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Israel says Gazans free to exit while Hamas attends Cairo ceasefire talks
Hamas holds more ceasefire negotiations in EgyptNetanyahu says Gazans should leave of their own willIsrael preparing offensive to take over Gaza City Twelve killed in strike on home, nine aid-seekers dieBy Nidal al-Mughrabi and Emily Rose CAIRO/JERUSALEM, Aug 13 (Reuters) - Militant group Hamas...
Reuters
Wed, Aug 13
Hon Hai Precision: Unit Cloud Network Buys FII AMC Mexico Stake For $45 Mln
Aug 13 (Reuters) - Hon Hai Precision Industry Co Ltd 2317.TW:SAYS UNIT CLOUD NETWORK TECHNOLOGY SINGAPORE PTE BUYS FII AMC MEXICO S. DE R.L. DE C.V. STAKE FOR $45 MILLIONFurther company coverage: 2317.TW
Reuters
Wed, Aug 13
Chinese online microlender Qudian's Q2 profit jumps on investment gains, revenue slumps on wind down of last-mile delivery
OverviewQudian Q2 2025 revenue drops 93.5% yr/yr due to last-mile delivery wind downNet income for Q2 2025 rises sharply, driven by higher investment incomeOutlookCompany winding down last-mile delivery due to increased competitionCompany expects prudent cash management to safeguard balance sheetQud...
Reuters
Wed, Aug 13
South Korean President Lee to visit Japan for summit with Ishiba, Seoul says
By Heejin KimSEOUL, Aug 13 (Reuters) - South Korean President Lee Jae Myung will visit Japan from August 23-24 and hold a summit with Prime Minister Shigeru Ishiba, Lee's office said at a briefing on Wednesday.The leaders will discuss ways to improve regional peace and boost trilateral cooperati...
Reuters
Wed, Aug 13
Ukraine says it hit oil pumping station in Russia's Bryansk
KYIV, Aug 13 (Reuters) - Ukraine's military said on Wednesday its drones hit the Uniecha oil pumping station in Russia's Bryansk region overnight."Damage and a large-scale fire were recorded in the area of the booster pumping station building," the Ukrainian General Staff said on Tel...
Reuters
Wed, Aug 13
Iranian lawmaker says reimposition of UN sanctions will lead to NPT withdrawal, Defapress reports
DUBAI, Aug 13 (Reuters) - Iran's parliament is ready to withdraw from the nuclear Non-Proliferation Treaty (NPT) should international sanctions be reimposed by the United Nations, Iranian lawmaker Manouchehr Mottaki told Defapress on Wednesday.This comment comes after European countries expresse...
Reuters
Wed, Aug 13
Goldman Sachs Torpedoes Trump Tariff Theory; President Tells CEO "Be a DJ, Not Banker"
TradingKey - On August 12, local time, U.S. President Trump took to social media to criticize Goldman Sachs CEO David Solomon, stating that Solomon should "go find a new economist" and mockingly suggesting that he should "focus on being a DJ instead of running a large financial institution."
TradingKey
Wed, Aug 13
Mobile data firm uCloudlink's Q2 revenue misses estimates, lowers FY 25 guidance
OverviewuCloudlink Q2 revenue falls 13.3% yr/yr, missing analyst expectationsAdjusted net income for Q2 misses consensus, reflecting macroeconomic challengesCompany maintains operational breakeven amid growth in data consumptionOutlookuCloudlink expects Q3 2025 revenue between $22 mln and $26 mlnCom...
Reuters
Wed, Aug 13
Thyssenkrupp Nucera CEO Says Projects With Less Chance Of Being Realized In The U.S. Have Been Sorted Out - Call
Aug 13 (Reuters) - THYSSENKRUPP NUCERA AG & CO KGAA NCH2.DE:THYSSENKRUPP NUCERA CEO ON CALL - UNCERTAINTIES AROUND ELIGIBILITY OF U.S. PROJECTS HAVE BEEN SIGNIFICANTLY REDUCED BY THE ENACTMENT OF BIG BEAUTIFUL BILLTHYSSENKRUPP NUCERA CEO ON CALL - PROJECTS IN US CAN NOW EXPECT TO RECEIVE FUNDING...
Reuters
Wed, Aug 13
CORRECTED-Zelenskiy, European leaders to speak to Trump ahead of Putin summit
Trump meets Putin on Friday to discuss war in UkraineEurope, Kyiv fear being shut out of war negotiationsUkraine warns unfair peace in Ukraine would not last longZelenskiy, Trump and Europeans meet online on WednesdayBy Lili Bayer, Tom Balmforth and Olena Harmash BRUSSELS/LONDON/KYIV, Aug 13 (Reu...
