News
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Independent oil producer Battalion Oil Q2 revenue falls
OverviewBattalion Oil Q2 revenue declines due to lower average realized prices per BoeCompany reports adjusted EBITDA increase to $18.1 mln, despite net lossCompletion of six-well plan ahead of schedule, positive production resultsOutlookCompany working to redirect gas production after AGI facility ...Reuters
Thu, Aug 14
Geely Automobile Reports Net Loss Was RMB287 Million For Q2 For Zeekr
Aug 14 (Reuters) - Geely Automobile 0175.HK:Q2 TOTAL VEHICLE DELIVERIES WERE 130,866 UNITS FOR ZEEKR INTELLIGENT TECHNOLOGYNET LOSS WAS RMB287 MILLION FOR Q2 FOR ZEEKRQTRLY TOTAL REVENUES RMB27,431 MILLION FOR ZEEKR INTELLIGENT TECHNOLOGYReuters
Thu, Aug 14
VinFast to spin off R&D assets, sell shares to founder for $1.5 billion
Aug 14 (Reuters) - VinFast VFS.O will spin off certain research and development assets into a new entity, Novatech, and sell all its shares to founder Pham Nhat Vuong for about 39.8 trillion Vietnamese Dong ($1.52 billion), the EV maker said on Thursday.($1 = 26,230.0000 dong)Reuters
Thu, Aug 14
Emerald Holding's Unit Enters First Amendment To Senior Secured Credit Facilities
Aug 14 (Reuters) - Emerald Holding Inc EEX.N:EMERALD HOLDING INC - ON AUG 13, CO'S UNIT ENTERS FIRST AMENDMENT TO SENIOR SECURED CREDIT FACILITIES - SEC FILINGEMERALD HOLDING INC - INTENDS TO INCUR REPRICED TERM LOANS OF $515 MILLION - SEC FILINGReuters
Thu, Aug 14
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
