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PRESS DIGEST- New York Times business news - August 19
Aug 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The Trump administration has discussed taking a 10% stake in Intel INTC.O as part of a government-backed effort to revive the trou...Reuters
5 minutes ago
WRAPUP 11-US would help assure Ukraine's security in a peace deal, Trump tells Zelenskiy
Trump says U.S. would help Europe provide security for Ukraine Zelenskiy welcomes 'strong signal' from TrumpEuropean leaders push for ceasefire ahead of any peace dealBy Andrea Shalal and Max Hunder WASHINGTON, Aug 18 (Reuters) - U.S. President Donald Trump told President Volodymyr Zelens...Reuters
7 minutes ago
Air Canada cabin crew strike enters day four as talks resume
Jobs minister promises probe into unpaid work allegationsOther Canadian unions voice support, may offer financial aidStranded passengers express frustration By Allison Lampert and Wa Lone MONTREAL/TORONTO, Aug 19 (Reuters) - Air Canada AC.TO flight attendants extended their strike into a fourth d...Reuters
27 minutes ago
OpenAI rolls out cheapest ChatGPT plan at $4.6 in India to chase growth
Aug 19 (Reuters) - ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month, its most affordable offering yet, as the company looks to deepen its presence in its second-largest market. Global companies often offer cheaper sub...Reuters
an hour ago
BREAKINGVIEWS-SoftBank throws Intel its next-best lifeline
By Robyn MakHONG KONG, Aug 19 (Reuters Breakingviews) - Masayoshi Son's group will take a 2% stake, worth $2 bln, in the struggling chipmaker. Given SoftBank's bets in OpenAI and more, the deal is a much-needed endorsement for new CEO Lip-Bu Tan. But what Intel really needs to help revive sa...Reuters
an hour ago
North Korea's Kim calls for rapid nuclear buildup amid US-South Korea exercises
Kim Jong Un calls U.S.-South Korea drills a war provocationAnalysts doubt North Korea's willingness to respond to Seoul's bid to ease tensionsUpcoming South Korea-U.S. summit set to discuss North Korean nuclear programmeBy Ju-min Park and Joyce Lee SEOUL, Aug 19 (Reuters) - North Korean l...Reuters
an hour ago
US spy chief Gabbard says UK agreed to drop 'backdoor' mandate for Apple
Gabbard says agreement with UK followed months of talksUS lawmakers had been critical of UK orderUS was examining whether order broke terms of bilateral dealBy Kanishka Singh WASHINGTON, Aug 18 (Reuters) - U.S. Director of National Intelligence Tulsi Gabbard said on Monday the UK had agreed to dr...Reuters
2 hours ago
PRESS DIGEST- Financial Times - August 19
Aug 19 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Private equity sale of 6 billion euros fee-paying schools group Cognita on brink of collapse- Rachel Reeves looks at UK property tax re...Reuters
2 hours ago
Shein weighs China relocation to ease path for Hong Kong IPO, Bloomberg News reports
Aug 19 (Reuters) - Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities' approval for its planned Hong Kong IPO, Bloomberg News reported on Tuesday, citing sources. Singapore-headquartered Shein has consulted lawyers ...Reuters
2 hours ago
Shein weighs China relocation to ease path for Hong Kong IPO, Bloomberg News reports
Aug 19 (Reuters) - Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities' approval for its planned Hong Kong IPO, Bloomberg News reported on Tuesday, citing sources.Reuters
2 hours ago
US spy chief Gabbard says UK agreed to drop 'back door' mandate for Apple
By Kanishka SinghWASHINGTON, Aug 18 (Reuters) - U.S. Director of National Intelligence Tulsi Gabbard said on Monday the UK had agreed to drop its mandate for iPhone maker Apple AAPL.O to provide a "back door" that would have enabled access to the protected encrypted data of American citizens...Reuters
2 hours ago
Air Canada, cabin crew union hold first talks since strike began
Air Canada, union holding discussions with mediator, union saysGovernment minister to probe allegations of unpaid workUnion seeks pay for ground duties, similar to some US airlinesBy Allison Lampert MONTREAL, Aug 18 (Reuters) - Air Canada AC.TO and the union representing 10,000 striking flight at...Reuters
2 hours ago
Trump, EU's von der Leyen discuss plight of children in war
Trump hosted European and NATO leaders at White House on MondayMelania Trump wrote letter to Putin about suffering of childrenTrump delivered US first lady's letter to Putin on FridayBy Kanishka Singh WASHINGTON, Aug 18 (Reuters) - U.S. President Donald Trump and European Commission President...Reuters
3 hours ago
Texas Democratic lawmakers end walkout, setting stage for vote on redrawn map
Democrats return to Texas after state rep says they achieved walkout goalsRepublicans aim for quick passage of new maps in TexasCalifornia proposes redistricting to counter Republican gainsBy Brad Brooks and Daniel Trotta Aug 18 (Reuters) - Democratic lawmakers in Texas returned to the state on M...Reuters
3 hours ago
Rutte says Article 5 type deal considered for Ukraine, NATO membership not discussed
Trump met Zelenskiy, NATO and European leaders at White HouseTrump called Putin after meetingsMonday's meetings followed Trump-Putin Alaska summit on FridayBy Kanishka Singh WASHINGTON, Aug 18 (Reuters) - NATO Secretary General Mark Rutte said on Monday NATO membership for Ukraine was not und...Reuters
3 hours ago
US denies intervening in case of Israeli official accused of Nevada sex crime
Israeli official Tom Alexandrovich was arrested in Nevada before being releasedUS State Department says US officials were not involved in his releaseLas Vegas Police announced arrest late last week after undercover operationBy Kanishka Singh and Raphael SatterWASHINGTON, Aug 18 (Reuters) - The U.S. ...Reuters
3 hours ago
Missouri attorney general named as co-deputy director of FBI
By Jasper Ward and Sarah N. Lynch WASHINGTON, Aug 18 (Reuters) - The Trump administration has named Missouri Attorney General Andrew Bailey to a new post of co-deputy director of the FBI alongside Dan Bongino.Bongino, who shared the report on X with the caption "Welcome," clashed with U.S...Reuters
3 hours ago
