An earthquake jolted New York City on Friday morning, followed by more than 10 aftershocks which shook New Jersey, sending tremors as far as Philadelphia to Boston and jolting buildings in Manhattan and throughout its five boroughs. The preliminary quake, measuring 4.8 magnitude, centered around Lebanon, New Jersey, approximately 60 kilometers from New York City, with a depth of about 5 kilometers. Following the earthquake, New York City mayor Eric Adams stated at a press conference that no injuries had been reported, but they would continue to monitor and inspect critical infrastructure. The densely populated New York City was caught off guard by the unusual event. Broadcaster CBS reported that New York had not experienced an earthquake of this magnitude since 1884. Residents in Brooklyn expressed their shock when experiencing tremors which shook the city. "At first, I thought it was just construction next door, but then I noticed the pictures on the wall had fallen," Jennifer Wu, a resident in New York, told the Global Times on Saturday. Video footage circulating online showed the Statue of Liberty and the New York City skyline trembling as the earthquake struck. An angle from directly above Lady Liberty caught Ellis Island shaking during the incident. "It is fine," New York's famous Empire State Building posted on social platform X after the earthquake. The United Nations headquarters located in New York was hosting a Security Council meeting on the Israeli-Palestinian issue, and diplomats present in the meeting felt the tremors, local media reported. According to the Weather Channel, residents in Baltimore, Philadelphia, New Jersey, Connecticut, Boston and other areas of the Northeast seaboard also reported shaking. Tremors lasting for several seconds were felt over 200 miles away near the Massachusetts-New Hampshire border. The New York mayor told the press that New Yorkers should go about their normal day, while the governor Kathy Hochul emphasized the seriousness of the situation. She initiated assessments for damage across the state and had discussions with New Jersey Governor Phil Murphy. The quake caused flight delays throughout the New York area, with temporary control measures put in place across New York's John F. Kennedy International Airport, Newark Liberty International Airport in Newark, New Jersey, and Baltimore-Washington's Thurgood Marshall International Airport, checking for damage to runways. Operations resumed around Friday noon, ABC reported.

July 9 (Reuters) - German sportscar maker Porsche (P911_p.DE), opens new tab said on Tuesday that global vehicle deliveries were down 7% in the first half of the year compared to the same period in 2023, primarily driven by a 33% year-on-year drop in China. Porsche, majority-owned by Volkswagen (VOWG_p.DE), opens new tab, is highly exposed to the EU-China tariff tensions, with deliveries to China accounting for nearly 20% of global deliveries. An HSBC analyst pointed to weakness in the European car market, saying that "the market is, understandably, worried about China pricing weakness and the prospect of needing to pay dealer compensation." Overall, Porsche delivered 155,945 cars worldwide during the first six months of the year. In North America, deliveries were down 6% year-on-year. Meanwhile, in Porsche’s home market of Germany, deliveries increased by 22% to 20,811 vehicles.

A children's hospital in the Ukrainian capital was hit by a Russian missile on Monday as part of a wave of airstrikes across Ukraine that has killed at least 31 people and injured 154 others. "Russian terrorists have once again launched a massive missile attack on Ukrainian cities - Kiev, Dnipro, Kryvyi Rih, Slaviansk, Kramatorsk," said Ukrainian President Volodymyr Zelenskyy. Zelensky said Russia fired more than 40 missiles of different types at the five cities in daytime attacks, hitting residential buildings and public infrastructure. The Ukrainian air force said it intercepted 30 missiles. Authorities said the attack on Kiev killed seven people, while the attack on Kryvyi Rih, Zelensky's birthplace in central Ukraine, killed 10 and injured 47. United Nations Secretary-General António Guterres condemned the attacks, calling the assault on the Kiev hospital and another medical facility in the capital's Dniprovsky district "particularly egregious," said his spokesman, Stephane Dujarric. "Direct attacks on civilians and civilian objects are prohibited under international humanitarian law. Any such attacks are unacceptable and must cease immediately," Dujarric said. The U.N. Security Council will meet Tuesday to discuss the Russian strikes, diplomats said. The Russian Defense Ministry said the strikes targeted Ukrainian defense factories and a military aviation base and were successful. It denied striking any civilian facilities and claimed, without evidence, that photos from Kiev showed the damage was caused by a Ukrainian anti-aircraft missile. Ukrainian Air Force Colonel Yurii Ignat said Russia has been improving the effectiveness of its