By Bernard Orr and Yimou Lee BEIJING/TAIPEI (Reuters) – China staged mock missile strikes and dispatched fighter jets carrying live missiles and bombers on Friday, state television CCTV said, as part of two-day exercises Beijing has said were launched to punish Taiwan’s new president, Lai Ching-te. The bombers set up several attack formations in waters…
LONDON (Reuters) – Government policies to encourage companies to pay more dividends should increase the attractiveness of China’s stock market for overseas investors, a senior Chinese regulator said on Thursday. Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said the Chinese government set out policies last month to strengthen its capital markets, including…
By Nora Eckert and Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter adjusted profit on Wednesday as the automaker continues to battle costly quality issues and an EV business that is weighing on its bottom line, sending shares tumbling 12% in after-hours trading. The Detroit automaker earned an adjusted profit of 47 cents…
AMSTERDAM (Reuters) – ASML shares briefly crossed the 1,000 euro ($1,084.30) mark for the first time on Monday, an all-time high, following positive research notes on top customer TSMC ahead of both companies’ earnings. ASML is the world’s biggest vendor of chipmaking equipment and Europe’s third most valuable company with a market capitalisation of 390…
By Jody Godoy (Reuters) -The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry, according to a source familiar with the matter. Under the deal, the U.S. Department of…
By Alexander Cornwell ABU DHABI (Reuters) – The United States, Britain and the European Union are pressing the United Arab Emirates to show it is cracking down on firms evading sanctions imposed on Russia over the war in Ukraine, according to three sources aware of the diplomatic outreach. American, British and EU officials visited the…
CAIRO (Reuters) -Yemen’s Houthis said on Sunday that they had attacked two civilian ships along with an American destroyer in the Red Sea and Arabian Sea, their latest effort to disrupt shipping in what they say is support for Palestinians in Gaza. In a statement, the Houthi military spokesperson, Yahya Saree, said the militant group…
By Simon Lewis, Humeyra Pamuk and Patricia Zengerle WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken on Wednesday urged Egypt to do everything it can to make sure humanitarian aid is flowing into Gaza as food and medicine bound for the strip piles up on the Egyptian side. Blinken told a hearing in the House…
(Reuters) – Russian President Vladimir Putin said on Friday that Ukrainian President Volodymyr Zelenskiy had no legitimacy following the expiry of his five-year term and this would raise a legal obstacle if Russia and Ukraine were to resume peace talks. With Ukraine still under martial law in the third year of Russia’s full-scale invasion, Zelenskiy…
By Francois Murphy VIENNA (Reuters) -The U.N. nuclear watchdog’s Board of Governors will hold an emergency meeting on Thursday at the request of both Ukraine and Russia to discuss attacks on the Zaporizhzhia Nuclear Power Plant, after the enemies accused each other of drone attacks. The International Atomic Energy Agency has said drones struck the…
