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EXPLAINER-Can Trump send the National Guard to cities around the US?
Aug 20 (Reuters) - U.S. President Donald Trump has called upon governors from several Republican states to deploy their states' National Guard to Washington, D.C., which Trump has claimed is ridden with crime. As troops poured into D.C., Trump on Tuesday also suggested that he might send the Nat...Reuters
Wed, Aug 20
Michelle Yeoh sees ‘Ne Zha 2’ movie as homage to Chinese mythology
By Danielle BroadwayLOS ANGELES, Aug 20 (Reuters) - For Oscar-winning actor Michelle Yeoh, it is time for Hollywood to focus more on Asian mythological characters like the ones showcased in the Chinese film “Ne Zha 2,” which has become the highest-grossing animated film in history worldwide. "Th...Reuters
Wed, Aug 20
RPT-ANALYSIS-Air Canada labor deal may reshape pay for North American airline crews
Tentative deal ends unpaid work for Air Canada flight attendants, union saysStrike reflects broader unrest over unpaid labor in airline industryAirlines face higher costs from new compensation models, analysts sayBy Allison Lampert and Rajesh Kumar Singh MONTREAL/CHICAGO, Aug 19 (Reuters) - A cri...Reuters
Wed, Aug 20
Uganda foreign affairs official says no agreement reached with US to take illegal immigrants
KAMPALA, Aug 20 (Reuters) - Uganda has not reached any agreement with the United States to take in illegal immigrants, a senior foreign affairs ministry official said on Wednesday."To the best of my knowledge we have not reached such an agreement. We do not have the facilities and infrastructure...Reuters
Wed, Aug 20
Drugmaker Novo Nordisk freezes hiring for non-critical jobs
COPENHAGEN, Aug 20 (Reuters) - Wegovy-maker Novo Nordisk NOVOb.CO has implemented a global hiring freeze covering job roles that are not critical for its business, the company said on Wednesday. The company is battling competition from copycat versions of its blockbuster Wegovy obesity drug this...Reuters
Wed, Aug 20
McDonald's to offer discounted combo meals, WSJ reports
Aug 20 (Reuters) - McDonald's MCD.N and its franchisees agreed to discount eight popular combo meal offerings by 15%, and offer $5 and $8 specials, the Wall Street Journal reported on Wednesday.The move follows weeks of discussions between McDonald's and restaurant operators, including the c...Reuters
Wed, Aug 20
Pope Leo sets day of fasting, prayers for peace on Friday
By Joshua McElwee VATICAN CITY, Aug 20 (Reuters) - Pope Leo has asked Catholics and other religious faithful to observe a day of fasting and prayers for peace in the Middle East, Ukraine and other war-torn areas of the world on Friday, August 22."As our Earth continues to be wounded by wa...Reuters
Wed, Aug 20
Sales of foreign-branded phones in China down 31.3% in June, data shows
BEIJING, Aug 20 (Reuters) - Sales of foreign-branded phones, including Apple Inc's AAPL.O iPhone, declined 31.3% year-on-year in China in June, according to Reuters' calculations based on data released on Wednesday by a government-affiliated research firm. The shipments of foreign-brand...Reuters
Wed, Aug 20
McDonald's To Cut Combo Meal Prices After Convincing Franchisees - WSJ
Aug 20 (Reuters) - MCDONALD’S TO CUT COMBO MEAL PRICES AFTER CONVINCING FRANCHISEES - WSJMCDONALD’S AND FRANCHISEES AGREED TO DISCOUNT EIGHT POPULAR COMBOS BY 15% AND OFFER $5 AND $8 SPECIALS - WSJSource text: https://tinyurl.com/t9e9j7eeReuters
Wed, Aug 20
Drugmaker Novo Nordisk enacts worldwide hiring freeze for non-critical job roles