air strikes by equipping its missiles with enhanced features, including so-called heat decoys that can throw air defense systems off target. In comments sent to The Associated Press, he said the cruise missiles flew low in Monday's attack -- just 50 meters off the ground -- making them harder to hit. Western countries, led by the United States, have provided Ukraine with billions of dollars in arms support. They will hold a three-day NATO summit in Washington starting Tuesday to work out how to reassure Kiev of NATO's strong support and give Ukrainians hope that their country can survive the largest conflict in Europe since World War II. "Today's Russian missile strike that killed dozens of Ukrainian civilians and caused damage and loss of life to Kyiv's largest children's hospital is a horrifying reminder of Russia's brutality," U.S. President Joe Biden said in a statement Monday. "It is critical that the world continues to stand with Ukraine at this important moment and that we do not ignore Russian aggression." Biden said in the statement that he will meet with President Zelensky during the NATO summit in Washington this week "to make clear our unwavering support for Ukraine." Biden continued: "We will join our allies in announcing new measures to strengthen Ukraine's air defenses and help protect their cities and civilians from Russian attacks. The United States stands with the Ukrainian people." Czech President Petr Pavel said the hospital attack was "inexcusable" and he hoped the NATO summit would reach a consensus that Russia is "the greatest threat and we must be fully prepared to deal with it." Zelensky said during a visit to Poland that he hoped the NATO summit would provide Ukraine with more air defense systems. The Ukrainian leader said rescuers were digging through the rubble of the Ohmatdit Children's Hospital in Kyiv and that the number of casualties was not yet known. Kyiv Mayor Vitali Klitschko said at least 16 people were injured, including seven children, and the attack caused a two-story wing of the hospital to partially collapse. Doors and windows were blown off the hospital's 10-story main building, and the walls were charred. The floor of one room was splattered with blood. Hospital officials said the intensive care unit, operating room and oncology department were damaged.

The UAE insurance sector continued to grow in Q4-2023, as reflected by increase in the gross written premiums. As of year-end, the number of licensed insurance companies in the UAE remained at 60, according to the Central Bank of the UAE's (CBUAE) Quarterly Economic Review (Q4-2023). The insurance sector comprised 23 traditional national companies, 10 Takaful national and 27 foreign companies, while the number of insurance related professions remained at 491. The review on insurance sector structure and activity showed that the gross written premium increased by 12.7% Y-o-Y in Q4 2023 to AED 53.2 billion, mostly due to an increase in health insurance premiums by 16.5% Y-o-Y and an increase in property and liability insurance premiums by 18.9% Y-o-Y, while the insurance of persons and fund accumulation premiums decreased by 12.4% Y-o-Y, resulting primarily from decrease in individual life premiums. Gross paid claims of all types of insurance plans increased by 12.8% Y-o-Y to AED 31.1 billion at the end of 2023. This was mainly driven by the increase in claims paid in health insurance by 16.9% Y-o-Y and increase in paid claims in property and liability insurance by 10.9% Y-o-Y, partially offset by the decline in claims paid in insurance of persons and fund accumulation by 2.8% Y-o-Y. The total technical provisions of all types of insurance increased by 8.4% Y-o-Y to AED 74.4 billion in Q4 2023 compared to AED68.6 billion in Q4 2022. The volume of invested assets in the insurance sector amounted to AED 76 billion (60.4% of total assets) in Q4 2023 compared to AED 71.4 billion (59.4% of total assets) in Q4 2022. The retention ratio of written insurance premiums for all types of insurance was 52.9 % (AED 28.1 billion) in Q4 2023, compared to 54.9% (AED 25.9 billion) at the end of 2022. The UAE insurance sector remained well capitalized in terms of early warning ratios and risk assessment. Own funds to minimum capital requirement ratio increased to 335.7% in Q4 2023, compared to 309.3% at the end of 2022, due to an increase in own funds eligible to meet the minimum capital requirements. Also, own funds to solvency capital requirement ratio rose to 221% in Q4 2023 compared to 208.5% in Q4 2022, due to an increase in own funds eligible to meet solvency capital requirements. Finally, own funds to minimum guarantee fund ratio reached to 316.3% at the end of 2023 down from 314.6% a year earlier, due to higher eligible funds to meet minimum guarantee funds. In terms of profitability, the net total profit to net written premiums increased to 6.5% in Q4 2023, compared to 2.9% at the end of 2022. The return on average assets increased to 0.3% in Q4 2023 compared to the 0.1% at the of the previous year.

