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US suspends visa processing in Zimbabwe, embassy says
HARARE, Aug 20 (Reuters) - The United States has stopped processing most visas in Zimbabwe until further notice, its embassy in the capital Harare said on Wednesday, citing unspecified concerns with the government. "We have paused routine visa services in Harare while we address concerns with th...Reuters
Wed, Aug 20
Chinese cloud services provider Kingsoft Cloud Q2 revenue up 24.2%, loss widens on higher costs
OverviewKingsoft Cloud Q2 revenue rises 24.2% yr/yr to RMB2,349.2 mlnPublic cloud services revenue grows 31.7% yr/yr, driven by AI demandNet loss widens to RMB456.9 mln due to higher credit loss expensesResult DriversAI BUSINESS GROWTH - AI gross billing increased by over 120% yr/yr to RMB728.7 mln,...Reuters
Wed, Aug 20
REFILE-Hong Kong democrat Jimmy Lai's lawyer defends basic rights in trial's final stretch
Media tycoon, 77, faces maximum life sentence in national security trialTrial seen as test of judicial independence in financial hub Hong KongLai 'mastermind' of foreign collusion conspiracy, prosecution saysBy Jessie Pang and James Pomfret HONG KONG, Aug 20 (Reuters) - The lawyer for Hon...Reuters
Wed, Aug 20
RPT-BREAKINGVIEWS-A $6 bln broadcast tie-up adjusts the M&A picture
By Jonathan Guilford NEW YORK, Aug 19 (Reuters Breakingviews) - There is nothing wrong with your television set: pugilistic dealmakers now control the transmission. On Tuesday, TV broadcaster Nexstar Media NXST.O agreed to acquire rival Tegna TGNA.N for $6.2 billion. The companies boldly adverti...Reuters
Wed, Aug 20
DIARY-Political and General News Events from August 20
Aug 20 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Wed, Aug 20
Erdogan tells Putin Turkey supports Ukraine peace effort
ANKARA, Aug 20 (Reuters) - Turkey supports efforts to establish a permanent peace in Ukraine with the participation of all parties, President Tayyip Erdogan told his Russian counterpart Vladimir Putin in a phone call on Wednesday, the Turkish presidency said. Erdogan also told Putin he was closely f...Reuters
Wed, Aug 20
JPMorgan and MUFG near $22 billion data center financing deal in Texas, FT reports
Aug 20 (Reuters) - U.S. lender JPMorgan Chase JPM.N and Japan's Mitsubishi UFJ Financial Group 8306.T are in talks to underwrite a $22 billion loan for a planned data center in Texas, the Financial Times reported on Wednesday.The campus will be developed by Vantage Data Centers, a digital infras...Reuters
Wed, Aug 20
FACTBOX-Healthcare firms see growing activist investor involvement in the past year
Aug 20 (Reuters) - Activist investors have targeted major healthcare companies over the past year to push them to improve their performance, with some campaigns only coming to light after announcements of board changes. Below are some notable healthcare companies that came under activist pressure in...Reuters
Wed, Aug 20
Lavrov says Russia is ready to discuss political aspects of a settlement with Ukraine
MOSCOW, Aug 20 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Wednesday that Moscow is ready to discuss the political aspects of a settlement with Ukraine.Russia is ready to conduct talks in any format and to raise the level of delegations in negotiations, he added. But he repeated Mosco...Reuters
Wed, Aug 20
TJX raises annual profit forecast on strong demand
Aug 20 (Reuters) - TJX Cos TJX.N raised its annual profit forecast on Wednesday, betting on resilient demand at its off-price retail stores even as macroeconomic uncertainties loom.The TJ Maxx parent expects earnings per share for fiscal 2026 to be between $4.52 and $4.57, compared with its previous...Reuters
Wed, Aug 20
Russia says its forces advance in Ukraine's Dnipropetrovsk region
MOSCOW, Aug 20 (Reuters) - Russian forces have advanced in the east of Ukraine's Dnipropetrovsk region, taking the village of Novoheorhiivka close to the Donetsk region, Russia's defence ministry said on Wednesday. Russian forces said in July they had taken their first village in Dniprope...Reuters
Wed, Aug 20
AI agent startup TinyFish raises $47 million in ICONIQ-led round
Aug 20 (Reuters) - AI startup TinyFish has raised $47 million in a Series A funding round led by ICONIQ Capital to scale its platform for building and deploying AI-powered web agents, the company told Reuters.The round included participation from USVP, MongoDB Ventures and Sheryl Sandberg's Sand...Reuters
Wed, Aug 20
Morning News Call - Canada, August 20
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0830 New Housing...Reuters
Wed, Aug 20
Chinese data center operator GDS Holdings' Q2 revenue up 12.4%
OverviewGDS Holdings Q2 revenue rises 12.4% Y-o-Y to RMB2.9 blnNet loss narrows to RMB70.6 mln from RMB231.8 mln Y-o-YAdjusted EBITDA increases 11.2% Y-o-Y to RMB1.37 blnOutlookGDS maintains 2025 revenue guidance at RMB11,290-11,590 mlnCompany keeps 2025 adjusted EBITDA guidance at RMB5,190-5,390 ml...Reuters
Wed, Aug 20
Israel-based ZIM Integrated Shipping's Q2 revenue misses estimates on lower freight rates, volumes
OverviewZIM Q2 revenue falls 15% yr/yr to $1.64 bln, missing analyst expectationsAdjusted EBITDA and EBIT miss estimates due to lower freight rates and volumesCo raises lower end of full-year guidance for Adjusted EBITDA and EBITOutlookZIM expects 2025 Adjusted EBITDA of $1.8 bln to $2.2 blnCompany ...Reuters
Wed, Aug 20
Dycom Industries Q2 revenue rises 14.5%
Overview Dycom Industries Q2 contract revenues rise 14.5% yr/yr to $1.378 blnGAAP diluted EPS hits record $3.33, up 35.4% yr/yrNet income increases 42.5% to $97.5 mln, driven by operational efficiencyOutlookDycom expects fiscal 2026 revenue of $5.290 bln to $5.425 blnCompany anticipates Q3 revenue b...Reuters
Wed, Aug 20
Switzerland moves to strengthen its competitiveness after US tariffs
ZURICH, Aug 20 (Reuters) - Switzerland is intensifying efforts to strengthen its attractiveness as a business location, its government said on Wednesday, after being hit with some of the highest U.S. tariffs worldwide.Efforts will focus on regulatory relief for Swiss companies, and new rules incurri...Reuters
Wed, Aug 20