COPENHAGEN, DENMARK, Aug 20 (Reuters) - Wegovy-maker Novo Nordisk NOVOb.CO has implemented a global hiring freeze, which covers job roles that are not critical for its business, the company said on Wednesday."We currently have a hiring freeze in non-business critical areas," the company sai...Reuters
Wed, Aug 20
Russia says its forces hit port infrastructure in Ukraine, captured more settlements
MOSCOW, Aug 20 (Reuters) - Russia's defence ministry said on Wednesday its forces had hit port infrastructure used to supply fuel to Ukrainian forces, Interfax news agency said.The statement didn't name the port. Ukraine's president Volodymyr Zelenskiy said earlier that Russia had struck...Reuters
Wed, Aug 20
Chinese video streaming platform iQIYI swings to Q2 loss as advertisers adjust strategies
OverviewiQIYI Q2 revenue falls 11% yr/yr to RMB6.63 bln ($925.3 mln)Company reports operating loss of RMB46.2 mln, reversing last year's profitNet loss attributable to iQIYI is RMB133.7 mln, compared to net income last yearResult DriversLIGHTER CONTENT SLATE - Membership services revenue fell 9%...Reuters
Wed, Aug 20
Pope Leo calls for day of fasting, prayers for peace in Ukraine on Friday
VATICAN CITY, Aug 20 (Reuters) - Pope Leo has asked Catholics and other religious faithful to observe a day of fasting and prayers for peace in Ukraine and other war-torn countries on Friday, August 22."As our Earth continues to be wounded by wars in the Holy Land, in Ukraine, and in many other ...Reuters
Wed, Aug 20
China's Baidu misses quarterly revenue estimates
Aug 20 (Reuters) - Chinese search engine giant Baidu 9888.HK, BIDU.O fell short of market estimates for quarterly revenue on Wednesday, signaling persistent weakness in the advertising market amid prolonged economic uncertainty.The company reported total revenue of 32.71 billion yuan ($4.56 billion...Reuters
Wed, Aug 20
Thailand says has $800 million budget to ease U.S. tariff, border conflict impact
BANGKOK, Aug 20 (Reuters) - Thailand has a budget of 26 billion baht ($800 million) to soften the impact of U.S. tariffs and the border conflict with Cambodia, Finance Minister Pichai Chunhavajira said on Wednesday. Thailand and the United States will hold talks this week on regional value-content r...Reuters
Wed, Aug 20
REFILE-China private equity secondary deals to surge on rising supply, cheaper valuations
Yuan-denominated PE secondary deals value hit record high in H1China assets trading at steeper discounts in secondary trades Improved market sentiment should be conducive to secondary dealsBy Kane WuHONG KONG, Aug 20 (Reuters) - Secondary trades of private equity assets in China are poised to accele...Reuters
Wed, Aug 20
China-based ATRenew's Q2 revenue jumps 32.2%
OverviewATRenew Q2 revenue grows 32.2% yr/yr to RMB4,991.5 mlnIncome from operations turns positive at RMB91.1 mln from a loss last yearCo repurchased 1.6 mln ADSs, announced new $50 mln share repurchase programOutlookCompany expects Q3 2025 revenues between RMB5,050 mln and RMB5,150 mlnATRenew anti...Reuters
Wed, Aug 20
Online brokerage firm Futu Holdings Q2 revenue rises 69.7%
OverviewFutu Q2 revenue rises 69.7% yr/yr to HK$5.31 blnNet income increases 112.7% yr/yr to HK$2.57 blnTotal trading volume up 121.2% yr/yr to HK$3.59 trillionOutlookCompany did not provide specific guidance for future quarters or full yearResult DriversINTERNATIONAL EXPANSION - Over half of total ...Reuters
Wed, Aug 20
Saudi Arabia allows private jet operator VistaJet to fly in the kingdom, statement says
DUBAI, Aug 20 (Reuters) - Saudi Arabia's civil aviation authority said on Wednesday it granted permission to VistaJet to conduct domestic flights, making it the first international private jet operator in the kingdom.Reuters
Wed, Aug 20
