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Kyivstar owner VEON raises annual outlook
Aug 7 (Reuters) - VEON VEON.O, the telecoms group that owns Ukraine's biggest mobile operator, on Thursday reported strong quarterly earnings and raised its annual revenue and core profit guidance.The company now expects total revenue to grow between 13% and 15% and earnings before interest, tax...Reuters
8 minutes ago
BREAKINGVIEWS-US punitive tariffs put India in a corner
By Una GalaniHONG KONG, Aug 7 (Reuters Breakingviews) - Donald Trump doubled US levies on Indian imports to 50%. Even if New Delhi can halve that by stopping its purchases of Russian oil, the worst case scenario is now the base case. And unlike China, India's options for retaliating against Wash...Reuters
8 minutes ago
BREAKINGVIEWS-Trump's chip tariff exemptions offer false comfort
By Robyn MakHONG KONG, Aug 7 (Reuters Breakingviews) - TSMC and Samsung shares rallied after the US president said firms that invest stateside will avoid a 100% levy. So the pair's US expansion plans should ensure a carve-out. Yet Washington will probably sharpen its manufacturing demands of the...Reuters
14 minutes ago
Welfare of India's farmers is supreme, PM Modi says
Aug 7 (Reuters) - Welfare of India's farmers was supreme, Prime Minister Narendra Modi said on Thursday, hours after the United States imposed an additional 25% tariff on import of Indian goods."I will have to pay a heavy personal price for this but I am ready," he said, addressing a fun...Reuters
17 minutes ago
Trump says US to levy 100% tariff on imported chips but some firms exempt
Trump says tariffs to exclude firms building in AmericaTSMC seen as likely to be exempt due to US factoriesSouth Korea says will have the most favourable levies100% tariffs would be devastating for Philippines - business leader Chip tariffs expected to affect China's SMIC and HuaweiBy Andrea Sha...Reuters
18 minutes ago
Kyivstar owner VEON raises annual outlook
Aug 7 (Reuters) - VEON VEON.O, the telecoms group that owns Ukraine's biggest mobile operator, on Thursday reported strong quarterly earnings and raised its annual revenue and core profit guidance.The company now expects total revenue to grow between 13% and 15% and earnings before interest, tax...Reuters
25 minutes ago
VEON Q2 Revenue $1.09 Bln
Aug 7 (Reuters) - VEON Ltd VEON-RX.MM:Q2 REVENUES $1.09 BILLIONQ2 EBITDA $520 MILLIONOUTLOOK 2025: NOW EXPECTS YOY REVENUE GROWTH OF 13%-15% (VERSUS 12%-14% PRIOR)OUTLOOK 2025: NOW EXPECTS YOY EBITDA GROWTH OF 14%-16% (VERSUS 13%-15% PRIOR)Source for text: tinyurl.com/4tev69rmReuters
26 minutes ago
Wary of sticker shock, retailers clash with brands on price hikes
Retailers resist price hikes amid rising tariffs and inflationBrands face margin squeeze, retailers demand price cutsRetailers develop own-brand alternatives to counter price hikesBy Helen Reid LONDON, Aug 7 (Reuters) - Caught between rising costs from tariffs and belt-tightening consumers, big r...Reuters
41 minutes ago
Tennis-Refreshed Sinner ready for Cincinnati title defence
Aug 7 (Reuters) - World number one Jannik Sinner said he had taken the right decision by opting for a long break following his Wimbledon triumph, and the recharged Italian is ready to fire at the Cincinnati Open where he will defend his title.The 23-year-old lost a marathon French Open final to riva...Reuters
43 minutes ago
South Korea, US to conduct major joint military drills starting August 18
Annual exercise has frequently been a source of tension with North Korea20 out of 40 field training events will be rescheduled to September, official saysNorth Korea has so far rebuffed Seoul's efforts to lower tensionsBy Jack Kim and Heejin KimSEOUL, Aug 7 (Reuters) - South Korea and the United...Reuters
44 minutes ago
Groundbreaking Latin jazz pianist-composer Eddie Palmieri, dead at 88
Earned 10 Grammy Awards in career spanning seven decadesRemembered for percussive, dynamic piano styleHis music blended jazz, salsa, funk and soul soundsMade his musical debut at 11 with Carnegie Hall performanceBy Steve GormanAug 6 (Reuters) - Eddie Palmieri, a Grammy-celebrated pianist, composer a...Reuters
51 minutes ago
White House plans increase in law enforcement as Trump eyes D.C. takeover
Trump floats using National Guard to police D.C.White House official says increased federal presence comingViolent crime in D.C. is down compared to previous yearBy Jeff Mason and Andrea Shalal WASHINGTON, Aug 6 (Reuters) - President Donald Trump on Wednesday said he may use the National Guard to...Reuters
an hour ago
BREAKINGVIEWS-Aussie bourse fat-finger flub rings alarming bell
By Antony CurrieMELBOURNE, Aug 7 (Reuters Breakingviews) - Everyone gets names wrong sometimes. That's little consolation to the poor souls at the Australian Stock Exchange who on Wednesday mistook TPG Telecom TPG.AX , the country's third-largest phone company, for U.S. private equity firm T...Reuters
an hour ago
Japan presses US on auto tariff cut, seeks clarification on other levies
Japan's top trade negotiator meets US Commerce Secretary LutnickJapan seeks confirmation US won't stack new tariffs, following Asahi report Ishiba under fire for lack of written confirmation on trade dealBy Leika Kihara TOKYO, Aug 7 (Reuters) - Japan pressed the U.S. to swiftly implement ...Reuters
an hour ago
