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Insurance companies reported double-digit falls in profits for the second quarter despite rising revenues after their securities market investments returned losses. Baoviet Insurance, the biggest player, saw profits plummet by 28% year-on-year to VND317 billion ($13.55 million). Petrolimex Joint Stock Insurance Company (PJICO)’s profits tumbled by 30% to VND73.9 billion, …

A “monster” wildfire raged for a third day in southwestern France on Thursday, ravaging forests and forcing 10,000 people to evacuate their homes. With no let-up in scorching temperatures likely before the weekend, firefighters backed by water-bombing aircraft battled on many fronts, saying the massive fire could change direction at …

Several Hanoi locations recorded rain levels of over 200 mm since Thursday night, inundating multiple streets and paralyzing traffic on Friday morning. Due to the impacts of a tropical depression that used to be storm Mulan, rains poured down in Hanoi the entire Thursday, getting heavier towards the afternoon. From …