MOSCOW -The rouble slid past 61 to the dollar on Monday as the conversion of depository receipts in Russian companies to local shares got underway, and as foreign investors from …
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Myanmar court jails Suu Kyi for six years for corruption – source
by Reutersby Reuters(Reuters) -A court in military-ruled Myanmar sentenced deposed leader Aung San Suu Kyi to six years in prison on Monday after finding her guilty in four corruption cases, a source …
- Financial News
Bayer launches sustainable agriculture hub to connect U.S. farmers, food and fuel makers
by Reutersby ReutersBy Karl Plume St. Louis, Missouri – Agricultural seeds and chemicals maker Bayer AG on Monday launched a digital farming platform that it says will help U.S. growers enact environmentally …
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U.S. actor Anne Heche taken off life support 9 days after car crash
by Reutersby ReutersBy Lisa Richwine LOS ANGELES -American actor Anne Heche was taken off life support on Sunday, nine days after suffering severe injuries in a fiery car crash, as a compatible …
- Financial News
Japan’s economy stages modest bounce from COVID jolt, global outlook darkens
by Reutersby ReutersBy Leika Kihara and Tetsushi Kajimoto TOKYO -Japan’s economy rebounded at a slower-than-expected pace in the second quarter from a COVID-induced slump, data showed on Monday, highlighting uncertainty on whether …
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Modi says India aims to become developed nation in 25 years
by Reutersby ReutersBy Manoj Kumar NEW DELHI – India will aim to become a developed nation within 25 years, Prime Minister Narendra Modi said in a national day address on Monday, with …
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Israeli forces kill Palestinian during West Bank raid
by Reutersby ReutersRAMALLAH, West Bank – Israeli security forces on Monday shot dead a Palestinian who tried to stab officers during a raid in the occupied West Bank, Israeli police said. The …
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Exclusive-Inspired Entertainment in bid to buy slot machine maker PlayAGS – sources
by Reutersby ReutersBy Svea Herbst-Bayliss and Krystal Hu (Reuters) – Gaming equipment provider Inspired Entertainment has made a $370 million offer to acquire slot machine maker PlayAGS Inc, people familiar with the …
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China regulator says Alibaba, Tencent have submitted app algorithm details
by Reutersby ReutersSHANGHAI – China’s top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group have submitted details of algorithms used in some of their products, complying …
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Seagen loses arbitration against Daiichi Sankyo over drug technology
by Reutersby Reuters(Reuters) -U.S. drugmaker Seagen Inc said on Friday an arbitrator had ruled in favor of Japan’s Daiichi Sankyo over an agreement between the two companies for using its drug technology. …
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Idaho top court allows near-total abortion ban to take effect
by Reutersby ReutersBy Nate Raymond (Reuters) -Idaho’s top court on Friday refused to stop a Republican-backed state law criminalizing nearly all abortions from taking effect after the U.S. Supreme Court overturned the …
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AstraZeneca says data confirms Enhertu benefit in breast cancer patients
by Reutersby ReutersBy Natalie Grover and Pushkala Aripaka (Reuters) -AstraZeneca said a late-stage trial had confirmed the benefit of breast cancer drug Enhertu in patients with an advanced form of the disease …
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Chinese developers in ‘survival mode’ slash property investment
by Reutersby ReutersBEIJING -Chinese developers in “survival mode” sharply cut property investment in July while new construction starts suffered their biggest fall in nearly a decade, suggesting the liquidity-challenged sector is not …
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By Orathai Sriring and Kitiphong Thaichareon BANGKOK -Thailand’s economy expanded at the fastest pace in a year in the second quarter as eased COVID-19 restrictions boosted activity and tourism, reinforcing …
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Explainer-What to watch out for as talks on U.S.-China audit deal drag on
by Reutersby ReutersBy Xie Yu HONG KONG -Five U.S.-listed Chinese state-owned companies whose audits are under scrutiny by the U.S. securities regulator said on Friday they would voluntarily delist from the New …
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Man dies after crashing car, firing gunshots near U.S. Capitol
by Reutersby ReutersBy David Shepardson WASHINGTON – A 29-year-old Delaware man died in an apparent suicide early on Sunday after crashing his car into a barricade near the U.S. Capitol and firing …
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Salman Rushdie off ventilator and ‘road to recovery has begun,’ agent says
by Reutersby ReutersBy Nathan Layne (Reuters) -Salman Rushdie, the acclaimed author who was stabbed repeatedly at a public appearance in New York state on Friday, 33 years after Iran’s then-supreme leader called …
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Australia Westpac’s bad debt falls, set to weather property downturn
by Reutersby Reuters(Reuters) – Westpac Banking Corp, Australia’s third-largest mortgage lender, said on Monday its bad debt fell to a multi-year low in the June quarter, setting up a financial buffer as …
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Qantas expanding Australia freight fleet to meet online shopping demand
by Reutersby ReutersSYDNEY -Australia’s Qantas Airways said on Monday it would add six Airbus SE A321 converted freighters to its domestic fleet to replace five ageing Boeing Co 737s and expand capacity …
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China unexpectedly cuts 2 key rates, withdraws cash from banking system
by Reutersby ReutersSHANGHAI -China’s central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive …
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By Sam Nussey TOKYO -SoftBank Group Corp’s decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed at bolstering its finances, but it …
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Israeli strikes hit Iranian targets near Russia’s Mediterranean bases – sources
by Reutersby ReutersBy Suleiman Al-Khalidi AMMAN -Israel hit Iranian targets in a series of strikes on Sunday near the ancestral home region of Syrian President Bashar al Assad, and close to Russia’s …
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China new bank loans tumble more than expected amid property jitters
by Reutersby ReutersBy Kevin Yao and Ella Cao BEIJING -New bank lending in China tumbled more than expected in July while broad credit growth slowed, as fresh COVID flare-ups, worries about jobs …
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Putin says Russia and North Korea will expand bilateral relations – KCNA
by Reutersby ReutersBy Josh Smith SEOUL -Russian President Vladimir Putin told North Korean leader Kim Jong Un the two countries will “expand the comprehensive and constructive bilateral relations with common efforts,” Pyongyang’s …
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U.S. lawmakers arrive in Taiwan with China tensions simmering
by Reutersby ReutersBy Ben Blanchard and David Shepardson TAIPEI/WASHINGTON -A delegation of U.S. lawmakers arrived in Taiwan on Sunday for a two-day trip during which they will meet President Tsai Ing-wen, the …