News
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VinFast Spins Off Unit, Transfers Shares to Pham Nhat Vuong
Aug 14 (Reuters) - VinFast Auto Ltd VFS.O:VINFAST AUTO LTD - SPIN-OFF OF NEW COMPANY FROM VINFAST TRADING AND PRODUCTION JSC AND SHARE TRANSFER OF NEW COMPANY TO PHAM NHAT VUONGVINFAST AUTO LTD - VFTP TO REMAIN DIRECT UNIT OF CO AND CONTINUE TO OPERATE CO’S CORE ELECTRIC VEHICLE MANUFACTURING BUSINE...Reuters
Thu, Aug 14
Fed's Daly says 50 basis point rate cut next month doesn't seem warranted, WSJ reports
Aug 14 (Reuters) - San Francisco Federal Reserve President Mary Daly has pushed back against the need for an interest rate cut of 50 basis points at the Federal Reserve's September meeting, the Wall Street Journal reported on Thursday.Reuters
Thu, Aug 14
China's Xunlei Q2 revenue, profit rises
OverviewXunlei Q2 revenue rises 30.6% yr/yr to $104 mlnNet income surges to $727.4 mln, driven by investment gainsSubscription, live-streaming, and cloud computing businesses show robust growthOutlook China's peer-to-peer file sharing software maker estimates Q3 2025 revenue between $116 mln and...Reuters
Thu, Aug 14
Deere's third-quarter profit falls
Aug 14 (Reuters) - Farm-equipment maker Deere & Co DE.N reported a lower third-quarter profit on Thursday, hurt by muted demand and headwinds from U.S. tariffs.The company's net income in the quarter came in at $1.29 billion, or $4.75 per share, compared with $1.73 billion, or $6.29 per shar...Reuters
Thu, Aug 14
Novo Nordisk launches weight-loss drug Wegovy in South Africa
By Nqobile Dludla and Siyanda Mthethwa JOHANNESBURG, Aug 14 (Reuters) - Danish drugmaker Novo Nordisk NOVOb.CO introduced its weight-loss drug Wegovy in South Africa on Thursday, marking its debut in Africa and stepping up competition with Eli Lilly's LLY.N Mounjaro launched in the country ei...Reuters
Thu, Aug 14
France's Macron says Trump open to security guarantees for Ukraine
PARIS, Aug 14 (Reuters) - French President Emmanuel Macron said U.S. President Donald Trump expressed a willingness to European leaders on Wednesday that the United States and other allies should be part of giving Ukraine security guarantees to end Russia's war in Ukraine.Macron said Trump, in a...Reuters
Thu, Aug 14
IN CASE YOU MISSED IT–Schedule of Reuters features from this week
Aug 14 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world.Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of ...Reuters
Thu, Aug 14
EXPLAINER-Can Trump take long-term control of Washington's police?
By Jan Wolfe Aug 14 (Reuters) - U.S. President Donald Trump on Wednesday said he will seek long-term federal control of Washington's police force to crack down on crime in the nation’s capital. But Trump can expect a flurry of lawsuits if he tries to do so without Congress's approv...Reuters
Thu, Aug 14
US military deploying forces to southern Caribbean against drug groups
By Steve Holland and Idrees Ali WASHINGTON, Aug 14 (Reuters) - The United States has ordered the deployment of U.S. air and naval forces to the Southern Caribbean Sea to address threats from Latin American drug cartels, two sources briefed on the decision told Reuters on Thursday.The sources had ...Reuters
Thu, Aug 14
CULTURE CURRENT-Amy Berg on ‘It’s Never Over, Jeff Buckley' and capturing the man behind the myth
By Yasmeen Serhan Aug 14 - Some artists become timeless because their work transcends eras, resonating with new generations long after their time; others are immortalized because their lives — and careers — ended far too soon. Jeff Buckley, whose ethereal voice and singular 1994 album “Grace” ear...Reuters
Thu, Aug 14
EXCLUSIVE- Trump ally Erik Prince plans to keep forces in Haiti for 10 years to fight gangs and collect taxes
Blackwater founder and Trump supporter says he can secure Haiti's main roads in about a yearAgreements would give Prince's firm a role in economy for a decadePrivate force to intensify fight against gangs with snipers, helicopters and boats - sourceBy Anna Hirtenstein, Sarah Morland and Haro...Reuters
Thu, Aug 14
Zelenskiy says Ukraine has secured $1.5 billion from European allies for US weapons
KYIV, Aug 14 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Thursday that Kyiv had so far secured $1.5 billion from its European allies to purchase U.S. weapons as part of a mechanism that he said "truly strengthens our defense.""As of today, we already have $1.5 billion ple...Reuters
Thu, Aug 14
Golar LNG Q2 adjusted EBITDA misses estimates
OverviewGolar Q2 2025 adjusted EBITDA of $49 mln missed analyst expectations, per LSEG dataCompany added $13.7 bln in adjusted EBITDA backlog from FLNG chartersGolar closed $575 mln convertible senior notes due 2030 offering, repurchased 2.5 mln sharesOutlookGolar expects MKII FLNG delivery in Q4 20...Reuters
Thu, Aug 14
BP Marsh backs new reinsurance vehicle to support XPT program growth
Gambit Re supports XPT's growth and financial flexibilityBP Marsh invests $5 million for 8% preferred equity shareXPT senior management invests $10 millionXPT CEO highlights innovation and partnership with BP MarshBy Ryan HewlettAug 14 - (The Insurer) - London-listed venture capital investor BP ...Reuters
Thu, Aug 14
Automation firm NICE posts higher Q2 revenue on AI demand
OverviewNICE Q2 2025 cloud revenue grows 12% yr/yr, driven by AI demandTotal revenue of $726.7 mln exceeds high end of co's guidance rangeAdjusted EPS for Q2 2025 grows 14%, at top of co's expected rangeOutlookNICE sees Q3 2025 revenue between $722 mln and $732 mlnNICE expects Q3 2025 EPS be...Reuters
Thu, Aug 14
FACTBOX-Food companies to phase out artificial colors amid 'Make America Healthy Again' campaign
Aug 14 (Reuters) - Packaged food makers in the U.S. have rolled out plans to eliminate the use of FD&C colors - a category of synthetic dyes - from their products, responding to Health Secretary Robert F. Kennedy Jr.'s Make America Healthy Again initiative and changing consumer preferences.I...Reuters
Thu, Aug 14
Russia says it captures two settlements in eastern Ukraine
MOSCOW, Aug 14 (Reuters) - Russia's Defence Ministry said on Thursday that Russian forces had captured the settlements of Scherbynivka and Andriivka-Klevtsove in Ukraine's eastern Donetsk region.In a statement, it referred to the second settlement as Iskra, using the Russian name for it.Reut...Reuters
Thu, Aug 14
