Today: September 24, 2024
Today: September 24, 2024

Latest From Reuters

Asia|Economy|Finance

China central bank adviser calls for greater stimulus, inflation goal

China should ramp up its fiscal stimulus to spur economic growth and set a firm inflation target to prevent the country falling into a "low inflation trap", a central bank policy

China central bank adviser calls for greater stimulus, inflation goal
Asia|Business|Technology

Audi's new China EV series won't have signature four-ring logo, sources say

Audi's new electric cars series developed in China for the Chinese market will not sport its four-ring logo, two people with direct knowledge of the plans said.

Audi's new China EV series won't have signature four-ring logo, sources say
Business|Finance|Stock Markets|Technology

Amazon shares drop on slowing online sales growth

Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth in the second quarter and said consumers were seeking out cheaper

Amazon shares drop on slowing online sales growth
Business|MidEast|World

Italy's ITA Airways suspends flights to and from Tel Aviv until Aug. 6

Italy's ITA Airways is suspending flights to and from Tel Aviv "due to the geopolitical developments in the Middle East and to ensure the safety of its passengers and crews", the

Italy's ITA Airways suspends flights to and from Tel Aviv until Aug. 6
Business|Economy

US launches antitrust probe into Nvidia over sales practices, The Information reports

The U.S.

US launches antitrust probe into Nvidia over sales practices, The Information reports
News|Technology

Turkey blocks access to Instagram for failure to comply with laws

Turkey blocked access to social media platform Instagram on Friday for failing to comply with the country's "laws and rules", a government minister said.

Turkey blocks access to Instagram for failure to comply with laws
News|World

Blinken, UAE discuss ceasefire efforts in Gaza, statement

U.S.

Blinken, UAE discuss ceasefire efforts in Gaza, statement
Business|Europe|Finance|Stock Markets

New worries over growth spook markets

A look at the day ahead in European and global markets from Rae Wee It's been a rollercoaster ride of a week and Friday is shaping up to be no exception for investors, with risk assets in particular

New worries over growth spook markets
News|World

Biden says killing of Hamas leader Haniyeh not helpful for ceasefire talks

U.S.

Biden says killing of Hamas leader Haniyeh not helpful for ceasefire talks
Economy|Finance

Australia, NZ dollars grapple with risk aversion as US growth fears weigh

The Australian dollar was pinned near three-month lows on Friday as weak U.S. data fuelled fears of a sharp slowdown in the world's largest economy, sending investors to the embrace

Australia, NZ dollars grapple with risk aversion as US growth fears weigh
News

Building fire in Manila's Chinatown kills 11

At least 11 people died on Friday in a fire in a five-storey residential and commercial building in the Chinatown precinct of the Philippine capital, a community official said.

Building fire in Manila's Chinatown kills 11
News

Plane carrying detainees released by Russia lands in US

A plane carrying detainees released by Russia landed in the United States late on Thursday at Joint Base Andrews, Maryland, media footage showed.

Plane carrying detainees released by Russia lands in US
Europe|News|World

Crimea building evacuated after being hit by ATACMS, Russian official says

Authorities in the Russian-controlled city of Sevastopol in Crimea are evacuating a nine-storey residential building after it was hit by a fragment of an ATACMS missile, the Russian-

News|World

Australia says Israel did not deliberately kill foreign aid workers in Gaza

Israeli air strikes that killed international aid workers in Gaza in April were the result of serious operational failures but were not intentional, according to an

Australia says Israel did not deliberately kill foreign aid workers in Gaza
Business|Finance|Stock Markets

Buffett's sales of Bank of America top $3.8 billion

Berkshire Hathaway, run by billionaire Warren Buffett, extended its selling of Bank of America shares, and has shed more than $3.8 billion of the second-largest U.S.

Buffett's sales of Bank of America top $3.8 billion
Crime|News

Australian police make $538 million drug seizure in machines imported from U.S.

Australian police said on Friday they seized about A$828 million ($538 million) worth of methamphetamine hidden inside industrial machinery shipped from the United States.

Europe|News|World

Drone fragments hit areas of Sevastopol in Russian-occupied Crimea, governor says

Fragments from at least four drones downed by Russian air defences struck areas of the port of Sevastopol early on Friday in Russian-occupied Crimea, the Russia-appointed governor said.

Drone fragments hit areas of Sevastopol in Russian-occupied Crimea, governor says
Asia|Business|Finance

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a stronger-than-expected 14% year-on-year jump in second quarter net

OCBC's Q2 profit tops expectations, says on track to meet 2024 targets
Asia|Business|Economy

South Korea inflation ticks up in July after three months of weakening

South Korea's consumer inflation ticked up in July on supply-side pressures after weakening for three straight months, official data showed on Friday, coming in slightly higher than

South Korea inflation ticks up in July after three months of weakening
Business|Finance

Insurer Ryan Specialty strikes up to $1.48 billion deal for US Assure

Insurer Ryan Specialty said on Thursday it has agreed to buy specialized builder's risk insurance firm US Assure Insurance Services of Florida.

Business|Finance

Mettler-Toledo forecast dull third-quarter profit on weak China demand

Medical equipment maker Mettler-Toledo International forecast third-quarter profit below estimates on Thursday, a sign of a weaker-than-expected recovery in sales in its key market China.

Americas|News

US Justice Dept. is investigating Nvidia's acquisition of AI startup, Politico reports

The U.S.

US Justice Dept. is investigating Nvidia's acquisition of AI startup, Politico reports
Asia|Economy

China needs more than 'incremental' consumer stimulus longer term

China's efforts to boost household spending are expected to help the economy hit the government's 2024 growth target of roughly 5%, but the authorities may have to do more for

China needs more than 'incremental' consumer stimulus longer term
Business|News

Boeing's new CEO Kelly Ortberg faces a major overhaul, from factories to finances

Boeing's incoming boss, Kelly Ortberg, faces a herculean task when he starts next week -  restoring the might of a U.S. corporate powerhouse rocked by multiple crises.  

Boeing's new CEO Kelly Ortberg faces a major overhaul, from factories to finances
Business|News

Consolidated Edison beats second-quarter profit estimates

Electric and gas utility Consolidated Edison beat second-quarter profit estimates on Thursday, as customers cranked up air conditioners and refrigerators during hotter weather.

Consolidated Edison beats second-quarter profit estimates

Follow