The Sun is extremely active right now, blasting the Earth with the biggest solar storms in 20 years. This is what it is doing to the rest of the Solar System. If you happened to look skywards on a few nights in May 2024, there was a good chance of seeing something spectacular. For those at relatively low latitudes, there was a rare chance to see the flickering red, pink, green glow of our planet's aurorae. A powerful solar storm had sent bursts of charged particles barrelling towards Earth and, as they bounced around in our planet's atmosphere, they unleashed spectacular displays of the Northern and Southern Lights. The dazzling displays of aurora borealis were visible far further south than they might normally be – and far further north in the case of aurora australis thanks to the power of the geomagnetic storm, the strongest in two decades. Although some people experienced only a faint, eerie glow, others were treated to a myriad of colour as far south as London in the UK and Ohio in the US. Reports even came in from just to the north of San Francisco, California. But while this spike in activity from the Sun left many on Earth transfixed by the light display it produced, it has also had a profound effect elsewhere in the Solar System. As most of us wondered at the colours dancing across the night's sky, astronomers have been peering far beyond to see the strange ways such intense bursts of particles affect other planets and the space between them. "The Sun can fire material outwards in any direction like a garden sprinkler," says Jim Wild, a professor of space physics at Lancaster University in the UK. "The effects are felt throughout the Solar System." Our Sun is currently heading towards, or has already reached, its solar maximum – the point in an 11-year cycle where it is most active. This means the Sun produces more bursts of radiation and particles from solar flares and events known as coronal mass ejections (CMEs). If these are sprayed in our direction, they can supercharge the Earth's magnetic field, causing magnificent aurorae but also posing problems for satellites and power grids. "Things really seem to be picking up right now," says Mathew Owens, a space physicist at the University of Reading in the UK. "I think we're about at solar maximum now, so we may see more of these kinds of storms in the next couple of years." Around the Sun, multiple spacecraft are observing this increase in activity up close. One of those, the European Space Agency's (Esa) Solar Orbiter, has been studying the Sun since 2020 on an orbit that takes it within the path of Mercury. Currently the spacecraft is "on the far side of the Sun as seen from Earth", says Daniel Müller, project scientist for the Solar Orbiter mission at Esa in the Netherlands. "So we see everything that Earth doesn't see." The storm that hit Earth in May originated from an active region of solar flares and sunspots, bursts of plasma and twisting magnetic fields on the Sun's surface, known as its photosphere. Solar Orbiter was able to see "several of the flares from this monster active region that rotated out of Earth's view", says Müller, bright flashes of light and darkened regions called sunspots on the Sun's surface. One of the goals of Solar Orbiter is "to connect what's happening on the Sun to what's happening in the heliosphere," says Müller. The heliosphere is a vast bubble of plasma that envelops the Sun and the planets of the Solar System as it travels through interstellar space. What Müller and his colleagues hope to learn more about is where the solar wind – the constant stream of particles spilling out from the Sun across the Solar System – "blows into the interstellar medium", he says. "So we are particularly interested in anything energetic on the Sun that we can find back in the turbulence of the solar wind." This particular cycle, cycle 25, appears to be "significantly more active than what people predicted", says Müller, with the relative sunspot number – an index used to measure the activity across the visible surface of the Sun – eclipsing what was seen as the peak of the previous solar cycle. The National Oceanic and Atmospheric Administration (Noaa) in the US had predicted a maximum monthly average of 124 sunspots a day in May, but the actual number was 170 on average, with one day exceeding 240, according to Müller. But the exact cause of the Sun's 11-year-long cycle and its variabilities remains a bit of a mystery. • Alien aurora: The strange displays that light up other worlds • Why Einstein was wrong about black holes • The Moon is slipping away from the Earth – and our days are getting longer The effects of these changes in solar activity, however, extend far across the Solar System. Earth is not the only planet to be hit by solar storms as they billow across interplanetary space. Mercury, the closest planet to the Sun, has a much weaker magnetic field than Earth – about 100 times less – and lacks a substantial atmosphere. But solar activity can cause the surface of the planet to glow with X-rays as solar wind rains down. Venus also lacks a substantial magnetic field, but the planet does still create auroras as the solar wind interacts with the planet's ionosphere. At Mars, the effect of solar activity is more obvious. Here, a Nasa spacecraft called Maven (Mars Atmosphere and Volatile Evolution) has been studying the planet's atmosphere from orbit since 2014. "We were on the declining side of solar cycle 24 [then]," says Shannon