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Indonesia's Prabowo gets support from biggest party, but no coalition deal yet

By Stanley Widianto JAKARTA (Reuters) - Indonesia's largest political party said it would support incoming president Prabowo Subianto, but it was unclear on Thursday whether it would formally join his

Reuters

Thu, Oct 17

TSMC's third-quarter profit handily beats forecasts on AI boom

TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, reported on Thursday a forecast-beating 54% jump in

Reuters

Thu, Oct 17

Nestle announces restructuring, misses nine-month organic sales forecast

LONDON (Reuters) -Nestle announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month organic sales growth,

Reuters

Thu, Oct 17

Intel China responds to accusations of security issues from Chinese cyber association

BEIJING (Reuters) - Intel's China unit said on Thursday it has always prioritised product safety and quality, after an influential Chinese cybersecurity association called for a security review of the

Reuters

Thu, Oct 17

European renewable power prices fell in Q3, PPA platform says

FRANKFURT (Reuters) - European power purchase agreements (PPA) for green electricity decreased in price by 12.4% in the third quarter compared with the same time in 2023, price tracking platform

Reuters

Thu, Oct 17

Thai Finance Minister says still wants higher inflation target after rate cut

BANGKOK (Reuters) - Thailand's government still wants to see a higher inflation target that will push up prices, the finance minister said on Thursday after the central bank's surprise interest rate

Reuters

Thu, Oct 17

Israeli strike targets Syria's Latakia, fires break out, state media reports

CAIRO (Reuters) -An Israeli strike targeting Syria's Mediterranean port city of Latakia early on Thursday resulted in fires breaking out there, Syrian state news agency SANA reported. Firefighters

Reuters

Thu, Oct 17

Morning Bid: ECB to cut, markets want clues on next move

A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank is expected to make its first back-to-back rate cut in 13 years on Thursday. With that in the price,

Reuters

Thu, Oct 17

Germany's Vay gets $37 million from EIB for remote-driven services in Europe

By Nick Carey LONDON (Reuters) - German remote-driving startup Vay said on Thursday it has received 34 million euros ($37 million) in funding from the European Investment Bank to roll out its

Reuters

Thu, Oct 17

Stellantis recalls 44,500 hybrid SUVs worldwide over brake pedal defect

(Corrects figures in the headline and first paragraph to 44,500, not 54,000, and in the third paragraph to 20,987, not 30,517) WASHINGTON (Reuters) - Carmaker Stellantis said on Wednesday it is

Reuters

Thu, Oct 17

Japan's exports fall for first time in 10 months on China, US slowdown

By Makiko Yamazaki TOKYO (Reuters) -Japan's exports fell for the first time in 10 months in September, data showed on Thursday, a worry for policymakers as any prolonged weakness in global demand may

Reuters

Thu, Oct 17

McKinsey cuts hundreds of jobs in China business, WSJ reports

(Reuters) - U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce,

Reuters

Thu, Oct 17

Former Seoul police chief found not guilty of negligence in Halloween crush

SEOUL (Reuters) - A South Korean court ruled on Thursday that Seoul's former police chief was not guilty of negligence in the response to a Halloween crowd crush in the capital's Itaewon nightlife

Reuters

Thu, Oct 17

Robinhood launches desktop platform, adds futures and index options trading to app

By Manya Saini and Niket Nishant (Reuters) - Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech

Reuters

Thu, Oct 17

Bridgewater's China fund up 19% in September amid stock rally

By Summer Zhen HONG KONG (Reuters) - Hedge fund giant Bridgewater Associates' onshore China funds in September posted their best monthly gain since launch, boosted by an epic stock rally after

Reuters

Thu, Oct 17

North Korea calls South Korea 'hostile state' indicating constitution change

By Jack Kim SEOUL (Reuters) -North Korea has designated South Korea a "hostile state", its state media said on Thursday, confirming that its national assembly had amended the constitution in line with

Reuters

Thu, Oct 17

Meta lays off employees at WhatsApp and Instagram, the Verge reports

(Reuters) - Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter. A Meta spokesperson told

Reuters

Thu, Oct 17

Trump, at Latino event, stands by false claims of immigrants eating pets

By Alexandra Ulmer and Costas Pitas (Reuters) -Republican presidential candidate Donald Trump on Wednesday stood by debunked claims that immigrants in Ohio were eating pets, telling Latino voters

Reuters

Thu, Oct 17

India's alleged interference in Canada was 'horrific mistake,' Trudeau says

OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau said on Wednesday India made "a horrific mistake" by thinking it could interfere as aggressively as it allegedly did in Canada's sovereignty.

Reuters

Thu, Oct 17

Australia's job machine extends strong run, 2024 rate cut bets fade

SYDNEY (Reuters) -Australian employment beat forecasts for a sixth straight month in September, while the jobless rate held steady, reinforcing the view that the labour market remains tight as market

Reuters

Thu, Oct 17

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