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Israeli strike kills two people in Gaza, medics say
1+ day, 3+ hour ago (220+ words) CAIRO, Sept 13 (Reuters) – An Israeli airstrike on Sunday killed at least two Palestinians in a vehicle and wounded 13 others in the Gaza Strip, medical staff said. The strike in the Tel Al-Hawa neighbourhood in western Gaza City, left the vehicle…...
Nepal tunnel survivor finds solace in village homecoming
22+ hour, 28+ min ago (447+ words) TILATHI KOILADI, Nepal, Sept 13 (Reuters) – After nine days trapped in a hydropower tunnel and a week of hospital care following his dramatic rescue, Sanjay Sah, a rare survivor of last month’s devastating glacier collapse in Nepal, finally returned to his…...
Tencent-backed Enflame to debut in Shanghai on Friday in $912 million IPO
4+ day, 22+ hour ago (237+ words) BEIJING, Sept 9 (Reuters) – Tencent-backed AI chipmaker Shanghai Enflame Technology will make its Shanghai stock market debut on September 11, an exchange filing showed on Wednesday. Enflame, one of China’s leading AI chip startups known locally as the “four little GPU dragons…...
Morning Bid: $100 Brent in sight, yen defies gravity
5+ day, 6+ hour ago (521+ words) A look at the day ahead in European and global markets from Kevin Buckland Brent crude has climbed to the cusp of $100 a barrel, a level last seen in late July, as fresh fighting in the Middle East fuels fears…...
Morning Bid: Diesel the real spoiler for US inflation doves
1+ week, 6+ hour ago (465+ words) A look at the day ahead in European and global markets from Wayne Cole. It’s been a patchy start to the week with tech leading Asian shares higher, while European and Wall Street futures barely budge. Semiconductor makers’ stocks drove…...
German industrial output falls unexpectedly in July
1+ week, 6+ hour ago (185+ words) Sept 7 (Reuters) – German industrial production fell unexpectedly in July, due to a sharp decline in production in the automotive sector. Industrial production fell by 1.1% compared to the previous month, the federal statistics office said on Monday. Analysts polled by Reuters…...
South Korea exports surpass full-year record, hit $709.4 billion YTD
1+ week, 2+ day ago (147+ words) SEOUL, Sept 5 (Reuters) – South Korea’s exports have reached $709.4 billion so far this year, surpassing last year’s annual record, the customs office said on Saturday, as the economy rides high on booming global demand for AI chips. The country’s exports hit…...
S&P 500 futures fall after August jobs data
1+ week, 2+ day ago (103+ words) Sept 4 (Reuters) – Futures tracking the benchmark S&P 500 index turned negative on Friday after data showed the U.S. economy added more-than-expected jobs in August. A Labor Department report showed nonfarm payrolls rose 162,000 last month, compared with the 56,000 job additions…...
Novartis, Ionis’ experimental heart drug misses key goal in closely watched trial
1+ week, 2+ day ago (464+ words) By Christy Santhosh and Bhanvi Satija Sept 4 (Reuters) – Novartis said on Friday its experimental drug pelacarsen did not cut the risk of major heart attacks and strokes in patients with a genetic risk factor in a late-stage trial, marking a…...
US private payroll growth slows in August; factory orders rebound in July
1+ week, 4+ day ago (703+ words) WASHINGTON, Sept 2 (Reuters) – U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by job losses in manufacturing and a few other industries. Private employment rose by 38,000 jobs last month…...