Curry, a planetary scientist at the University of Colorado, Boulder in the US and the lead on the mission. "We are now coming up on the peak of cycle 25, and this latest series of active regions has produced the strongest activity Maven has ever seen." Between 14 and 20 May the spacecraft detected exceptionally powerful solar activity reaching Mars, including an X8.7 – solar flares are ranked B, C, M, and X in order from weakest to strongest. Results from the event have yet to be studied, but Curry noted that a previous X8.2 flare had resulted in "a dozen papers" published in scientific journals. Another flare on 20 May, later estimated to be an even bigger X12, hurled X-rays and gamma rays towards Mars before a subsequent coronal mass ejection launched a barrage of charged particles in the same direction. Images beamed back from Nasa's Curiosity Rover on Mars revealed just now much energy struck the Martian surface. Streaks and dots caused by charged particles hitting the camera's sensors caused the images to "dance with snow", according to a press release from Nasa. Maven, meanwhile, captured glowing aurora as the particles hit the Mars' atmosphere, engulfing the entire planet in an ultraviolet glow. The flares can cause the temperature of the Martian atmosphere to "dramatically increase," says Curry. "It can even double in the upper atmosphere. The atmosphere itself inflates. The entire atmosphere expands dozens of kilometres – exciting for scientists but detrimental for spacecraft, because when the atmosphere expands there's more drag on the spacecraft." The expanding atmosphere can also cause degradation of the solar panels on spacecraft orbiting Mars from the increase in radiation. "The last two flares caused more degradation than what a third of a year would typically do," says Curry. Mars, while it has lost most of its magnetic field, still has "crustal remnant magnetic fields, little bubbles all over the southern hemisphere", says Curry. During a solar event, charged particles can light those up and excite particles. "The entire day side lights up in what we call a diffuse aurora," says Curry. "The entire sky glows. This would most likely be visible to astronauts on the surface." By the time solar storms reach further out into the solar system, they tend to have dissipated but can still have an impact on the planets they encounter. Jupiter, Saturn, Uranus, and Neptune all have aurorae that are in part driven by charged particles from the Sun interacting with their magnetic fields. But one of the key effects of solar activity on interplanetary space that astronomers are eager to study is something called "slow solar wind", a more sluggish, but denser stream of charged particles and plasma from the Sun. Steph Yardley, a solar astronomer at Northumbria University in the UK, says solar wind is "generally classed about 500km/s (310 miles/s)", but slow wind falls below this. It also has a lower temperature and tends to be more volatile. Recent work by Yardley and her colleagues, using data from Solar Orbiter, suggests that the Sun's atmosphere, its corona, plays a role in the speed of the solar wind. Regions where the magnetic field lines, the direction of the field and charged particles are "open" – stretching out into space without looping back – provide a highway for solar wind to reach high speeds. Closed loops over some active regions – where the magnetic field lines have no beginning and end – can occasionally snap, producing slow solar wind. The variability in the slow solar wind seems to be driven by the unpredictable flow of plasma inside the Sun, which makes the magnetic field particularly chaotic. The X-class flares and coronal mass ejections seen in May transformed the interplanetary medium as they flung out material across the solar system. Solar Orbiter detected a huge spike in ions moving at thousands of kilometres per second immediately after the 20 May flare. Computers on board other spacecraft – the BepiColombo probe, which is currently on a seven-year journey to Mercury, and Mars Express, in orbit around the Red Planet – both saw a dramatic increase in the number of memory errors caused by the high energy solar particles hitting the memory cells. The day after the coronal mass ejection, magnetometers on board the Solar Orbiter also saw large swings in the magnetic field around the spacecraft as a huge bubble of plasma made up of charged particles thrown out from by the event washed past it at 1,400km/s (870 miles/s). Increased solar activity is a boon for scientists. "If you track the number of papers produced by solar physicists, you can almost see an 11-year cycle in there," says Owens. "We are all more scientifically productive when there's a lot of activity to study." As the Sun continues into solar maximum, the Solar System will see more and more activity streaming from its surface. Yet while all the planets witness at least some of the activity, our planet bears the brunt more than most. "Earth is slightly unique in that space weather can have interesting effects on human technologies," says Wild. "There's an extra dimension here on Earth." Perhaps one day those anthropogenic effects might be felt elsewhere, too. "If you're going to fly to Mars and you have a six-month flight through the interplanetary environment, you're going to potentially suck up a lot of space weather events," says Wild. "How you protect your astronauts is an interplanetary issue that we need to get our heads around."