Reuters
Wed, Aug 13
Lilly launches Mounjaro pen in India at $160 for starting dose, stepping up Novo rivalry
By Rishika Sadam and Kashish TandonAug 13 (Reuters) - Eli Lilly LLY.N on Wednesday launched the easy-to-use injector pen of its blockbuster weight-loss drug Mounjaro for 14,000 rupees (nearly $160) for its starting dose of 2.5 mg in India, stepping up competition with Novo Nordisk NOVOb.CO.Lilly sai...
Reuters
Wed, Aug 13
China targets two EU banks, retaliating to bloc's Russia sanctions package
By Liz Lee BEIJING, Aug 13 (Reuters) - China has taken countermeasures against two banks in the European Union, in response to the bloc placing two Chinese financial institutions on a Russia-related sanctions list, its commerce ministry said on Wednesday. Effective immediately, Lithuanian ban...
Reuters
Wed, Aug 13
German property bank PBB swings to loss as it withdraws from US
By Tom Sims and Alexander Hübner FRANKFURT, Aug 13 (Reuters) - Deutsche Pfandbriefbank PBBG.DE (PBB), one of Germany's top property financiers, swung to a loss in the second quarter after booking higher risk provisions as it withdraws from the U.S. market, figures on Wednesday showed.PBB said...
Reuters
Wed, Aug 13
EXCLUSIVE-US embeds trackers in AI chip shipments to catch diversions to China, sources say
Trackers used to detect illegal AI chip diversion to China, sources sayTrackers found in Dell, Super Micro shipments containing Nvidia, AMD chips, sources sayChina criticizes US export curbs, tracking proposalsBy Fanny Potkin, Karen Freifeld and Jun Yuan Yong SINGAPORE/NEW YORK, Aug 13 (Reuter...
Reuters
Wed, Aug 13
Merz, Zelenskiy plan statements as Berlin hosts Ukraine talks
BERLIN, Aug 13 (Reuters) - German Chancellor Friedrich Merz and Ukrainian President Volodymyr Zelenskiy are scheduled to deliver press statements at around 1400 GMT on Wednesday in Berlin, according to the German chancellery's schedule.Zelenskiy is in the German capital on a day of talks between...
Reuters
Wed, Aug 13
Gulf Keystone Petrol Recently Restarted Production Operations At Shaikan Field
Aug 13 (Reuters) - Gulf Keystone Petroleum Ltd GKP.L:GULF KEYSTONE PETROL - NOTICE OF HY25 RESULTS & OPERATIONAL UPDATEGULF KEYSTONE PETROLEUM LTD - PRODUCTION OPERATIONS RECENTLY RESTARTED AT SHAIKAN FIELD
Reuters
Wed, Aug 13
Lilly launches Mounjaro pen in India priced at $160
Aug 13 (Reuters) - Eli Lilly LLY.N launched the pre-filled injector pen of its blockbuster weight-loss drug Mounjaro for 14,000 rupees (nearly $160) for its starting dose of 2.5 mg in India on Wednesday, stepping up competition with rival Novo Nordisk NOVOb.CO.($1 = 87.6650 Indian rupees)
Reuters
Wed, Aug 13
KFC India operator Devyani reports lower quarterly profit as costs rise
Aug 13 (Reuters) - Devyani International DEVY.NS, which operates Pizza Hut and KFC restaurants in India, reported a fall in first-quarter profit on Wednesday amid sluggish demand for fast food and higher costs. The Yum Brands YUM.N franchisee posted a net profit of 36.9 million Indian rupees ($420,9...
Reuters
Wed, Aug 13
Jaguar Land Rover to recall over 121,500 US vehicles due to suspension knuckle issue, NHTSA says
Aug 13 (Reuters) - Tata Motors-owned TAMO.NS Jaguar Land Rover is recalling more than 121,500 vehicles in the United States due to cracked suspension knuckles in the front, the U.S. National Highway Traffic Safety Administration said on Wednesday.The recall includes Range Rover and Range Rover Sport...
Reuters
Wed, Aug 13
IAG posts 87.2% combined ratio following benign FY25 cat experience
Insurance profit up 21.2% to A$1.74 billionGWP up 4.3% to A$17.12 billion'Favourable' perils experience in 1H25, with 2H25 broadly in line with allowanceFY26 perils allowance up circa 3% to A$1.32 billionBy Rebecca DelaneyAug 13 - (The Insurer) - Australian carrier IAG's combined ratio i...
Reuters
Wed, Aug 13
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