with posts on pineapple pizza

Associated Press HONG KONG (AP) — Hong Kong fencer Cheung Ka-long’s victory over Italy’s Filippo Macchi at the Paris Olympics has sparked an exchange of insults on social media, with Cheung’s supporters celebrating his win with posts about pineapple pizzas—widely considered a culinary blunder in Italian cooking. Cheung made history on Tuesday by beating Macchi

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